Hey all,
I accumulated a number of points with Chase Sapphire Preferred and had initially signed up to take advantage of the travel bonus point spend ratio (but I don't think I actually ended up using any points for travel, ironically).
In any case, before I downgrade when my annual fee is due in July, is there anything I can and should take advantage for as far as redeeming points? It seems like the only thing to take advantage of is booking a flight, etc somewhere. Also, what would happen if I did book a flight with the points (say in November 2017) and then I downgrade the card in July? Will that screw things up and forfeit the transaction/points?