Author Topic: Downgrading Chase Sapphire Preferred to Chase Sapphire  (Read 2989 times)

Quinn

  • Guest
Downgrading Chase Sapphire Preferred to Chase Sapphire
« on: August 30, 2015, 03:13:53 PM »
.
« Last Edit: August 10, 2021, 10:17:00 AM by acorn »

Rosy

  • Magnum Stache
  • ******
  • Posts: 2588
  • Location: Florida
Re: Downgrading Chase Sapphire Preferred to Chase Sapphire
« Reply #1 on: August 30, 2015, 03:37:59 PM »
I don't know the answer, but I have seen discussions on this topic over at the doctorofcredit  site. Just do a quick search and you should find the right thread.

BikeFanatic

  • Pencil Stache
  • ****
  • Posts: 664
Re: Downgrading Chase Sapphire Preferred to Chase Sapphire
« Reply #2 on: August 30, 2015, 06:46:26 PM »
I have done it and once downgraded there are foreign transaction fees, but no annual fee.

Quinn

  • Guest
Re: Downgrading Chase Sapphire Preferred to Chase Sapphire
« Reply #3 on: August 30, 2015, 07:03:07 PM »
I have done it and once downgraded there are foreign transaction fees, but no annual fee.

Do you still have access to ultimate rewards?

Psychstache

  • Handlebar Stache
  • *****
  • Posts: 1269
Re: Downgrading Chase Sapphire Preferred to Chase Sapphire
« Reply #4 on: August 30, 2015, 07:44:05 PM »
I have done it and once downgraded there are foreign transaction fees, but no annual fee.

Do you still have access to ultimate rewards?

Yes, but only for 1:1 cash. You need preferred to do airline partner transfers.

Quinn

  • Guest
Re: Downgrading Chase Sapphire Preferred to Chase Sapphire
« Reply #5 on: August 30, 2015, 08:26:14 PM »
I have done it and once downgraded there are foreign transaction fees, but no annual fee.

Do you still have access to ultimate rewards?

Yes, but only for 1:1 cash. You need preferred to do airline partner transfers.

Got it thanks!