Originally Posted by
joer1212
I already have 2 Chase credit cards-- the Chase Freedom and Chase Slate cards.
I don't want to get rid of my Chase Slate card, as it is the oldest card I have, dating back to 1998, which helps my credit history. However, what should I do with my Chase Freedom card once I get the Chase United Mileage Plus and Chase Sapphire cards? Should I cancel it? I've only had this card for about 1 year.
No, no, no, no, no. The Chase Freedom, despite its modest profile, is a great card to have in combination with the Chase Sapphire Preferred. Why? The CSP has two bonus categories, travel and dining, that earn 2 UR points per dollar spent. The Freedom, designated as a cash back card, actually earns points that can be transferred to a UR account IF you have a CSP or an Ink Bold or Ink Plus. Even better, the Freedom's quarterly bonus categories (for which you must remember to register--there's nothing automatic about these earning categories) will eventually get you 5 UR points per dollar instead of 1, up to a maximum of 6K bonus points per quarter.
Here's a thread on the upcoming bonus categories:
http://www.flyertalk.com/forum/credi...ategories.html.
In short, keep the card. And since you're in New York, open a Chase checking account if you don't already have one:
http://thepointsguy.com/2012/04/maxi...nk-bold-combo/.
This combination is one way that folks with modest spending patterns can earn a lot more miles.