Hi everyone! I have a Chase Sapphire Preferred card right now. I want to upgrade to the Chase Sapphire Reserve card.

I’ve heard it’s better to downgrade the Chase Preferred card to a Freedom Unlimited card and then apply for the Reserve card.

I have about 150k points on my Preferred card — if I downgrade to the freedom unlimited card will I get to keep my points? Will my points be worth the same for travel/pay yourself back? (I think it’s 25% more)

Any downsides/done this recently?

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If it has been more than 48 months since you received your CSP SUB then absolutely downgrade the CSP and sign-up for the CSR. You will keep your points and then be able to transfer them to the CSR where they will be 50% more instead of 25% more when booking through Chase or paying yourself back.

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Should I pay off my CSP fully before downgrading? There’s not much on it just wondering if that’s better

Can i have 2 Freedom cards? Am thinking that i downgrade my CSP to freedom and then get the new CSR with bonus points points to retain all my points.

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Yes, I now have a Freedom, Freedom Flex, and Freedom Unlimited after I downgraded my CSR.

why do you want to get the CSR?

I travel a lot so benefits are better

I would recommend getting the venture X and keeping the CSP as well. That’s what I did

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