I opened a Chase Sapphire Reserve in January 2017 and a Chase Sapphire Preferred in July 2017. I'd like to close the CSR before I am hit with the annual fee, but I am wondering what the best strategy is re: points. I can transfer them to the Sapphire Preferred but will have the same problem in July when I want to close that account.
I spend the majority of my points booking flights on Southwest. However, my wife is going to have a companion pass this year and next, so it seems like we'll be booking reservations on her account with her points (she has about 135k from flights and two sign up bonuses) for the next two years. I also have trouble figuring out what our annual points usage is on Southwest, and if she'll need more points to book our travel and I should figure out a way to transfer them to her.
Thoughts on what my options are? I could get a Chase Freedom and transfer everything to that. I don't think I'm at 5/24 right now.