Originally Posted by sdsearch

Welcome to FlyerTalk, viplan.

First of all, how many personal cards (from any banks) have you applied for in the past 24 months? If you're not familiar with it, Chase has a 5/24 policy which can keep you from getting most Chase cards if you have been applying for a lot of other cards. If you're well over 5/24, you may not be able to apply for a new Marriott card if you cancel the current one (but you would be able to upgrade if an upgrade was offered).

Second of all, I hope you don't care much about the 1 elite night for every $3000 in spend. Because that doesn't seem to be there on the new card. (And you won't be likely be able to apply for the current card again once you get the new card.)

Third, assuming you're under 5/24, Chase's rule on re-applying for the same card is that the previous card has to be closed and it has to have been over 2 years since you earned the signup bonus on the previous card. Since you've had the card for 3 years, all you'd have to is cancel to qualify for a signup bonus on the new card (assuming you're under 5/24).

Meanwhile, if you've not had the Marriott business card before, you are right this second qualified to apply for and earn the signup bonus on the Chase Marriott business card, which will not exist for much longer AFAIK. The Chase Marriott business card is not subject to 5/24 (plus, since it's business card, it doesn't increase your 5/24 count). And you don't have to have a business to apply for it, just give your name as the business name, your address as the business address, your phone as the business phone, 0 years in business, $0 business income, sole proprietorship, 0 (or 1 if they don't allow 0) employees, perhaps $1500 for expected monthly spend since somewhere around there is likely at least for the first few month when you're doing the minimum purchases requirement.

Btw, I think the business card currently and the new personal card in May both (will) require $5k spend in 90 days. So be prepared for that (in combination with anything else you might have that has a spend requirement).