Disclosure: The Points Pundit receives NO compensation from credit card affiliate partnerships. Support the blog by applying for a card through my personal referral links. This article is meant for information purposes only and doesn’t constitute personal finance, legal, health or investment advice. Please consult a licensed professional for advice pertaining to your situation.


Chase is currently running limited time welcome bonuses on their Chase Sapphire cards. The Chase Sapphire Preferred and the Chase Sapphire Reserve are currently offering welcome bonuses of 75,000 Ultimate Rewards points. However, Chase has pretty stringent rules in places for its Sapphire cards. So while these welcome bonuses are fantastic, do you qualify? Let’s take a look.

Also Read: Do you qualify for this limited time welcome bonus on the Chase Sapphire Preferred card?

Chase Sapphire Reserve: 75,000 bonus points

With this welcome bonus on the Chase Sapphire Reserve card, you’ll earn 75,000 Ultimate Rewards points after you spend $4,000 in the first 3 months of card membership.

Click Here for the 75,000 points offer

Qualification Criteria

We can break this down into two primary categories: a) Card specific rule and b) Chase (bank) specific rules

One Sapphire Rule

As per the terms and conditions, Chase will not approve you for this welcome bonus if you currently have the Sapphire Preferred or Reserve card active.

The product is not available to either (i) current cardmembers of any Sapphire credit card or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months.

48 month rule

You cannot get the card if you’ve received a welcome bonus on either the Sapphire Reserve or Preferred in the last 48 months. Bear in mind that the date that matters here is the date you received the bonus on and not the date when Chase approved you for the card. You will also not be eligible for the bonus if you do a product change.

In addition, you need to be aware rules that are specific to Chase’s credit cards.

2/30 RULE

According to this rule, Chase will not approve you for one of their cards if you’ve successfully applied for two or more Chase cards in the last 30 days.


Chase will not approve you for their credit cards if you’ve been approved for 5 or more cards from any issuer in the last 24 months.


If your answer to any of the questions below is YES, then you won’t qualify for this 75,000 points offer on the Sapphire Reserve:

  • My last welcome bonus for the Sapphire Preferred or the Reserve posted after May 2020
  • I have already been approved for 2 Chase cards in the last 30 days
  • I currently hold the Chase Sapphire Preferred
  • I’ve been approved for 5 or more credit cards (from any issuer) in the last 24 months

The Pundit’s Mantra

In my case, I’ve carried the Chase Sapphire Preferred card in my wallet for more than half a decade. As I wrote in this blog post, the card just makes complete sense for me year after year.

However, if you’re eligible, then both these welcome bonuses make great sense. However, you can only get one Sapphire card and you also have to tick all the other boxes mentioned above in the article.

Apply Now for the 75,000 points offer

Which is your favorite Chase card? Tell us in the comments section.


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