Newbie here.
I only have a Chase Sapphire Preferred with bonus posted Feb 2020.
I want to have my spouse sign up for the card so we can get a bonus + referral. However, we don’t want to pay 2 annual fees, so I plan to downgrade my card.
My question is related to the Freedom cards, then. I currently have a “pre approval” on my Chase account for both Freedoms.
Can I apply for the Freedom to get the bonus and then downgrade to that same Freedom after the referral bonus posts and points are transferred to spouse’s account? What order should I do all this in or is there a better way to downgrade and still get Freedom bonus?