Chase Sapphire Reserve℠
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Question

Can I Get the Chase Sapphire Preferred Sign-Up Bonus Twice?

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TPG reader AnneMarie messaged me on Facebook to ask:

“Are you allowed to get the Chase Sapphire Preferred sign up bonus more than once? Is there a certain time that you can wait between cards to get the bonus more than once?”

The Chase Sapphire Preferred card has been one of my go-to travel cards for years. The rewards are pretty generous, as you earn two Ultimate Rewards points per dollar on all travel and dining. The travel category includes everything from airfare to subways, and even tolls and parking. There are also 11 amazing travel partners that you can get huge value from if you know how to maximize them.

You can't the Chase Sapphire Preferred bonus more than once in 24 months or if your card is open. Shutterstock.
You can get the Chase Sapphire Preferred sign-up bonus more than once under a few conditions. (Image courtesy of Shutterstock)

Chase offers a nice sign-up bonus for the card (currently 40,000 points after you spend $4,000 in the first 3 months), and the million dollar question is: can you get the sign-up bonus twice? Fortunately, Chase spells out the answer to thsi question very clearly. According to the application page for the Sapphire Preferred, “new card member offer is not available to: current card members of this consumer credit card or previous card members of this consumer card who received a new card member bonus within the last 24 months.”

So, if you don’t currently have the card open and you haven’t received a bonus for Sapphire Preferred in the last 24 months, you’re eligible to apply and receive the bonus again, as per Chase’s rules. If anyone has gotten the bonus more than once, please feel free to comment below and share your experience.

If you have any other questions, please tweet me @thepointsguy, message me on Facebook, or send me an email at info@thepointsguy.com.

Chase Sapphire Preferred® Card

Apply Now
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR Regular APR Annual Fee Foreign Transaction Fee Credit Rating
N/A 16.24%-23.24% Variable Introductory Annual Fee of $0 the first year, then $95 0% Excellent Credit