Chase Sapphire Preferred® Card vs. Capital One Venture Credit Card

The Chase Sapphire Preferred® Card and the Capital One Venture Credit Card both have made a few waves in the ocean of rewards credit cards recently.

New Chase Rule: Only One Sapphire Bonus Per 48 Months

Yesterday Chase made it harder to get repeat bonuses on the Chase Sapphire Reserve® and the Chase Sapphire Preferred® Card by changing the terms and conditions of the card offers. Previously, you were only eligible to earn the bonus on a Sapphire family card 24 months after you earned the bonus on a previous one.

You now have to wait four years instead of two between Sapphire cards to get a new member bonus.