Chase took the credit card and mileage world by storm on August 22nd, 2016 when they introduced the Sapphire Reserve.
The card revolutionized what a premium credit card should look like. It had a hefty annual fee, but it also had hefty benefits to show for it. More critically, it allowed consumers to turn all of their Chase points into hybrid points where they had the option of redeeming points for airline miles/hotel points or redeeming points for paid travel at a value 1.5 cents per point. No longer would consumers be held hostage by airlines devaluing their miles.
The Sapphire Preferred and Sapphire Reserve signup bonus state that you can only earn a signup bonus once every 48 months for any Sapphire cards. My wife and I were able to get the intro 100K bonus 4 times thanks to both of us getting the Chase and JPMorgan versions of the card. But in the coming months, the first people will be able to get the signup bonus for a 2nd time on Sapphire Reserve.
It’s also worth noting that you won’t be able to get approved for a Sapphire card if you currently hold a Sapphire card. However you can downgrade a current Sapphire card to Freedom or Freedom Unlimited.
- Read more about why Sapphire Reserve + Freedom Unlimited make for the ultimate combo here.
- Read more about Sapphire Reserve benefits and about Sapphire Reserve vs Sapphire Preferred here.
You can call or send a secure message to Chase to learn when you last received a signup bonus on your card.
When does your 48 month Sapphire bonus lockout come to an end?