Chase Sapphire Reserve Downgrade Preferred

I downgraded my reserve to a preferred and i m keeping it that way i still think the chase sapphire preferred is one of the single best overall cards on the market.

Chase sapphire reserve downgrade preferred.

Earn 80 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening. Folks like reader shirley who have the sapphire preferred and sapphire reserve cards can consider downgrading the sapphire preferred to a no annual fee card. However if you downgrade a chase sapphire reserve or preferred card to a chase freedom or freedom unlimited card you will lose the ability to transfer those points to hotel and airline partners unless you have another fully transferable ultimate rewards earning card like the ink business preferred credit card. It s been back in my wallet and staying put.

That s 1 000 toward travel when you redeem through chase ultimate rewards. This way you can save 95 a year by not having to pay the sapphire preferred annual fee. This is the one sapphire card you can t apply for online or even in branch and can only get via a downgrade product change. Chase sapphire preferred card.