In case you’ve been serious about making use of for the Chase Sapphire Most popular® Card (see charges and costs) — and even when you have not, you will wish to hear this — now could be one of the best time to take action.
That is as a result of that is your final probability to earn a limited-time bonus of 100,000 Final Rewards factors after spending $5,000 on purchases within the first three months of account opening, since this supply ends on Could 15 at 9 a.m. EDT.
TPG’s Could 2025 valuations peg Chase Final Rewards factors at 2.05 cents every, which implies this bonus is value a whopping $2,050. This matches the welcome supply we final noticed on this card over three years in the past.
Final probability: Earn 100,000 bonus factors with the Chase Sapphire Most popular for a restricted time. This supply ends on Could 15.
Earlier than you apply, although, it’s best to be sure you’re eligible for this supply. This is a fast rundown of the eligibility necessities and restrictions for the Chase Sapphire Most popular welcome bonus.
Am I eligible for Chase Sapphire Most popular bonus?
That is what Chase states on its web site concerning Chase Sapphire Most popular bonus guidelines and eligibility:
The product shouldn’t be obtainable to both (i) present cardmembers of any Sapphire bank card, or (ii) earlier cardmembers of any Sapphire bank card who obtained a brand new cardmember bonus inside the final 48 months.
That implies that you are within the clear to use for the cardboard and obtain the welcome bonus in case you’ve by no means held the Chase Sapphire Most popular or Chase Sapphire Reserve® (see charges and costs).
Nonetheless, issues get a little bit extra difficult in case you at the moment have the Sapphire Most popular or Reserve — or in case you’ve had one prior to now.
Chase has a 48-month rule for patrons to obtain new cardmember bonuses inside the Chase Sapphire card household.
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So, in case you’ve earned a Chase Sapphire Most popular or Sapphire Reserve welcome bonus prior to now 4 years, you are out of luck to earn this bonus. And understand that the 48-month rule applies to once you obtained the bonus, not once you utilized for the cardboard.
Moreover, you possibly can solely have one Sapphire bank card open at a time. Meaning those that are present cardholders of the Chase Sapphire Most popular, Chase Sapphire Reserve or the no-annual-fee Chase Sapphire Card (not open to new purposes) can not apply for this card or obtain the bonus.
The knowledge for the Chase Sapphire has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Associated: What credit score rating do it is advisable to get the Chase Sapphire Most popular card?
Chase’s 5/24 rule
One thing else to think about when serious about whether or not to use for the Sapphire Most popular is Chase’s 5/24 rule.
Even in case you meet the above necessities, Chase Sapphire Most popular bonus guidelines require you to nonetheless fall underneath Chase’s notorious — although unpublished — 5/24 rule.
In case you’ve opened 5 or extra new private bank card accounts (together with approved person accounts and some enterprise accounts) throughout all issuers prior to now two years, Chase is sort of definitely going to disclaim your software.
You possibly can attempt calling Chase to see in the event that they’re keen to not maintain approved person accounts in opposition to your most of 5 new accounts within the final two years in case you get denied for a brand new Chase card; nevertheless, observe that this does not imply you will get an computerized approval.
Associated: How you can calculate your 5/24 standing
Shifting credit score strains
There’s one closing observe concerning Sapphire Most popular purposes. In case you at the moment have a number of Chase bank cards with massive credit score limits, there’s an opportunity you’ve got hit the utmost (complete) sum of money that the issuer is keen to mortgage you.
If this occurs, you probably will not be rejected for the cardboard once you apply. As a substitute, your software will go into “pending” standing.
You could possibly look ahead to Chase to decide, however you is perhaps higher off calling the reconsideration line. You could possibly proactively supply to maneuver credit score strains from an present card to the Sapphire Most popular, which will help the agent push your software via.
Backside line
The present Chase Sapphire Most popular limited-time welcome bonus of 100,000 Chase Final Rewards may be very invaluable, so those that are eligible ought to take into account making use of, particularly since that is your final probability to earn it. This supply ends on Could 15.
In case you’ve had your eye on the Sapphire Reserve, you possibly can apply for the Sapphire Most popular now to earn the upper welcome bonus. Then you possibly can request to improve to the Sapphire Reserve after a yr to entry elevated journey perks.
To be taught extra, learn our full evaluate of the Chase Sapphire Most popular.
Apply right here: Chase Sapphire Most popular Card – 100,000 Final Rewards factors after spending $5,000 on purchases within the first three months of account opening
