James Bronzz, WalletHub Analyst
@jbronz
No, you cannot get a Chase Sapphire bonus twice. If you get the bonus of 125,000 points for spending $6,000 in the first 3 months from the Chase Sapphire Reserve® card, you may not be eligible for another initial bonus from any Sapphire card if you currently have a Sapphire card or have previously received a bonus for it. The same applies if you get the bonus of 75,000 points for spending $5,000 on purchases in the first 3 months from the Chase Sapphire Preferred® Card. This policy is to prevent people from abusing the system and “churning” to get bonuses over and over again.
If you’re debating which Chase Sapphire bonus to go after, remember Chase Sapphire Reserve’s annual fee is $795 while Chase Sapphire Preferred’s fee is $95. So, if you’re a big spender who wants to get the best value for travel, go with Chase Sapphire Reserve. If you’re more concerned with minimizing your yearly costs, go with Chase Sapphire Preferred. The points are worth 1 cent each toward travel for both cards.
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Scott Macdonald, Member
@hwypirate
You can no longer get the bonus twice. Chase changed it to once in a lifetime, and no longer after 48 months
People also ask
Can you have two of the same credit card?
No. You cannot have two of the same credit card from the same credit card company at the same time, with two notable exceptions: Capital One and Citibank. People in forums online have shared their experiences with having two different accounts of the same card from both of these issuers, including Capital One VentureOne, Capital One Quicksilver, and Citi Double Cash. In the case of Capital One, some forum users have reported offers to upgrade...
read full answer by Michael Battle, WalletHub Credit Card AnalystHow do you earn Chase Sapphire Reserve bonus points?
You can earn the Chase Sapphire Reserve card bonus points by spending $6,000 in the first 3 months of account opening. Meeting this initial spending requirement qualifies you for the Chase Sapphire Reserve card’s 125,000 points welcome bonus. There are several other ways of earning extra points with the Chase Sapphire Reserve, too.
How to Earn Chase Sapphire Reserve Bonus Points
125,000 points:
Spending $6,000 in the first 3 months, will get you a considerable 125,000 points bonus. This bonus will show up in your...
read full answer by Bogdan Roberts, Credit Cards ModeratorDid we answer your question?
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