What To Do If You Don’t Qualify For The Sapphire Preferred 100,000 Point Offer

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Chase has increased the initial offer for the Chase Sapphire Preferred® Card to 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This is one of the best card deals I’ve ever seen.

If you are over ‘5/24’ you aren’t likely to get a Chase card. Chase generally won’t approve new cardmembers who have had five or more new card accounts opened in the past 24 months.

But many people don’t qualify for the big Chase Sapphire Preferred® Card offer because they already have a Sapphire Preferred or Reserve, or got a bonus for one of those cards in the past 48 months.

If that’s the case for you, consider a Chase Ink card. These are small business cards that offer the same Ultimate Rewards points. Having a Sapphire Preferred or Reserve doesn’t prevent you from being eligible for these. And Chase business cards generally don’t add to your 5/24 total (while a new Chase Sapphire Preferred® Card would).

  • Ink Business Preferred℠ Credit Card has a 100,000 point signup bonus after $15,000 spend within 3 months. That can even be enough for a roundtrip business class award ticket between the US and Europe.

    It earns 3 points per dollar on the first $150,000 spent each year on travel — that’s airlines, hotels, rental cars, tolls, even Uber — and shipping and advertising on social media and search engines, so great for anyone who advertises on Facebook or Twitter, or who spends money advertising with Google. It also comes with $600 protection against theft or damage when you use it to pay your cell phone.

    These points transfer to airline miles and hotel points, like Sapphire Preferred and Reserve do.

  • The Ink Business Unlimited® Credit Card has an initial bonus offer to earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.

    Your ongoing spend will earn unlimited 1.5% cash back on every purchase made for your business. if you already have a Sapphire Reserve or Preferred – or an Ink Business Preferred – you can transfer these points into that account and on to airline miles or hotel points.

  • The Ink Business Cash® Credit Card has an offer to earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.

    Ongoing earn is rich especially 5x categories: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; earn 1% cash back on all other card purchases with no limit to the amount you can earn.

Getting a small business card is one of the things you should do as you start your business. It’s often the first resource many business owners look to as they start to grow. A small business card allows you to separate business from personal expenses and builds the credit history and identity of your business. Several readers have reported better luck with approvals recently with brand new businesses, compared to last year when most of the reports I received were that Chase wanted only more established businesses.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. Thanks Gary.
    I’m tempted to downgrade my reserve and then apply for a preferred. However, I have a couple of upcoming trips I’ve paid with using the reserve, partly for the travel benefit insurance, etc. What happens to my trips if I do that?

  2. Thanks Gary for the info on the Ink Card. question:
    I have the Chase Sapphire Reserve and I paid $75 for my husband to be an additional card holder 4 years ago. Can he apply for the preferred card for the 100k bonus? Chase said yes, but I wanted to make sure to tap your expertise, as I don’t trust the reps since they have given me misinformation before. We will be charging a Several international trips, so I don’t want to downgrade my Reserve card. We already have an ink card.
    BTW-you were great along w/Brett on Wendy Perrin’s zoom chat several months ago!

  3. @SC – Having an authorized user card (now or in the past) doesn’t prevent applying for the card now. And it definitely doesn’t prevent applying for a different card. No problem!

    And thanks 🙂

  4. Any word on how long this 100k bonus will last?

    Waiting for my wife to be 48 months since last card bonus. Statement date where that bonus appeared was August 7, so we think we need to wait to apply until after that date.

    please confirm my thinking


  5. @Gina

    I went thru the exact thing. Chase Insurance assured me their coverage is based on the card used for the booking. If you downgrade the Reserve, it won’t nullify Chase’s coverage.

  6. Question – spouse applied for the Reserve when it first came out and we paid the fee for me to be an AU. We also have a very old jointly held (yes, THAT old) plain old Chase Sapphire Card that wasn’t an issue when the Reserve came out. Because of the age of the card and the fact that ourkids are AU’s which helps their credit scores, we don’t want to dump that one. I’d like to apply for the Preferred due to the amazing signup bonus. Does holding the old no fee Sapphire prevent me from doing that?


  7. So I ended up answering my own question. I read the terms and realized that my no fee Sapphire did indeed count as making me ineligible for the Preferred. So I called and product changed my old Sapphire to a Freedom Unlimited which will be more useful anyhow. Then I applied for the Preferred and was immediately declined! Having never been declined for a card in my life, I called the recon line. The helpful rep told me that I needed to wait 30 days after either a product change or cancellation and then I could reapply. She also told me that the system checked first for things like this so it didn’t do a credit pull after seeing I was ineligble. I now have a reminder on my calendar to try again next month and hope the 100k offer is still there. Just thought I’d share in case this was useful info for others.

  8. Gary, I think like Lynn and Gina above there may be a number of us who currently hold a Sapphire Preferred card and would like to take advantage of a Reserve card offer when a good one comes up. I’m eligible under both 5/24 and the 48 month rule. It would be really helpful, if you could spell out a procedure for doing this. It sounds like Lynn’s strategy of downgrading to a Freedom card, waiting 30 days, and then upgrading will work according to Chase but I’ve been given incorrect information so many times by reps that I’m leery of whether they will actually do it.

    Maybe a full article on this?

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