Chase Sapphire Card Update: 2 Cards, Pop-Up Jail?

Chase has announced a significant change to its Sapphire card policy, allowing cardholders to possess both the Chase Sapphire Reserve and the Chase Sapphire Preferred simultaneously. This is a departure from the previous rule that restricted cardholders to only one card from the Sapphire family. This policy shift offers a key benefit: the ability to earn two Sapphire bonuses, previously limited to once every 48 months. Chase has indicated that the eligibility timeframe for these bonuses will be extended beyond 48 months, moving away from the previous “family of cards” restriction. However, the details surrounding this new eligibility period are still unclear. Adding to this update, Chase hinted at the implementation of a “pop-up jail” system, similar to American Express's approach. This system will warn applicants who are ineligible for a welcome bonus, offering them the option to continue or cancel their application without impacting their credit score. This new system's relationship to the existing Chase 5/24 rule remains uncertain. The “pop-up jail” has been observed in some co-branded card applications, such as Marriott Bonvoy cards. While the specifics of Chase's new Sapphire card bonus eligibility remain undisclosed, speculation suggests that earning a bonus on one card (e.g., Reserve) might preclude earning a bonus on the other (e.g., Preferred). This mirrors Amex's “family rule” for bonus eligibility, but this is only speculation at this point. The overall impact on cardholders is positive, offering increased flexibility and potential bonus earning opportunities, but the specifics of the new eligibility rules will require further clarification from Chase.

(Source: https://dannydealguru.com/hold-2-sapphire-cards-pop-up-jail/)