Chase Sapphire Application Rules

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Chase sapphire application rules.

Roughly one year ago chase instituted a new family rule for sign up bonuses on its sapphire line of credit cards. In addition to the one sapphire rule you can only receive an intro bonus to a chase sapphire card once every 48 months 4 years. In 2017 chase updated its application rules on the chase sapphire cards to be more like citibank. In the middle of 2015 some applicants with excellent credit who applied for chase ultimate rewards earning credit cards suddenly found themselves being declined the reason agents gave was an applicant had opened too many new accounts in the last 24 months within a short period of time there were enough data points to determine that the threshold for a chase denial was having opened.

For some cards this limit is 48 months though. Compare chase checking accounts and select the one that best fits your needs. For example this is the rule on the chase freedom flex sm and chase freedom unlimited. At this point in time it doesn t apply to other chase ultimate rewards credit cards.

Again the banks aren t looking to give away points for free and impose these drastic rules to limit card applications done solely for the purpose of earning points. Morgan offers insights expertise and tools to help you reach your goals check here for latest you invest offers promotions and coupons. In addition many chase sapphire preferred card card application links have also been updated to reflect this new change. On sapphire sundays brunch chase sapphire reserve cardmembers.

Chase sapphire 48 month rule. For example if you receive an intro bonus for the chase sapphire preferred in jan 2018 you would have to wait until jan 2022 to receive another chase sapphire bonus. Whether you choose to work with a financial advisor and develop a financial strategy or invest online j p. Rather than having its standard 24 month clock apply to each individual card the issuer deemed that having received a bonus on either the chase sapphire preferred card or the chase sapphire reserve meant you couldn t get the bonus on the other sapphire card for the same.

It s true that chase makes it hard for all of us to get our hands on the most lucrative cards. Join the sapphire reserved facebook group to connect with other cardmembers and share tips on how to make the most of your next getaway. Now if you ve received the signup bonus from the chase sapphire preferred in the last 2 years you cannot receive the bonus from the chase sapphire reserve and vice versa. Not fdic insured not insured by any federal government agency not a deposit or other obligation.

The chase 5 24 rule come up with a strategy. For example on the chase sapphire preferred card the same rules apply except it s based on having received a bonus on the card in the past 48 months.