Chase Limits Customers to Just One Sapphire Card (Now Reversed)

If you already have a Chase Sapphire card and are itching to get another, we have bad news for you.

A policy spelled out in the issuer's Sapphire card agreements prevents cardholders from applying for multiple cards in the Chase Sapphire family. This includes the Chase Sapphire (which is no longer taking new applications), the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve®. Chase confirmed that the rule was implemented on Aug. 27, 2017. It mostly prevents cardholders from collecting multiple large sign-up bonuses.

In addition, the Sapphire cards are still subject to Chase's 5/24 rule, which makes it harder for people who have recently applied for several credit cards to get approved for one.

Here’s what the "One Sapphire Card" rule means for you:

If you have a Sapphire card: You can’t get another

You might want multiple Sapphire cards for the big sign-up bonuses, which you can move between your accounts and redeem from whichever offers the best point value. You won’t be able to do that — at least not with the Sapphire cards. However, you can still move points from the Chase Freedom®, Chase Freedom Flex® or Chase Freedom Unlimited® to your Sapphire card to get a higher redemption value.

If you already have multiple Sapphire cards: You Aren't affected

If you already have multiple Sapphire cards, you can continue using them. You just can't apply for more.

If you’re trying to upgrade or downgrade a Sapphire card: You won’t earn a welcome bonus

If you’ve had a change of heart — or a change of spending habits — and want to turn your Chase Sapphire Preferred® Card into a Chase Sapphire Reserve®, you might still be eligible to make the switch, but you won’t collect a sign-up bonus. Call Chase's customer service line if you want to change products.

If you’ve closed a Sapphire account recently: You might not qualify for a new card