Mrs. MJ got a targeted 50K offer for the Chase Sapphire Preferred Visa which we each already have. Undaunted she applied for the second card figuring at worst she would have to convert one card to the Sapphire World MasterCard as I had read was possible. First, they wouldn't let her have 2 Preferred Visas - no surprise - so as planned she converted the original card to a MC. Then she called the reconsideration desk to get the targeted offer of the Sapphire Preferred Visa. Still no dice. Wasn't even a matter of credit limit. They said an individual cannot have 2 Sapphire products. Bummer. I was already thinking of ways to spend the extra 50K UR points.