Woman traveling for business and paying by card at the hotel

With the high-value bonus on the Chase Sapphire Preferred® Card — providing new cardholders with 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening — you might be wondering: Am I eligible?

If you currently have its premium sibling, the Chase Sapphire Reserve®, you may think the answer is complicated. But rest assured, even if you have the Sapphire Reserve, you’re still likely eligible for the Sapphire Preferred bonus. Here’s what you should know.

Am I Eligible for the Sapphire Preferred Bonus If I Have the Sapphire Reserve?

Here’s the main idea: as long as you’ve never previously held or earned a bonus on your own Sapphire Preferred, you’re likely eligible for the current bonus — even if you’re a current or former Sapphire Reserve cardholder.

Smiling woman holding credit card using laptop lying on sofa in living room at home

What about authorized users? As long as you haven’t been the primary cardholder on a Sapphire Preferred account, you’re still likely eligible to receive your own Sapphire Preferred — and its 100,000-point bonus, worth $2,050 in travel according to TPG’s June 2026 valuations.

What Are the Chase Sapphire Eligibility Rules?

Here are the additional rules to keep in mind before applying for the Sapphire Preferred bonus:

  • Always factor in the Chase 5/24 rule. An applicant who has opened five or more new credit cards from any issuer in the past 24 months will more than likely be declined for any new Chase card, including the Sapphire Preferred. However, Chase doesn’t typically factor business cards into this count.
  • You cannot have an open Sapphire Preferred card.
  • You’re unlikely to earn another Sapphire Preferred bonus if you’ve already earned a bonus on the Sapphire Preferred, even if you don’t currently hold the card.
  • If you’ve previously been the primary cardholder on a Sapphire Preferred account, you may not be eligible for this bonus, even if you didn’t earn a bonus the first time.
  • If you’ve only been a Sapphire Preferred authorized user and have never held your own Sapphire Preferred, you’re likely eligible for your own Sapphire Preferred.
  • You’ll need an adequate credit history, and a credit score of at least 670 is recommended to qualify.

If you meet these criteria, the current 100,000-point offer represents one of the strongest signup bonuses the Sapphire Preferred has ever carried, making it well worth checking your eligibility before applying.