Chase Question: Do United and Marriott have free versions?

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astronautcowboy
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Chase Question: Do United and Marriott have free versions?

Postby astronautcowboy » Fri Apr 24, 2015 12:54 pm

I applied for both of these cards within the past year, but I do not intend on keeping either of them due to their yearly fees. However, I am not crazy about the idea of closing recently opened lines of credit either. In the past, Chase advertised free versions of many of their popular premium cards, especially those associated with various hotel or airline brands.

If I decide to close these cards at the end of their first free year, will I have the option to downgrade them to a card without annual fees (and, of course, no special benefits)?


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CarefulBuilder14
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Re: Chase Question: Do United and Marriott have free versions?

Postby CarefulBuilder14 » Fri Apr 24, 2015 6:56 pm

The Chase website gives details for a Marriott Rewards Credit Card (not Premier, which is what most people have). However, when you click the link to apply, it only shows the Premier and the Business cards (both of which have AFs). The rewards structure on the (presumably) no-AF card is 3x at Marriott, 1x everywhere else.

https://creditcards.chase.com/marriott/cardmember/rewards_benefits

It looks like there's no way to apply for the no-AF card, at least as a new account. Maybe you can PC to it after a year, if it's a "legacy" card type that Chase keeps open for some customers long after they stop advertising it and close it to new applications.

I'd say your odds aren't good, though. Chase wants their AFs. If people could switch back and forth freely, only paying the AF when they wanted the free night and extra rewards, I think that would expose Chase and Marriott to big losses.
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Re: Chase Question: Do United and Marriott have free versions?

Postby rockyrock » Sat Apr 25, 2015 8:29 am

I would just call and ask when you are ready to do PC. Tell them you like the cards and the reward programs but are interested in cards with no AF. Most issuers have removed the no AF versions of popular cards from their websites but many still offer them.
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Re: Chase Question: Do United and Marriott have free versions?

Postby jcarte29 » Sat Apr 25, 2015 3:12 pm

Would Chase not entertain the idea of just waiving the AF in order to keep you as a customer? I would think the leverage would be high on our end (I'm over 5 years a Chase customer now), these aren't exactly starter cards for those with average credit.
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Re: Chase Question: Do United and Marriott have free versions?

Postby CarefulBuilder14 » Sat Apr 25, 2015 5:51 pm

Chase isn't as flexible as other issuers when it comes to waiving AFs.

Amex certainly has a reputation for waiving fees (or, technically, offering loyalty bonuses or "statement credits" in the amount of the AF) if a person spends a lot of money on a card - in the vicinity of $20k-$30k a year for PRG. It would be fairly strange for someone to spend $30k on a PRG and not get at least a $100 credit from Amex. 20k or 25k MRs would be more likely.

With Chase (CSP for example), someone spending $30k would be lucky to get even a $25 or $50 credit. Chase doesn't make as much per dollar in swipe fees as Amex, so they are more dependent on AFs.

I'm not saying it's impossible to get the AF waived - just that you need to spend a lot on it to have leverage. Of course, if you're spending that much money, it's a much better deal to just get the Ritz-Carlton card and not bother with the Marriott Premier. If you stay at R-C or Marriott a lot and can spend $10k a year on the R-C card, it's a pretty good value since you get Gold status*. You'd have to spend several times that much to get Gold status via the Marriott Premier.

*Edit: Gold status, some airport lounge access, the $300 travel credit, great customer service, etc...lots of good stuff for the $395 AF.

2nd Edit: Does anyone know if the $100 2-night credit on R-C just applies to R-C brand hotels - or also to Marriott brand properties? The card terms only specify that it applies to "participating hotels".
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Re: Chase Question: Do United and Marriott have free versions?

Postby takeshi » Mon Apr 27, 2015 9:27 am

I'm not aware of any you can app for but a FlyerTalk user PC'ed to a non-AF MileagePlus card.

astronautcowboy wrote:However, I am not crazy about the idea of closing recently opened lines of credit either.

Why is that? Chase's only concern is if it appears that you're churning cards for sign up bonuses. From a general credit standpoint it's really no big deal. Closed accounts will continue to show up on your reports and factor into AAoA.



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