topic Re: Freedom to CSP PC successful!!!! in Credit Card Approvals

Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 15:37:34 GMT

Just changed my regular chase freedom to sapphire preferred! Spoke to underwriter today who approved the product change and I should have my new card in the next 7-10 days yay!! So this PC is possible everyone!

Re: Freedom to CSP PC successful!!!!

p- — Tue, 21 May 2013 15:45:14 GMT

@Anonymous wrote:
Just changed my regular chase freedom to sapphire preferred! Spoke to underwriter today who approved the product change and I should have my new card in the next 7-10 days yay!! So this PC is possible everyone!

Sweet. I've been eyeballing it, but decided PC to the freedom sig instead, with no annual fee. Besides the awesome metal card, how do you justify the extra cost? Is it just worth it to have the metal? I'm tempted... but I hate annual fees.

Re: Freedom to CSP PC successful!!!!

matrix23 — Tue, 21 May 2013 15:52:19 GMT

Did you still get the signup bonus when you do this? If not, then hardly worth it for just a metal card. The whole point to having the CSP is to have th Freedom to utilize the the UR bonuses involved. Also, the signup bonus for the CSP helps pay for at least 4 annual fees.

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 15:52:27 GMT

But you don't get the 40k Bonus UR points...

Re: Freedom to CSP PC successful!!!!

09Lexie — Tue, 21 May 2013 16:11:47 GMT

Congrats on the PC. Like others have commented, PC to Signature and app for the CSP would have been the way to go to reap the best benefits/rewards.

Re: Freedom to CSP PC successful!!!!

ezdoesit — Tue, 21 May 2013 16:16:11 GMT

I would call up or write to EO and see if you can get the promotion.

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 20:18:53 GMT

I don't think it's possible but I will try. Anyone else tried this??

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 20:22:40 GMT

For those who asked, I did not apply for this card because I did not want another inquiry. I already opened a new Amex Gold and a Discover It this month and so I'm not sure if it would approve. I plan on using this card for travel and the no foreign transaction fees alone will more than pay for the annual fee. Those 40,000 points do sound nice though.

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 20:23:30 GMT

congrats on the change!

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 21:02:57 GMT

Grats on the change!

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 21:45:22 GMT

Thanks I'm so excited and can't wait for it to get here!!!

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 21:47:46 GMT

You gotta feel that metal! LOL.

Re: Freedom to CSP PC successful!!!!

Anonymous — Tue, 21 May 2013 21:52:33 GMT

I'm sure the AU on my account will love the card as well. Is it bright blue and shiny as it appears on the website or is it a dull navy blue? I've seen pics of both.,.

Re: Freedom to CSP PC successful!!!!

Anonymous — Wed, 22 May 2013 10:47:05 GMT

Is this going to hurt my credit score since the 16,000 credit line won't be showing up anymore since CSP is a Signature visa which is supposedly NPSL. Ughhhh wish I was told this during the PC. Having second thoughts now...

Re: Freedom to CSP PC successful!!!!

Anonymous — Wed, 22 May 2013 10:48:41 GMT

@Anonymous wrote:
Is this going to hurt my credit score since the 16,000 credit line won't be showing up anymore since CSP is a Signature visa which is supposedly NPSL. Ughhhh wish I was told this during the PC. Having second thoughts now...

Chase reports CL even for visa signature cards.

From what I know, BofA is the only odd ball that's still not reporting CLs for signature cards.

Re: Freedom to CSP PC successful!!!!

Anonymous — Wed, 22 May 2013 11:19:54 GMT

So it will still say $16,000 and not my highest balance? That just sounds like a big mess and I don't even want to deal with it. If it does have a negative impact could I downgrade back to the regular Freedom and apply for CSP later??

Re: Freedom to CSP PC successful!!!!

Anonymous — Wed, 22 May 2013 11:30:18 GMT

@Anonymous wrote:
So it will still say $16,000 and not my highest balance? That just sounds like a big mess and I don't even want to deal with it. If it does have a negative impact could I downgrade back to the regular Freedom and apply for CSP later??

it will reflect your CL, not your highest balance. it may sound confusing but it isn't haha. just regard it as a normal card that isn't NPSL.

I am not sure if you can keep doing product changes. Normally there's a "waiting" time before you can PC again.

There's no negatives as far as how the card works and its feature. The only negative is the 40k UR sign-up bonus that you don't get for doing a PC.