Sep 2, 2017, 7:31 pm
Last edit by: kerrigjl
In 2017, at the first renewal of the 2016 Chase Sapphire Reserve card,* no retention offers have been forthcoming. It appears that Chase is not offering retention bonuses on this card at this time, and will cancel the card at the cardholders request without further ado.
*A retention offer has been reported (though it's minimal): https://www.flyertalk.com/forum/28917524-post376.html
Posts 333 and 327 discuss a fee credit issued by Chase when cancelling the card. These have been called both "Annual Fee Refund" and "Membership Fee Credit."
This thread discusses the timing of both cancelling and product changing (downgrading to Sapphire Preferred) in order to 1) Keep from paying the $450 annual fee, and 2) possibly get a 2018 $300 travel credit before cancelling.
The rules changed for the travel credit on cards issued in May 2017, making the travel credit a calendar year issuance rather than a Dec statement to Dec Statement issuance.
The nuances discussed within this thread include changing your billing date, fees posting on the 1st of the month, and the 30 day window to cancel/60 day window to product change.
09/03/17 - 72k spend, no offer.
09/03/17 - 30k spend, no offer.
09/04/17 - 25k spend, no offer.
09/05/17 - 10k spend, no offer.
09/06/17 - 24k spend, no offer.
09/06/17 - Maybe 4-5K spend. No offer, closed.
09/06/17 - Spend unspecified, no offer.
09/07/17 - 10k spend, no offer.
09/12/17 - 15k annual spend, no offer, downgraded to Chase Freedom to preserve cl
09/18/17 - No offer.
09/22/17 - 25k spend, no offer.
09/29/17 - 17k spend, no offer.
10/02/17 - 64k spend, no offer.
10/10/17 - 16.5k, 2,500 point offer, declined.
10/13/17 - 165k, no offer.
10/13/17- No offer. ~$25k
10/21/17 - No offer, maybe $10k spend, transferred CL, cancelled.
03/02/18 - No offer, ~$13.5k spend
*A retention offer has been reported (though it's minimal): https://www.flyertalk.com/forum/28917524-post376.html
Posts 333 and 327 discuss a fee credit issued by Chase when cancelling the card. These have been called both "Annual Fee Refund" and "Membership Fee Credit."
This thread discusses the timing of both cancelling and product changing (downgrading to Sapphire Preferred) in order to 1) Keep from paying the $450 annual fee, and 2) possibly get a 2018 $300 travel credit before cancelling.
The rules changed for the travel credit on cards issued in May 2017, making the travel credit a calendar year issuance rather than a Dec statement to Dec Statement issuance.
The nuances discussed within this thread include changing your billing date, fees posting on the 1st of the month, and the 30 day window to cancel/60 day window to product change.
09/03/17 - 72k spend, no offer.
09/03/17 - 30k spend, no offer.
09/04/17 - 25k spend, no offer.
09/05/17 - 10k spend, no offer.
09/06/17 - 24k spend, no offer.
09/06/17 - Maybe 4-5K spend. No offer, closed.
09/06/17 - Spend unspecified, no offer.
09/07/17 - 10k spend, no offer.
09/12/17 - 15k annual spend, no offer, downgraded to Chase Freedom to preserve cl
09/18/17 - No offer.
09/22/17 - 25k spend, no offer.
09/29/17 - 17k spend, no offer.
10/02/17 - 64k spend, no offer.
10/10/17 - 16.5k, 2,500 point offer, declined.
10/13/17 - 165k, no offer.
10/13/17- No offer. ~$25k
10/21/17 - No offer, maybe $10k spend, transferred CL, cancelled.
03/02/18 - No offer, ~$13.5k spend
Chase Sapphire Reserve: Renewal & Retention
Feb 11, 2018, 4:57 am
#586
Join Date: Feb 2009
Location: New England
Posts: 485
It is time for this household to make our move.....before I do this I want to ensure I have this correct after hours of research.
I have: CSR - opened prior to May 2017 - has about 150,000 UR points on it now - annual fee hit statement 2/1/18.
Wife has CSR which we will keep as we like the extended benefits.
1. I should go spend $300 in travel to get the credit.
2. Once the Travel Credit posts - make the move to:.
Option 1: Move all points to spouses account and close.
Option 2: Apply for CSP - 50,000 sign up bonus. Move UR to that account and close
Option 3: Downgrade to CSP.
Option 1 and 2: have to be done within 30 days of 2/1 fee post
Option 3: has to be done within 60 days of 2/1 fee post
Do I have this correct?
I have: CSR - opened prior to May 2017 - has about 150,000 UR points on it now - annual fee hit statement 2/1/18.
Wife has CSR which we will keep as we like the extended benefits.
1. I should go spend $300 in travel to get the credit.
2. Once the Travel Credit posts - make the move to:.
Option 1: Move all points to spouses account and close.
Option 2: Apply for CSP - 50,000 sign up bonus. Move UR to that account and close
Option 3: Downgrade to CSP.
Option 1 and 2: have to be done within 30 days of 2/1 fee post
Option 3: has to be done within 60 days of 2/1 fee post
Do I have this correct?
Feb 11, 2018, 6:12 am
#587
Join Date: Mar 2010
Location: TPE, SFO, PAE
Posts: 860
About $15K spend. No offer. Downgraded to Freedom Unlimited.
Feb 11, 2018, 6:13 am
#588
Join Date: Sep 2011
Posts: 1,857
It is time for this household to make our move.....before I do this I want to ensure I have this correct after hours of research.
I have: CSR - opened prior to May 2017 - has about 150,000 UR points on it now - annual fee hit statement 2/1/18.
Wife has CSR which we will keep as we like the extended benefits.
1. I should go spend $300 in travel to get the credit.
2. Once the Travel Credit posts - make the move to:.
Option 1: Move all points to spouses account and close.
Option 2: Apply for CSP - 50,000 sign up bonus. Move UR to that account and close
Option 3: Downgrade to CSP.
Option 1 and 2: have to be done within 30 days of 2/1 fee post
Option 3: has to be done within 60 days of 2/1 fee post
Do I have this correct?
I have: CSR - opened prior to May 2017 - has about 150,000 UR points on it now - annual fee hit statement 2/1/18.
Wife has CSR which we will keep as we like the extended benefits.
1. I should go spend $300 in travel to get the credit.
2. Once the Travel Credit posts - make the move to:.
Option 1: Move all points to spouses account and close.
Option 2: Apply for CSP - 50,000 sign up bonus. Move UR to that account and close
Option 3: Downgrade to CSP.
Option 1 and 2: have to be done within 30 days of 2/1 fee post
Option 3: has to be done within 60 days of 2/1 fee post
Do I have this correct?
I would recommend Option 4: downgrade to Freedom or Freedom Unlimited.
Feb 11, 2018, 7:51 am
#590
Join Date: Feb 2009
Location: New England
Posts: 485
Thanks for the quick reply.
I'm gonna run out an get Marriott gift card this afternoon to get that $300 travel credit done.
But...curious on Option 4 that you created.
Why would I downgrade to Freedom or Freedom unlimited.
Wouldn't I be better off with the Saphire preferred to maintain the UR account? O
I'm gonna run out an get Marriott gift card this afternoon to get that $300 travel credit done.
But...curious on Option 4 that you created.
Why would I downgrade to Freedom or Freedom unlimited.
Wouldn't I be better off with the Saphire preferred to maintain the UR account? O
Feb 11, 2018, 8:01 am
#591
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
If you downgrade your Sapphire Reserve to Freedom or Unlimited the points will be preserved, the annual fee will be zero, and you can Combine your points with your wife's account for redemption:
https://www.flyertalk.com/forum/chas...solidated.html
Problems Combining UR points between accounts
https://www.flyertalk.com/forum/chas...solidated.html
Problems Combining UR points between accounts
Feb 11, 2018, 8:18 am
#592
Join Date: Nov 2010
Location: Traveling some where hopefully
Programs: AS, AA Gold, and Hilton
Posts: 1,954
Approx. $10,000 spend mostly travel, no offer. Will keep this card. May consider downgrading next year.
Feb 11, 2018, 8:24 am
#593
Join Date: Sep 2011
Posts: 1,857
Thanks for the quick reply.
I'm gonna run out an get Marriott gift card this afternoon to get that $300 travel credit done.
But...curious on Option 4 that you created.
Why would I downgrade to Freedom or Freedom unlimited.
Wouldn't I be better off with the Saphire preferred to maintain the UR account? O
I'm gonna run out an get Marriott gift card this afternoon to get that $300 travel credit done.
But...curious on Option 4 that you created.
Why would I downgrade to Freedom or Freedom unlimited.
Wouldn't I be better off with the Saphire preferred to maintain the UR account? O
I'm wondering about the first part of your post. Do you know for certain Marriott sells gift cards at the hotel front desk?
Feb 11, 2018, 9:35 am
#594
Join Date: Aug 2007
Location: Truth or Consequences, NM
Programs: HH Diamond, Marriott Titanium, Hertz President's Circle, UA Silver, Mobile Passport Unobtanium
Posts: 6,192
Thanks for the quick reply.
I'm gonna run out an get Marriott gift card this afternoon to get that $300 travel credit done.
But...curious on Option 4 that you created.
Why would I downgrade to Freedom or Freedom unlimited.
Wouldn't I be better off with the Saphire preferred to maintain the UR account? O
I'm gonna run out an get Marriott gift card this afternoon to get that $300 travel credit done.
But...curious on Option 4 that you created.
Why would I downgrade to Freedom or Freedom unlimited.
Wouldn't I be better off with the Saphire preferred to maintain the UR account? O
Feb 13, 2018, 1:47 pm
#595
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,445
Am I thinking about this in the best way?
Right now I have CSR and CIP; wife has CSR, CIP, Regular Freedom
All the annual fees are due either this or next month. All the 2018 travel credit has been spent. Too soon to apply for a CSP bonus for either of us.
My thought is to keep the CSR for myself. That gives us access to 1.5x for UR direct booking, trip delay coverage for both of us, and I occasionally use the lounge benefit.
We then keep CIP and Freedom for wife. That lets us continue to accumulate in Freedom 5x, CIP 3x, and have a conduit to get the points back to my CSR UR account. I can't think of a cheaper way to make her Freedom 5x transferable. (And I don't have anything available to product change from my side)
Right now I have CSR and CIP; wife has CSR, CIP, Regular Freedom
All the annual fees are due either this or next month. All the 2018 travel credit has been spent. Too soon to apply for a CSP bonus for either of us.
My thought is to keep the CSR for myself. That gives us access to 1.5x for UR direct booking, trip delay coverage for both of us, and I occasionally use the lounge benefit.
We then keep CIP and Freedom for wife. That lets us continue to accumulate in Freedom 5x, CIP 3x, and have a conduit to get the points back to my CSR UR account. I can't think of a cheaper way to make her Freedom 5x transferable. (And I don't have anything available to product change from my side)
Feb 14, 2018, 5:34 pm
#596
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Feb 14, 2018, 5:53 pm
#597
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,445
Hadn't thought of it that way. I'm right at $100 value from the extra 2x this year. Maybe I'm better off just orphaning the Freedom points for a year until she can get the CSR again? Or even trying for another CIP under EIN instead of SSN... hmm.
Feb 14, 2018, 6:05 pm
#598
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
I think you could change one INK Preferred to INK Cash which earns 5X at office supply stores and on internet, cable and phone services.
You can Combine points with your wife, only one of you needs an annual fee card with the Transfer feature for airline or hotel programs..
You can Combine points with your wife, only one of you needs an annual fee card with the Transfer feature for airline or hotel programs..
Last edited by mia; Feb 14, 2018 at 6:22 pm
Feb 15, 2018, 11:00 am
#599
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,445
Feb 15, 2018, 9:57 pm
#600
Join Date: Mar 2004
Location: SEA (previous locations: DTW, TLV, EWR, BOS)
Programs: AS: 75K; DL/NW: Plat; DL SC: Lifetime; Hyatt: Diamond; HH: Gold; SPG: Plat;
Posts: 3,383
Hoping to get the expert's advice with my situation. Our AF came due on our CSR (spouse's) and CSP (conversion from a Fairmont card). Figured it's time to consolidate some of our UR-generating cards. Here is as summary of our cards:
Me
Thanks,
Bostonbali
Me
- Chase Freedom (not Freedom unlimited), $0 AF
- Chase Ink Business Plus, $95 AF
- Chase Sapphire Preferred (conversion from Fairmont card), $95 AF billed 2/1
- Chase Sapphire Reserve (2018 $300 Travel Credit already redeemed, $450 AF billed 2/1)
- Combined UR balance = 880K points
- I am well over 5/24. My spouse is under 5/24
- Would like to preserve the ability to transfer UR points to airlines/hotels
- Don't need the Priority Pass that comes with CSR, as one of us (me) already has that with Citi Prestige AND Amex Plat
- I like getting GC's and prepaid cards (when on sale) at office supply stores using Ink 5x
Thanks,
Bostonbali