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Thread: New Chase policy (Oct 2016): No Annual Fee refund >30 days after AF billed.
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Old Nov 14, 2017, 6:12 am
  #27  
pallhedge
 
Join Date: Sep 2011
Posts: 1,857
Originally Posted by Jesperss
Want to see if I understand this correctly:

My CSR annual fee posts November 4th. I pay for the $450 fee. Next statement hits on December 4th and the $300 travel credit resets. I use that credit within a few days. About mid December I have two options:

1. I can product change to a Chase Freedom Unlimited. Since this is a product change and I'm within 60 days of the annual fee posting, I receive a full refund of that $450 fee. If I downgrade after that 60 days (approx Jan 1) I would receive a pro-rated refund.

2. I can close down the CSR without doing a product change. Since I'm over that 30 day window I receive no refund at all.

Is that correct?
Yes, both of these are correct based on Chase's current AF refund policy.
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