09-20-2013 12:09 AM
I will be downgrading my Ink Plus (world elite mastercard) next month to an Ink Classic (open 13 months). Does anyone know what type of mastercard it is: platinum, world, world elite (doubt it)? Not a big deal really, but just curious. Thanks.
Edit: I think I won't downgrade next month. I may try out the card for a second year and reassess then.
Is the Ink Plus downgrade to an Ink Classic/Cash always gauranteed (after 12 months) or is it a YMMV situation?
I called the regular CSR number after the 12th and 13th statements, and both times, I was told my card was ineligible for the downgrade. After giving it some more thought, I decided not to downgrade. I was one of the first to ever get the Ink Plus card, so at this point without more anecdotal evidence, I'm not sure if the card can even be downgraded.
Wow, that is unfortunate. I wonder why. Did they give you a reason? Are you trying again after the 14th statement?
When did you open up your Ink Plus card, and how come that might make it ineligible if it's "old"?
Both CSRs told me the computer system would not allow it, as it wasn't an available option. I won't be trying again. I've decided, based on my spending patterns, the Ink is more valuable than the CSP. There's a small chance I may downgrade the CSP instead next year. I'll just have to see how my spending adds up before the AF hits.
I applied for the Ink Plus right when it came out last summer (early July) on a targeted offer. A single purchase to get the sign-up bonus, 10.24% APR, and no business questions asked when activating it.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.