What happened
Chase updated the eligibility requirements for the Chase Sapphire Reserve and Chase Sapphire Preferred cards, effective January 22, 2026. Previously, these cards were mutually exclusive for bonus eligibility. Under the new rules, holding or having held one Sapphire card does not disqualify a customer from receiving the welcome bonus on the other. This change effectively allows cardholders to stack both cards and collect both sign-up bonuses. The article notes that the cards are now viewed as distinct products for bonus eligibility purposes, though they remain mutually exclusive for current cardmembers (i.e., you can't have both open simultaneously and get both bonuses if you already have one). The current Chase Sapphire Reserve is offering a 150,000 point welcome bonus after $6,000 spend in 3 months