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You can only have one Sapphire card starting August, so essentially, you cannot. But for churning specifically, AA Aviator Red, you pay annual fee ($95) and after first purchase, you get 60k AA miles!
As you already have the CSR, I wouldn't shenanigan to get CSPs bonus. As C1 mentions, you can only hold 1 Sapphire card at a time now. Additionally, you'd have to wait 24 months after getting the CSR bonus to get the CSP bonus, so it's just not worth it.
AA and Southwest cards are ripe for churning but I would advise against this for now. Get a Chase Freedom and Freedom Unlimited (apply same day for 1 hard pull) while you're under 5/24. The Chase trifecta will give you 5x rotating/3x dining & travel/1.5x everyday. You can convert all of the points to your CSR for the transfer opps and 1.5 cpp (cents per point) travel portal
Convert your preferred to the chase unlimited. Free card and gets you 1.5x UR on all purchases (plus added benefit of not being a new account). You can merge those with your CSR points to consolidate and get the 1.5 cents value.