The Chase Sapphire Reserve® has launched an unprecedented welcome bonus, offering new cardholders the chance to earn 150,000 bonus points after spending $6,000 within the first three months of account opening. This generous offer translates to approximately $3,075 in travel value based on TPG’s May 2026 valuations, making it an opportunity not to be overlooked.
For current holders of the Chase Sapphire Preferred® Card, eligibility for this enticing offer is an important consideration. Fortunately, if you’ve never previously held the Sapphire Reserve or earned a bonus on it, you are likely eligible for this new promotion—even if you are currently a Sapphire Preferred cardholder.
Chase’s eligibility rules for its Sapphire family of cards provide clarity on who can apply for the Sapphire Reserve. If you are wondering whether you can add the Sapphire Reserve to your wallet, the good news is that you can as long as you meet specific criteria. You can qualify while holding the Sapphire Preferred, provided you haven’t earned its bonus or held the Sapphire Reserve previously.
However, before applying for the Sapphire Reserve, it’s crucial to understand additional requirements. One key rule is Chase’s 5/24 policy, which states that applicants who have opened five or more new credit cards from any issuer in the last 24 months are likely to face denial when applying for the Sapphire Reserve or any other Chase card. It’s also important to ensure that you do not have an open Sapphire Reserve account and haven’t received a bonus from it in the past. Generally, a solid credit history is required, and a credit score of at least 740 is recommended to enhance your chances of approval.
In summary, the current offer for the Sapphire Reserve represents the best welcome package in its history. For those who are Chase Ultimate Rewards enthusiasts, now may be an optimal time to apply. Current Sapphire Preferred cardholders can take advantage of this offer, as long as they remain below the 5/24 guideline and meet the other eligibility criteria. Interested individuals can begin their application process through the Chase Sapphire Reserve link.
