Just FYI:
Downgraded Sapphire does have 2X dining, but not travel. Also, no 7% annual dividend.
Ink Bold can be downgraded to Ink Cash or Ink Classic. All have the same 5X categories, but the downgrades are limited to $25K in spend in those categories (vs. $50K Ink Bold). The Ink Classic has the same 2X categories as the bold (gas and hotels), but the Ink Cash has gas and dining.
All are excellent no fee cards. The Freedom is awesome too.
Originally Posted by
HikerT
Edit: from what I've heard the downgraded Ink and Sapphire cards have the same earnings as their bigger brothers, so for the long term downgrade Ink and keep Sapphire Preferred around for the 7%.