Originally Posted by
pallhedge
First of all, where in his post did he ask about transferring points? Second, your response is factually incorrect as he can downgrade to CSP and retain the ability to transfer. Third, I advised him to downgrade well into August, giving him 4-5 weeks to transfer wherever he wants during that time.
Thanks for the tips. Specifically this is my situation:
- I have a Freedom and CSR
- My primary goal is to avoid CSR fee and to get the CSR again in a couple months for the 50K bonus again. I will be in the clear on 5/24 in September.
- My secondary goal is to not lose too much credit line.
Option 1 is to transfer to Freedom, cancel, get the CSR in September again, and transfer back to CSR. Chase would probably have no issue giving me a big CSR line since I would have closed my CSR previously and be way under what my line was before.
Option 2 is to transfer to Freedom, downgrade CSR to Freedom Unlimited, get the CSR in September again, and transfer UR back to CSR. However in this case, I am worried that they may reject my app due to having way too much credit line already tied up with the Freedom and Freedom Unlimited. Yes I know I can call them up and all that, but I really don't feel like dealing with the reconsideration line.
Thoughts?