In the event you’ve been fascinated by making use of for the Chase Sapphire Most popular® Card (see charges and costs) — and even when you have not, you may wish to hear this — now could be one of the best time to take action.
That is as a result of you possibly can at the moment earn a limited-time bonus of 100,000 Final Rewards factors after spending $5,000 on purchases within the first three months of account opening.
TPG’s March 2025 valuations peg Chase Final Rewards factors at 2.05 cents every, which suggests this bonus is value a whopping $2,050. This matches the highest-ever welcome supply we final noticed on this card over three years in the past.
Provide alert: Earn 100,000 bonus factors with the Chase Sapphire Most popular for a restricted time.
Earlier than you apply, although, you must be sure you’re eligible for this supply. Here is a fast rundown of the eligibility necessities and restrictions for the Chase Sapphire Most popular welcome bonus.
Am I eligible for Chase Sapphire Most popular bonus?
That is what Chase states on its web site relating to Chase Sapphire Most popular bonus guidelines and eligibility:
The product isn’t accessible to both (i) present cardmembers of any Sapphire bank card, or (ii) earlier cardmembers of any Sapphire bank card who acquired a brand new cardmember bonus throughout the final 48 months.
That signifies that you are within the clear to use for the cardboard and obtain the welcome bonus if you happen to’ve by no means held the Chase Sapphire Most popular or Chase Sapphire Reserve® (see charges and costs).
Nonetheless, issues get just a little extra sophisticated if you happen to at the moment have the Sapphire Most popular or Reserve — or if you happen to’ve had one up to now.
Chase has a 48-month rule for patrons to obtain new cardmember bonuses throughout the Chase Sapphire card household.
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So, if you happen to’ve earned a Chase Sapphire Most popular or Sapphire Reserve welcome bonus up to now 4 years, you are out of luck to earn this bonus. And take into account that the 48-month rule applies to while you acquired the bonus, not while you utilized for the cardboard.
Moreover, you possibly can solely have one Sapphire bank card open at a time. Meaning those that are present cardholders of the Chase Sapphire Most popular, Chase Sapphire Reserve or the no-annual-fee Chase Sapphire Card (now not open to new purposes) can not apply for this card or obtain the bonus.
The data for the Chase Sapphire has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Associated: What credit score rating do you might want to get the Chase Sapphire Most popular card?
Chase’s 5/24 rule
One thing else to think about when fascinated by whether or not to use for the Sapphire Most popular is Chase’s 5/24 rule.
Even if you happen to meet the above necessities, Chase Sapphire Most popular bonus guidelines require you to nonetheless fall below Chase’s notorious — although unpublished — 5/24 rule.
In the event you’ve opened 5 or extra new private bank card accounts (together with approved consumer accounts and some enterprise accounts) throughout all issuers up to now two years, Chase is nearly definitely going to disclaim your utility.
You’ll be able to strive calling Chase to see in the event that they’re prepared to not maintain approved consumer accounts in opposition to your most of 5 new accounts within the final two years if you happen to get denied for a brand new Chase card; nonetheless, notice that this doesn’t suggest you may get an automated approval.
Associated: Find out how to calculate your 5/24 standing
Shifting credit score strains
There’s one closing notice relating to Sapphire Most popular purposes. In the event you at the moment have a number of Chase bank cards with massive credit score limits, there’s an opportunity you have hit the utmost (whole) sum of money that the issuer is prepared to mortgage you.
If this occurs, you probably will not be rejected for the cardboard while you apply. As an alternative, your utility will go into “pending” standing.
You can look ahead to Chase to decide, however you may be higher off calling the reconsideration line. You can proactively supply to maneuver credit score strains from an current card to the Sapphire Most popular, which will help the agent push your utility by means of.
Backside line
The present Chase Sapphire Most popular limited-time welcome bonus of 100,000 Chase Final Rewards could be very worthwhile, so those that are eligible ought to take into account making use of.
In the event you’ve had your eye on the Sapphire Reserve, you would apply for the Sapphire Most popular now to earn the upper welcome bonus. Then you would request to improve to the Sapphire Reserve after a 12 months to entry elevated journey perks.
To be taught extra, learn our full overview of the Chase Sapphire Most popular.
Apply right here: Chase Sapphire Most popular Card
Associated: Why the Chase Sapphire Most popular ought to nonetheless be your first rewards card
