For those who’ve been fascinated about making use of for the Chase Sapphire Most well-liked® Card (see charges and costs) — and even when you have not, you may need 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 provide 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 price a whopping $2,050. This matches the welcome provide we final noticed on this card over three years in the past.
Final probability: Earn 100,000 bonus factors with the Chase Sapphire Most well-liked for a restricted time. This provide ends on Could 15.
Earlier than you apply, although, you need to be sure you’re eligible for this provide. Here is a fast rundown of the eligibility necessities and restrictions for the Chase Sapphire Most well-liked welcome bonus.
Am I eligible for Chase Sapphire Most well-liked bonus?
That is what Chase states on its web site concerning Chase Sapphire Most well-liked bonus guidelines and eligibility:
The product will not be out there to both (i) present cardmembers of any Sapphire bank card, or (ii) earlier cardmembers of any Sapphire bank card who acquired a brand new cardmember bonus throughout the final 48 months.
That signifies 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 well-liked or Chase Sapphire Reserve® (see charges and costs).
Nevertheless, issues get a bit extra sophisticated in case you presently have the Sapphire Most well-liked or Reserve — or in case you’ve had one up to now.
Chase has a 48-month rule for purchasers to obtain new cardmember bonuses throughout the Chase Sapphire card household.
Every day E-newsletter
Reward your inbox with the TPG Every day e-newsletter
Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants
So, in case you’ve earned a Chase Sapphire Most well-liked or Sapphire Reserve welcome bonus up to now 4 years, you are out of luck to earn this bonus. And needless to say the 48-month rule applies to once you acquired the bonus, not once you utilized for the cardboard.
Moreover, you possibly can solely have one Sapphire bank card open at a time. Which means those that are present cardholders of the Chase Sapphire Most well-liked, Chase Sapphire Reserve or the no-annual-fee Chase Sapphire Card (now 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 supplied by the cardboard issuer.
Associated: What credit score rating do you’ll want to get the Chase Sapphire Most well-liked card?
Chase’s 5/24 rule
One thing else to contemplate when fascinated about whether or not to use for the Sapphire Most well-liked is Chase’s 5/24 rule.
Even in case you meet the above necessities, Chase Sapphire Most well-liked bonus guidelines require you to nonetheless fall below Chase’s notorious — although unpublished — 5/24 rule.
For those who’ve opened 5 or extra new private bank card accounts (together with approved person accounts and some enterprise accounts) throughout all issuers up to now two years, Chase is sort of definitely going to disclaim your utility.
You’ll be able to strive calling Chase to see in the event that they’re prepared to not maintain approved person accounts towards your most of 5 new accounts within the final two years in case you get denied for a brand new Chase card; nonetheless, notice that this doesn’t suggest you may get an computerized approval.
Associated: The right way to calculate your 5/24 standing
Shifting credit score strains
There’s one remaining notice concerning Sapphire Most well-liked purposes. For those who presently have a number of Chase bank cards with giant credit score limits, there’s an opportunity you have hit the utmost (whole) sum of money that the issuer is prepared to mortgage you.
If this occurs, you probably will not be rejected for the cardboard once you apply. As a substitute, your utility will go into “pending” standing.
You might look forward to Chase to decide, however you may be higher off calling the reconsideration line. You might proactively provide to maneuver credit score strains from an present card to the Sapphire Most well-liked, which might help the agent push your utility by.
Backside line
The present Chase Sapphire Most well-liked limited-time welcome bonus of 100,000 Chase Final Rewards could be very precious, so those that are eligible ought to think about making use of, particularly since that is your final probability to earn it. This provide ends on Could 15.
For those who’ve had your eye on the Sapphire Reserve, you may apply for the Sapphire Most well-liked now to earn the upper welcome bonus. Then you may request to improve to the Sapphire Reserve after a 12 months to entry elevated journey perks.
To be taught extra, learn our full evaluation of the Chase Sapphire Most well-liked.
Apply right here: Chase Sapphire Most well-liked Card – 100,000 Final Rewards factors after spending $5,000 on purchases within the first three months of account opening