If I downgrade a Chase Sapphire Preferred to Chase Freedom, is the Annual Fee prorated?
I know this question was discussed back in 2016, but there are conflicting answers.
Also how long does it have to stay a CSP to keep the bonus points?
I also asked this in the sapphire forum but this seems to get more traffic recently.
Not sure about the bonus thing. BUT, if you downgrade within 30 days of the fee posting, you get the fee prorated.
To be safe, I'd recommend downgrading 14 days after your annual fee posts, definitely do not recommend getting the card, hitting spend bonus, and downgrading before 12 months of card membership have lapsed.