Another Way To Avoid New Chase 48 Month Sapphire Rule
Chase dropped the hammer on credit card churners last week. They instilled a one bonus per 48 month rule for the Sapphire line of cards. Chase made the change because everyone who signed up for the 100K Chase Sapphire Reserve welcome offer has their 24 month clock expiring soon. They couldn’t afford to lose more money on their rewards program so they moved the goal posts.
Ways Around It
When the news broke it was reported that offers from referrals still had the 24 month language for the time being. There is second way around the 48 month language being reported on Reddit. Pre-qualified offers also have the old 24 month language. The Reddit user reported seeing it while on CardMatch when searching for a 100,000 point Amex Platinum Card offer.
I don’t expect these loopholes to last long. If you were planning on getting the Sapphire Reserve or Preferred and it has been 24 months since your last bonus act fast.