Chase Sapphire Preferred upgrade - Thoughts???

[merlinflex]

So, I have had Chase Sapphire (regular) since mid-2009 and late last week sent an email to Chase cust serv about the CSP and what it would take to get it.  Got the response this morning. Not sure if they will waive the AF the first year and if the bonuses being offered right now, which are:

• Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate RewardsSM.
• Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.

Not sure if I would get any of that since I am upgrading and not a new account.  Any thoughts or input is greatly appreciated. Thanks in advance!

http://imgur.com/Xentwwt

[mongstradamus]

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@merlinflex wrote:

So, I have had Chase Sapphire (regular) since mid-2009 and late last week sent an email to Chase cust serv about the CSP and what it would take to get it.  Got the response this morning. Not sure if they will waive the AF the first year and if the bonuses being offered right now, which are:

• Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate RewardsSM.
• Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.

Not sure if I would get any of that since I am upgrading and not a new account.  Any thoughts or input is greatly appreciated. Thanks in advance!

http://imgur.com/Xentwwt

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i am almost 100% positive you have to do an fresh apply of csp to get those bonuses PC to it won't cut it. 

[Anonymous]

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@merlinflex wrote:

So, I have had Chase Sapphire (regular) since mid-2009 and late last week sent an email to Chase cust serv about the CSP and what it would take to get it.  Got the response this morning. Not sure if they will waive the AF the first year and if the bonuses being offered right now, which are:

• Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate RewardsSM.
• Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.

Not sure if I would get any of that since I am upgrading and not a new account.  Any thoughts or input is greatly appreciated. Thanks in advance!

http://imgur.com/Xentwwt

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I have known people who didnt get the annual fee waived and the bonus points after converting form the regular sapphire to the sapphire prefered.  I think your best bet is to ring them and talk live.  I think that is better than sending the secure email in my opinion.  Keep us posted.

[merlinflex]

Thanks guys, I plan on doing that in the next hour or so. Got my fingers crossed. Otherwise, I still think it is a good deal for the upgrade. Thoughts?

[Anonymous]

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@merlinflex wrote:
Thanks guys, I plan on doing that in the next hour or so. Got my fingers crossed. Otherwise, I still think it is a good deal for the upgrade. Thoughts?

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Apply first for the Sapphire Preferred to get the bonus.  If it is a NO-GO, then settle for the upgrade.  All the best...

[merlinflex]

Will do, thanks! Will report back shortly!

[Anonymous]

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@merlinflex wrote:
Will do, thanks! Will report back shortly!

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Any update?  They have to be in the giving spirit....

[merlinflex]

Not yet, stuck on a conference call, working from home today. Should be done at 1:30pm EST and then calling them!

[Anonymous]

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@merlinflex wrote:
Not yet, stuck on a conference call, working from home today. Should be done at 1:30pm EST and then calling them!

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Ok.. I am also...  Keeping fingers crossed for you.

[RaVeN50G]

You will not get any bonus for doing an upgrade and you will be charged the annual fee, it will not be waived. For any offers you have to do a fresh application