Closing UA Explorer?
Jan 22, 2013 | 11:15 pm
#1
Original Poster
Join Date: Apr 2012
Posts: 445
Closing UA Explorer?
How quickly can you close out after the 50k miles post without them taking the miles back? I want to apply get the 50k then close asap because I also plan to apply for the MileagePlus Club but want the 50k. Or is there a 50k MileagePlus Club offer?
Jan 23, 2013 | 2:07 am
#2
Suspended
Join Date: Jan 2013
Location: LAX/SNA
Programs: AA, Hilton Gold
Posts: 3,887
Patience, grasshopper.
Jan 23, 2013 | 6:03 am
#4
Join Date: May 2008
Location: Las Vegas since 11/2023
Programs: No status anywhere anymore, it was fun while it lasted
Posts: 4,648
I've been churning Chase cards for about a year now and have yet to be declined. But there's no reason not to leave it open, except that for a future churn, you'll be further from the cancellation date. I usually keep mine for almost a year.
Jan 23, 2013 | 9:25 am
#5
Join Date: Mar 2012
Location: Austin, TX
Programs: National EE, Hyatt Discoverist, Hilton Gold, Marriott Gold
Posts: 523
You need to keep the Explorer card open for at least one year if you plan on doing a product change to the Club Card (you won't receive any sign-up bonuses on the Club Card for going this route though).
There is no mileage bonus for the Club card, only a $95 statement credit or in some promotional circles there's an offer for your first year free, a $395.00 value.
Did you know that you can have both an Explorer Card and a Club card? If your credit and income qualify, you can get both now and then cancel the Explorer Card when the annual fee comes due.
There is no mileage bonus for the Club card, only a $95 statement credit or in some promotional circles there's an offer for your first year free, a $395.00 value.
Did you know that you can have both an Explorer Card and a Club card? If your credit and income qualify, you can get both now and then cancel the Explorer Card when the annual fee comes due.
Jan 23, 2013 | 10:44 am
#6
Join Date: Sep 2011
Location: IAH
Posts: 362
I had the Explorer card. After 10 months, I applied for the Club card to get the first year free ($395). They asked me to move credit around, so I moved my Explorer's credit line to the Club card and closed the Explorer.
Is there some reason you need the Club card ASAP? You get two free United Club passes per year with the Explorer card. It was really the 1.5x spend that drew me to the Club card.
If you do not want another application/pull, then you will need to leave the Explorer card open at least a year before upgrading to the Club card, as others have mentioned.
Is there some reason you need the Club card ASAP? You get two free United Club passes per year with the Explorer card. It was really the 1.5x spend that drew me to the Club card.
If you do not want another application/pull, then you will need to leave the Explorer card open at least a year before upgrading to the Club card, as others have mentioned.
Jan 23, 2013 | 2:57 pm
#7
Original Poster
Join Date: Apr 2012
Posts: 445
Good point. I guess I don't need the Club card now but wanted it. It's too bad Chase doesn't allow card conversions until after 12 months and no bonus for the Club card. Is the 12 month policy firm or at the discretion of the rep to upgrade?
Jan 23, 2013 | 5:41 pm
#8
Join Date: Sep 2011
Location: IAH
Posts: 362
It's firm. It's Chase's (and most bank's, I believe) way of interpreting some of the new credit card regulations. From what I've read, they've taken the requirement that the annual fee cannot be raised in the first year and extrapolated that to mean you cannot even upgrade to a card with a higher annual fee within the first year. (I'm just pulling this from memory - might be a little off.)
Jan 23, 2013 | 6:00 pm
#9
Original Poster
Join Date: Apr 2012
Posts: 445
It's firm. It's Chase's (and most bank's, I believe) way of interpreting some of the new credit card regulations. From what I've read, they've taken the requirement that the annual fee cannot be raised in the first year and extrapolated that to mean you cannot even upgrade to a card with a higher annual fee within the first year. (I'm just pulling this from memory - might be a little off.)
Jan 23, 2013 | 6:03 pm
#10
Join Date: Sep 2011
Location: IAH
Posts: 362
It is a very conservative and narrow reading of the legislation. The senators were more concerned about the lenders imposing higher annual fees on unsuspecting consumers and I doubt they truly intended to prevent consumer initiated changes such as upgrading. It's really silly that you can't convert but I will deal with it
Jan 23, 2013 | 7:43 pm
#11
Suspended
Join Date: Jan 2013
Location: LAX/SNA
Programs: AA, Hilton Gold
Posts: 3,887
Unfortunately, with the litigious society we live in, companies are way more conservative when interpreting the law then they need to be.
Also, since you now have a year to sit on this first card with no fee, maybe they'll have some sign on bonus in the first year, which you would otherwise miss.
Also, since you now have a year to sit on this first card with no fee, maybe they'll have some sign on bonus in the first year, which you would otherwise miss.