Originally Posted by
Finkface
I know little about the UR cards so I will have to do some serious reading today. From what you've said, I wonder if they will convert my Fairmont card to a Freedom instead of a CSP? I'm sure I'll miss out on a sign up bonus there as well but at least I won't lose the UR points.
The Sapphire Preferred has the same fee as the Fairmont card. I think that is why they are converting to it. If your card is less than a year old it may not be eligible for a product change, but that should change after the first anniversary.
Is your card over a year old or did you get it in January?
At a minimum, after the first annual fee, you can PC it to a Freedom or a Freedom Unlimited that have no annual fee and they will 'hold' your UR points.
This is a good thing. URs are 'much' > Fairmont points.