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CSP

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Anonymous
Not applicable

CSP

Got approved for CSP for 10k limit. Gonna be using this card for an upcoming trip to hit the bonus.

 

Anyone know if there's any downgrade path other than CF and CFU?

Message 1 of 12
11 REPLIES 11
M_Smart007
Legendary Contributor

Re: CSP

Congrats!

Message 2 of 12
mikesonthemend
Valued Contributor

Re: CSP

Well done. Congrats!




Living through Darwinism is so much worse than learning about about it in school.
Message 3 of 12
AllZero
Mega Contributor

Re: CSP

Congratulations on your approval!

Message 4 of 12
Aim_High
Super Contributor

Re: CSP

Congrats on the approval!

CSP is a great card to keep for most people, even with the AF.

But do your own calculations about the value.

 

Yes, you can downgrade to CF or CFU.  But there is another option.

 

While you can't apply for the basic (old) "Sapphire" card (with no AF), word is that Chase will let you downgrade to it. This card will still earn 2X on dining and travel but it's only travel booked through the Chase UR portal, not the wider definition of travel on the CSP/CSR.  You also won’t get the full set of benefits (like primary rental car insurance) and you’ll be subject to foreign transaction fees.  (You get secondary rental car coverage and lesser protections on other travel.)  Also, one of the biggest perks that you lose is the ability to transfer your Ultimate Rewards to travel partners.  And you won't get the 25% bonus for travel redemptions through Chase UR portal earned on CSP; points earned are just worth 1 ccp.

 

   Chase_Sapphire.jpg   Chase_Sapphire_Preferred.jpg   9CSR.jpg

 


Business Cards


Length of Credit > 42 years; Total Credit Limits > $947K
Top Lender TCL - Chase 156.4 - BofA 99.9 - CITI 97.5 - AMEX 95.0 - NFCU 80.0 - SYCH - 65.0
AoOA > 32 years (Jun 1993); AoYA (Oct 2024)
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
Message 5 of 12
Anonymous
Not applicable

Re: CSP

Congrats on your CSP approval!

Message 6 of 12
Anonymous
Not applicable

Re: CSP

CONGRATS!

Message 7 of 12
Marz2002
Senior Contributor

Re: CSP

CONGRATS  on your Chase Sapphire Preferred approval!

AMEX BCP $8K | AMEX Cash Magnet $15K | Citi DoubleCash WEMC $15.2K | Citi Rewards WMC $15.5K | Citi Costco VS $12K
Citi Custom Cash WEMC $7.8K | Synchrony (PayPal Credit $6K, Care Credit $15K, & PayPal 2% MC $10K, VENMO VS $6.5K)
PNC Cash Rewards VS $10.5K | NFCU cashRewards VS $14K | NFCU More Rewards AMEX $37.5K | NFCU Flagship Rewards VS $23K
Discover IT $22.5K | BB&T Cash Rewards $4.5K | Macy's AMEX $25K | Bloomingdales AMEX $20K | Apple Card WEMC $9K
PenFed Power Cash Rewards VS $7.5K

Total CL - $284K+
Message 8 of 12
gdale6
Moderator Emeritus

Re: CSP

Grats on your new CSP Smiley Happy

Message 9 of 12
Traveler101
Established Contributor

Re: CSP

Congrats!
Message 10 of 12
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