@Anonymous wrote:Just a heads up as well, when I PC'd down (technically I combined my existing CSP limit with my Chase Freedom and then PC'd to Chase Freedom Flex for that new line) they didn't give me the full line I previously had. Instead they kept $500 applied to the now-closed CSP account. After numerous conversations it sounds like since I didn't wait 60 days between my last charge on the CSP that $500 has to remain tied to the closed account...forever... and any increase request on the open account would of course be a hard pull.
Chase has been far and away the least pleasurable credit issuer I've dealt with... just make sure you read the fine print on their pieces.
So to reallocate the full credit limit from a CSP to a Freedom-line card, you have to have no transactions post or charges for at least 60 days prior? Does this count the annual fee? I would imagine this is when most people would decide to make a change to their CSP is when the AF posts, myself included. I don't have another option to downgrade except for the basic sapphire, I already burned my PC from Freedom to Freedom Flex to pick up 3% CB on dining, doh!
@fatcomic wrote:
@Anonymous wrote:Just a heads up as well, when I PC'd down (technically I combined my existing CSP limit with my Chase Freedom and then PC'd to Chase Freedom Flex for that new line) they didn't give me the full line I previously had. Instead they kept $500 applied to the now-closed CSP account. After numerous conversations it sounds like since I didn't wait 60 days between my last charge on the CSP that $500 has to remain tied to the closed account...forever... and any increase request on the open account would of course be a hard pull.
Chase has been far and away the least pleasurable credit issuer I've dealt with... just make sure you read the fine print on their pieces.
So to reallocate the full credit limit from a CSP to a Freedom-line card, you have to have no transactions post or charges for at least 60 days prior? Does this count the annual fee? I would imagine this is when most people would decide to make a change to their CSP is when the AF posts, myself included. I don't have another option to downgrade except for the basic sapphire, I already burned my PC from Freedom to Freedom Flex to pick up 3% CB on dining, doh!
When I called to close my CSP and requested to move my $7,700 limit to my Amazon, I was told that I had to leave $1,095 on the CSP. I had no activity on the card for at least 90 days.
For clarification, Chase doesn't allow the full credit line to carry over when accounts are combined. What you two are describing is a completely different scenario from what the OP would be requesting. With a simple product change, there is never an adjustment to the credit line.
OP, as stated before if you can qualify for a new CSP that's likely a much better option as the SUB is worth at least $1000. If not, or if you would rather not open a new account, then as long as your card is at least one year old yes you can call and PC to a CSP with no issue.
