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how possible is this?

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bigblue7722
Valued Contributor

how possible is this?

I really dont see much of a need for my CSP after the first year. Im not sure when its up probably like 5 months or so but i was thinking i should cancel the card move the 6k limit to my freedom and southwest card making them both over 5k. After i do that, I would like to make them both visa sig cards. Would that work?

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.
Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: how possible is this?

If the cards in question are over 13mos old yes.
Message 2 of 5
-Wade-
Valued Contributor

Re: how possible is this?


@Anonymous wrote:
If the cards in question are over 13mos old yes.

the way i read it the card is only 7 months old

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 3 of 5
boosnark
Contributor

Re: how possible is this?


@bigblue7722 wrote:

I really dont see much of a need for my CSP after the first year. Im not sure when its up probably like 5 months or so but i was thinking i should cancel the card move the 6k limit to my freedom and southwest card making them both over 5k. After i do that, I would like to make them both visa sig cards. Would that work?


The Freedom and CSP work well as a pair so I'd be more inclined to keep the CSP, unless you feel strongly about the Southwest card. Rewards on Freedom can be transferred to the CSP, which, being the Swiss army knife that it is, can be transferred 1:1 to participating airlines and hotels, Southwest included.

Gardening until November 1, 2023
Message 4 of 5
Anonymous
Not applicable

Re: how possible is this?

Yeah Id have kept the CSP over the SW at least for the first year then reapply for it 15 months later to get bonus again.
Message 5 of 5
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