Downgrade Chase Sapphire Preferred To Freedom

Downgrade the sapphire preferred to either the chase freedom flex sm or chase freedom unlimited both of which have no annual fees and potentially offer 1 5 5x points per dollar spent downgrade the ink preferred to either the ink business cash credit card review or ink business unlimited credit card review which also both have.

Downgrade chase sapphire preferred to freedom.

When he gets a sapphire preferred at some point in the future he could then transfer those points earned by the freedom to hotel and airline partners such as united hyatt and southwest himself. Though the chase sapphire could be worth considering for people with high restaurant spend as it earns 2x. 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. The sapphire preferred account must be in good standing and at least 12 months old.

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. Chase freedom unlimited travel. 5 cash back on up to 1 500 in combined purchases in bonus categories you activate each quarter. Then instead of closing the chase sapphire preferred card i downgraded to the chase freedom unlimited which charges a 0 annual fee allowing me to keep the original account open so i could continue lengthening my credit history positively impacting my credit health.

5 cash back on travel purchased in the ultimate rewards portal 3 cash back on drugstore and restaurant purchases 1 cash back on all other purchases. However if you downgrade a chase sapphire reserve or preferred card to a chase freedom or freedom unlimited card you will lose the ability to transfer those points to hotel and airline partners unless you have another fully transferable ultimate rewards earning card like the ink business preferred credit card. Call customer service at 1 800 432 3117 or send a secure message from your online account and request a product change. Folks with the sapphire preferred and sapphire reserve cards might consider downgrading the sapphire preferred to the freedom unlimited.

So i opened the chase sapphire reserve. Chase freedom chase sapphire. You can product change essentially downgrade your sapphire preferred card to the chase freedom or the chase freedom unlimited. Chase wrote back within a day or so but instead of granting his downgrade request as they have done for me in the past they said he had to call to.

Chase sapphire preferred card. I think the chase freedom is the most compelling choice as it earns 5x points in rotating categories maximum 1 500 spend per quarter. 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.