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Chase: switching rewards type.

Established Contributor

Chase: switching rewards type.

I have a chase freedom card that rewards me with 3X points on top 3 category. I saw the option that I can switch the rewards type from points to cash.

 

My questions is, will there be an inq for switching the rewards type? 

Will the existing points be converted to cash rewards?

 

Thanks in advance. 

-void
Message 1 of 5
4 REPLIES
Valued Contributor

Re: Chase: switching rewards type.

Since you are not requesting additional credit, I don't see why they would do an inquiry. I spoke with a CSR about the rewards being switched, many months ago and he said it was simple to do. The points would convert to the cash equivalent.

 

I have seen the button to ask to switch although I have not used it myself. I suppose you could call and speak with someone to be sure.

Message 2 of 5
Valued Contributor

Re: Chase: switching rewards type.

If I remember correctly it is an easy switch but not a 1 cent per point switch. Its been awhile since I looked into the Freedom card though.

 

Goodluck!

Message 3 of 5
Established Contributor

Re: Chase: switching rewards type.


stef37 wrote:

Since you are not requesting additional credit, I don't see why they would do an inquiry. I spoke with a CSR about the rewards being switched, many months ago and he said it was simple to do. The points would convert to the cash equivalent.

 

I have seen the button to ask to switch although I have not used it myself. I suppose you could call and speak with someone to be sure.


 

Swtiched from points to cash.  No problem should get a confirmation letter about the swtich soon. 

-void
Message 4 of 5
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Valued Contributor

Re: Chase: switching rewards type.

I have also seen the button to switch on their website. I'm already at cash and have no intention of switching, but for others that may be interested, it looks pretty easy.

 

Glad you were able to get your rewards converted easily, voidman.

Message 5 of 5