New Chase rule: only one Sapphire card
Aug 29, 2017, 12:09 pm
#31
Join Date: Nov 2015
Location: MRY
Programs: UA 2 MM, HH Diamond, Marriott Platinum Elite, Hyatt Platinum
Posts: 42
Well, we knew something like this was coming, right?! Chase has lost so much on the CSR card that they had to find a way to stop the hemorrhage.
Given that change, I decided to product change my CSP into the CSR card. My CPC banker called on my behalf and it took about five minutes in the branch. To avoid another HP on my Experian, I simply moved some credit from my other Chase cards to cover the difference between the $6K SL on my CSP and the required minimum $10K SL on the CSR. The CSR is a VISA Infinite card and has a minimum SL of $10K.
No, I didn't get any bonus UR points but over time, the CSR card makes far more sense for me than the CSP card. If you travel at all on business or pleasure, consider getting the CSR card. Even though it has a higher annual fee than the CSP card, you can easily make up for that each year with better benefits. See this article for more information: https://thepointsguy.com/2017/05/sho...-csr-over-csp/
According to The Points Guy: "Even though the CSR has a higher annual fee, it easily comes out on top because of its great benefits. But as we’ve seen, even if you don’t include the value of those perks, it still doesn’t take much in the way of annual travel and dining spend for the CSR to make sense, even at $450 per year."
The ability to PC cards and move SL around among cards is one of many reasons that I like Chase.
Given that change, I decided to product change my CSP into the CSR card. My CPC banker called on my behalf and it took about five minutes in the branch. To avoid another HP on my Experian, I simply moved some credit from my other Chase cards to cover the difference between the $6K SL on my CSP and the required minimum $10K SL on the CSR. The CSR is a VISA Infinite card and has a minimum SL of $10K.
No, I didn't get any bonus UR points but over time, the CSR card makes far more sense for me than the CSP card. If you travel at all on business or pleasure, consider getting the CSR card. Even though it has a higher annual fee than the CSP card, you can easily make up for that each year with better benefits. See this article for more information: https://thepointsguy.com/2017/05/sho...-csr-over-csp/
According to The Points Guy: "Even though the CSR has a higher annual fee, it easily comes out on top because of its great benefits. But as we’ve seen, even if you don’t include the value of those perks, it still doesn’t take much in the way of annual travel and dining spend for the CSR to make sense, even at $450 per year."
The ability to PC cards and move SL around among cards is one of many reasons that I like Chase.
Aug 29, 2017, 12:29 pm
#33
Join Date: Nov 2013
Location: PHX, SEA
Programs: DL Silver, Avis President's Club, Hertz President's Circle, Global Entry (Former AA Plt/Gold)
Posts: 4,420
Changing cards sounded allowed from the source link, but you had posted about the PC option being 'dead too' (See quote of your earlier post). Did you mean only with respect to sign up bonuses?
Troopers, in post #5 , quoted the actual language from Chase T&C which means the PC option is dead too. It says:
"The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 24 months."
"The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 24 months."
Aug 29, 2017, 12:29 pm
#34
Join Date: Nov 2015
Location: MRY
Programs: UA 2 MM, HH Diamond, Marriott Platinum Elite, Hyatt Platinum
Posts: 42
Honestly I'm not too concerned about the AF on the CSR. With the $300 in travel credit annually, it's really a $150 AF card. And you can make that up easily in UR benefits alone.
Aug 29, 2017, 12:43 pm
#35
Original Poster
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
Aug 29, 2017, 1:14 pm
#36
Join Date: Jun 2014
Location: TPA
Programs: BA Silver; Hilton Gold; IHG Diamond Ambassador; Marriott Gold
Posts: 2,811
On the other hand, Chase’s rule is easier than Citi’s in the sense that closing or downgrading a card won’t reset the 24 months clock for the bonus.
Aug 29, 2017, 7:59 pm
#39
Join Date: Jan 2003
Posts: 3,782
So I am guessing it would be the same PC from CSP to CSR. Prorated CSP and fully charging the $450 on CSR.
Aug 29, 2017, 9:15 pm
#41
Join Date: Nov 2010
Location: Traveling some where hopefully
Programs: AS, AA Gold, and Hilton
Posts: 1,954
I'm not sure if you can do it directly. In my case I pc'd to a regular Sapphire and the a couple of weeks later to a Freedom card. So if it comes back no there are other options.
Just above your post someone went from CSP>FU card.
Just above your post someone went from CSP>FU card.
Aug 29, 2017, 9:45 pm
#43
Join Date: Aug 2009
Posts: 662
Aug 29, 2017, 10:53 pm
#44
Join Date: Dec 2013
Location: Tennessee
Programs: SPG, Marriott, United, SWA, AA
Posts: 696
I got the CSR back in Nov 2016 with the 100k bonus and luckily just a few weeks ago I got the CSP. I went back and forth about getting the CSP or another SWA card, so glad I got the CSP! Feeling pretty smart today 
Now I just have to decide if I will keep the CSR when the AF hits, or cancel it and just roll with the cheaper CSP from there on.
Now I just have to decide if I will keep the CSR when the AF hits, or cancel it and just roll with the cheaper CSP from there on.
Aug 30, 2017, 1:24 am
#45
Join Date: Nov 2015
Location: MRY
Programs: UA 2 MM, HH Diamond, Marriott Platinum Elite, Hyatt Platinum
Posts: 42
https://thepointsguy.com/2017/05/sho...-csr-over-csp/
His take is that the CSR is worth keeping despite the higher AF because its benefits are significantly greater on an ongoing basis.
