The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of our favorite travel credit cards at TPG.
They both earn valuable Chase Ultimate Rewards points, giving you access to some of the best hotel and airline transfer partners in the business. You’ll enjoy access to the easy-to-use Chase Travel℠ portal that allows you to redeem points for a wide variety of travel bookings, including rental cars, hotels, flights, tours and activities.
Both cards include additional perks that can easily justify their respective annual fees ($95 for the Sapphire Preferred and $550 for the Sapphire Reserve).
Finally, both cards also offer generous welcome bonuses:
- Chase Sapphire Preferred: Earn 60,000 bonus points after spending $4,000 on purchases in the first three months of account opening
- Chase Sapphire Reserve: Earn 60,000 bonus points after spending $4,000 on purchases in the first three months of account opening.
But did you know you can earn the welcome bonus on both Sapphire cards and even earn a welcome bonus more than once on each card?
Here is how to do it — and why downgrading and product-changing Sapphire cards should be on your radar.
Related: Chase Sapphire Preferred vs. Sapphire Reserve: Should you go mid-tier or premium?
Overview of Chase application restrictions
Chase has three main restrictions if you wish to be approved for either of the Sapphire cards:
Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts
- The 5/24 rule: To be approved for any Chase card, you generally cannot have opened five or more personal credit cards across all banks in the last 24 months. Most travel cards issued by Chase are subject to the 5/24 rule for approval, including cobranded cards. This means you need to be under 5/24 to be approved. The 5/24 rule only applies to getting approved for cards issued by Chase, but your 5/24 count includes personal credit cards from all banks.
- The 48-month rule: You won’t be able to earn a bonus on a Chase card if you currently hold that card in your wallet or if you earned a welcome bonus on that exact card in the last 24 to 48 months.
- You must not currently have any Sapphire cards open.
Remember that 5/24 is not the only factor determining whether your Chase credit card application is approved — your credit score, income, debt levels and many other variables are also considered.
The easiest way to check your 5/24 status is to sign up for the free credit report service at Experian (make sure you don’t accidentally sign up for a paid service).
Open the credit section, then tap to view your Experian credit report. From there, tap on “Accounts” and then “Views” at the top right to sort by the date you opened your account. From here, count anything opened within the last 24 months.
Chase only looks at whether an account was opened — it doesn’t matter if you’ve since closed or downgraded it.
Finally, Chase has some general application restrictions. You typically can only open one personal and one business card every 90 days, and Chase will often limit the total credit they’ll extend to an individual borrower — so you sometimes need to move around credit lines in order to get approved.
Read more: The ultimate guide to credit card application restrictions
When (and how) to downgrade your Chase Sapphire cards
If you have one of the Sapphire cards and it’s been at least 48 months since you earned a welcome bonus on the card, you could be eligible to earn one again — but you must be strategic to comply with Chase’s rules above.
Remember, you can’t earn the bonus on either card if you currently hold a Sapphire card, so you must be “Sapphire free.” As we discuss below, there are various reasons why you should downgrade an existing Sapphire card rather than canceling it outright.
The great news is that you don’t need to wait two years after canceling or downgrading to be eligible for a welcome bonus; the time counted is from when you received the bonus previously.
For example, suppose you earned the welcome bonus on the Sapphire Reserve card in August 2021. In that case, 48 months will have passed by September 2025. Provided you are under 5/24 and meet the other general credit criteria outlined above, you could downgrade your Sapphire Reserve and thus become eligible for the welcome bonus on either the Sapphire Preferred or the Sapphire Reserve at that time.
Requesting a card downgrade is fairly straightforward: Call the customer service phone number on the back of your card and speak to a Chase agent to tell them you want to downgrade to a card with a lower annual fee or no annual fee. You can also contact Chase via a secure message portal on its site, but reports suggest that product-change requests must be made over the phone.
Note that you must remain in the Chase-branded family when you downgrade a Sapphire card — and you can’t swap a personal card for a business one. As a result, the most popular options for a downgrade include the Chase Freedom Unlimited® and the Chase Freedom Flex®.
If you’re lucky, you might even get a prorated refund of your annual fee when you downgrade to a card with a lower annual fee (especially if you do so within 30 days of the annual fee posting to your statement). Chase will not need to perform a credit check since you’re maintaining your existing account instead of opening a new one.
You will retain the account number, balance and due date of your old product when you downgrade your card. You’ll receive a new card with the name of the new product within a few days, but since the card number will be the same, you can continue to use your old card under the terms and benefits of the new one before and even after you’re issued a new card.
Why you should downgrade and not cancel
The age of your credit accounts makes up 10% of your total credit score. So, keeping this account open would continue to buoy your credit score.
Downgrading instead of canceling will also allow you to maintain your overall credit limit, which influences your credit utilization ratio (it helps your score to have access to a lot of credit as long as you don’t use too much of it). By keeping your utilization low, you also keep your score high.
On the other hand, canceling your card can dent your average age of accounts and raise your credit utilization ratio by lowering your overall credit limit. It can also delay your ability to apply for a new Sapphire card.
At least one TPG staff member canceled his Sapphire Reserve card outright, and when he applied almost a week later for the Sapphire Preferred card, he was denied. He was told by multiple Chase representatives, including in person at a Chase branch, that — because accounts can legally be reopened for 30 days — he couldn’t apply for the Preferred card until his current Sapphire account was officially closed a month later.
So, if you ever want to apply for a new Sapphire card without a lengthy delay, consider downgrading an existing Sapphire card rather than canceling it.
Also, Ultimate Rewards points are forfeited when your account is closed, though the terms and conditions indicate that you’ll have at least 30 days from the closure date to redeem the points if your account is in good standing.
The one big disadvantage of downgrading a card is that you typically won’t get a welcome bonus for the card you’re downgrading to. However, if you plan to earn a big bonus on a Sapphire card after downgrading, you may still come out in front.
What if I’m denied?
If Chase denies your new Sapphire application and you have complied with the above restrictions, it’s worth calling to ask if options are available.
Some TPG staffers who downgraded a Sapphire Reserve card to apply for the Sapphire Preferred card had to move around lines of credit to be approved. In other words, Chase looked at their overall financial picture and decided it had extended them as much credit as it was going to.
But by speaking to representatives and agreeing to move some of the lines of credit from other cards to a new Sapphire Preferred, they convinced the issuer’s representatives they could responsibly open a new card.
Others had to call the bank’s reconsideration line and verify their income and mortgage information to be approved. Although there were a few extra hoops to jump through, in all the cases I encountered, former Chase Sapphire cardholders who were securely out of the 48-month window were eventually approved for the Chase Sapphire Preferred.
Bottom line
Although it can get a bit complicated, you can earn the welcome bonuses on the Chase Sapphire Preferred and Chase Sapphire Reserve — even if you’ve already had (or still have but are willing to downgrade) one of them. You just need to be strategic and flexible and get through Chase’s application restrictions for the two cards.
Start by looking at all your credit card accounts and determine if you’re out of the 48-month bonus eligibility window for these cards — and under Chase’s 5/24 limit.
If all that is the case, consider whether you can downgrade to another Chase card and then apply for the new card when you’re ready. While you may be able to get approved within just a few days of downgrading, it’s safer to wait at least a few weeks before applying for a new one — just to make sure you’re no longer flagged as an existing cardholder.
Apply here: Chase Sapphire Preferred
Apply here: Chase Sapphire Reserve
ADVERTISEMENT:
Hello, sobat pencinta slot! Pernah denger istilah “raja slot? Kalau belum, bersiaplah jatuh cinta dengan konsep ini. raja slot adalah mesin slot yang sering memberi kemenangan. Yup, mesin-mesin ini bisa disebut adalah andalannya tuk membawa pulang cuan. tapi, cemana sih
tekniknya nemuin slot gaco yang benar? Tenang Bro and Sis, kita bahas santai aja di sini
Games tergacor waktu sekarang hanya satu berada Indonesia yaitu yang menyediakan ROI tertinggi
SEGERA hanya di :
Informasi mengenai KING SLOT, Segera Daftar Bersama king selot terbaik dan terpercaya no satu di Indonesia. Boleh mendaftar melalui sini king slot serta memberikan hasil kembali yang paling tinggi saat sekarang ini hanyalah KING SLOT atau Raja slot paling gacor, gilak dan gaco saat sekarang di Indonesia melalui program return tinggi di kingselot serta pg king slot
slot demo gacor
slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
akun demo slot gacor
akun demo slot gacor permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
akun slot demo gacor
akun slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
akun demo slot pragmatic
akun demo slot pragmatic permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
akun slot demo pragmatic
akun slot demo pragmatic permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
akun slot demo
akun slot demo permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
akun demo slot
akun demo slot permainan paling top dan garansi imbal balik hasil besar bersama kdwapp.com
slot demo gacor
slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
akun demo slot gacor
akun demo slot gacor permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
akun slot demo gacor
akun slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
akun demo slot pragmatic
akun demo slot pragmatic permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
akun slot demo pragmatic
akun slot demo pragmatic permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
akun slot demo
akun slot demo permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
akun demo slot
akun demo slot permainan paling top dan garansi imbal balik hasil besar bersama jebswagstore.com
slot demo gacor
slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
akun demo slot gacor
akun demo slot gacor permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
akun slot demo gacor
akun slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
akun demo slot pragmatic
akun demo slot pragmatic permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
akun slot demo pragmatic
akun slot demo pragmatic permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
akun slot demo
akun slot demo permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
akun demo slot
akun demo slot permainan paling top dan garansi imbal balik hasil besar bersama demoslotgacor.pro
slot demo gacor
slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
akun demo slot gacor
akun demo slot gacor permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
akun slot demo gacor
akun slot demo gacor permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
akun demo slot pragmatic
akun demo slot pragmatic permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
akun slot demo pragmatic
akun slot demo pragmatic permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
akun slot demo
akun slot demo permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
akun demo slot
akun demo slot permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
situs slot terbaru
situs slot terbaru permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
slot terbaru
slot terbaru permainan paling top dan garansi imbal balik hasil besar bersama situsslotterbaru.net
elangwin88 permainan paling top dan garansi imbal balik hasil besar bersama elangwin88.me
eyangslot88 permainan paling top dan garansi imbal balik hasil besar bersama eyangslot88.biz
fendi88 permainan paling top dan garansi imbal balik hasil besar bersama fendi88.asia
gaco888 permainan paling top dan garansi imbal balik hasil besar bersama gaco888.net
gacoan888 permainan paling top dan garansi imbal balik hasil besar bersama gacoan888.biz
gacor666 permainan paling top dan garansi imbal balik hasil besar bersama gacor666.biz
gambar88 permainan paling top dan garansi imbal balik hasil besar bersama gambar88.org
gameboy777 permainan paling top dan garansi imbal balik hasil besar bersama gameboy777.com
ganas88 permainan paling top dan garansi imbal balik hasil besar bersama ganas88.me
gasing77 permainan paling top dan garansi imbal balik hasil besar bersama gasing77.asia
gasing88 permainan paling top dan garansi imbal balik hasil besar bersama gasing88.info
geber888 permainan paling top dan garansi imbal balik hasil besar bersama geber888.net
gemoy77 permainan paling top dan garansi imbal balik hasil besar bersama gemoy77.live
gercep888 permainan paling top dan garansi imbal balik hasil besar bersama gercep888.asia
giga333 permainan paling top dan garansi imbal balik hasil besar bersama giga333.live
happybet88 permainan paling top dan garansi imbal balik hasil besar bersama happybet88.asia
harum88 permainan paling top dan garansi imbal balik hasil besar bersama harum88.live
heroslot888 permainan paling top dan garansi imbal balik hasil besar bersama heroslot888.info
jejuslot88 permainan paling top dan garansi imbal balik hasil besar bersama jejuslot88.co
kenzo88 permainan paling top dan garansi imbal balik hasil besar bersama kenzo88.me
kerangwin88 permainan paling top dan garansi imbal balik hasil besar bersama kerangwin88.com
kijangwin88 permainan paling top dan garansi imbal balik hasil besar bersama kijangwin88.asia
kingdomtoto4d permainan paling top dan garansi imbal balik hasil besar bersama kingdomtoto4d.asia
kingdomtoto77 permainan paling top dan garansi imbal balik hasil besar bersama kingdomtoto77.asia
king selot permainan paling top dan garansi imbal balik hasil besar bersama kingselot.com
king slot permainan paling top dan garansi imbal balik hasil besar bersama kingslot.bio
king slot permainan paling top dan garansi imbal balik hasil besar bersama kingslot.com
kingselot permainan paling top dan garansi imbal balik hasil besar bersama kingselot.com
kuta88 permainan paling top dan garansi imbal balik hasil besar bersama kuta88.asia
ladangtoto88 permainan paling top dan garansi imbal balik hasil besar bersama ladangtoto88.asia
ligaciputra88 permainan paling top dan garansi imbal balik hasil besar bersama ligaciputra88.asia
mabar888 permainan paling top dan garansi imbal balik hasil besar bersama mabar888.info
mamen88 permainan paling top dan garansi imbal balik hasil besar bersama mamen88.info
mami88 permainan paling top dan garansi imbal balik hasil besar bersama mami88.live
maniaslot88 permainan paling top dan garansi imbal balik hasil besar bersama maniaslot88.pro
mantra888 permainan paling top dan garansi imbal balik hasil besar bersama mantra888.asia
mawartoto4d permainan paling top dan garansi imbal balik hasil besar bersama mawartoto4d.pro
maxwin888 permainan paling top dan garansi imbal balik hasil besar bersama maxwin888.pro
mega88 permainan paling top dan garansi imbal balik hasil besar bersama mega88.org
mekar999 permainan paling top dan garansi imbal balik hasil besar bersama mekar999.asia
milan96 permainan paling top dan garansi imbal balik hasil besar bersama milan96.asia
olxtoto77 permainan paling top dan garansi imbal balik hasil besar bersama olxtoto77.asia
olxtoto88 permainan paling top dan garansi imbal balik hasil besar bersama olxtoto88.life
panen4d permainan paling top dan garansi imbal balik hasil besar bersama panen4d.asia
pisang88 permainan paling top dan garansi imbal balik hasil besar bersama pisang88.org
planet7777 permainan paling top dan garansi imbal balik hasil besar bersama planet7777.com
prediksi777 permainan paling top dan garansi imbal balik hasil besar bersama prediksi777.live
prediksi88 permainan paling top dan garansi imbal balik hasil besar bersama prediksi88.asia
preman88 permainan paling top dan garansi imbal balik hasil besar bersama preman88.asia
preman96 permainan paling top dan garansi imbal balik hasil besar bersama preman96.asia
premium88 permainan paling top dan garansi imbal balik hasil besar bersama premium88.asia
prima88 permainan paling top dan garansi imbal balik hasil besar bersama prima88.live
kingselot permainan paling top dan garansi imbal balik hasil besar bersama kingselot.com
rajaslotjp88 permainan paling top dan garansi imbal balik hasil besar bersama rajaslotjp88.com
roma88 permainan paling top dan garansi imbal balik hasil besar bersama roma88.asia
salju888 permainan paling top dan garansi imbal balik hasil besar bersama salju888.asia
semutwin88 permainan paling top dan garansi imbal balik hasil besar bersama semutwin88.info
king slot.com permainan paling top dan garansi imbal balik hasil besar bersama kingselot.com
sultan777 permainan paling top dan garansi imbal balik hasil besar bersama sultan777.asia
sultan888 permainan paling top dan garansi imbal balik hasil besar bersama sultan888.asia
sultan99 permainan paling top dan garansi imbal balik hasil besar bersama sultan99.asia
super333 permainan paling top dan garansi imbal balik hasil besar bersama super333.live
suster12 permainan paling top dan garansi imbal balik hasil besar bersama suster12.com
tokekwin88 permainan paling top dan garansi imbal balik hasil besar bersama tokekwin88.info
tokyo777 permainan paling top dan garansi imbal balik hasil besar bersama tokyo777.info
tumi88 permainan paling top dan garansi imbal balik hasil besar bersama tumi88.live
vioslot88 permainan paling top dan garansi imbal balik hasil besar bersama vioslot88.asia
dora777 permainan paling top dan garansi imbal balik hasil besar bersama dora777.asia
dp88 permainan paling top dan garansi imbal balik hasil besar bersama dp88.biz
fila888 permainan paling top dan garansi imbal balik hasil besar bersama fila888.org
gaco888slot permainan paling top dan garansi imbal balik hasil besar bersama gaco888slot.com
gadunslot88 permainan paling top dan garansi imbal balik hasil besar bersama gadunslot88.asia
gagah88 permainan paling top dan garansi imbal balik hasil besar bersama gagah88.info
gaskan888 permainan paling top dan garansi imbal balik hasil besar bersama gaskan888.biz
gatotkaca88 permainan paling top dan garansi imbal balik hasil besar bersama gatotkaca88.info
gemoy888 permainan paling top dan garansi imbal balik hasil besar bersama gemoy888.biz
gemoy888slot permainan paling top dan garansi imbal balik hasil besar bersama gemoy888slot.info
gocap888 permainan paling top dan garansi imbal balik hasil besar bersama gocap888.net
god777 permainan paling top dan garansi imbal balik hasil besar bersama god777.biz
hari888 permainan paling top dan garansi imbal balik hasil besar bersama hari888.biz
hermes88 permainan paling top dan garansi imbal balik hasil besar bersama hermes88.biz
holywin999 permainan paling top dan garansi imbal balik hasil besar bersama holywin999.com
indojaya88 permainan paling top dan garansi imbal balik hasil besar bersama indojaya88.org
indomaster88 permainan paling top dan garansi imbal balik hasil besar bersama indomaster88.asia
jablay88slot permainan paling top dan garansi imbal balik hasil besar bersama jablay88slot.net
janjigacor88 permainan paling top dan garansi imbal balik hasil besar bersama janjigacor88.net
jeniustoto88 permainan paling top dan garansi imbal balik hasil besar bersama jeniustoto88.com
jeniustoto88slot permainan paling top dan garansi imbal balik hasil besar bersama jeniustoto88slot.com
juara88 permainan paling top dan garansi imbal balik hasil besar bersama juara88.info
juara88slot permainan paling top dan garansi imbal balik hasil besar bersama juara88slot.org
jwtogel88 permainan paling top dan garansi imbal balik hasil besar bersama jwtogel88.net
kasih88 permainan paling top dan garansi imbal balik hasil besar bersama kasih88.info
kawantogel88 permainan paling top dan garansi imbal balik hasil besar bersama kawantogel88.com
kawantogel88 permainan paling top dan garansi imbal balik hasil besar bersama kawantogel88.net
kedai88 permainan paling top dan garansi imbal balik hasil besar bersama kedai88.asia
king9999 permainan paling top dan garansi imbal balik hasil besar bersama king9999.org
kkslot88 permainan paling top dan garansi imbal balik hasil besar bersama kkslot88.info
kongsi888 permainan paling top dan garansi imbal balik hasil besar bersama kongsi888.com
kutu88slot permainan paling top dan garansi imbal balik hasil besar bersama kutu88slot.com
liga899 permainan paling top dan garansi imbal balik hasil besar bersama liga899.org
lisboa777slot permainan paling top dan garansi imbal balik hasil besar bersama lisboa777slot.com
