In that case it might be best to go ahead and downgrade to the chase sapphire preferred.
Downgrade chase sapphire preferred and apply for reserve.
Downgrading to a no fee chase card.
Read full answer chase sapphire preferred card also.
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.
You can product change essentially downgrade your sapphire preferred card to the chase freedom or the chase freedom unlimited.
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.
Another option is to downgrade your chase sapphire reserve to a different chase card that has no annual fee the chase slate the chase freedom no longer open to new applicants or the chase freedom unlimited.
For example sometimes readers have the chase sapphire preferred card and want to downgrade it to the chase freedom unlimited and then apply for the chase sapphire reserve card the order of this is important since you can t be approved for the reserve if you currently have the preferred or have received a new cardmember bonus on it.
As long as chase can confirm your active duty status they won t charge you any fees.
The only surefire way to get the 550 chase sapphire reserve annual fee waived is if you re an active servicemember and you check that box on the application.
That s because you re now only allowed one sapphire branded card at a time.