How to Get the Chase Sapphire Preferred Welcome Bonus AGAIN!
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We used Chase points to book an anniversary vacay at the Grand Hyatt Kauai! Photo Cred: TripAdvisor
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So, you've already scored the Chase Sapphire Preferred® Card (CSP) welcome bonus before, but now there's a shiny new, can't-miss offer staring you in the face. You're thinking, "Ugh, if only I could get it again!"
Well, good news—you can! 🎉
If it's been at least 48 months since you last earned the welcome bonus, Chase will actually let you get it again.
Let’s break down exactly how you can do this and why it’s 10000% worth considering.
Why You’d Want to Do This
Look, the Chase Sapphire Preferred isn’t just any travel card—it’s the travel card that gets people hooked on the points-and-miles game. Here’s why getting it again (and again) could be a game-changer for your points & miles strategy:
Massive Welcome Bonus: Chase frequently offers ~60,000 points after hitting the minimum spend. That’s easily worth $750+ in travel through Chase’s travel portal—and even more when transferred to airline and hotel partners.
1:1 Point Transfers to Our Favorite Partners: CSP points can be sent directly to top travel partners like Hyatt and Southwest (our favorite go-to travel partners for outsized value). Those two transfer partners alone make Chase points hoard-worthy.
No-Foreign-Transaction Fees: Because nothing ruins a vacation faster than realizing your bank is sneakily charging you every time you buy gelato in Italy. 🍨🇮🇹
Strong Travel Protections: Trip delay, rental car insurance, baggage delay coverage—basically, CSP has your back if your travel plans go sideways.
The Step-by-Step Guide to Getting the CSP Bonus Again
If you’re eligible (meaning 48 months have passed since you last got the bonus), here’s how you can make it happen:
1️⃣ Downgrade Your Current Sapphire Card
You can’t have two Sapphire cards at once, so if you still have the Chase Sapphire Preferred (or the higher-tier Chase Sapphire Reserve), you’ll need to downgrade it first. Call Chase and ask to product change your CSP to a Chase Freedom Unlimited or Chase Freedom Flex.
Why downgrade instead of cancel? Downgrading keeps your credit history intact, which helps your credit score. Plus, Freedom cards are great for earning extra points!
2️⃣ Wait 2-4 Weeks (Yes, Patience is Required)
After downgrading, you need to wait at least a couple of weeks before reapplying for the Sapphire Preferred. Why? Because Chase’s system needs time to register that you no longer have a Sapphire card. If you apply too soon, you’ll get auto-denied faster than someone trying to board with an expired passport.
3️⃣ Reapply for the Chase Sapphire Preferred
Once you've waited long enough, go ahead and submit your application. If approved, meet the minimum spending requirement (usually $4,000 in the first 3 months), and boom—you’ll get another juicy welcome bonus!
We LOVED our stay at Andaz Papagayo. The best part? It was entirely booked using Chase points!
FAQs About This Process
1. How do I check when I last got the CSP bonus?
Log into your Chase account, find your Sapphire Preferred card’s opening date, and scroll through your points history to see when you earned the welcome bonus. Or call Chase and ask—it’s literally their job to tell you these things.
2. What if I downgraded my CSP years ago?
If you no longer have the CSP and 48 months have passed since your last welcome bonus, you can apply right now without needing to downgrade anything! Go, go, go!!! 🏃♂️🏃♀️💨
3. Can I just cancel instead of downgrading?
You could, but it’s not ideal. Canceling reduces your total available credit, which could ding your credit score. Plus, a Freedom card is a great backup for earning extra Chase points!
4. What happens to my Chase points when I downgrade?
Good news: your Chase points are safe! 😮💨 They’ll just be chilling in your account. However, during the time you're holding a Freedom card (and don’t have an active Sapphire card), you won’t be able to transfer those points directly to travel partners like Hyatt or United.
If you’re not planning any big bookings right away, this won’t be a problem—just reapply for the Sapphire Preferred, and once you’re approved, you’ll be able to move your points back to your new card and use your points like normal.
BUT—if you are planning a trip soon, it’s smart to either (a) transfer the points to your airline/hotel partner and lock in your booking before you downgrade, or (b) if you have a "Player Two" (aka spouse, partner, or roommate with their own Sapphire card—not just an authorized user), you can move your points to their card to keep your travel transfer options wide open.
5. Does this work for the Chase Sapphire Reserve (CSR) too?
Yes! The same 48-month rule applies to the CSR. However, most people go for the CSP since it has a lower annual fee ($95 vs. $550) and still transfers points to travel partners.
Bottom Line
If you’ve been eyeing a new Chase Sapphire Preferred bonus but thought you were out of luck—surprise! 🎉 You can absolutely get it again as long as it’s been 48 months. Just follow these steps, and soon, you’ll be on your way to another stash of points for free flights and fancy hotel stays.
And honestly, if Chase is giving you a second chance to earn a boatload of points, why wouldn’t you take it?
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All information about Chase Sapphire Preferred® Credit Card has been collected independently by Parks on Recreation. The card details on this page have not been reviewed or provided by the card issuer.
Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post.