Unlock the Chase Sapphire Reserves 100K Bonus: Are You Eligible?

The Chase Sapphire Reserve® has undergone a significant refresh, making it one of the most sought-after premium travel credit cards on the market. With a host of new benefits and an updated fee structure, it’s essential to understand what’s changed and how you can take advantage of its lucrative welcome bonus.

As of June, the annual fee for the Sapphire Reserve has increased from $550 to $795. While this may seem steep, the card now offers multiple statement credits and automatic elite status, which can help offset the higher fee. Plus, cardholders will earn Chase Ultimate Rewards points, a highly valuable and flexible currency for travelers.

Currently, new applicants can earn a whopping 100,000 bonus points and a $500 Chase Travel℠ credit after spending $5,000 within the first three months of account opening. This offer is time-sensitive, so if you’re considering applying, now is the time to act. According to TPG’s August 2025 valuations, this bonus could be worth up to $2,550, including the Chase Travel credit.

To determine your eligibility for this enticing welcome bonus, here’s what you need to know:

Chase has recently updated its bonus eligibility rules. Previously, applicants could only earn a Sapphire welcome bonus once every 48 months. However, the new guidelines extend that timeframe, making it more challenging for those who have previously received a bonus on either the Sapphire Reserve or the Sapphire Preferred® Card to qualify again.

A Chase representative confirmed that you can hold both the Sapphire Reserve and the Sapphire Preferred simultaneously. However, if you’ve already received a welcome bonus on either card, you will not be eligible for another bonus on that same card. For instance, if you currently have the Sapphire Preferred and have never had the Sapphire Reserve, you could apply for the Reserve but would likely not qualify for the bonus.

It’s also important to note that if you’ve held the Sapphire Reserve in the past and earned a welcome bonus, you won’t be eligible for another bonus, even if you downgrade your card. The same restriction applies to the Sapphire Preferred.

When applying for the Sapphire Reserve, a pop-up tool will indicate whether you qualify for the welcome bonus before you submit your application. This is the best way to confirm your eligibility. If you find that you are not eligible, you can still proceed with the application without the bonus.

Chase is known for its 5/24 rule, which states that you cannot have opened five or more credit cards in the past 24 months across all banks and issuers. This rule includes accounts where you are an authorized user. However, many business cards do not count toward your 5/24 standing. To be approved for the Sapphire Reserve and qualify for the welcome bonus, you must be under this limit.

If you have multiple Chase credit cards, you may have reached your maximum total available credit limit, which could lead to a declined application. If this occurs, you can contact the Chase reconsideration line at 1-888-270-2127 to request a transfer of your credit limit from another Chase card to improve your chances of approval.

In a significant change, you can now hold both the Sapphire Reserve and Sapphire Preferred at the same time. However, be aware that if you have previously earned a welcome bonus on either card, you will not be eligible for another bonus due to the new restrictions. You can also choose to upgrade or downgrade between Sapphire products as needed.

The current offer on the revamped Chase Sapphire Reserve is exceptional, but it won’t last forever. With the potential to earn up to $2,550 in value, this card is a top contender for anyone seeking a premium travel credit card with outstanding rewards and benefits.

As you navigate the application process, pay attention to any pop-up notifications that may indicate your eligibility for the welcome bonus. If you’re ready to take the plunge, apply now for the Sapphire Reserve to secure your chance at 100,000 bonus points and a $500 Chase Travel credit after meeting the spending requirement.

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