Switching Cards
Apr 19, 2015 | 10:51 pm
#1
Original Poster
Join Date: Jul 2011
Posts: 1,657
Switching Cards
Hello - I've had a CSP since 2011. I'd like to get the sign up bonus on it again, but obviously I have the card currently. I don't have any other UR cards at the moment. I was thinking of doing the following:
1. Open Chase Freedom
2. Cancel CSP
3. (UR points will convert to 'cash back' when I have only the Freedom)
4. Wait a while
5. Open CSP - it will be closed for a while, and I haven't gotten the sign up bonus in ~4 years.
My question is, when I open the new CSP, will the Freedom points "convert back" to regular UR points? I'd obviously much prefer the points than cash back, so I want to make sure the points aren't stuck as cash back points when I have only the Freedom.
Thanks!
1. Open Chase Freedom
2. Cancel CSP
3. (UR points will convert to 'cash back' when I have only the Freedom)
4. Wait a while
5. Open CSP - it will be closed for a while, and I haven't gotten the sign up bonus in ~4 years.
My question is, when I open the new CSP, will the Freedom points "convert back" to regular UR points? I'd obviously much prefer the points than cash back, so I want to make sure the points aren't stuck as cash back points when I have only the Freedom.
Thanks!
Apr 20, 2015 | 12:05 am
#2
Formerly known as stellertony
Join Date: Oct 2006
Location: MEX
Posts: 1,151
UR points are attached to specific cards. So step 1.5 will be to transfer points from CSP to Freedom, and step 6 is transfer them back from Freedom to CSP. Essentially all UR points are the same, it's the card that determines what you can do with them - but you can transfer points between cards at will.