topic Re: Anyone close CSP yet? in Credit Cards

Anyone close CSP yet? UPDATE

icloud2525 — Mon, 26 Sep 2016 20:27:24 GMT

Want to close out my CSP and move line to CSR. Anyone know what you have to leave on CSP? Is it $5k because a signature or the usual $500-1000?.......... UPDATE: So I was able to move all but $500 from the CSP before closing.

Re: Anyone close CSP yet?

Anonymous — Sat, 10 Sep 2016 15:35:30 GMT

5k because of the visa sig

Re: Anyone close CSP yet?

driftless — Sat, 10 Sep 2016 15:39:21 GMT

I am going to wait until after the 4 - 5 CSR as that is when Chase will sometimes give an auto CLI.

Re: Anyone close CSP yet?

Anonymous — Sat, 10 Sep 2016 15:42:36 GMT

Does Chase allow you to consolidate the entire CL and then just close the CSP like CapOne does with their account consolidation feature? I'm in the same boat as OP.

Re: Anyone close CSP yet?

Anonymous — Sat, 10 Sep 2016 18:29:33 GMT

I think you have to leave $500 on it.

Re: Anyone close CSP yet?

awp317 — Sat, 10 Sep 2016 19:25:41 GMT

I was able to move over all but 1000 dollars from my CSP but that's because I had run stuff through it in the last 30 days even though my balance was at 0 at the time. I was ok with that and closed it anyway, it's super redundant compared to the CSR.

Re: Anyone close CSP yet?

newhis — Sat, 10 Sep 2016 19:44:38 GMT

@Anonymous wrote:
5k because of the visa sig

No need to have it at 5k. My DW had a Freedom 1k and CSP 6k, moved 2k to Freedom (to 3k) and the CSP was 4k. The didn't remove the Visa Signature on it.

You can close the card with only $500 limit if you have used it in the last 60 days (?), or $0 if not. My DW just closed her Freedom with $0 limit and now her CSP has 7k.

Re: Anyone close CSP yet?

Anonymous — Sat, 10 Sep 2016 19:52:47 GMT

Given my spending patterns, the CSP fits my needs at the moment so I wouldn't switch over to the CSR. Plus I rather enjoy my Amex Plat

Re: Anyone close CSP yet?

fot1 — Sat, 10 Sep 2016 21:06:29 GMT

I was able to move full amount when I closed my CSP and Marriott last month. When I closed my amazon card through Chase I had to leave $500 on it.