Statman

It goes both ways. Chase has nothing to lose by closing those people's accounts.

flyer4512

if it's 48 months between bonuses ( on all chase cards) the game is more /less over so who cares if Chase bans you ?

That ( MS) would be a ways down the road for us as even though we have churned hundreds of cards over the years neither my wife, myself or my dad ( who I get cards for but doesn't travel so I use the points) has ever had a Chase Sapphire card of any kind, Freedom, BA, Ritz probably others as well.

We have all had an open IHG , Haytt and Marriott for years ( which could be cancelled, reapply, bonus, etc ) that we keep for the free nights.

Unless Chase decides to use Citi's language of "open or closed" there are a bunch of Chase cards we can still get even with 48 month language

halamadrid

Do you already have the CIP card? If not, you can apply for that instead, get a nice bonus, and get covered for all your travel expenses. If you have not yet product changed your CSP, you can hang on to it a bit longer and use that for dining ...not 3% like the CSR, but not bad...or you could just do all your meals at the hotel and use the CIP

AbyssalLoris

Well, I was just getting into UR and it already looks dead. Applied for a CSP for the first time (any Sapphire or UR card for that matter) days ago. Plan being to add other items of the combo once in say 6 months (Freedoms, etc..) and apply for the CSR 2 years hence. Would have built up a UR base and got a feeling for the system before graduating to the "premium". I take this route as I am also in MR & TYP and don't think the balance is stacked in favor of UR unlike many others. A pittance for many of you folk, but all right by me. I was never going to cancel and churn the UR cards - I was only going to grab each bonus once (CSP and CSR), and be a regular user hence if I liked the system. This is how I operate with the other systems that I like. Co-brands are a different matter - there I churn, although far less aggressively than most. I was looking forward to joining Sapphire banking and staying if a bonus were to appear, and if the investing platform were any good.

With a 4 year wait, getting to the UR end-game has now become a case of "life's too short for this". I now regret applying for the CSP last week. This may in fact push me to stay a regular and loyal user (who never does or has done any MS) of MR and TYP, with the Prestige being the next goal as a keeper card until such time as it loses its lustre. If only Citi offered a nice discount online brokerage, I would totally forget about Sapphire and treat Chase exclusively as a churn/MS source.

flyingsna

Does anybody else think this could foreshadow another large CSR intro bonus? Considering the large upfront profitability from new sign ups...

Super Mario

I don't buy the "rules is going to make people do more bad things" logic. Maybe a handful of people, but nothing significant. Ever since the CSR launched, the churning community exploded. All ways to harvest points exploded. Then the talk of bans came in and people let up a little. Now they're going to MS because they have nothing to lose? If they are taking the time to MS, then apparently the returns/point system has some value to them. How much sense would it be to knowingly risk that because you can't recycle sign-up bonuses? Sounds to me like lines disgruntled people say, "Chase, this is going to kill your business!" They will continue to crack down on abusers.

I can say with pretty good confidence that it will probably not return, at least not with the card's current form. They greatly underestimated the card's popularity, expense, etc. There is no incentive to put it back at 100k.

Now fast forward to a couple of years. If they somehow figure out a way to really boost the card's profitability, then that bonus could return, especially if sign-ups teeter off.

flyguy6

This is very disappointing to hear. I just got the CIP 100k bonus and was planning to get another 50k for the CSR. I am was a few months away from being under the old 24 month rule to do this. Was planning to downgrade CSR to Freedom (for quarterly bonuses) and then re-apply for the CSR.

So this changes my strategy to stay under 5/24 to get this bonus again (UR points a my favorite but there is no way I am waiting another 24 months!). I think I am going to get the United Explorer card (for United award CPUs) before I stop holding back on applications to stay.under 5/24.

flyingsna

I'm on the same boat-- I'm now considering CIP x2. With the 48 month rule, I'm feeling it's not quite worth waiting. Who knows if 2 years from now they'd change it again?

flyer4512

I have never done any MS because we don't need to and like that my points/miles are really free, we have about $60K in legit CC spend per year that I'm able to turn into millions of points/miles a year. If this game ended today we would be all set for close to a decade.

How are you earning all these points without churning or MSing ? I'm assuming "Big returns " means at lest 750K points/mile/UR a year ?

5/24 is easily beat with a husband and wife team when one goes card free for about 2 years, throw in my 3rd player ( my dad who does not travel but we use his points ) and 5/24 has basically no effect on us. In fact I stopped my wife at 4/24 ( with 2 Chase bus cards) as we have so many miles/points in stock there is absolutely no reason to push Chase..........she moved over to AA mailers

AbyssalLoris

Not being snarky, genuine sentiment here when I say I'd love to know how you (who, like me, doesn't MS) do that? Unless it's by doing a boatload of apps a year - I am not interested in going that route right now, until I take care of certain things. Presently, I do 3 apps a year on average.

flyer4512

You need to Churn cards if you want mega points without MS. There is a churn going now where you can get an American Airlines card almost every month ( 70k miles a pop) so if you did that card alone it would be over 800K American miles in one year.

My wife churns also and my dad ( who does not travel) lets me get cards in his name and use the points

We have been doing this for over a decade now and have millions of points/miles in stock and travel often, like 8 trips a year. Mostly beaches and Vegas

mia

Write about products, policies and practices -not- about other posters.

rocky_nnc

Now I want to utilize the last chance i got. my wife's card was applied on 29th August 2016, how do i count the exact date (24 months) to be eligible for the bonus using my referral

mia

You need to calculate 24 months from the date the new account bonus posted to her account, not the date the card was opened.

rocky_nnc

vow, that's not what i thought, thanks a ton.
going through the statement it shows up on 9/10-10/9 statement but doesn't exactly mention the date , so statement closing date is the one which i can apply after right?

Just realized she never applied for CSP, can she apply for one now? does CSR bonus have anything to do with CSP application bonus ?