Can I Get the Chase Sapphire Preferred Sign-Up Bonus Twice?
Update: Some offers mentioned below are no longer available. View the current offers here – Chase Sapphire Preferred Card
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.
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.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app