The Chase Sapphire Reserve® (see charges and costs), an uber-popular premium journey bank card, noticed a main refresh in June.
This replace ushered in quite a few adjustments, together with the addition of a number of assertion credit, automated elite standing and an annual price improve that sometimes 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 soar.
Plus, you may earn one of the vital invaluable and versatile currencies within the type of the Chase Final Rewards factors.
At present, new candidates for the Sapphire Reserve can earn 100,000 bonus factors and a $500 Chase Journey℠ credit score* after spending $5,000 on purchases throughout the first three months from account opening. This provide is ending quickly.
Based mostly on TPG’s August 2025 valuations, this bonus is price as much as $2,550 (together with the Chase Journey credit score).
Should you’re concerned about making use of, this is all the pieces it’s essential to know concerning your eligibility for this profitable welcome bonus.
*Be aware that the phrases for the journey credit score state: The promotional credit score is legitimate for one-time use solely. Should you apply the promotional credit score to a transaction lower than $500, you’ll forfeit the remaining steadiness.
Associated: One of the best bank card welcome bonuses of the month
Am I eligible for the Chase Sapphire Reserve 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 Most popular® Card (see charges and costs). New account bonus provide eligibility for both card shall be based mostly on components together with beforehand earned bonus affords and the variety of playing cards opened and closed, amongst others.”
If in case you have beforehand obtained 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 obtained a welcome bonus on a selected Sapphire card, you almost certainly is not going to be eligible to earn one other bonus on that identical Sapphire card.
This additionally applies to the Sapphire Most popular, so in case you obtained a welcome bonus on the Most popular, you’ll not be eligible for one more Sapphire Most popular bonus.
Different issues to notice are:
- You will not be eligible for a Sapphire Reserve bonus in case you’re a present Sapphire Most popular cardholder.
- Should you’re not a Sapphire buyer and by no means obtained a bonus on the Sapphire Reserve, you may more than likely 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 accepted for the Sapphire Reserve, however would virtually definitely 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 definitely would not be capable of earn one other one.
When making use of for the Sapphire Reserve, a pop-up software will let you know in case you’re eligible for a welcome bonus earlier than you submit an utility and Chase runs a credit score examine. That is the easiest way to verify in case you’re eligible for a welcome bonus. Should you’re not eligible for a welcome bonus, you possibly can nonetheless proceed with the appliance and attempt to get accepted with out a bonus.
Associated: The last word information to bank card utility restrictions
The 5/24 rule
Chase is understood 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 certified person on; nevertheless, many enterprise playing cards do not depend towards your 5/24 standing. So, with a purpose to be accepted for the Chase Sapphire and eligible for the Sapphire Reserve welcome bonus, you should be beneath Chase’s 5/24 rule.
Associated: This is find out how to calculate your 5/24 standing
Shifting credit score strains
Moreover, if in case you have a number of bank cards with Chase, you could have reached your most complete accessible credit score restrict, which may doubtlessly trigger your utility to be declined when making use of for the Sapphire Reserve.
If this occurs, you possibly can 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 with the intention to get accepted for the Sapphire Reserve.
Associated: What credit score rating do it’s essential to get the Chase Sapphire Reserve card?
Can I maintain each the Sapphire Reserve and Sapphire Most popular on the identical time?
Beforehand, you have been solely in a position to maintain one Sapphire card at a time. Nonetheless, with this new refresh of the Sapphire Reserve, now you can maintain each the Sapphire Reserve and Chase Sapphire Most popular on the identical time.
You simply will not be eligible to earn one other welcome bonus if in case you have beforehand earned one because of the new bonus eligibility restrictions.
As well as, in case you do not wish to maintain each playing cards, you possibly can improve and downgrade between Sapphire merchandise.
Associated: Your largest Chase Sapphire Reserve questions answered: From bonus eligibility to incomes charges
Backside line
The present provide on the revamped Chase Sapphire Reserve is a superb deal, however it’s ending quickly. Based mostly on TPG’s August 2025 valuations, it’s price as much as $2,550 and may give you a giant stash of Final Rewards factors. For these searching for a premium journey card with nice earnings charges and advantages, the Sapphire Reserve must be on the high of your record.
Keep in mind to concentrate to any pop-ups in the course of the utility 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. (Provide ending quickly).
