Maximize Your Chase Sapphire Bonus: Are You Eligible?
The Chase Sapphire Preferred® Card is currently offering an impressive 100,000-point welcome bonus after spending $5,000 within the first three months of account opening. Before applying, ensure you meet the following criteria to qualify for the bonus:
- Chase's 5/24 Rule: If you've opened five or more credit cards (across all issuers) in the past 24 months, Chase will likely deny your application. Business credit cards typically don't count toward this limit, but being an authorized user on another account does.
- Sapphire Family Bonus Restriction: You're ineligible if you've received a welcome bonus from any Sapphire card (Preferred or Reserve) in the past 48 months.
- One Sapphire Card Rule: Chase allows only one Sapphire card per person. If you currently hold a Sapphire Preferred or Reserve, you'll need to downgrade or cancel it before reapplying.
- Spending Requirements: To earn the bonus, spend $5,000 on eligible purchases within three months. Note that the $95 annual fee and certain transactions, like cash advances or person-to-person payments, don't count toward this total.
How WorkPlay Can Assist:
Navigating credit card applications and maximizing rewards can be complex. WorkPlay offers personalized financial tools and expert guidance to help you make informed decisions, ensuring you capitalize on opportunities like the Chase Sapphire Preferred® Card's welcome bonus.
Take Action Now:
Ready to optimize your credit card rewards? Join WorkPlay's waitlist today and let us guide you toward smarter financial choices and greater benefits.
