topic Re: PC from CFU to CFF in Credit Cards

PC from CFU to CFF

Mdowning30 — Wed, 07 Sep 2022 11:52:01 GMT

Yesterday i made the decision to product change my Chase Freedom Unlimited that i have since January to the Freedom Flex. In doing so, i want to use the 5% back on Gas before this quarter ends and now i have a Mastercard back in my wallet after i closed my first Capital One Secured.

Also means im "upgrading" from a standard Visa to a World Elite Mastercard.

Re: PC from CFU to CFF

Hoben02 — Wed, 07 Sep 2022 15:22:12 GMT

Any reason you didn't just apply for that card to build the chase trifecta. Overall I find more usage on the cfu then the cf I've gone quarters with no spend on the freedom due to not having charges for any pick

Re: PC from CFU to CFF

ptatohed — Wed, 07 Sep 2022 18:43:01 GMT

I was going to say something similar. That a new application should have been considered. Not because I think the Freedom Unlimited is a great card (no need to look at 1.5% CB cards anymore with 2% CB the 'new low', IMHO) but for the $200 intro bonus and the 5% gas for a year. I love my Freedom card. This quarter is 5% gas and movies, perfect.

Re: PC from CFU to CFF

AndySoCal — Thu, 08 Sep 2022 01:05:07 GMT

@Hoben02 @ptatohed You no new hard pull and no new account reported to the bureau. The history of the account will transfer to Flex card with date open as well. I did a similiar thing when PC'ed Citi Double Cash to Custom Cash.

Re: PC from CFU to CFF

Anonymous — Thu, 08 Sep 2022 10:35:46 GMT

@AndySoCal wrote:
@Hoben02 @ptatohed You no new hard pull and no new account reported to the bureau. The history of the account will transfer to Flex card with date open as well. I did a similiar thing when PC'ed Citi Double Cash to Custom Cash.

Right, that's always the tradeoff: the new account penalty (HP if any plus AAoA hit) vs SUB, utility of keeping the original card, and any new account advantage (such as increased CL).

It can obviously go either way, depending on profile and goals, e.g. if you need to be under say 5/24 soon, PC is the way to go

Re: PC from CFU to CFF

Mdowning30 — Thu, 08 Sep 2022 11:38:58 GMT

Exactly the reasoning why i PC'd. I dont want any more uneccessary hits to my scores, plus im already 5/24. I thought this will be a nice upgrade in terms of benefits. I get 1.5% on everything with my Amex Charles Schwab Investor card anyway.

Re: PC from CFU to CFF

elixerin — Thu, 08 Sep 2022 20:04:46 GMT

didnt think making a new thread would warrant the question but to PCed cards do intros just get wasted on those say you close and apply for the same card in the future or even pc from before applying again

Re: PC from CFU to CFF

OmarGB9 — Fri, 09 Sep 2022 04:32:12 GMT

@elixerin wrote:
didnt think making a new thread would warrant the question but to PCed cards do intros just get wasted on those say you close and apply for the same card in the future or even pc from before applying again

Sorry your post is hard to follow.

Re: PC from CFU to CFF

elixerin — Fri, 09 Sep 2022 04:46:36 GMT

@OmarGB9 wrote:
@elixerin wrote:
didnt think making a new thread would warrant the question but to PCed cards do intros just get wasted on those say you close and apply for the same card in the future or even pc from before applying again
Sorry your post is hard to follow.

sorry, i was just wondering that for the cards that you PC to, do you just waste their intros? say in the future you pc to another before applying for the card you PCed from

i just thought once you have the card you are no longer able to receive intro bonuses for the same card again

Re: PC from CFU to CFF

Mdowning30 — Fri, 09 Sep 2022 13:42:54 GMT

@elixerin Yes when you PC you dont get another bonus for the other card.

Re: PC from CFU to CFF

Anonymous — Sat, 10 Sep 2022 01:20:02 GMT

@elixerin wrote:
@OmarGB9 wrote:
@elixerin wrote:
didnt think making a new thread would warrant the question but to PCed cards do intros just get wasted on those say you close and apply for the same card in the future or even pc from before applying again
Sorry your post is hard to follow.
sorry, i was just wondering that for the cards that you PC to, do you just waste their intros? say in the future you pc to another before applying for the card you PCed from

i just thought once you have the card you are no longer able to receive intro bonuses for the same card again

Still not quite sure what you are asking (if the bolded word was "to" I would understand more!) but the basic rules:

1) PC from A to B. Unless it is a special offer (like Amex upgrades) there will be no SUB for B on this transaction.

2) Eventually close or PC B, and at some point apply for B again (non PC this time). Then issuer, card and time dependent. Citi and Chase might put time limits on either how long it is since you had B, or how long since you got a SUB for B or its family. Others might, as you suggest, say no bonus as you have already had the card, even though you didn't get a bonus before.

Re: PC from CFU to CFF

OmarGB9 — Mon, 12 Sep 2022 12:06:38 GMT

@Anonymous wrote:
@elixerin wrote:
@OmarGB9 wrote:
@elixerin wrote:
didnt think making a new thread would warrant the question but to PCed cards do intros just get wasted on those say you close and apply for the same card in the future or even pc from before applying again
Sorry your post is hard to follow.
sorry, i was just wondering that for the cards that you PC to, do you just waste their intros? say in the future you pc to another before applying for the card you PCed from

i just thought once you have the card you are no longer able to receive intro bonuses for the same card again
Still not quite sure what you are asking (if the bolded word was "to" I would understand more!) but the basic rules:
1) PC from A to B. Unless it is a special offer (like Amex upgrades) there will be no SUB for B on this transaction.
2) Eventually close or PC B, and at some point apply for B again (non PC this time). Then issuer, card and time dependent. Citi and Chase might put time limits on either how long it is since you had B, or how long since you got a SUB for B or its family. Others might, as you suggest, say no bonus as you have already had the card, even though you didn't get a bonus before.

This. @elixerin