Originally Posted by
WineCountryUA
As has been suggested in recent posts in this thread, consider instead of closing the PresPlus, changing it to a free card (Gateway) or lower cost Explorer card. This has less impact on your credit history and gives you a backup card,
Is this a sure thing with Chase that converting from PP (which I have had forever) to a free card (Gateway) would result in no loss of credit history? I know people have always said this, but it would be good to know with 100% certainty that this would be the case with Chase in this situation.