Earn 80 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening.
Chase sapphire reserve downgrade preferred.
This way you can save 95 a year by not having to pay the sapphire preferred annual fee.
Downgrading to a no fee chase card another option is to downgrade your chase sapphire reserve to a different chase card that has no annual fee the chase slate the chase freedom no longer open to new applicants or the chase freedom unlimited.
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.
That s 1 000 toward travel when you redeem through chase ultimate rewards.
It s been back in my wallet and staying put.
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 preferred card.
You can downgrade the chase sapphire preferred to the no annual fee version of the sapphire.