Posted by Chuck on September 10, 2018
Credit Cards

Published on September 10th, 2018 | by Chuck

112

Chase Sapphire Cards New 48-Month Signup Bonus Limitation (Instead of 24 Months) [Work Around No Longer Working]

Update 9/13/18: Temporary workaround for another few weeks, details here. 

Update 09/10/18: Unfortunately all referral links and pre-approved offers are now showing the 48 month language instead of 24 months. Hat tip to pfdpfd

The Chase Sapphire Preferred and Sapphire Reserve cards have updated their signup bonus limitation from being once every 24 months to once every 48 months (hat tip to Uscreditcardguide).The Sapphire ‘family rule‘ limitation is in place as before whereby all Sapphire cards are counted as one to limit you further in getting more bonuses.

Other Chase cards like Freedom still show the 24 months language. It may only be a matter of time until that changes as well. The Sapphire changes were probably all part of streamlining and advancing the Sapphire brand with today’s Sapphire Banking launch.

Many of us can’t apply for most Chase cards due to 5/24. This added limitation just makes it less interesting to try getting yourself under 5/24, IMO.

Workaround

I noticed that Sapphire referrals are still showing the 24-month rule, not the updated 48 month terms. It’s probably not a mistake: they likely can’t switch those in mid-offer. They’ll probably be updated at some later date.

We’ll post a Sapphire Reserve and Preferred referral thread shortly.



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Lantean
Lantean

OMG… this is terrible news.

JT
JT

F***. I am only 2 months away from churning the CSR.

AkJohnny
AkJohnny

were only 2 months…

Dave P
Dave P

I literally applied and was accepted this morning. Used a referral link. Just in the nick of time!!

Mike S
Mike S

lol but it wouldn’t have applied to you anyway??

William Charles

Why wouldn’t it have?

Bobby
Bobby

Isn’t it too early for anyone to churn the CSR? Isn’t is 24 months from when the bonus posted, which would be the end of the first statement (in September) at the earliest.

William Charles

Ah yeah makes sense

Krista Check My Posts
Krista Check My Posts

^Because he used a referral link he would still be fine even if he had applied later.

Yoni
Yoni

Hmmm, P#2 is at 12 months on CSR and 11 months on MSR bonus. Wonder if the clock will be 13 or 35 months. It will definitely change my thinking. I was going to alt primary every other year. I’m planning on applying for CSR in September, but may apply for both CSR/CSP.

Seems like game is really changing at a fairly rapid clip.

William Charles

It would be 13, no way would they boost it to 35 months.

Parts Unknown
Parts Unknown

Anyone else feel an UR devaluation coming….?

William Charles

If anything this is likely to make the points more valuable than less.

Dave
Dave

Plus they just effectively did so with Korean Air.

Fathiss
Fathiss

They just devalued IMO when they dropped Korean as a transfer partner and replaced with JetBlue.

the_shek
the_shek

Agreed!

rick b
rick b

meh. I never had any use for Korean. for me United and SW are best uses but I travel to Asia a lot and only during times when Korean jacks up their awards due to “high” season. What a joke.

GM
GM

I was approved for the Chase Fairmont card in January 2017 and received the free 2 night bonus.

That card was subsequent converted to a Sapphire Preferred in August 2017 which I still hold. I have never received a bonus on the Sapphire Preferred or Reserve.

Anyone know if I would be eligible to receive a bonus now on a new Sapphire Preferred if I cancelled my current one beforehand or would I have to wait 24 (and perhaps now 48) months?

sarat
sarat

you should be able to product change to freedom/unlimited as well instead of cancellation

Joe
Joe

If you’ve never received a bonus, you should be able to downgrade and apply to receive the bonus. I’m not sure if anything has changed now, but you could also double dip. Apply for both CSP and CSR on the same day and receive both bonuses if you’re able to meet the minimum spend for both

USB
USB

If you never got a bonus on CSP, you don’t have to wait 24 (or 48) months. You are eligible now.

My Fairmont also got converted to a CSP with no bonus. It was just a conversion which happens when banks decide to close one product but wants to keep the customers/accounts

William Charles

Yes you shouldn’t have any issue as it’s based on when you last received the sign up bonus. You didn’t receive a sign up bonus so you’d be eligible. Just downgrade that Sapphire Preferred to a Chase Freedom first.

Artem
Artem

Too many players in the game now weighing it down, I see all sorts of kids now crowding up business/first class (obviously on points) screaming omg they have free wifi omg the food is served on plates etc etc. I dont mind them cracking down, the OGs can survive.

Dan
Dan

bitter much?

My mann
My mann

Reading doc of credit you sound like a kid yourself:)

Mary
Mary

I 100% agree….even the airport lounges are overcrowded coz any Tom Dick or Harry can get into it easily by churning a credit card and …….whatever it takes to differentiate the Class from the Mass, i am happy…………need to get rid of these easy churners who game the game and hurt everyone else…………i have worked hard to earn a good position and deserve to reap the benefits, and cannot see the 3rd class reaping the same benefits just coz they have a f’ing credit card

Lawrence
Lawrence

Ahh are you kidding me??? I was going to pick up that card at the end of this year for that signup bonus. Got the bonus in December. Ugh, hopefully the citi prestiege is good when they bring it back…

the_shek
the_shek

I agree its time for Citi to get back into the game and shine

Jblazea50
Jblazea50

So I got the CSP in March 2018.. If I were to use a referral link, can I double dip in May 2020?

david190810
david190810

You are planning ahead of time. Who knows what’s gonna happen in 2020. Maybe Chase will adopt the one-per-lifetime rule by then.

Jay
Jay

Nobody knows what the language on either the public or the referral app is going to look like in 2020. Heck, the existing referral links might break next month and the new ones might have the language updated to say 48 months. Or, that might never happen at all. Point is, it’s futile to try and speculate on something that far in the future, but my gut feeling says that it’s more likely than not that referral apps in 2019 will have the 48-month language.

Finally, please do keep in mind that the 24/48-month clock resets when you *received the signup bonus*, NOT when you applied or were approved for the card.

Ihor
Ihor

I called their hotline and a rep told me that since I’m 2 years and a few days after I OPENED my last Sapphire card, I am eligible for a bonus via promotional email I received. I do understand that T&C says *received the signup bonus*. Does anyone know for sure which one is correct?

Dan
Dan

I had a rep tell me something similar. I received my card in June 2016 and they said I would be fine to apply in August of 2018 on the phone. Sure enough, I got the letter denying me since I was within 24 months. My 24 mo date was 9/3/2018. Horrible timing for them to institute the 48 mo rule! I just submitted an application with referral link (still says 24 mo) so hoping for the best.

Yet Another Redditor

Thats too far out to plan for…

KK
KK

I thought chase ended the refer a friend promotion for the sapphire(reserve)? I’m not able to pull it up to send to a friend.

cy1111
cy1111

Chase makes it clear to get Sapphire bonus: apply for CSP for 1st year AF waived; After one year, either close it or upgrade to CSR.

Credit
Credit

Good

Aaron
Aaron

Unless your spending in travel and dining would exceed $55 in points value in the first year, or about $3,666.67 if you give UR points a minimum value of 1.5 cents each… in that case, the difference in the annual fee (once the travel credit is factored in) would be justified.

Josh
Josh

the first year of the CSP would have AF waived

cy1111
cy1111

CSP has no AF in 1st year and also has 5k bonus for authorized user.
Only if you can spend around 10k in travel/dining or use a lot of PPS, you should definitely go for CSR directly.

Tracy
Tracy

If you upgrade to CSR, does it count to 5/24? and do you get the signon bonus when you upgrade?

cy1111
cy1111

Upgrade will not count as a new card, and will not be limited to 5/24. However, you have no upgrade bonus.

Paul
Paul

What’s the point in upgrading then? 🤔

Avi
Avi

I would say the main point is being able to redeem points for travel at 1.5c instead of 1.25c. You’d only have to redeem 22k points per year to make up the $55 difference in annual fee (if you consider the CSR annual fee as only $150 because of the $300 travel credit). If you have a large bank of UR points that you plan to redeem in this way, it’s a no-brainer.

Paul
Paul

I transfer to partners and get
More than 1.5 rate…..example Recent trip to Australia where I got $9000 Plus RT for 140,000 UR points. Getting happy with 1.25 or 1.5 is a colossal waste of points.😡

Avi
Avi

I think the 1.5 rate works well for flying economy or airfare price mistakes. I recently booked nonstop economy roundtrip DC to London for 50k points per ticket for my family using CSR, and years ago booked 3 tickets roundtrip business NYC to Hawaii for about 38k TOTAL (this was at 1.25c/point) on that Delta price mistake. An added benefit is mileage is accrued for flights and there are no additional taxes/fees. But to each his own.

cy1111
cy1111

Your get 3 ur per dollar on Travel/dining on CSR.

Peter
Peter

I have three months to reach 24 months, now it 48 months.
I am going to stick with CITI now

Josh
Josh

Was staying at 4/24 until I could churn CSR/CSP in Dec. Looks like there’s no reason to wait now… Time to wear out citi AA personal cards now and all the other personal cards out there

FlyingNinja
FlyingNinja

This is really bad news. Things just get more difficult now.

Jeremy
Jeremy

This is ridiculous! 4 years is over half a lifetime (as per Amex’s calculations)!

Ann
Ann

I’m not sure what you’re referring to here…?

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