Who’s eligible for the Chase Sapphire Reserve 10...

The Chase Sapphire Reserve® (see rates and fees), an uber-popular premium journey bank card, noticed a main refresh in June.

This update ushered in quite a few adjustments, together with the addition of a number of statement credits, automated elite standing and an annual price improve that usually accompanies these sorts of adjustments. The cardboard now carries a $795 annual price — up $245 from its earlier $550 price — however has quite a few assertion credit and advantages to offset this jump.

Plus, you may earn some of the priceless and versatile currencies within the type of the Chase Ultimate Rewards points.

At present, new candidates for the Sapphire Reserve can earn 100,000 bonus factors and a $500 Chase Travel℠ credit score* after spending $5,000 on purchases inside the first three months from account opening. This supply is ending quickly.

Based mostly on TPG’s August 2025 valuations, this bonus is value as much as $2,550 (together with the Chase Journey credit score).

When you’re concerned with making use of, here is all the things it is advisable know relating to your eligibility for this profitable welcome bonus.

*Notice that the phrases for the journey credit score state: The promotional credit score is legitimate for one-time use solely. When you apply the promotional credit score to a transaction lower than $500, you’ll forfeit the remaining stability.

Associated: The best credit card welcome bonuses of the month

Chase has just lately updated its bonus rules eligibility. Beforehand, you can solely earn one Sapphire welcome bonus each 48 months. Now, Chase has applied a brand new timeframe larger than 48 months relating to the welcome bonus.

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A consultant from Chase confirmed the next to TPG: “It is possible for you to to have each the Sapphire Reserve and the Chase Sapphire Preferred® Card (see rates and fees). New account bonus supply eligibility for both card will probably be based mostly on elements together with beforehand earned bonus gives and the variety of playing cards opened and closed, amongst others.”

You probably have beforehand acquired a Sapphire Reserve welcome bonus, you’ll not be eligible to obtain one other Sapphire Reserve welcome bonus. Even when it has been years because you acquired a welcome bonus on a selected Sapphire card, you probably won’t be eligible to earn one other bonus on that identical Sapphire card.

This additionally applies to the Sapphire Most popular, so in the event you acquired a welcome bonus on the Most popular, you’ll not be eligible for an additional Sapphire Most popular bonus.

Different issues to notice are:

• You is probably not eligible for a Sapphire Reserve bonus in the event you’re a present Sapphire Most popular cardholder.
• When you’re not a Sapphire buyer and by no means acquired a bonus on the Sapphire Reserve, you may most certainly be eligible.

For instance, I at present maintain the Sapphire Most popular and have by no means had the Sapphire Reserve. As a present, energetic Sapphire buyer, I may apply and get authorized for the Sapphire Reserve, however would virtually actually not be eligible for the bonus.

Moreover, TPG senior editorial director Nick Ewen at present has the Sapphire Reserve, and he had the Sapphire Most popular a few years in the past. He may apply for the Sapphire Most popular, however he would not be eligible for the bonus, since he is a present Sapphire Reserve buyer. Even when he downgraded his card, he beforehand earned a bonus on the Sapphire Reserve, so he virtually actually would not be capable to earn one other one.

When making use of for the Sapphire Reserve, a pop-up instrument will let you know in the event you’re eligible for a welcome bonus earlier than you submit an software and Chase runs a credit score examine. That is one of the best ways to substantiate in the event you’re eligible for a welcome bonus. When you’re not eligible for a welcome bonus, you’ll be able to nonetheless proceed with the appliance and attempt to get authorized with out a bonus.

Associated: The ultimate guide to credit card application restrictions

The 5/24 rule

Chase is thought for its notorious 5/24 rule, which states you can’t have opened 5 or extra playing cards previously 24 months throughout all banks and issuers.

This consists of accounts you might be a licensed person on; nevertheless, many enterprise playing cards don’t count toward your 5/24 standing. So, with the intention to be authorized for the Chase Sapphire and eligible for the Sapphire Reserve welcome bonus, you should be underneath Chase’s 5/24 rule.

Associated: Here’s how to calculate your 5/24 standing

Shifting credit score traces

Moreover, when you’ve got a number of bank cards with Chase, you might have reached your most whole accessible credit score restrict, which may probably trigger your software to be declined when making use of for the Sapphire Reserve.

If this occurs, you’ll be able to name the Chase reconsideration line at 1-888-270-2127 and ask them to shift a few of your credit score restrict from an current Chase card so that you could get authorized for the Sapphire Reserve.

Associated: What credit score do you need to get the Chase Sapphire Reserve card?

Previously, you were only able to hold one Sapphire card at a time. However, with this new refresh of the Sapphire Reserve, now you can hold both the Sapphire Reserve and Chase Sapphire Preferred on the identical time.

You simply will not be eligible to earn one other welcome bonus when you’ve got beforehand earned one because of the new bonus eligibility restrictions.

As well as, in the event you do not wish to maintain each playing cards, you’ll be able to upgrade and downgrade between Sapphire merchandise.

Associated: Your biggest Chase Sapphire Reserve questions answered: From bonus eligibility to earning rates

The present supply on the revamped Chase Sapphire Reserve is a wonderful deal, however it’s ending quickly. Based mostly on TPG’s August 2025 valuations, it’s value as much as $2,550 and may give you an enormous stash of Final Rewards factors. For these in search of a premium travel card with nice earnings charges and advantages, the Sapphire Reserve needs to be on the high of your checklist.

Keep in mind to concentrate to any pop-ups throughout the software course of, as one among them may point out whether or not you are eligible or not for a welcome bonus.

Apply right here: Sapphire Reserve providing the flexibility to earn 100,000 bonus factors and a $500 Chase Journey credit score after spending $5,000 on purchases within the first three months from account opening. (Supply ending quickly).