Can You Convert Chase Sapphire Preferred To Reserve
Are you debating whether to get the chase sapphire preferred or the chase sapphire reserve.
Can you convert chase sapphire preferred to reserve. I actually considered that but a few months ago i was denied when i applied for the freedom due to too many accounts opened. What many people don t realize is that you can transfer chase points from one of your cards to another meaning that my entire stash of chase points could be moved to my sapphire reserve and. Specifically you can transfer chase freedom points to the chase sapphire reserve ultimate rewards account. Fwiw i have three accounts with chase.
We break down the two cards to so you can decide which is best. Unfortunately many people aren t able to get the chase sapphire reserve because of chase s 5 24 rule if you ve gotten more than 5 cards in the past 24 months you won t be approved for most chase cards. Your card needs to have been open for at least 12 months before a product change of this type is allowed no hard pull is done you keep your credit history and your chase 5 24 status is not changed either. I m well over 5 24.
The chase sapphire preferred can t compete with the reserve when it comes to perks such as the annual travel credit and the return on bonus category spending but this card still could make more sense for you. Csp chase amazon rewards and chase. Yes you can upgrade from chase sapphire preferred to chase sapphire reserve by phone dial the number on the back of your existing chase credit card or online through a secure message in your. Highlights earn 80 000 bonus points.
Having the chase sapphire reserve lets me redeem ultimate rewards points to book travel via the chase travel portal at a value of 1 5 cents per point vs 1 2 cents per point with sapphire preferred. If you now want to apply for the chase sapphire preferred card for its 80 000 point bonus after you spend 4 000 on purchases in the first 3 months after account opening you must first downgrade the sapphire reserve. It s also important to remember that chase freedom chase freedom unlimited chase slate cards can all be upgrade to the chase sapphire preferred reserve cards.