Can You Get the Chase Sapphire Preferred Bonus Twice?

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Yes, you can get the Chase Sapphire Preferred® Card bonus twice, but you must wait 48 months between each bonus.

You also can’t already have a Chase Sapphire Preferred® Card or  Chase Sapphire Reserve® when you apply for a new one.

You will need to cancel or downgrade the Sapphire card to a card such as the Chase Freedom Unlimited®.

It is important to remember that the 48-month rule applies to when you received the bonus, not when you applied for the card.

For example, if you opened a Sapphire Preferred card on January 1, 2020 and received a bonus on March 1, 2020, you would need to wait until about March 2, 2024, to get another Sapphire card.

But to be safe, I would wait an additional week or so, and make sure you either cancel or downgrade your Sapphire card before you apply.

Chase Sapphire Preferred Updated
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