What’s the best way for me to upgrade my Chase Sapphire Preferred to a Reserved? Do I need to cancel my current card and apply for a CSR to get all the new account benefits? Anyone done this before?

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Call Chase and ask, I’m pretty sure they can just upgrade you without canceling the old card. I would go that route since you are not eligible for a sign up bonus with the reserve if you already have/had a preferred.

Thank you! I’ll look into this too.

call and ask for a product change into the reserve.

Agree with D1. Have done it and was able to apply for CSR with sign in bonus. Did end up canceling preferred as it didn't make sense to have two cards with similar benefits

I did this last year. I downgraded preferred to Chase Freedom Unlimited. I didn't get the sign up bonus of $150 but I do keep my credit history and get 1.5% back on everything. At the same time I applied for a CSR and was rejected. Called Chase and found out I was auto rejected because I had received sign up bonus for CSP within 4 years (this limit used to be 2 years). I waited a few months and reapplied. Was approved and got the sign up bonus.

CSR just upped its annual fees to $550, from $450. The $300 travel credit still brings it to the equivalent of $250/yr. However, they appear to be offering a $120 food credit for delivery services like doordash. I only just read this and am disappointed.

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