topic Re: PC from CSP to CFF? in Credit Cards

PC from CSP to CFF?

MachoHombre — Wed, 22 Feb 2023 17:52:51 GMT

Wondering if I can Product Change from my Chase Saphire Preferred to Chase Freedom Flex?

Ramble:

Have had the CSP for a few years, I'm not in the Chase ecosystem, hence it only gets the occassional swipe (typically for personal rental car). While not a high Annual Fee, the $95 does not pencil out for *me*.

It's my only Chase product, I'd like to keep a toe in the water with them so I'm hoping to change to a card that will keep my engaged with them, without creating a new account and no AF. The Flex seems like it might be a decent choice and I'd swipe it at least occassionally when the calendar incentives line up.

Any wisdom appreciated. BTW just paid my rewewal (Feb statement) on the CSP.

Re: PC from CSP to CFF?

Yasselife — Wed, 22 Feb 2023 18:17:11 GMT

Sounds like a good strategy. I have done it many times, @MachoHombre

Re: PC from CSP to CFF?

SweetCreditObsession — Wed, 22 Feb 2023 23:37:24 GMT

I don't think it'd be a problem.

I understand not wanting to pay an annual fee, especially for a card you don't use often.

You can get a solid answer by reaching out to Chase..even via chat.

Keep us posted on what you opt to do. Best wishes!

Re: PC from CSP to CFF?

805orbust — Thu, 23 Feb 2023 00:40:04 GMT

Make it happen. The FF is a great card. One of my faves for the cash back. Easy peasy. PLUS you won't have to think about that AF again. I'm all for simplicity.

Re: PC from CSP to CFF?

WasteMgmt — Thu, 23 Feb 2023 16:00:33 GMT

Should easily be done by a call or through the online messaging center. Seen multiple ppl do it and I plan on doing the same this summer.

Re: PC from CSP to CFF?

SpaceCityCCuser — Thu, 23 Feb 2023 16:08:19 GMT

They will probably have to issue you a new card number, switching from Visa to MC, so keep that in mind. Might loose your history. But I've seen many DPs stating this is possible. I think the only PC rule with Chase is you can only PC within the same family of cards, in this instance personal UR cards.

Re: PC from CSP to CFF?

Janneman — Thu, 23 Feb 2023 22:13:47 GMT

Don't know its called PC or relocation of CL, but I tried to relocate entire CL from my Sepphire to ny Freedom card, and close out Sepphire card, Representative said that they can do it...no problem but I would lose $1k limit as this much has to be left on Sepphire when closing out.

Now, PC might be different wherein you could be able to relocate whole CL to the card that you are looking for. On many other sites its suggested that you could ask for PC to Freedom original...I think so...

Re: PC from CSP to CFF?

ptatohed — Fri, 24 Feb 2023 00:07:46 GMT

$95 is not a high annual fee?

Re: PC from CSP to CFF?

Janneman — Fri, 24 Feb 2023 00:16:35 GMT

@ptatohed wrote:
$95 is not a high annual fee?

to ME.. its

Re: PC from CSP to CFF?

MachoHombre — Wed, 01 Mar 2023 17:02:32 GMT

@SpaceCityCCuser wrote:
They will probably have to issue you a new card number, switching from Visa to MC, so keep that in mind. Might loose your history. [snip]

Ah, that might be a good point. So what negatives are in play if I have to get a new card number? Does the change from Visa to MC mean a new account number -and if so does this mean I lose history and perhaps affects CRA/credit score. hmmm..... Not worth a new account on my credit report.

**Any wisdom appreciated.

Re: PC from CSP to CFF?

OmarGB9 — Wed, 01 Mar 2023 17:38:19 GMT

@MachoHombre wrote:
@SpaceCityCCuser wrote:
They will probably have to issue you a new card number, switching from Visa to MC, so keep that in mind. Might loose your history. [snip]
Ah, that might be a good point. So what negatives are in play if I have to get a new card number? Does the change from Visa to MC mean a new account number -and if so does this mean I lose history and perhaps affects CRA/credit score. hmmm..... Not worth a new account on my credit report.

**Any wisdom appreciated.

I don't think you'd lose account history, even if they close the TL/open a new one because of the network switch. Usually they just transfer over history. The account number will for sure change since they're completely different BINs.

Re: PC from CSP to CFF?

TimFlorida — Wed, 01 Mar 2023 20:22:38 GMT

@MachoHombre wrote:
@SpaceCityCCuser wrote:
They will probably have to issue you a new card number, switching from Visa to MC, so keep that in mind. Might loose your history. [snip]
Ah, that might be a good point. So what negatives are in play if I have to get a new card number? Does the change from Visa to MC mean a new account number -and if so does this mean I lose history and perhaps affects CRA/credit score. hmmm..... Not worth a new account on my credit report.

**Any wisdom appreciated.

I PC'd a Slate (Visa) to a Freedom Flex (MC). The card number changed but all other account history carried over. No new account on credit report.

Re: PC from CSP to CFF?

SpaceCityCCuser — Wed, 01 Mar 2023 21:23:04 GMT

@TimFlorida wrote:
@MachoHombre wrote:
@SpaceCityCCuser wrote:
They will probably have to issue you a new card number, switching from Visa to MC, so keep that in mind. Might loose your history. [snip]
Ah, that might be a good point. So what negatives are in play if I have to get a new card number? Does the change from Visa to MC mean a new account number -and if so does this mean I lose history and perhaps affects CRA/credit score. hmmm..... Not worth a new account on my credit report.

**Any wisdom appreciated.
I PC'd a Slate (Visa) to a Freedom Flex (MC). The card number changed but all other account history carried over. No new account on credit report.

I have never done that so I couldn't answer that question. Thanks for sharing your experience.

Re: PC from CSP to CFF?

MachoHombre — Sat, 04 Mar 2023 00:58:31 GMT

Well, now a bit of drama...

As I was getting ready to PC my CSP to the CFF

..when I logged in, I see a new shiny offer:

-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Sighhhh, so now I need to decide if I want to accept this? ...and the ramifications of getting out of the CSP if I do.

[x] $200 free dollars is hard to pass up ....but at the same time I'm not sure I want the drama of a new account on my report and I'd still holding the CSP (which my whole reason to PC was to get out of the CSP annual fee)

[x] $10K CL offered is well below my CSP credit line, wondering if I took this offer, could I move my CSP line (or the majority of it) to the FLEX card and then close my CSP?

[x] I'll probably forget this offer and just do my original plan, but I'll think about it for a bit for a day or two.

I'm on a great streak with no new accounts and I'd hate to blow that. However, 200bucks and potentially a $30K CL (if allowed to transfer the CSP before I close it) is tempting.

Any wisdom appreciated, .....there are likely things I haven't thought of.

Ramble: I rarely get offers from Chase, other than promos to open savings/checkings. Never have had a CC offer. I can't help but wonder if they knew I was googling info on the FLEX card (last week) and never applied. Marketing is getting very clever in today's world.

Re: PC from CSP to CFF?

SpaceCityCCuser — Sat, 04 Mar 2023 02:37:16 GMT

@MachoHombre wrote:
Well, now a bit of drama...
As I was getting ready to PC my CSP to the CFF
..when I logged in, I see a new shiny offer:
-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*
-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*
Sighhhh, so now I need to decide if I want to accept this? ...and the ramifications of getting out of the CSP if I do.
[x] $200 free dollars is hard to pass up ....but at the same time I'm not sure I want the drama of a new account on my report and I'd still holding the CSP (which my whole reason to PC was to get out of the CSP annual fee)
[x] $10K CL offered is well below my CSP credit line, wondering if I took this offer, could I move my CSP line (or the majority of it) to the FLEX card and then close my CSP?
[x] I'll probably forget this offer and just do my original plan, but I'll think about it for a bit for a day or two.
I'm on a great streak with no new accounts and I'd hate to blow that. However, 200bucks and potentially a $30K CL (if allowed to transfer the CSP before I close it) is tempting.

Any wisdom appreciated, .....there are likely things I haven't thought of.

Ramble: I rarely get offers from Chase, other than promos to open savings/checkings. Never have had a CC offer. I can't help but wonder if they knew I was googling info on the FLEX card (last week) and never applied. Marketing is getting very clever in today's world.

Do you have a CFU? You could downgrade to the CFU and that is a visa so you would keep the same card number. Plus, the 5% on grocery is also an amazing SUB, up to 12k spend in the first year. (thats $600 more) Add that to the the $200 for $500 spend.