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Haven't you noticed??? CO doesn't exist any more!

You may physically have a CO Pres Plus card, but if you log into you Chase account you'll see it doesn't think it's a CO card any more. It shows a UA logo, doesn't it???

I'm not talking about the card nickname, which is the name you can give a card on the Chase site. That'll still say whatever you named it, which might include CO if you nicknamed it that way. I'm talking about the logo it displays for cards. Everyone in the Credit Card forum who's replied has confirmed the CO cards which were not cancelled in time have since early March (the CO->UA switchover date) been showing as UA cards online.

Chase is simply saving money but not requiring a new physical card. So your physical card continues to say CO of course. But behind the scenes, they consider it a UA card now.