Chase Sapphire Reserve vs.
Preferred

The four-year rule for Chase Sapphire Reserve® used to prevent you from getting another initial bonus from any Chase Sapphire card if you've received one within the past 48 months. Chase Sapphire Reserve's initial bonus is 150,000 points for spend $6,000 on purchases in the first 3 months. However, this rule no longer applies.

Chase now states that you may not be eligible for a new cardmember bonus if you currently have any Chase Sapphire card, you previously owned one, or you received a new cardmember bonus from a particular Chase Sapphire card already.

Current Chase Sapphire Reserve Bonus Eligibility Explained

You may not be eligible to receive the initial bonus on the Chase Sapphire Reserve if:

• You currently have any Chase Sapphire card (including the Chase Sapphire Reserve® Card), or
• You previously held this card or received a new cardmember bonus for it.

Chase evaluates eligibility on a case-by-case basis and may consider the number of cards you've had, along with other factors, when determining bonus eligibility.

This rule intends to prevent churning, where people repeatedly open and close credit cards just to receive the initial bonus. Since the Chase Sapphire Reserve bonus is so generous, Chase limits how often customers can qualify for it, ensuring the offer is reserved for new or returning cardholders who haven't benefited from a Sapphire bonus.

The best Chase Sapphire Preferred Card benefits are trip delay reimbursement and waived DoorDash delivery fees on orders over $12. The Chase Sapphire Preferred® Card also has purchase protection and extended warranty protection, which are more common perks across Chase credit cards.

Chase Sapphire Preferred Card Benefits

• Trip delay reimbursement
• Complimentary access to DashPass a minimum of one year when you activate by December 31, 2027
• Purchase protection
• Extended warranty protection
• Baggage delay insurance
• ...

You can upgrade from Chase Sapphire Preferred to Chase Sapphire Reserve® only after you've had the Chase Sapphire Preferred card for at least 12 months. You can request an upgrade either online or over the phone at (800) 432-3117.

Asking to upgrade Chase Sapphire Preferred to Chase Sapphire Reserve is quick and easy. Approval is not guaranteed, but using your account responsibly certainly helps. You may also receive a targeted upgrade offer, either by e-mail or through regular mail. Just note that you if you...

The biggest disadvantage of the Chase Sapphire Reserve® is that it charges a high annual fee, at $795. Therefore, it's not a great option for people who use their card infrequently or are tight on money. There are a few other disadvantages of the Chase Sapphire Reserve to be aware of, too.

Chase Sapphire Reserve Disadvantages

• Requires high credit scores: The Chase Sapphire Reserve requires excellent credit for approval.
• Annual fee: The annual fee is $795.
• High APR:...

The biggest disadvantage of the Chase Sapphire Preferred® Card is that it is available to people with at least good credit, which means the average person may struggle to qualify. There are a few other disadvantages of the Chase Sapphire Preferred to be aware of, too.

Chase Sapphire Preferred Disadvantages

• Requires high credit scores: The Chase Sapphire Preferred requires at least good credit for approval.
• Annual fee: The annual fee is $95.
• High APR: The Chase Sapphire Preferred has a relatively...

The Chase Sapphire Preferred® Card credit score requirement is 700 or higher. That means people with good credit may have a decent shot at getting approved for the Chase Sapphire Preferred. You can check your credit score for free here on WalletHub to see if you qualify.

Note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Chase Sapphire Preferred. Some other key criteria include your income, existing debt load,...

The Chase Sapphire Preferred annual fee is $95. Chase Sapphire Preferred's $95 annual fee is higher than the average annual fee among new credit card offers right now. It's not the only fee you need to worry about with the Chase Sapphire Preferred® Card, either.

Chase Sapphire Preferred Fees

• Annual Fee: $95
• Cash Advance Fee: Either $10 or 5% of the amount of each transaction, whichever is greater.
• Foreign Fee: $0
• Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.

If you want to learn more, you can check WalletHub's guide on...

The Chase Sapphire foreign transaction fee is $0 for both the Chase Sapphire Reserve® card and the Chase Sapphire Preferred. A $0 foreign transaction fee means you won't have to pay extra to use a Chase Sapphire card abroad or online, with international merchants. Also, since both Sapphire cards are part of the Visa network, you can use them in over 200 countries worldwide.

Besides the $0 foreign transaction fees and worldwide acceptance, the Chase Sapphire cards also have some great travel...

The Chase Sapphire Reserve card Priority Pass membership gives cardholders and authorized users free memberships in the Priority Pass Select airport lounge program. Each cardholder and up to two guests get unlimited free access to over 1,500 airport lounges worldwide. Additional guests cost $27 per visit. Priority Pass Select airport lounges offer free Wi-Fi, snacks, and beverages. There's also comfortable seating and other amenities that vary by lounge.

In order to redeem your free Chase Sapphire Reserve card Priority Pass...

You can log in to your Chase Sapphire Preferred® Card account by going to the login page on the Chase website or mobile app and entering your username and password in the appropriate fields. Then, click the “Sign in” to access your online account.

How to Register for Online Access on your Chase Sapphire Preferred Account

1. Register your Chase Sapphire Preferred for online account access. Click “Not enrolled? Sign up now” and enter your account type, card or application number, and...

The Chase Sapphire Preferred® Card offers rental car insurance as a complimentary benefit. Chase Sapphire Preferred rental car insurance covers vehicles that you rent using your credit card against collision damage and theft.

To get Chase Sapphire Preferred rental car insurance coverage, you must decline the rental agency's insurance and pay for the rental entirely with your credit card.

Key Things to Know About Chase Sapphire Preferred Rental Car Insurance

• Where to find your details: You can find details about...