topic Re: PC Freedom to CSP in Credit Cards

PC Freedom to CSP

MontegoMack — Fri, 13 Oct 2017 17:04:46 GMT

I have Chase Freedom, but haven't really pulled it out for even the rotating categories. Perhaps the benefits of the CSP may moreso suit my needs (without having to track months/categories), especially with 2% cash back on dining.

I'm still trying to navigate getting the best conversion rate for my AMEX points, but I hear that Chase has a better system.

I'm ready for some advice on whether to PC or not.

Thanks in advance.

Re: PC Freedom to CSP

Anonymous — Fri, 13 Oct 2017 17:08:53 GMT

Do you earn SUB with a PC? If not, I wouldn't PC.

Re: PC Freedom to CSP

K-in-Boston — Fri, 13 Oct 2017 17:12:54 GMT

Usually applying for the CSP is a better option. The signup bonus is worth at least $500, and the starting lines are usually fairly generous. Combined with your existing Freedom card, you can rack up UR points quite quickly.

Re: PC Freedom to CSP

MontegoMack — Fri, 13 Oct 2017 17:37:24 GMT

Wait. If I PC I might not be able to get a bonus? RIght now it's at 50k points after $4000 in 3 months. Is that worth apping for? Or rather, is that the most points you (collectively) have seen?

Re: PC Freedom to CSP

Adkins — Fri, 13 Oct 2017 17:38:26 GMT

Why? You won't get any available bonuses. That's free money you'd be throwing away. Ditto what @K-in-Boston said about using the Free to rack up points you can transfer to the CSP.

Re: PC Freedom to CSP

MrDisco99 — Fri, 13 Oct 2017 17:40:55 GMT

Correct, you WILL NOT get the bonus if you PC from a Freedom card. You must apply for it new.

If you are under 5/24 I would highly recommend you apply for it new rather than PC for that reason. The 50K UR points bonus is worth minimum $500 cash and potentially lots more on the travel portal or transferred to airlines.

Re: PC Freedom to CSP

K-in-Boston — Fri, 13 Oct 2017 17:40:59 GMT

The signup bonuses and offers are only for new cardmembers. The 50k points would be $500 cash or $625 towards buying travel through the Chase portal. I don't personally recall seeing higher offers for the card (although I am sure at some point there may have been) like the 100k for CSR when it came out. They also offer more points later for adding an AU and making a purchase (AU cards are identical except for name, so the AU doesn't have to be the one making the purchase).

Re: PC Freedom to CSP

Anonymous — Fri, 13 Oct 2017 17:45:32 GMT

I did not know you can PC Chase Freedom to CSP? Can you also PC Freedom unlimited to CSP?

I'm asking because I was thinking on PCing my CSP to either of the two above.

Re: PC Freedom to CSP

K-in-Boston — Fri, 13 Oct 2017 19:55:41 GMT

@Anonymous wrote:
I did not know you can PC Chase Freedom to CSP? Can you also PC Freedom unlimited to CSP?

I'm asking because I was thinking on PCing my CSP to either of the two above.

You can PC Freedom and Freedom Unlimited to CSP (maybe CSR?). You can PC CSP to CSR or CSR to CSP, or PC CSP and CSR to plain vanilla Sapphire, FU, F, and possibly Slate as well (I know Slate can PC to F/FU). (Some report having to do an intermediate vanilla Chase Sapphire when trying to downgrade CSP and CSR to the other UR cards). YMMV and you may have to HUCA or just use SM.

Do you think I could squeeze any additional acronyms into that paragraph? Also worth mentioning that if you PC out of the Sapphire world, you go back to the customer service for the peasants.

Re: PC Freedom to CSP

Anonymous — Fri, 13 Oct 2017 19:01:12 GMT

lol, your paragraph is just fine.

Thaks for the info.

Re: PC Freedom to CSP

Anonymous — Fri, 13 Oct 2017 20:21:46 GMT

@MrDisco99 wrote:
Correct, you WILL NOT get the bonus if you PC from a Freedom card. You must apply for it new.

If you are under 5/24 I would highly recommend you apply for it new rather than PC for that reason. The 50K UR points bonus is worth minimum $500 cash and potentially lots more on the travel portal or transferred to airlines.

Right. The major reason for PCing to CSP/CSR is when you are not able to ado a new app for it (usually because you are above 5/24 with no in branch offers) and you really can use the benefits of the card NOW rather than waiting for accounts to age out. In almost all other cases, better to do a new app when you can, as the bonuses are large.

Re: PC Freedom to CSP

UpperNwGuy — Fri, 13 Oct 2017 20:57:47 GMT

An easy rule of thumb is "always apply for the highest tier card and PC to a lower tier card." If I had no Chase cards, I would apply for the CSR, PC to the CSP a year later, then PC to the Freedom or Freedom Unlimited the following year. Never the reverse order.