topic Re: How many of you in here PC to the CSR? in Credit Cards

How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 11:56:21 GMT

Just want to see how many of y'all took the Product Change route any upgraded your CSP or any chase card to the CSR?

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 14:27:52 GMT

Why would anyone do that. Even if you have to wait until you're below 5/24, giving up a 100k bonus is flat out wrong, 100% of the time

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 14:33:19 GMT

@Anonymous wrote:
Why would anyone do that. Even if you have to wait until you're below 5/24, giving up a 100k bonus is flat out wrong, 100% of the time

The two aren't necessarily tied together. If you apply for the card and are denied then PCing to it is your only option if you want the card. You aren't 'giving up' 100K points because you weren't going to get it anyways. PCing to it now doesn't mean that you can't apply for it again once you're below 5/24. Very easy to do.

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 14:57:22 GMT

We PC'd my wife's Slate card to CSR. She won't be out of 5/24 until 8/17 and I will be 6/17. So next June I will apply and get whatever bonus is available at the time and downgrade hers, then maybe have her apply at some point after that or maybe she will just never be out of 5/24

With the $300 travel credit before the end of this year and also after Jan but before we downgrade next year we are already $150 ahead, not to mention the extra points on dining and travel in the mean time. Plus we currently have 350k UR's which we normally transfer but now that they're worth 1.5cpp we can be a lot more flexible with how we use them and still feel like I am getting a decent value for them. The difference between 1.25 and 1.5cpp with that many points is $875

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 15:00:38 GMT

I just PCed my Slate to the Reserve. It was really easy

Re: How many of you in here PC to the CSR?

mdd0214 — Tue, 23 Aug 2016 15:10:56 GMT

I used the HP from CSR (denied due to 5/24) to app for the Ritz, which was approved. I plan to churn out my 3 free nights then probably consider a PC from Ritz to CSR. It will be at least 2 years before I am below 5/24. If it looks like 100k is going to stick around I might wait it out but I don't necessarily plan to avoid apps just because of 5/24. For me, the sign up bonus on the Ritz looks like it could be ~$1500+ depending on where/when the free nights are used.

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 15:20:25 GMT

Great to see some people PCing to the CSR, it's an excellent card even without the bonus.

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 16:31:10 GMT

Unfortunately you won't be able to PC a co-branded Chase card to the CSR.

Re: How many of you in here PC to the CSR?

Anonymous — Tue, 23 Aug 2016 16:35:39 GMT

@Anonymous wrote:
I just PCed my Slate to the Reserve. It was really easy

You went from a card that offered absolutely nothing outside of balance transfers to what is probably the best travel card market in the United States.

Re: How many of you in here PC to the CSR?

Credit_hawk — Tue, 23 Aug 2016 20:17:04 GMT

@Anonymous wrote:
Unfortunately you won't be able to PC a co-branded Chase card to the CSR.

I just heard the Homer Simpson "Doh" in my head on that one lol.

Re: How many of you in here PC to the CSR?

Glkslngr — Tue, 23 Aug 2016 23:15:40 GMT

@Anonymous wrote:
@Anonymous wrote:
Why would anyone do that. Even if you have to wait until you're below 5/24, giving up a 100k bonus is flat out wrong, 100% of the time
The two aren't necessarily tied together. If you apply for the card and are denied then PCing to it is your only option if you want the card. You aren't 'giving up' 100K points because you weren't going to get it anyways. PCing to it now doesn't mean that you can't apply for it again once you're below 5/24. Very easy to do.

Re: How many of you in here PC to the CSR?

kdm31091 — Tue, 23 Aug 2016 23:20:49 GMT

@Anonymous wrote:
Why would anyone do that. Even if you have to wait until you're below 5/24, giving up a 100k bonus is flat out wrong, 100% of the time

I don't view it as "giving up" because if you are over 5/24, you aren't getting the bonus anyway because you won't be approved.

As far as waiting, there's nothing wrong with it in theory, but most people have a 12, 18 or even longer month wait before they can apply. There's absolutely no guarantee the existing card/bonus/reward structure will be around at that point. Things change.

Re: How many of you in here PC to the CSR?

elim — Tue, 23 Aug 2016 23:39:59 GMT

@Anonymous wrote:
Why would anyone do that. Even if you have to wait until you're below 5/24, giving up a 100k bonus is flat out wrong, 100% of the time

You can PC now, use the card and it's benefits without a new account or inquiry, close the card when you are 5/24 (18 months for me), App the same day for the bonus and new card (if all that is worth the 100k or whatever the bonus is then) as you have not received the CSR bonus in the last 24 months.

You will get the bonus the exact time you would have if you were keeping CSP instead of PC'ing. But, it might be smart to have another Chase card around to move the old limit to while you Close and re-open the CSR, move the limit back and make it a monster.

I may just PC, keep the card, and not go through all of that.

Re: How many of you in here PC to the CSR?

Anonymous — Thu, 25 Aug 2016 03:01:27 GMT

Just received my fancy box with the card today! Anyone else who PC to the CSR get their card yet?

Re: How many of you in here PC to the CSR?

Closingracer99 — Thu, 25 Aug 2016 03:08:52 GMT

@Anonymous wrote:
@Anonymous wrote:
Why would anyone do that. Even if you have to wait until you're below 5/24, giving up a 100k bonus is flat out wrong, 100% of the time
The two aren't necessarily tied together. If you apply for the card and are denied then PCing to it is your only option if you want the card. You aren't 'giving up' 100K points because you weren't going to get it anyways. PCing to it now doesn't mean that you can't apply for it again once you're below 5/24. Very easy to do.

Meh I would rather App for the Amex Plat or the Citi TY prestiege than ...

Re: How many of you in here PC to the CSR?

sandsanta — Thu, 25 Aug 2016 08:54:34 GMT

Earning points on Amex Plat is a slog though.

Re: How many of you in here PC to the CSR?

Anonymous — Thu, 25 Aug 2016 12:11:22 GMT

I don't think I could pass up the 100K bonus!

Re: How many of you in here PC to the CSR?

wche — Wed, 31 Aug 2016 01:18:08 GMT

Planning on a mortgage in the near future, so I don't want to apply for new credit. My plan is to PC my CSP to the CSR, utilize the benefits such as 2x300 travel credits and 3x points, and then downgrade/cancel the card before the 2nd AF hits.That way I am still $150 ahead during the first year and can utilize the benefits in leiu of missing the 100k bonus. Once I downgrade/cancel, I'll re-apply for the CSR and receive whatever the bonus is at that time. Any insight as to why this wouldn't be a good plan?

Re: How many of you in here PC to the CSR?

-Cal- — Thu, 01 Sep 2016 19:12:22 GMT

I'm over 24/24 and wont be under 5/24 until 8/2018. My plan is to PC my CSP to the CSR to take advantage of the benefits. In the meantime, I'll have my wife apply for the CSR to get the bonus and also independently take advantage of the bonus. When I fall below 5/24, I will PC to something else and will apply for the bonus.