To PC or apply. That is the question

[Anonymous]

I have the BCP now. The spend is high enough to cover the AF, but I'm considering switching it to the BCE. Would it be better to just PC it down, or to apply for the BCE and close this one after transferring the available credit on the card? Would I be eligible for the SUB?

[simplynoir]

Depends on whether you think the $250 SUB (plus $75 if you self-refer) is enough on the BCE to take the new account hit while assuming you never had the SUB on the BCE to begin with to be eligible. If you spend enough to more than break even on the BCP no need to downgrade it unless you simply don't want to pay the AF anymore. Perhaps close it if you don't want the card with a BCE app/approval; will still report up to 10 years anyways.