Whether you’re an authorized user on a Chase Sapphire Preferred® Card or considering applying for your own, understanding eligibility is crucial. While being an authorized user doesn’t automatically disqualify you, several rules determine whether you can earn the lucrative welcome bonus—currently 75,000 points after $5,000 in spending within three months, potentially worth up to $1,538 in travel rewards.
Why This Matters: Credit Card Strategies
Credit card rewards are a key financial tool for many consumers. Maximizing bonuses and leveraging perks requires careful planning. Understanding Chase’s rules, especially the infamous 5/24 rule, is essential for successful applications.
Eligibility: The Short Answer
Yes, you can apply for your own Chase Sapphire Preferred even if you’re an authorized user on someone else’s card. The primary cardholder holds the credit line, meaning you don’t technically “have” the card in the issuer’s eyes, making you eligible. You don’t need to remove yourself as an authorized user either; doing so might impact your credit age.
However, eligibility for the bonus is a different matter. Chase’s rules are nuanced, so let’s break them down.
Key Restrictions
Two main rules dictate whether you’ll qualify for the welcome offer:
- The 5/24 Rule: If you’ve opened five or more personal credit cards in the last 24 months, Chase will likely deny your application. Authorized user cards do count toward this limit if opened recently. Calling the reconsideration line might help, but approval isn’t guaranteed.
- The Sapphire Family Rule: Chase restricts stacking welcome bonuses. If you’ve previously earned a bonus on the Sapphire Preferred or currently hold another Sapphire card (like the Reserve®) as a primary cardholder, you’re likely ineligible. This restriction doesn’t apply if you’ve only ever been an authorized user.
Checking Eligibility
To avoid wasted applications, use Chase’s eligibility pop-up during the application process. It checks your bonus history and current holdings without affecting your credit score. A credit score of 670 or higher also improves your approval odds.
Bottom Line: The Conditions for Success
You’re likely eligible for the Chase Sapphire Preferred’s bonus if you:
- Are under the 5/24 limit
- Have a credit score of 670 or above
- Don’t currently hold another Sapphire card
- Haven’t previously earned the Sapphire Preferred bonus
Navigating these rules requires careful planning, but maximizing your rewards is worth the effort.
