Downgrade Chase Sapphire Preferred To Get Reserve

To get the extra perks with the sapphire reserve you ll pay a higher annual fee.

Downgrade chase sapphire preferred to get reserve.

Lots of points enthusiasts keep the sapphire reserve in their wallet because of the terrific perks. By valencia patrice higuera updated. 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. One of the most popular product changes between chase cards is between the chase sapphire reserve and chase sapphire preferred card.

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. That means if you request to switch from a reserve card to a preferred card that has a 95 annual fee you ll see the same balance in your chase ultimate rewards account. Chase sapphire preferred card. Once he made the call the request to downgrade the sapphire reserve to a no annual fee freedom unlimited was granted.

Earn 80 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening. While the sapphire preferred annual fee is 95 per year and is waived the first year you have the card. Find out how chase sapphire preferred credit card customers can upgrade to the chase sapphire reserve card which has a much higher annual fee but better perks. That s 1 000 toward travel when you redeem through chase ultimate rewards.

You can product change essentially downgrade your sapphire preferred card to the chase freedom or the chase freedom unlimited. I first picked up a sapphire preferred back in 2013 and downgraded it to a freedom in 2017 when i got a reserve. I downgraded my reserve to a preferred and i m keeping it that way. Though the reserve charges a 550 annual fee that s too much to stomach for some cardholders and might even prompt a downgrade users who spend at least 3 334 on travel and dining a year can get more.

The sapphire reserve annual fee is 450 per year. The good news for chase customers is that if you downgrade from the reserve card to another chase rewards card you don t lose your points. It s been back in my wallet and staying put. That s because you re now only allowed one sapphire branded card at a time.