Should I renew my chase sapphire reserve for a $450 fee or cash out $750 in rewards points and cancel?

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I’m keeping mine. Remember you get 300 in credit for travel for airlines. If you plan any personnel travel, it cuts your cost to $150 essentially.

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Renew. You’ll easily spend $300 on travel (uber, public transportation, flights, hotels, Airbnb’s, parking) so if you spend more than $5000/yr on travel (3 pts/$1) even at a UR $.01/pt valuation you will break even. This does not account for other perks including global entry, priority pass, purchase protection, baggage delay, etc.

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Renew. There is a reason why CSR is the most popular answer whenever someone asks what's the best CC out

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If you don’t want it anymore you can always downgrade to a chase freedom or freedom unlimited

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am i loving my CSR too much...? i mean this card is so good

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I crunched the numbers already for CSR vs CSP vs Freedom Unlimited. If you spend $4500 + $300 (credit) aka $4800 a year or more on food and travel, it beats the other two.

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Number crunching for cars benefits. This is nerdy.

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FYI if you downgrade you can’t get the sign up bonus on the CSP, but if you wait 2+ years since opening and getting the CSR bonus, you can. So it makes sense to renew one year, cancel card, then signup for CSP

S&O Finance. Can’t help it... I like numbers

Call to downgrade to the Preferred and they may waive the fee for one year

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