Credit Cards

Chase Follows Citi In Limiting Customers On The Popular Sapphire Cards

upgrade to the Chase Sapphire Reserve
Written by Charlie

Chase has made a move in limiting customers when it comes to their popular Sapphire cards and the bonuses that go with them. Find out what this move means.

It is something I am really not surprised to see – a locking down on the very popular Chase Sapphire products and bonuses. Doctor of Credit reported earlier this week that a memo went out within Chase that they would no longer issue bonuses to members on a new Sapphire product when they already hold one or had a bonus from one. Here are the details.

Chase Limits Customers with the Sapphire Cards

We normally see it in the loyalty world – one company makes a move and then the other competitors follow soon after. Now, we have Chase following in the steps of Citi by grouping their mainstream cards into one lump limitation for customers. Here are the terms on the applications (this is found on all Chase Sapphire Preferred and Reserve applications):

This product is available to you if you do not have any Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 24 months.”

How It Used To Be

Before this week, if you had a Chase Sapphire Preferred and had opened it even in the last few months, you would be eligible to apply for the Chase Sapphire Reserve and get that sign-up bonus as well. They were counted as two different products.

One Example

What many people have done, if they didn’t want to keep the Reserve, was to product change their Reserve (downgrade) to the Preferred. This allowed them to continue earning and transferring valuable Ultimate Reward points as well as reap the benefits of the Preferred card but not have the annual fee. Then, if they wanted, they could go ahead and apply for another Chase Sapphire Reserve 24 months after they had received the bonus on it and do it again.

What Changed

What has changed that is if you now hold a Chase Sapphire product, you will not be allowed to apply for a different Sapphire product. In fact, you are ineligible to get the card (and the bonus) if you have had a bonus from any Sapphire product in the previous 24 months.

Basically, it is like the rules with all Chase cards when it comes to getting a new bonus but they have lumped both valuable Chase Sapphire products together to limit cardmembers from duplicating bonuses.

How Does This Follow Citi and Why Would Chase Do It?

Citi had implemented something like this last year where they combined cards in a product family to prevent people from getting the bonus on a different card in the same family. Obviously, Chase liked how that looked and worked and decided to put it into play with their own branded cards.

The timing of this is no surprise either. Last week was the 1 year anniversary of the launch of the Chase Sapphire Reserve. There will be many people that will downgrade that card and some will even cancel it outright. By putting this new limitation in place, they have effectively prevented all of those customers from just closing it out and getting a Chase Sapphire Preferred now.

Takeaway

For many of us, this will likely not have any immediate effect. The Chase Sapphire Reserve is a keeper in the eyes of many and it is redundant to hold both Sapphire products. But, if you had been planning on getting a new Sapphire Preferred soon, now you will have a choice to make.

What bothers me the most is that this have a big negative effect on those people who may have recently closed a Sapphire card. Now, they will not be able to get that card again – never mind the bonus. I cannot imagine not having a Sapphire product, thanks to the benefits of the card itself and its award earning potential.

Being shut out from getting one if you don’t have one now but you did get the bonus in the last 24 months sure is a big shame.

Some of the links on Running with Miles are affiliate links that pay a commission if a purchase is made. Running with Miles is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

About the author

Charlie

Charlie has been an avid traveler and runner for many years. He has run in marathons around the world for less than it would cost to travel to the next town - all as a result of collecting and using miles and points. Over the years, he has flown hundreds of thousands of miles and collected millions of miles and points.
Now he uses this experience and knowledge to help others through Running with Miles.

7 Comments

  • grand ménage, service de femme de ménage
    Professionnelle de l’entretien, notre dyunamique entreprise saura réaliser pour vous l’ensemble
    des travaux ménagers.
    G.E.M. s’engage sur une prestation de qualité !
    grand ménage
    Notre équipe de spécialistes chevronnés accomplira un travail à la fois soigné, rapide ett économique.

    De plus, nous utilisons exclysivement des produits
    écologiques et hautement performants, issus ddes toutes dernières
    technologies.
    La vie moderne véhicule aussi de lourdes menaces.
    D’apparence inoffensive, meubles, appareils ménagers,matériaux de construction,
    jouets ou objjets familiers peuvent dégager des phtalates ou autres redoutables composés chimiques.

    entretien ménager résidentiel, graqnd ménage
    Franchise de Nettoyage Résidentiel et Commercial, service de femme de ménage ,entretien ménager commercial,entretien ménager commercial, ménage résidentiel, service d’entretien ménager montréal
    Nous aidons les personnes désireuses d’être propriétaires d’entreprises prospères à devenir des professionnels
    du nettoyage commercial et de la maintenance. En rejoignant notre réseau d’entreprises, vous
    bénéficierez d’un avantage concurrentiel ainsi que d’une aide apportée paar un modèle d’affaires éprouvé vokus assurant de
    travailler avec un leader du ddomaine disposant de
    l’expérience et la stabilité.
    Vous disiez augmentez vos revenus afin d’améliorer votr quotidien ?
    Faites Appel a G.E.M Ménage! service de femme dde ménage ,entretien ménager commercial,entretien ménager commercial, ménage résidentiel, service d’entretien ménager montréal, service de femme dde ménage ,entretien ménager commercial,entretien ménager commercial, ménage résidentiel, service d’entretien ménager montréal
    Franchises de Nettoyage Résidentiel et Commercial disponible Partout A Montréal ,Rive Nord et Rive Sud.

    Financement Sans Intérêt par G.E.M .
    Un dépôt est obligatoire

    Un Investissement de 24 000$ Vous Rapporte (4800$ et plus de Revenus par Mois)!

    Matériel et formation fourni

    Nous aidons les personnes désireuses d’être propriétaires d’entreprises prospères à devenir des professionnels du nettoyage
    commercial et dde la maintenance. En rejougnant notre réseau d’entreprises, vous
    bénéficierez d’un avantage concurrentiel ainsi que d’une aide apportée par un modèle d’affaires éprouvé vous assurant de travailler avec un leader du
    domaune disposant de l’expérience et la stabilité.

    G.E.M Ménage vous offre l’opportunité de travailler pendant laa
    journée de lundi a vendredi .

    G.E.M Vous propose des contrats d’entretien ménager avbec des horaires souples et un revenu garanti.

    Pour les personnes libres,les nouveaux arrivants ou les
    sans-emplois G.E.M peut favoriser votre accès au marché du traqvail !

    G.E.M vous propose des contrats stables et rémunérateurs!

    Dans le secteur résidentiel idéal pour un couple, ou un homme seul ddans le secteur commercial
    Vous débuter des maintenant

    Des techniques eet méthodes de travail éprouvées.

    Une aude à la constitution ou à l’enregistrement de leur entreprise.

    Dees territoires d’exercice protégés.
    Entreprise clés en main.
    Un garajtie qui protège votre investissement

    Exigences de l’entréede notre réseau :
    Les demandes soont examinées attentivement et une enquête
    relative à la candidature est menée.
    Les canndidats doivent pwsser une entrevue de sélection.
    Avant tout début d’activité, les candidats doivent assister
    à des sessions dde formation.

    Au G.E.M. nous nous assurons que nos franchisés puissent offrir à leurs clients un service professionnel d’une qualité supérieure à celle de la concurrence.

    Franchise disponible au résidentiel et commercial

    N’hésitez pas à nous contacter
    469 Jean-Taon Ouest Suite # 222
    Montreal QC
    gemmenage.net
    gemmenage.com

  • I think that is one of the such a lot vital info for me.

    And i’m glad reading your article. However want to commentary on few normal issues, The site style is ideal, the
    articles is in point of fact excellent : D. Excellent job, cheers

  • Excerllent items from you, man. I’ve remember your stuff prior to
    and you’re ssimply extremely wonderful. I really like what you’ve acquired
    right here, certainly like what you are stating and thee
    way wherein you say it. You arre making it enjoyable aand you continue to take
    care of to keep it smart. I cant wait to learn much more from you.
    This iss achtually a tremendous site.