cancelling credit cards: lose points + mileage?
Jul 25, 2014, 9:27 am
#1
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
cancelling credit cards: lose points + mileage?
Hi, there
I want to be specific on this questions.
Please gently answer, I appreciate.
1> If I cancel chase united, marriott credit card, then my mileage on united and hotel point on marriott will be disappear?
2> If I transfer my UR point from chase shappire to airline, then cancel my credit card, does my mileage will be disappear?
3> IF I transfer my shappire point to Freedom and cancel the shappire credit card, then my point still alive?
please answer
thank you
Sincerely!
^
Jul 25, 2014, 11:17 am
#2
Join Date: Mar 2009
Programs: Hilton credit card Diamond, Hyatt Globalist
Posts: 2,653
1. No.
2. No.
3. Yes.
Think of the mileage like money in a bank account. If you have money in an account at Wells Fargo, then transfer it to an account at U.S. Bank and then close the Wells Fargo account, you still have the money.
Same thing for mileage. In your question 2, first you have UR points in the Chase Sapphire "bank account". You transfer those points to an airline. Now you have points in the airline "bank account". This is a completely different company and the points no longer have any relationship to Chase. You can now close the Chase Sapphire account with no affect to your airline points.
2. No.
3. Yes.
Think of the mileage like money in a bank account. If you have money in an account at Wells Fargo, then transfer it to an account at U.S. Bank and then close the Wells Fargo account, you still have the money.
Same thing for mileage. In your question 2, first you have UR points in the Chase Sapphire "bank account". You transfer those points to an airline. Now you have points in the airline "bank account". This is a completely different company and the points no longer have any relationship to Chase. You can now close the Chase Sapphire account with no affect to your airline points.
Jul 25, 2014, 5:08 pm
#4
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
hi, tcook052!
Jul 25, 2014, 5:11 pm
#5
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
1. No.
2. No.
3. Yes.
Think of the mileage like money in a bank account. If you have money in an account at Wells Fargo, then transfer it to an account at U.S. Bank and then close the Wells Fargo account, you still have the money.
Same thing for mileage. In your question 2, first you have UR points in the Chase Sapphire "bank account". You transfer those points to an airline. Now you have points in the airline "bank account". This is a completely different company and the points no longer have any relationship to Chase. You can now close the Chase Sapphire account with no affect to your airline points.
2. No.
3. Yes.
Think of the mileage like money in a bank account. If you have money in an account at Wells Fargo, then transfer it to an account at U.S. Bank and then close the Wells Fargo account, you still have the money.
Same thing for mileage. In your question 2, first you have UR points in the Chase Sapphire "bank account". You transfer those points to an airline. Now you have points in the airline "bank account". This is a completely different company and the points no longer have any relationship to Chase. You can now close the Chase Sapphire account with no affect to your airline points.
however, i found a statement saying that
if I cancel credit card, my mileage will be expired on chasge united.
and i also read response from the million mileage secret blog, they said" the only mileage will disappear is that you haven'g gotten yet"..., is it right?
and for #3 you said " YES = expires" , but , does shappire and freedom is differnt account?.... I think it is not going to be expired.... have you tried?.....
Please answer
thank you
sincerely.
Jul 25, 2014, 5:28 pm
#6
Join Date: Mar 2009
Programs: Hilton credit card Diamond, Hyatt Globalist
Posts: 2,653
3> IF I transfer my shappire point to Freedom and cancel the shappire credit card, then my point still alive?
My answer is yes, your points are still alive.
For your question #1 about the Chase United card, I will change my answer to "I don't know", since I am not familiar with this specific card.
Jul 25, 2014, 9:12 pm
#7
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
Your question for #3 was
3> IF I transfer my shappire point to Freedom and cancel the shappire credit card, then my point still alive?
My answer is yes, your points are still alive.
For your question #1 about the Chase United card, I will change my answer to "I don't know", since I am not familiar with this specific card.
3> IF I transfer my shappire point to Freedom and cancel the shappire credit card, then my point still alive?
My answer is yes, your points are still alive.
For your question #1 about the Chase United card, I will change my answer to "I don't know", since I am not familiar with this specific card.
thanks for the answer.... um i need to have 100% sure answer since my point is important....
Jul 27, 2014, 4:26 am
#8
Join Date: Aug 2010
Location: BKK
Programs: AA Plat, HH Diamond, SPG Gold
Posts: 2,395
Welcome to FlyerTalk. Since your questions all appear to relate to Chase credit cards, this thread has been moved to the dedicated Chase subforum of the Credit Card Programs forum where it will probably receive more knowledgable attention.
NOTE: This thread originated at the flame-free Information Desk — please reply accordingly.
Thanks all.
~Moderator, Information Desk
NOTE: This thread originated at the flame-free Information Desk — please reply accordingly.
Thanks all.
~Moderator, Information Desk
Jul 27, 2014, 5:10 am
#9
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Welcome to FlyerTalk.
If your United or Marriott credit cards have been open for less than six months Chase might take back miles or points that you have already transferred, but after six months you can close the credit cards without losing miles or points which have already been transferred.
Why do you want to close the credit cards? What will you accomplish?
If your United or Marriott credit cards have been open for less than six months Chase might take back miles or points that you have already transferred, but after six months you can close the credit cards without losing miles or points which have already been transferred.
Why do you want to close the credit cards? What will you accomplish?
Jul 27, 2014, 8:26 am
#10
Join Date: Nov 2010
Location: Traveling some where hopefully
Programs: AS, AA Gold, and Hilton
Posts: 1,954
Have you tried getting Chase to waive annual fees? There's a whole thread on that if you are interested. No dice for my wife or myself on CSP, but good offer on the Ink Bold.
Last edited by jjmiller69; Jul 27, 2014 at 9:18 am
Jul 28, 2014, 12:33 pm
#11
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
Welcome to FlyerTalk.
If your United or Marriott credit cards have been open for less than six months Chase might take back miles or points that you have already transferred, but after six months you can close the credit cards without losing miles or points which have already been transferred.
Why do you want to close the credit cards? What will you accomplish?
If your United or Marriott credit cards have been open for less than six months Chase might take back miles or points that you have already transferred, but after six months you can close the credit cards without losing miles or points which have already been transferred.
Why do you want to close the credit cards? What will you accomplish?
so you are saying " after six month, every card is fine?"
and once it transfered to united airline or hotel reward program,, how chase can take it out?... they are whole different company,,, isn't it?.... are you sure?....
Jul 28, 2014, 12:35 pm
#12
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
On the Freedom I've did this months ago with no problem. I've closed my CSP and currently when I want to use points from Freedom I tranfer them to my Ink Bold. Both my wife and I have over 150k parked in our Freedom cards for future use. Most of it transfered from CSP before we closed them.
Have you tried getting Chase to waive annual fees? There's a whole thread on that if you are interested. No dice for my wife or myself on CSP, but good offer on the Ink Bold.
Have you tried getting Chase to waive annual fees? There's a whole thread on that if you are interested. No dice for my wife or myself on CSP, but good offer on the Ink Bold.
what is CSP.??
so you are saying " before you close freedom, you transfered freedom point to ink bold and you have been using it and the point didn't disappear after you closed your freedom card?
is this what you are saying?.... please answer
thx
Jul 28, 2014, 3:14 pm
#13
Join Date: Feb 2013
Location: NYC
Programs: UA 1K, AA EP, Hyatt Diamond, SPG Platinum, M life Noir
Posts: 1,279
You can use any UR card to "store" your UR points. They don't expire. You just have to be careful not to close a UR card with UR points still attached to it.
Jul 28, 2014, 3:57 pm
#14
Join Date: Nov 2010
Location: Traveling some where hopefully
Programs: AS, AA Gold, and Hilton
Posts: 1,954
Hi, thank you for your answer..
what is CSP.??
so you are saying " before you close freedom, you transfered freedom point to ink bold and you have been using it and the point didn't disappear after you closed your freedom card?
is this what you are saying?.... please answer
thx
what is CSP.??
so you are saying " before you close freedom, you transfered freedom point to ink bold and you have been using it and the point didn't disappear after you closed your freedom card?
is this what you are saying?.... please answer
thx
Jul 29, 2014, 1:18 am
#15
Original Poster
Join Date: Jul 2014
Location: philly
Posts: 85
i got it now,,,
"Hold point/miles for free!! with annual free card" that is the point!
Does that also work with AMEX card?
right now, i have a AMEX gold,, and if i open a annual free amex card, then
does the amex point will alive after i cancel my amex gold?,,,,