Originally Posted by
learnedpaw
I currently have a Premium Rewards Card which I got roughly 15 months ago. Am I eligible to get the Premium Rewards Elite credit card?
Can you hold both cards simultaneously or would I need to cancel my existing card first?
I would apply for Elite card and get the points. Once your Premium annual fee is due, transfer the credit line to Elite card and then cancel Premium. No point of having both cards after the welcome bonus. If you're not happy with Elite card after your first year, you can downgrade it to Premium card.