CSR too soon to cancel?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Nixon
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Re: CSR too soon to cancel?

Postby Nixon » Sat Feb 25, 2017 11:39 am

Taalar wrote:This seems to be why they are getting rid of the 100k. When you screw someone for doing something nice, they stop. When you reward people for doing something they will usually do more of it. This is a great card and if its not for you because of your spending style, you really should not have taken it. You should have gotten the CSP which is a great card too. :beat:


Disagree.

They introduced it with 100K to set it apart from the CSP and as an introductory offer. The CSP had a similar bonus at one time as well and was even churnable at one point.

This was all planned.

The AF is well worth it IMHO if you travel enough to make it work for you. It's even palatable for the once/twice a year vacation crowd with its current benefit set.
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yfan
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Re: CSR too soon to cancel?

Postby yfan » Sat Feb 25, 2017 7:52 pm

Nixon wrote:
Taalar wrote:This seems to be why they are getting rid of the 100k. When you screw someone for doing something nice, they stop. When you reward people for doing something they will usually do more of it. This is a great card and if its not for you because of your spending style, you really should not have taken it. You should have gotten the CSP which is a great card too. :beat:


Disagree.

They introduced it with 100K to set it apart from the CSP and as an introductory offer. The CSP had a similar bonus at one time as well and was even churnable at one point.

This was all planned.

Even if this were all planned, part of that planning may well have been the expectation of exactly OP's types of cases. The planning may well have set a threshold for such behavior to reduce the bonus, or have set a threshold below which they would forego the "planned" reduction also. We don't know. My point is that planning doesn't preclude use based changes to a product. In fact, the best planning always includes contingencies of that type.

MrMosby
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Re: CSR too soon to cancel?

Postby MrMosby » Sun Feb 26, 2017 10:02 pm

Nixon wrote:
Taalar wrote:The AF is well worth it IMHO if you travel enough to make it work for you. It's even palatable for the once/twice a year vacation crowd with its current benefit set.


Yes, this - I wasn't eligible for the bonus points because of 5/24, but I still upgraded my CSP to the CSR.
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kdm31091
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Re: CSR too soon to cancel?

Postby kdm31091 » Wed Mar 01, 2017 7:08 pm

I think it's not very nice to Chase to cancel your account so soon. If you value the relationship I would just hang onto it and maybe downgrade if you don't want to continue to pay the AF.

If you don't care, sure, cancel it, but don't expect Chase to necessarily welcome you with open arms later.

People wonder why banks slash bonuses, cut benefits, etc yet it's not hard to see why. People just milk the benefit and move on....eventually the issuer stops the benefit.

Taalar
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Re: CSR too soon to cancel?

Postby Taalar » Mon Mar 06, 2017 9:06 am

yfan wrote:
Nixon wrote:
Taalar wrote:This seems to be why they are getting rid of the 100k. When you screw someone for doing something nice, they stop. When you reward people for doing something they will usually do more of it. This is a great card and if its not for you because of your spending style, you really should not have taken it. You should have gotten the CSP which is a great card too. :beat:


Disagree.

They introduced it with 100K to set it apart from the CSP and as an introductory offer. The CSP had a similar bonus at one time as well and was even churnable at one point.

This was all planned.

Even if this were all planned, part of that planning may well have been the expectation of exactly OP's types of cases. The planning may well have set a threshold for such behavior to reduce the bonus, or have set a threshold below which they would forego the "planned" reduction also. We don't know. My point is that planning doesn't preclude use based changes to a product. In fact, the best planning always includes contingencies of that type.


pricing at stores takes into account petty theft (yes different because its a crime) and people who purchase, use then return because they don't need it anymore as well. Does not mean its appropriate behavior. His choice, just pointing it out. :rolleyes:
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