Downgrade Chase Sapphire Preferred

If you now want to apply for the chase sapphire preferred card for its 80 000 point bonus after you spend 4 000 on purchases in the first 3 months after account opening you must first downgrade the sapphire reserve.

Downgrade chase sapphire preferred.

This card earns 2x chase ur points on dining travel purchases. Downgrade from chase sapphire preferred to chase freedom. Chase sapphire reserve increases value of your ultimate rewards points. That s because you re now only allowed one sapphire branded card at a time.

Avoid duplicate card perks and 2 annual fees by downgrading this chase card. The chase freedom earns 5x the points on rotating quarterly categories such as groceries gas and dining while the chase freedom unlimited earns 1 5x on all purchases. However i didn t product change the card just to avoid the fee. I downgraded my chase sapphire preferred to a chase freedom which has no annual fee because i recently got the ink business preferred credit card which has some overlapping benefits and spending categories.

The most any other chase card will give you is 1 25c the chase sapphire preferred and chase ink business preferred. Call customer service at 1 800 432 3117 or send a secure message from your online account and request a product change. If you have the sapphire preferred and sapphire reserve cards you might consider downgrading to a no annual fee card like the freedom unlimited. It only took a few minutes to call the number on the back of my card and explain what i wanted to do and i kept the same card.

I ve held my beloved chase sapphire preferred credit card for four years and when the time came to pay yet another annual fee i picked up the phone and downgraded the card to the chase freedom unlimited. You can product change essentially downgrade your sapphire preferred card to the chase freedom or the chase freedom unlimited. The sapphire preferred account must be in good standing and at least 12 months old. Downgrade chase sapphire preferred.

The chase sapphire reserve offers an annual 300 travel credit after which you earn. It s difficult to get a category bonus on dining restaurant spend the best option only earns 3 cash back apart from cards with temporary bonuses or rotating categories given the chase sapphire also earns 2x points on this category and it s a downgrade option it s hard to assign any value in this spending category. Chase offers two rewards earning no annual fee credit cards that you can downgrade to from the chase sapphire preferred and reserve. There were a few reasons behind my canny action.

The chase freedom no longer open to new applicants and chase freedom unlimited.