To Close or Not to Close?

[shael]

Hi,

My wife and I currently have Chase Freedom (for a while now; two separate accounts) and Chase Sapphire cards (same account). The Freedoms is now dormant since we're using the Sapphire. Should get the Sapphire Preferred tomorrow by mail.

How should I treat the other cards? Close them? Keep them open but not charge against them?

[sky121]

Hi,

My wife and I currently have Chase Freedom (for a while now; two separate accounts) and Chase Sapphire cards (same account). The Freedoms is now dormant since we're using the Sapphire. Should get the Sapphire Preferred tomorrow by mail.

How should I treat the other cards? Close them? Keep them open but not charge against them?

Use the Sapphire except for purchases that will net you 5 points per dollar in the rotating categories.

[Dan]

Open chase checking accounts.

[shael]

That's what we've got - Chase checking accounts, independently (before we were married) and together (now)

[shael]

Use the Sapphire except for purchases that will net you 5 points per dollar in the rotating categories.

Should we keep the other cards open or just close them out, INYO?

[Dan]

Freedom will generally get you more points than sapphire.

[shael]

So SP's biggest plus is in its ability to transfer 1:1 or travel, but otherwise, the regular Joe card is the way to go on purchases?

[Dan]

Sapphire is better for dining and travel related purchases.

[shael]

Thanks, Dan!