Cancel SW Card
So I got this card back in August last year. Looking to cancel this card. But I don't want to get on Chase's bad side. Especially that I just got the CIC a couple weeks ago. My other cards within 12 months are CFU IHG & AMEX. What's the best way to go about this? I'm a bit concerned about shutdowns...Thanks for any info
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From what I can tell, Chase is starting to look much more carefully at its cardholders and what value they bring to the deal.
Saw a recent report that someone applied for a new card and Chase cancelled ALL his other existing cards and accounts. I consider my relationship with Chase to be extremely valuable, and I would never cancel a card in the first year. I would do everything I could to stay off their radar. I do not even transfer URs to my wife. Never deposit MOs. Never pay CC bill with cash or MOs. Etc. |
Not sure how much it would matter but I would definitely wait until a full year before cancelling.
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Originally Posted by Caribgrl
(Post 29647842)
Not sure how much it would matter but I would definitely wait until a full year before cancelling.
They don't have to big purchases. I'd say purchases in several billing periods over the year, of stuff which you can't get any category bonus on with any other card anyway (or of Southwest flights, if you buy those, or even just the fees on Southwest rewards flights if you reserve those), would look the best for the least lost (in terms of earnings on other cards). |
^Good idea. Thanks
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I basically only use mine to buy tickets on Southwest which I generally pay off within a week. I get double points, no interest charges and it looks good to Chase.
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Just called to cancel and they offered to wave the AF. I did not use the card much in the last year.
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Originally Posted by bbbb
(Post 29676478)
Just called to cancel and they offered to wave the AF. I did not use the card much in the last year.
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Originally Posted by flyer4512
(Post 29676516)
I have never heard of Chase waiving the AF on a WN card, would you still get the points, is so keep it.
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Originally Posted by bbbb
(Post 29676857)
I didn't ask because they owed me $1000 that I had been trying to get back from the CSR travel department for almost a year and I was not happy with Chase.
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I called to cancel my Chase SW Business card about a month ago. They also offered to waive the annual fee for me, but I decided to go ahead and cancel it as I also have both Personal cards.
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I was offered a $100 statement credit to keep the card a month or so ago, So yes, I did get the points and no AF.
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Originally Posted by nineworldseries
(Post 29678116)
I was offered a $100 statement credit to keep the card a month or so ago, So yes, I did get the points and no AF.
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Applied for Chase Ink biz cash card. Chase called and said too many biz cards but I could close SW biz card and transfer 5K credit line. I just opened it in Nov 2017, earned my Companion Pass in Feb 2018. Will closing my SW CC biz effect my Pass by closing so soon? Or my chances of getting another in the future? (Less then 6 months)
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Originally Posted by Fergus90
(Post 29684093)
Applied for Chase Ink biz cash card. Chase called and said too many biz cards but I could close SW biz card and transfer 5K credit line. I just opened it in Nov 2017, earned my Companion Pass in Feb 2018. Will closing my SW CC biz effect my Pass by closing so soon? Or my chances of getting another in the future? (Less then 6 months)
But - if concerned, ask if you can keep a small credit line on that card - maybe even $500 or $1000 |
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