bernyx

why doesn't it make sense, if I get approved applying for a sapphire preferred, the question is would I have to pay the AF since it's waved the 1st year. Then I can cancel the reserve and not have to move the points .

HawkeyeFlyer

Confused as you say "AF for CSR dropped 9/1" but then say they would not help you. Can you clarify this?

jayjayjay

how do you guys know how much you have spent last year?

Diplomatico

He was charged the annual fee on 1 September. He called to ask for a retention offer; Chase did not offer a retention bonus. He's keeping the card anyway.

RNE

Statements will tell you. Or you can call and ask.

Critterlynn

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Sounds great but it's not going to happen. Chase just implemented a new rule that won't allow you to have more than one Sapphire product. If you want to get the CSP, you have two choices:

1) product change

2) cancel existing CSR and hope you get approved for the CSP.

But since you received the CSR within the last year, you still going to have to wait a year since you can only receive a bonus on ANY Sapphire product once every 24 months.

MNSWEEps

Wife spend over $25000 last year and was not offered any retention. They said she can downgrade to any one of these without a annual fee. Which one is the best for Ultimate rewards points?

1) Chase Sapphire Visa Signature: "Sapphire: No Annual Fee
for this product. Earn 1 point for every $1 on all
purchases and an additional 1 point for every $1 spent on
dining - when you use your card at restaurants. No caps on
the amount of points earned. Bonus/Promotional offers may
have a maximum accumulation. No expiration on points.
Product includes a 3% foreign transaction fee for any
transactions made in a currency other than U.S. Dollars,
which may include internet sites based outside of the
United States.

2Chase Freedom with Ultimate Reward Visa Signature: You
earn 5% cash back (5 points per $1 spent) on up to $1,500
in combined purchases in bonus categories each quarter.
Enjoy new categories every 3 months. Quarterly activation
is required. You earn unlimited 1% cash back (1 point per
$1 spent) on all other purchases. Your Freedom card comes
with Chase Ultimate Rewards, our premier rewards program
that lets you redeem rewards for travel, gift cards, cash
back and more. Product includes a 3% foreign transaction
fee for any transactions made in a currency other than
U.S. Dollars, which may include internet sites based
outside of the United States.

3) Chase Freedom Unlimited Visa Signature: You earn
unlimited 1.5% cash back on every purchase with no
minimums to redeem for cash back. Your Freedom Unlimited
card comes with Chase Ultimate Rewards, our premier
rewards program that lets you redeem rewards for travel,
gift cards, cash back and more. Product includes a 3%
foreign transaction fee for any transactions made in a
currency other than U.S. Dollars, which may include
internet sites based outside of the United States.

4) Chase Slate with Credit Score Visa Non-Signature: Free
Monthly FICOŽ Score and Credit Dashboard: You can log into
chase.com and access your Chase Slate Credit Dashboard.
Your dashboard is free. It will allow you to view your
monthly FICOŽ Score, reasons behind your score, a summary
of your credit report information and helpful tips to
manage your credit health. The information provided is
based on data from Experian.

krazykanuck

DG to either the Freedom or Freedom Unlimited. The other 2 are worthless. It's up to you if you prefer the 1.5x URs on everything with the FU or the 5x categories on the Freedom

edealinfo12345

Yeah, I was confused as well.

I think the issue is with the word "dropped"....which some may interpret as the annual fee was "reduced". Instead, he used the word dropped to signify the fee "was reported/showed up on his statement"

bernyx

but does the chase sapphire visa signature keep you ultimate rewards? I don't even see this card exists

GiantCow

The regular Sapphire earns URs, yes. They discontinued it a while ago, I guess they're bringing it back now with the new rules.

I still have one that I've been meaning to change into a Freedom.

krazykanuck

The "regular" Sapphire has never gone away, it's been available as a downgrade path from the CSP, you just can't apply for it (and why would you? there's no sign up bonus).

edealinfo12345

The "regular" Chase Sapphire was always available as a downgrade, and is designed primarily for Sapphire "downgraders"; that is why you don't see it advertised on Chase's web site in its list of credit cards for new applicants.

MisterBill

Yes, definitely very confusing. Maybe the person was trying to sound cool when they could have just said "I was charged the annual fee on 9/1" and there wouldn't have been any question.

MisterBill

First, you definitely don't want Slate because it has no points. I have no idea what would happen to your existing points if you converted to a card that did not have Ultimate Rewards (and did not have another UR card). I don't really understand their selling point given that many rebate cards offer free FICO scores, but that's off-topic.

In order to answer your "Which one is the best for Ultimate rewards points?" question, you need to explain what you mean. Do you want to earn points or spend existing points? None of them offer any sort of redemption bonus like CSR does. The two Freedom cards earn different levels of rewards. You can do better than 1.5% on other cards, so I'd go for the old Freedom if you can take advantage of the 5% bonus categories (and don't use it for other stuff).