Today will likely go down in history in the points-and-miles world! Three new offers + one brand new card just dropped. 🤯 In this post, we’ll break down all of the offers, compare them, give our takes, then share each of our strategies for these offers! By the end, you’ll have a better idea of which ones to apply for and which ones to skip. 

 

Overall Changes to Keep in Mind as You Review These Offers

• You can now hold both the card_name and the card_name, and you may be eligible to earn the welcome offers on both. 

• Chase is moving towards a pop-up model (similar to American Express) when it comes to eligibility. When you click “submit” on an application, Chase will do an internal check to see if you are eligible for the welcome offer before a soft or hard pull takes place.  You can then decide whether you want to move forward based on the message you receive.
  • This means you may not be eligible for the card_name or the card_name if you’ve held them before.
• Points Boost will be replacing the current 1.25 cents/point value (for the Chase Sapphire Preferred® Card) and 1.5 cents/point value (for the Chase Sapphire Reserve®) when redeeming points through Chase Travel℠.
  • The Chase Sapphire Preferred® Card will now offer a variable 1.0-1.75 cents/point value when redeemed through Chase Travel℠. 
  • The Chase Sapphire Reserve® will now offer a variable 1.0-2.0 cents/point value when redeemed through Chase Travel℠.

 

card_name

 

Learn How to Apply
bonus_miles_full
 

This is the one we’re most excited about! It’s a brand new card, and because it’s a business card, it won’t count towards 5/24. You might see the $795 annual fee and freak out . . . and we don’t blame you! It does come with a lot of perks that offset that fee, though. The minimum spend is also quite high and won’t make sense for everyone (but note that you do have six months to meet it which is twice the amount of time given for similar premium cards with high minimum-spending requirements). 

The welcome offer on this card makes the fee absolutely worth it for the first year for us. After that, we’ll decide whether we want to keep, downgrade, or close the card. 

Think you don’t qualify for a business card? Think again! In that post, we cover exactly how easy it is (and there’s even a video application walkthrough at the end)!

Our Take:

• Who it’s for—
  • Business owners who can meet the minimum spend (even if you don’t have a ton of revenue or employees)
  • Those under 5/24
  • Those who want complimentary access to Chase Sapphire Lounges and Priority Pass lounges (+ 2 free guests!)
  • Those who want to take advantage of a brand new card + incredible welcome offer!
• Who it’s not for—
  • Those at or over 5/24
  • Those who cannot justify a $795 annual fee/cannot offset the fee with the credits and perks
  • Those who cannot spend $30,000 in six months

 

 

card_name 

 

Learn How to Apply
bonus_miles_full
 

This card was just revamped! Yes, the annual fee increased from $550 to $795. But Chase also added a slew of new credits and benefits (including a $500 credit that you can redeem for a one-time purchase in the Chase Travel℠ portal). As busy moms, we understand that redeeming credits can be annoying and time-consuming, so this offer may not be appealing to everyone. But combined with the elevated welcome offer, it could make sense at least for the first year. Unlike the business version, the personal card will count towards 5/24. 

Unfortunately, Chase is moving towards a pop-up model (similar to American Express) when it comes to eligibility for card_name. That means if you’ve previously earned the welcome offer, you may not be eligible to receive another one (even if it’s been more than 48 months). You can also apply for both the personal and business versions, though we advise waiting at least 30 days between applications.

The offer details state, “This credit card is unavailable to you if you currently have one open. The new cardmember bonus may not be available to you if you currently have any other personal Sapphire cards open, previously held this card or received a new cardmember bonus for this card. We may also consider the number of cards you have opened and closed, as well as other factors in determining your bonus eligibility.”

Our Take:

• Who it’s for—
  • Those who are ok adding to their 5/24 count
  • Those who want complimentary access to Chase Sapphire Lounges and Priority Pass lounges (+ 2 free guests!)
  • Those who want to take advantage of a refreshed card + elevated welcome offer!
• Who it’s not for—
  • Those at or over 5/24
  • Those who cannot justify a $795 annual fee/cannot offset the fee with the credits and perks

 

 

 

card_name

 

Learn How to Apply
bonus_miles_full
 

The #1 card we recommend is also back with a new offer! If you’re looking for a card with a much lower annual fee, this could be the offer for you. This is a personal card and will count towards 5/24. 

Unfortunately, Chase is moving towards a pop-up model (similar to American Express) when it comes to eligibility for card_name. That means if you’ve previously earned the welcome offer, you may not be eligible to receive another one (even if it’s been more than 48 months).

The offer details state, “This credit card is unavailable to you if you currently have one open. The new cardmember bonus may not be available to you if you currently have any other personal Sapphire cards open, previously held this card or received a new cardmember bonus for this card. We may also consider the number of cards you have opened and closed, as well as other factors in determining your bonus eligibility.”

Our Take:

• Who it’s for—
  • Those under 5/24
  • Those who prefer a lower annual fee
• Who it’s not for—
  • Those at or over 5/24
  • Those who want complimentary access to Chase Sapphire Lounges and Priority Pass lounges

 

 

 
card_name

 

Learn How to Apply
bonus_miles_full
 

While this card doesn’t earn the flexible points and miles we love, it’s a great offer for anyone who has had their eye on United miles or lives in a United hub. Ted has had this card since it first launched, and it’s been a keeper for us thanks to the United travel credits, free checked bags, priority boarding, and increased award availability/discounts for cardholders. 

This is a personal card and will count towards 5/24. 

• Who it’s for—
  • Those under 5/24
  • Those who are loyal to United/live in a United hub
  • Those who have a plan for a stash of United miles
• Who it’s not for—
  • Those at or over 5/24
  • Those who do not want to be stuck with United miles (that can only be redeemed for flights through United)

 

Team Travel Mom Squad’s Plan

• Alex
  • Alex is 4/24, so she’ll be applying for the card_name.
• Pam
  • Pam will be applying for the card_name this week!
  • She’s going to wait at least 30 days, then apply for the card_name (she’s never had it).
• Jess
  • Jess falls under 5/24 on July 1, so she’ll be applying for the card_name then.
  • She has previously earned the welcome offers on both the card_name and the card_name, so she may not be eligible to earn them again, but she’s going to try! She will wait at least 30 days between applications, but isn’t sure yet which personal card option she’ll go for between the Preferred and Reserve.
• Megan
  • The minimum spend on the New Sapphire Reserve for Business card is a stretch, so she’ll be applying for the card_name.
• Traci
  • Traci is 3/24, so she’ll be applying for the card_name and adding her Player Two as an authorized user so they have two cards available to use for purchases, which will help them meet the minimum spend more easily.
  • She has a card_name right now, and it’s been 49 months since she earned the bonus points from the welcome offer, so Traci is going to wait and gather data points about how likely approval is if she were to downgrade this card and then reapply.

 

Related Posts

How to Qualify for a Business Credit Card

Chase 5/24 Rule Plus 10 Other Things to Know

Should I Cancel My Credit Card?

It Can Be Worth it to Pay an Annual Fee