There should be a forum specifically for CSR. just got approved (I'm aware I should have done it earlier to get the 16 bonus. this question has been asked but should I cancel my sapphire preferred?

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Posting as :
works at
You are currently posting as works at

I have about 200,000 power hours left to go...

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Don't cancel - just downgrade to a non-fee card

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Exactly - improves credit rating by giving you higher total credit and higher age of average credit line

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What is the 16 bonus?

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Will the points transfer or should I use them up before I downgrade? I've been googling and there's just so much information

You can manually transfer power hrs between chase cards pretty easily

Lol. Points, not power hrs. Autocorrect...

Someone is going to a lot of power hours. Aggressive

If you're in DC hit up the live power hours. Those get rowdy.

What's the best chase card to downgrade CSP to?

When you transfer points from Preferred to CSR, they are instantly worth more when booking travel, from 25 to 50%.

Why not cancel the CSP ? Is it a hit on credit? So do you just let your downgraded card sit around in perpetuity..?

^ --second EY 1's question

I think op meant 2016 bonus. As in it may end in 2017? Just googled though and couldn't find an end date.

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