Good morning all
I'm thinking about getting a Sapphire Preferred, which would be my first travel credit card but I have some questions.
1. Is the 40,000 pts sign on bonus
still in effect? Can points be redeemed for cash back on CSP? Can I withdraw $3000 on the card, deposit the cash in my checking account, and then pay it off, would that work?
2. How does transferring Ultimate Rewards points work? I have a Freedom right now and a bunch of points sitting on it. Can I transfer pts from CSP to Freedom and then redeem for cash? Can I use Freedom for the 5% bonus points, transfer to CSP, get the 7% dividend, then transfer back to Freedom and redeem for cash? (Of course none of this would be possible if points can't be transferred).
3. What's the auto pay system like on CSP? Is it the "Blueprint Full Pay" nonsense where it does not pay your monthly bill in full?
4. In the future if I no longer want my Freedom, can I combine the two card's credit limits? Or can I just ask Chase now to change my Freedom to a CSP? Will the sign on bonus still apply if they switch my card?
Any other things I should know before applying? Any input is welcome. Thanks!