Sign Up Bonuses Can You Get More Than Once
WHY WOULD YOU WANT TO GET THE SAME CREDIT CARD AGAIN?
Simply put, the BEST way to earn a lot of points quickly is via a credit card sign up offer.
Sometimes you can get a welcome offer more than once. You simply have to wait a specified amount of time and then you can downgrade or cancel your current card, wait a few weeks, and apply for a new card to get the new sign up bonuses.
CHASE
You can only get the welcome offers on the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® once.
Some of the Chase co-branded cards you may be eligible for a new welcome offer 24 months since you last received the welcome offer (but not limited to)…
The World of Hyatt Credit Card
Marriott Bonvoy Boundless® Credit Card
Marriott Bonvoy Bold® Credit Card
Southwest Rapid Rewards® Plus Credit Card
Southwest Rapid Rewards® Priority Credit Card
IHG One Rewards Premier Credit Card
As well as the United, Aeroplan, British Airways, Aer Lingus and Iberia co-branded cards
CAPITAL ONE VENTURE CARDS
➡️ Capital One Venture X Rewards Credit Card
Not eligible for new welcome offer if you’ve earned a Venture X bonus in the past 48 months
➡️ Capital One Venture Rewards Credit Card
Not eligible for new welcome offer if you’ve earned a Venture X or Venture bonus in the past 48 months
➡️ Capital One VentureOne Rewards Credit Card
Not eligible for new welcome offer if you’ve earned a Venture X, Venture, or VentureOne bonus in the past 48 months
💡 In short: Moving up is the best strategy for welcome offer eligibility:
VentureOne → Venture → Venture X
You also need to space Capital One personal credit card applications by minimum 6 months apart.
AMERICAN EXPRESS
American Express in general has a “lifetime” rule that you can not get the sign up bonus on their cards more than once. However, many people (not me), report that lifetime is generally 5 – 7 years and that you could then get the sign up bonus again.
The thing I like about American Express cards is that, usually, when you are applying for a card with a sign up bonus, right before you hit submit, it will actually tell you if you are eligible for the sign up bonus or not.
Another way to get more than one of the same American Express Card is through “no lifetime language” (NLL) offers. These are often targeted offers that do not include the usual language saying you can’t get the welcome bonus if you’ve had the card before. So, if you see an NLL offer, you may be able to get the bonus again even if you’ve had that card in the past.
“Can I get the card again?” and “Can I get the welcome bonus again?” are two different questions. In many cases, you can get the card again but not receive another welcome bonus.
Questions? Don’t hesitate to let me know!
