Last year Chase added some new language to cards (chase pop up jail). Normally the language on these offers says something like ‘It looks like you’re not eligible for a bonus on <card name>. This can happen if you’ve already held or received a bonus for this card. Current holders of personal Chase Sapphire cards are also ineligible.’ Earlier this year we got some clarification on the rules for Sapphire cards stating ‘The new cardmember bonus may not be available to you if you currently have any other personal Sapphire cards open, previously held this card or received a new cardmember bonus for this card. We may also consider the number of cards you have opened and closed, as well as other factors in determining your bonus eligibility.’
American Express has similar language and they consider a lifetime to be 5-6 years. It wasn’t clear if Chase had a similar end date to lifetime language or it was a true once per lifetime deal. It does seem like it’s similar to American Express and you can get the bonus again even if you’ve had it before but we don’t know the specific timeframe yet. A few things to consider:
- Chase 5/24 rule still applies
- You cannot be a current cardholder
Data Points
TPG first shared some broad data points and their takeaways were that people that were eligible first applied in 2010-2012 when the Chase Sapphire Preferred first launched and canceled by 2016/2017 when the Chase Sapphire Reserve launched.
Did Work
- 7 years
- Last got the bonus 10 years ago in June 2016 and account was closed a year or so after. Currently have the CSR as well.
Didn’t Work
Sharing Your Data Points
If you’d like to share your data points then the following are most helpful:
- When you were approved for your second CSP (e.g we only want data points from people that have been approved since the new language was added and had a Chase Sapphire Preferred in the past)
- When you first applied for and were approved for first the card
- When you canceled your first card card
Our Verdict
As always please share your data points so we can get further clarity.
