Doctor of Credit
is reporting some potential bad news:
In late August Chase introduced a new rule for Sapphire credit cards limiting you to one Sapphire card and restricting you from getting the bonus if you had received a Sapphire bonus in the past 24 months. Within the past few days several readers have let me know they have been denied new card applications and product changes for the same reason but with brands/families other than Sapphire.
One reader received the following note regarding a product change:
When selecting the credit card that best meets your needs, please remember that our policy no longer allows for customers to have more than one credit card in the same product.
DOC goes on to say that "It’s possible that this is only affecting cards that aren’t instantly approved and it’s due to customer service representatives not differentiating between the Sapphire rule and other card brands..."
New DPs obviously needed.