I am at 3/24 and had the Chase Freedom Unlimited but product changed it to a Flex today. How long should I wait before applying for this new double rewards offer?

I currently have 8 Chase cards though, I wonder if there is a limit to how many you can have?

I know there is no Sign Up Bonus, but right now I am doing restaurants on my BOA CR card (with Preferred status) and getting 5.25%. With this I'd get 6%, but use those points through Sapphire Reserve on flights and it would essentially be 9%). I spend at least $2,000 at restaurants each month - so that's $2,160 on this vs $1,260 currently. I use the BOA Premium Rewards and get 2.625% back through that on all purchases, but this would essentially be 4.5% (1.5% x 2 x 50% bonus on CSR). So every $5,333 I am spending on non bonus categories = $100 more in rewards this way. The big advantage with the BOA cards is it is straight cash back.

Flights I am doing on CSR and getting 5% back plus the 50% kicker so 7.5%. It would be hard to give up the insurance protection but even doing that on a couple flights would be lucrative. One international business class ticket for $5,000 currently gets me $375 but with this card it would be $750. And would have good protection being on a business class ticket already.

So I don't really see a downside here other than giving up a better Sign Up Bonus on another Chase card?

I currently have these - is there a better sign up bonus I'm overlooking?

• Ritz
• Freedom (old one)
• Freedom Flex (just changed the Freedom Unlimited to this)
• IHG Premier
• IHG Select
• Sapphire Reserve
• Ink
• Ink Unlimited