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.
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Pros
- The Capital One Venture X business card has a lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
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