Why I Applied For The Chase Sapphire Preferred Even Though I Already Had The Chase Sapphire Reserve
Of course, big bonuses usually come with big spending requirements—and the Chase Sapphire Preferred® Card is no exception, with a welcome offer of 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. But fortune favors the bold, and as it turns out, my family had a sizable summer bill coming up and we had the cash ready to pay it off immediately. I also confirmed on my tracking sheet (what did you expect? I'm a credit card reporter!) that I was under 5/24—meaning I've been approved for less than five cards in the past 24 months—and thus eligible to apply for a new Chase card. So the timing was right.
However, there was one big barrier between me and llama nirvana. I already owned a Chase Sapphire Reserve®, which made me ineligible for the bonus—at least without a little maneuvering.
Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account ... More opening.
Chase Sapphire Preferred® Card - See Rates & Fees
Chase Sapphire cards only allow you to earn a welcome bonus on a card if you don't currently own a Sapphire card and if you haven't earned the welcome bonus on a Sapphire card within the previous 48 months. I applied for and received my Chase Sapphire Reserve card way back in February 2017. The card launched in 2016 with a then-groundbreaking 100,000-point welcome offer.
I was fairly new to points and miles at the time, and this was my first premium credit card. I had a lot of fun using that bonus (rewards history fans may fondly recall the Marriott/United packages that were a steal back then), and it got me hooked on the thrill of taking trips I would have otherwise not been able to do. Points and miles have made impossible travel dreams for me and my family possible by greatly reducing our out-of-pocket costs.
I know, I'm getting misty-eyed too, and you haven't even seen how cute my kids are on our adventures. The crucial point here is that I got my Chase Sapphire Reserve in 2017, so I was well past the 48-month threshold to be eligible for a bonus on a Sapphire card. That put the Sapphire Preferred's bonus one step closer within reach.
To completely qualify for the Sapphire Preferred, I also had to not be a Sapphire cardholder at the time of my application. Yes, that means it was time to say farewell to my trusty Reserve.
I can't lie, I had some feelings about it. It was a gateway card to a whole new world of opportunity for me. But in this case, change was necessary. I called Chase and asked to downgrade my Reserve to the no-annual-fee Chase Freedom Unlimited®. Boom! I was no longer a Sapphire cardholder (for the moment).
Downgrading kept my account number the same, but the card's rewards rates and other details were now those of the Freedom Unlimited. There was no hard credit pull and the new card is on its way in the mail, but in the meantime, I could just keep using the metal card that was formerly known as my Reserve card.
I waited a few days to make sure everything was switched over, and then I applied online for my new Chase Sapphire Preferred. And I'm pleased to report that I was approved! I've uploaded it to my Apple Wallet, and now I'm just waiting for the physical card in the mail.
It's important to know that while you can downgrade a card at any time by swapping it for an eligible one by the same issuer at a lower fee, you cannot upgrade to a card with a higher annual fee for a minimum of a year after getting the original card. Federal legislation known as the CARD Act of 2007 includes a provision that prohibits issuers from raising your annual fee on a card within the first year after opening your account.
This means if you really want the Sapphire Reserve but are thinking about going for the Sapphire Preferred for the bonus and then later upgrading, you'll have to wait a full year to do so.
If you already own a Sapphire card, but you've had it for over 48 months, you might be able to put yourself in an eligible position to apply for the current 100,000-point welcome offer on the Chase Sapphire Preferred. There are a few boxes to check off, but if you're under 5/24, this is a bonus worth going for.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author's alone and have not been provided, approved, or otherwise endorsed by our partners.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
an hour ago
- Business Wire
Bayer® Aspirin Introduces Aspirina to the U.S. Pain Market
WHIPPANY, N.J.--(BUSINESS WIRE)--Bayer's Aspirina, the #1 pain relief option in Mexico 1, is now available for purchase in the United States, bringing a well-known brand to the Hispanic community. With a deep commitment to Hispanic consumers, Aspirina is poised to provide an accessible and effective solution for pain relief. Bayer's Aspirina, the #1 pain relief option in Mexico, is now available for purchase in the United States, bringing a well-known brand to the Hispanic community. Share As the Hispanic population in the U.S. continues to grow, currently representing 19 percent of the population and projected to reach 28 percent by 2060, Bayer Aspirin recognizes the importance of connecting with this vibrant community. The Aspirina pain relief option resonates deeply with cultural values and family traditions of those from Mexican and Latin American descent who have been using it as a long-standing pain relief option. 'Many Hispanic communities still face inadequate access to healthcare and consumer goods. As the fastest-growing demographic group in the U.S., the Hispanic population presents a unique opportunity for Bayer. By adding Aspirina to the U.S. portfolio, which has a strong equity in LATAM, we are placing the consumer at the center of our strategy. Data shows that 70 percent of Hispanic consumers feel a strong connection to their country of origin, making it essential for brands to honor and reflect this sentiment,' said Mohamed Atef, Global Brand Lead for Aspirin at Bayer. Many U.S. consumers of Hispanic origin grew up with Bayer's Aspirina— their parents and grandparents relied on it, instilling trust and nostalgia for the brand. Due to those deep connections, Aspirina has a 99 percent awareness rate in Mexico, with 67 percent of consumers using it regularly 2. With this inclusion in the U.S. market, we invite consumers to reconnect with a product that represents reliability, familiarity and their heritage. Bayer invented modern aspirin 125 years ago, and it's the most trusted aspirin brand for pain relief in the U.S. 3 Many pain reliever brands have come and gone over the last century, but Bayer® Aspirin continues to be one of the most trusted pain brands on the market. Aspirina is available at select Walmart and Walgreens, making it easy for families to find the pain relief they know. Join us in celebrating the launch of Aspirina in the U.S. and rediscover a brand that feels like home — a trusted companion in the journey of life. For more information on Aspirina visit About Aspirina For over 125 years, Bayer® Aspirin has been a leading aspirin brand in proven pain relief. Aspirina is a powerful pain reliever and fever reducer that contains 500 mg of the active ingredient aspirin (NSAID*). It provides fast and effective multi-symptom relief of headaches, muscle pain, toothaches, menstrual pain and minor arthritis pain for adults and children over 12, when used as directed. Aspirina is coated to make it easy to swallow and is free of caffeine. *nonsteroidal anti-inflammatory drug About Bayer Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. In line with its mission, 'Health for all, Hunger for none,' the company's products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2023, the Group employed around 100,000 people and had sales of 47.6 billion euros. R&D expenses before special items amounted to 5.8 billion euros. For more information, go to Forward-Looking Statements This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. 1 Based on volume sales in the last 52 weeks, via source: Grupo Knoblock/CID – Centro Integrador de Datos
Hypebeast
5 hours ago
- Hypebeast
DAIWA PIER39 Delivers Urban‑Ready FW25 Capsule for BEAUTY&YOUTH
Summary DAIWA PIER39andBEAUTY&YOUTHreturn forFall/Winter 2025with a four‑piece capsule designed to merge the technical precision of outdoor wear with the clean versatility of contemporary city dressing. Each style reflects the collaboration's core ethos – balancing functional performance with refined aesthetics – while incorporating exclusive design details tailored for BEAUTY&YOUTH. The lineup includes the WINDSTOPPER® Tech Sports Jacket, a short‑coat silhouette not found in DAIWA PIER39's mainline. Its detachable hood transforms it into a sleek stand‑collar jacket, while an adjustable waist drawcord allows for silhouette capsule also features the Tech Sports 2B Jacket Limonta and matching Tech Sports Trousers Limonta, both cut in a compact silhouette from Limonta's premium fabric, which combines a natural handfeel with a polished appearance. The jacket's pleated sleeves create a subtle three‑dimensional form and a hidden button under the lapel converts it into a stand‑collar style. The trousers feature an easy‑wear elastic waist, adjustable hem drawcords and multiple zip pockets, blending relaxed comfort with practical storage. Rounding out the collection is the Tech Back Pocket Tee L/S, a long‑sleeve top with a clean, minimal front and functional back pocket. Its lightweight fabric and adjustable hem drawcord make it adaptable for different styling moods. Prices range from ¥15,400 – ¥52,800 JPY (approx. $105 – $359 USD) , the collection is currently available via BEAUTY&YOUTH andUNITED ARROWS.
Car and Driver
12 hours ago
- Car and Driver
2026 Lucid Air Review, Pricing, and Specs
Specs See all specs EPA Est. Range 406–480 Miles Seating 5 Seats Cargo Capacity 22 Cubic Feet Powertrain Electric Drivetrain All-Wheel Drive, Rear-Wheel Drive Limited Warranty 4 Years/50,000 Miles Overview When it comes to long-distance EV motoring, there's no better choice than the 2026 Lucid Air. With its ability to go far on a fully charged battery and its quick charging times when a stop is necessary, this luxury sedan is unmatched when it comes to EV road-tripping. The entry-level Pure trim offers enough premium content to justify its price tag, while higher-end Grand Touring and Sapphire models add performance and show-stopping features, including up to 1234 horsepower and a glass roof. Expert Tip: If you've been waiting for an EV without range anxiety before making the switch to electric, your wait is over. The Air Grand Touring managed to travel an astounding 410 miles in our highway range test. What's New for 2026? The Lucid Air gains access to the Tesla Supercharger network this year, and there are other small changes as well. All trims now come with a mobile charging cord as well as a revised air-conditioning compressor, which is said to improve the cooling of the cabin and reduce ambient noise. The Touring trim boasts a longer EPA-estimated range of up to 431 miles, an increase of 25 miles from before. The Grand Touring trim now comes with 20-way power-adjustable seats with heat, ventilation, and massage. A new 19-inch wheel design called Aeronaut is also available on most models. Pricing and Which One to Buy The price of the 2026 Lucid Motors Air starts at $72,400 and goes up to $250,500 depending on the trim and options. Pure $72,400 Touring $81,400 Grand Touring $116,400 Sapphire $250,500 0 $100k $200k $300k $400k We'd steer toward the Pure model. It offers a respectable 430 horsepower and 420 miles of estimated driving range, yet it costs significantly less than the upper Grand Touring and Sapphire trims. The Pure also comes with 12-way power-adjustable heated front seats, plenty of driver-assistance features, and a large touchscreen. Want to compare the 2026 Lucid Motors Air to other vehicles you're interested in? Our new compare tool provides a comprehensive, side-by-side look at up to five cars of your choice. Compare Cars EV Motor, Power, and Performance EV Motors: 430-hp single motor, 620-hp dual motor, 1050-hp dual-motor, 1234-hp tri-motor 430-hp single motor, 620-hp dual motor, 1050-hp dual-motor, 1234-hp tri-motor Drivetrains: rear-wheel-drive, all-wheel-drive The entry-level Air Pure features a single electric motor driving the rear wheels and produces 430 horsepower. Other models have dual electric motors that provide all-wheel drive and a variety of horsepower ratings: The Touring model generates 620 horsepower, and the Grand Touring makes 1050. The new top dog is the 1234-hp Lucid Air Sapphire, which has three electric motors. The additional motor is mounted at the rear and provides insane acceleration performance to compete with the Tesla Model S Plaid. Despite riding on conventional steel coil springs rather than air springs, the sedan felt calm and smooth in the appropriately named Smooth drive mode. Our main complaint was with our example's 21-inch wheels on low-profile performance tires that produced notable road noise on a section of coarse pavement. 0–60-MPH Times In Comparison: The Pure and Touring models' power deficit is more noticeable on the way to 130 mph, which the Touring managed to dispatch in 12.0 seconds versus the Grand Touring, which did it in 10.3. View Photos Michael Simari | Car and Driver Range, Charging, and Battery Life C/D Range Test(s): 300 miles (Pure), 280 miles (Touring), 410 miles (Grand Touring) The Air has the longest range of any electric vehicle currently on the market, according to EPA estimates. Grand Touring models feature a 118.0-kWh battery pack and DC fast-charging capability, while the Touring trim uses a smaller 92.0-kWh version and the Pure features an 84.0-kWh battery. The base Pure has an estimated driving range of 420 miles, whereas the mid-range Touring is estimated to travel 431 miles per charge—this figure is increased for 2026, from 406 miles previously. The Grand Touring model offers up to 512 miles of range. On our 75-mph highway route, the Grand Touring went 410 miles, making it the longest-range EV we've ever tested; the Touring we tested went for just 280 miles before needing to be recharged, and the RWD Pure went on for 300 miles before the battery depleted. Plugged into a fast charger, the sedan is said to be able to recoup 300 miles of range in 21 minutes. Fuel Economy and Real-World MPGe EPA City Ratings: 108-149 MPGe 108-149 MPGe EPA Highway Ratings: 101-142 MPGe The EPA hasn't released any fuel economy information for the 2026 Air yet, but the 2025 model earned ratings as high as 149 MPGe city, 142 MPGe highway, and 146 MPGe combined. MPGe stands for miles per gallon of gas equivalent, an EPA metric that estimates PHEV and EV vehicle fuel efficiency. For more information about the Air's efficiency, visit the EPA's website. Interior, Comfort, and Cargo First Row: Make no mistake, the Air is intended to be a luxury car, and its handsome interior is fitted with rich-looking materials and cutting-edge technology. Lucid is especially proud of the sedan's expansive passenger space. The sedan's front center console provides generous storage space behind the retractable lower touchscreen and inside the large center console bin that houses a set of cupholders as well as slots to place a smartphone. Second Row: The rear seats are comfortable for two adults, but it's possible to squeeze three back there for short trips. The Air's optional glass roof makes it feel even airier and helps with outward visibility. Cargo Capacity: The Air's trunk is a roomy 22.1 cubic feet, and we stuffed eight carry-on suitcases inside. There is a smaller front trunk—or frunk—as well, and it fits two extra suitcases in our testing. View Photos Michael Simari | Car and Driver Infotainment and Connectivity Infotainment: 34.0-inch and 12.5-inch touchscreens 34.0-inch and 12.5-inch touchscreens Connectivity: Bluetooth, wireless Apple CarPlay and Android Auto Bluetooth, wireless Apple CarPlay and Android Auto Audio System: 9-speaker stereo (standard), 21-speaker Surreal Sound Pro stereo (optional) The Air is outfitted with a sophisticated infotainment system that incorporates a large upper touchscreen that flows out of the fully digital gauge cluster and a tablet-like lower touchscreen that handles additional functions and can be retracted into the dashboard. Apple CarPlay and Android Auto both come standard. A nine-speaker stereo system is standard, but a 21-speaker Surreal Sound Pro setup with Dolby Atmos is available as an option on Pure and Touring trims; the fancier audio system is standard on Grand Touring and Sapphire models. Safety and Driver-Assistance Features The Air is offered with an array of standard driver-assistance technology, and more advanced features are available as part of the Dream Drive Pro option package. Among those features are a traffic-jam assist function and a system that helps prevent you from curbing the Air's wheels. Standard Safety Features: automated emergency braking, blind-spot monitoring, adaptive cruise control automated emergency braking, blind-spot monitoring, adaptive cruise control Optional Safety Features: traffic-jam assist, lane-change assist, curb rash alert For information about the Air's crash-test results, visit the National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS) websites. Warranty and Maintenance Coverage Lucid is a startup automaker with no previous products, but its warranty coverage is very similar to Tesla's. Tesla doesn't offer any complimentary maintenance, but new Lucids are covered for up to two years or 24,000 miles. Limited Warranty: four years or 50,000 miles four years or 50,000 miles Powertrain Warranty: eight years or 100,000 miles eight years or 100,000 miles Complimentary Maintenance: two years or 24,000 miles -or- None C/D Test Results and Specs We test every vehicle we can. Data in the chart below may be for a different model year if the model remained unchanged from when we last tested it. Specifications Specifications 2024 Lucid Air Pure RWD Vehicle Type: rear-motor, rear-wheel-drive, 5-passenger, 4-door sedan PRICE Base/As Tested: $78,900/$81,450 Options: 20-inch Aero Lite wheels, $1750; Fathom Blue Metallic paint, $800 POWERTRAIN Motor: permanent-magnet synchronous AC, 430 hp, 406 lb-ft Battery Pack: liquid-cooled lithium-ion, 88.0 kWh Onboard Charger: 19.2 kW Peak DC Fast-Charge Rate: 250 kW Transmission: direct-drive CHASSIS Suspension, F/R: multilink/multilink Brakes, F/R: 15.0-in vented disc/14.8-in vented disc Tires: Michelin Pilot Sport EV 245/40ZR-20 99Y Extra Load LM1 DIMENSIONS Wheelbase: 116.5 in Length: 195.9 in Width: 76.2 in Height: 55.4 in Passenger Volume: 101 ft3 Trunk Volume, F/R: 10/22 ft3 Curb Weight: 4536 lb C/D TEST RESULTS 60 mph: 4.3 sec 100 mph: 9.8 sec 1/4-Mile: 12.7 sec @ 113 mph Results above omit 1-ft rollout of 0.3 sec. Rolling Start, 5–60 mph: 4.5 sec Top Gear, 30–50 mph: 1.8 sec Top Gear, 50–70 mph: 2.3 sec Top Speed (gov ltd): 127 mph Braking, 70–0 mph: 164 ft Braking, 100–0 mph: 327 ft Roadholding, 300-ft Skidpad: 0.94 g C/D FUEL ECONOMY Observed: 89 MPGe 75-mph Highway Driving: 109 MPGe 75-mph Highway Range: 300 mi EPA FUEL ECONOMY Combined/City/Highway: 130/134/126 mpg Range: 394 mi C/D TESTING EXPLAINED - 2024 Lucid Air Sapphire Vehicle Type: front- and dual rear-motor, all-wheel-drive, 5-passenger, 4-door sedan PRICE Base/As Tested: $250,500/$250,500 POWERTRAIN Front Motor: permanent-magnet AC, 670 hp Rear Motors: 2 permanent-magnet AC, 670 hp each Combined Power: 1234 hp Combined Torque: 1430 lb-ft Battery Pack: liquid-cooled lithium-ion, 118.0 kWh Onboard Charger: 19.2 kW Peak DC Fast-Charge Rate: 300 kW Transmissions, F/R: direct-drive CHASSIS Suspension, F/R: multilink/multilink Brakes, F/R: 16.5-in vented, cross-drilled, carbon-ceramic disc/15.4-in vented, cross-drilled, carbon-ceramic disc Tires: Michelin Pilot Sport 4S F: 265/35ZR-20 (99Y) Extra Load LM1 R: 295/30ZR-21 (102Y) Extra Load LM1 DIMENSIONS Wheelbase: 116.5 in Length: 197.5 in Width: 78.5 in Height: 55.4 in Passenger Volume, F/R: 61/44 ft3 Trunk Volume, F/R: 10/22 ft3 Curb Weight: 5345 lb C/D TEST RESULTS 60 mph: 2.1 sec 100 mph: 4.2 sec 130 mph: 6.7 sec 150 mph: 8.9 sec 1/4-Mile: 9.3 sec @ 153 mph 170 mph: 12.1 sec Results above omit 1-ft rollout of 0.2 sec. Rolling Start, 5–60 mph: 2.6 sec Top Gear, 30–50 mph: 1.1 sec Top Gear, 50–70 mph: 1.3 sec Top Speed (gov ltd): 207 mph Braking, 70–0 mph: 151 ft Braking, 100–0 mph: 303 ft Roadholding, 300-ft Skidpad: 1.04 g C/D FUEL ECONOMY AND CHARGING Observed: 76 MPGe EPA FUEL ECONOMY Combined/City/Highway: 105/108/101 MPGe Range: 427 mi More Features and Specs
