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Product change to freedom and then when you’re positive your 4 years are up apply
Thanks all. Just downgraded to chase freedom unlimited. Will wait a week or so before i apply for chase sapphire preferred
I have the reserve now, I can downgrade that and then apply for the preferred to get the bonus
If it’s been 4 years since you received the CSR sign up bonus, you should be able to apply to CSP for the 100k offer. If you don’t wanna hold both CSR and CSP, you can downgrade your CSR to CS or CF / CFU / CFF
Yes, that works. Call chase to downgrade to the Freedom Unlimited and then apply for the CSP. If you apply in a branch, the first year’s annual fee is waived
But you won’t get a bonus when you downgrade.
You have to apply for the card separately and incur a hard credit check. You cannot downgrade to get the bonus.
Do you have to pay both fees if you get CSP now and then upgrade to reserve after a couple months?
Pro
You have to wait a year to upgrade because of a federal law that credit card issuers can’t change the fee in the first year. When you do a product upgrade or downgrade, you get a prorated refund of your annual fee, so you’re not paying two fees