FlyerTalk Forums - View Single Post - Chase Sapphire Preferred - Keep, Downgrade, or Cancel?
Old Jan 8, 2015 | 12:45 pm
  #437  
takeshi74
 
Join Date: Jul 2013
Posts: 384
Originally Posted by litesalt
However, because the CSP is my second oldest credit line, I don't want to cancel it outright.
Originally Posted by litesalt
If any seem like common sense, I just want to be very sure of my options and the process before making any irreversible changes.
Keep in mind that your AAoA is not immediately affected by closing a credit card. The account typically continues to show up on reports and factor into AAoA for 10 years after closure.

Utilization, however, is immediately impacted. If you do close the card see if you can transfer the available credit to another Chase card.

Originally Posted by Travel4Points
When does CSP pay the 7% dividend?
February
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