Source: The Points Guy
Summary
The author, a former Chase Sapphire Preferred cardholder, was surprised to be approved for the card again, despite previously earning a bonus 15 years ago. The author thought they were ineligible due to Chase’s 5/24 rule, but after applying and being initially rejected, they called the lending department and were able to reallocate credit from another Chase card to get approved. The author is now eligible for the 100,000-point welcome bonus, the highest-ever offer on this card.
Our Reading
The escape is carefully planned.
The Chase Sapphire Preferred card offers a 100,000-point welcome bonus, the highest-ever offer on this card. The author, a former cardholder, was surprised to be approved again after 15 years. The card offers enhanced earning rates, a hotel credit, and 1:1 transfers to World of Hyatt account. The author will utilize the card’s benefits, including the hotel credit and transfers, to maximize their Ultimate Rewards points.
The trip promises a break from the usual 5/24 rule, but only if you’re willing to reallocate credit.
Author: Evan Null
