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Don’t cancel until after it renews and you spend the 300 travel credit. Your prorated membership refund with not account for you spending it
BCG1 is on top of things. If you don’t have another UR card, you’ll lose your points. Best to open a Freedom (or F Unlimited) to park the points. Freedom points are worth 1cpp, as opposed to 1.5 with CSR, and cannot be redeemed into a mileage/hotel program. But, if you park them in a Freedom, and open a CSR/CSP later, you’ll then be able to transfer again. Or redeem/transfer the points
Then plan a trip lol
Why do you want to cancel?
I don't spend enough these days to justify it (which is a good thing!), compared to other rewards cards
You can downgrade to a free card and keep the points value too. They just don’t redeem at 1.5x in the chase portal
^ if you downgrade to freedom though, you can't redeem for travel at all. Only cash/equivalents at 1cpp
Why not get a free chase sapphire card? That way you can use it at 1x travel at least. That’s what I did for my sapphire preferred.
The regular sapphire was discontinued
^ ok, my bad then. This was a year ago
You can still get the sapphire card by calling in. I did it a couple of weeks ago.
If you cancel within 3 years of opening a card it is reflected negatively on your credit