In the event you’ve been eager 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’s the most effective time to take action.
That is as a result of that is your final likelihood 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 likelihood: Earn 100,000 bonus factors with the Chase Sapphire Most well-liked for a restricted time. This supply ends on Could 15.
Earlier than you apply, although, it’s best to be sure to’re eligible for this supply. 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 is just not obtainable 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 implies that you are within the clear to use for the cardboard and obtain the welcome bonus for those who’ve by no means held the Chase Sapphire Most well-liked or Chase Sapphire Reserve® (see charges and costs).
Nonetheless, issues get slightly extra sophisticated for those who at present have the Sapphire Most well-liked or Reserve — or for those who’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.
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So, for those who’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 remember the fact that 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’t apply for this card or obtain the bonus.
The data 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 might want to get the Chase Sapphire Most well-liked card?
Chase’s 5/24 rule
One thing else to contemplate when eager about whether or not to use for the Sapphire Most well-liked is Chase’s 5/24 rule.
Even for those who meet the above necessities, Chase Sapphire Most well-liked bonus guidelines require you to nonetheless fall underneath Chase’s notorious — although unpublished — 5/24 rule.
In the event you’ve opened 5 or extra new private bank card accounts (together with licensed consumer accounts and some enterprise accounts) throughout all issuers up to now two years, Chase is nearly actually going to disclaim your software.
You possibly can attempt calling Chase to see in the event that they’re prepared to not maintain licensed consumer accounts in opposition to your most of 5 new accounts within the final two years for those who get denied for a brand new Chase card; nonetheless, be aware that this does not imply you may get an computerized approval.
Associated: Find out how to calculate your 5/24 standing
Shifting credit score strains
There’s one ultimate be aware concerning Sapphire Most well-liked purposes. In the event you at present have a number of Chase bank cards with massive credit score limits, there’s an opportunity you’ve got 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 an alternative, your software will go into “pending” standing.
You might await Chase to decide, however you is perhaps higher off calling the reconsideration line. You might proactively supply to maneuver credit score strains from an present card to the Sapphire Most well-liked, which may also help the agent push your software by means of.
Backside line
The present Chase Sapphire Most well-liked limited-time welcome bonus of 100,000 Chase Final Rewards could be very beneficial, so those that are eligible ought to contemplate making use of, particularly since that is your final likelihood to earn it. This supply ends on Could 15.
In the event you’ve had your eye on the Sapphire Reserve, you would apply for the Sapphire Most well-liked now to earn the upper welcome bonus. Then you would request to improve to the Sapphire Reserve after a 12 months to entry elevated journey perks.
To study 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
