Chase SapphirePreferred® Card (look Fees and fees) It’s one of our favorites Travel credit cards TPG currently offers a limited-time bonus of 100,000 ultimate reward points after spending $5,000 on purchases in the first three months of opening an account.
This card is worth it Track the ultimate reward Points provide access to some things Best hotels and airline forwarding partners. You can also earn the ultimate reward points Chase Sapphire Reserve® (look Fees and fees)and Ink BusinessPreferred® Credit Card (look Fees and fees).
The ultimate reward points are flexible as you can determine when and where points are transferred, and how many points are transferred. For example, you might transfer some points The Hyatt World Just 3,500 points or Air Canada’s Aero Plan Program Book 60,000 points for business class flights to Europe.
However, if you are thinking of downgrading your Chase credit card, here are some important steps to consider before doing so.
Things to consider before downgrading your chase card
If you currently have a Chase Sapphire card, you may be considering downgrading it to a once-a-year Fee Chase card. Chase FreedomUnlimited® (look Fees and fees)or ChaseFreedomFlex® (look Fees and fees), protect your credit history and win welcome offers.
But if you’re looking for Get a tracking welcome bonusPlease note that if you currently have that card in your wallet or have won a bonus on it in the last 48 months, you cannot.
If you still decide to downgrade your card, your ultimate rewards account will remain active, but it is important to note that you can only If you have an Active Sapphire Card or Active Ink Business Priority Card, transfer the ultimate reward points to your travel partner.
Related: A complete guide to changing your downgrade and product to welcome the Chase Sapphire card bonuses
So, if you downgrade your Chase card to one of your Freedom cards, the Ultimate Rewards Platform will redeem it at a discounted trip or cashback discount or cashback rate. However, you will lose the ability to transfer points to your airline or hotel partners.
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Therefore, if you have a favorite loyalty program to book regularly, we recommend that you transfer tracking points before downgrading your card. For example, you can move points to Air Canada’s aeroplan Bookstar Alliance Partner Flight. Please know that the transfer is irreversible. Be sure to check before transferring your reward.
If you don’t want to transfer points before the downgrade, you can also redeem the points. A chased trip℠ If there is a sapphire reserve, it will be 1.5 cents per point, and if sapphire is preferred, it will be 1.25 cents per point. However, using Transfer Partners will give you a much greater redemption value as your TPG value was 2.05 cents per point in April 2025. evaluation.
Conclusion
in Chase Sapphire Priority Card After spending $5,000 on purchases in the first three months of opening an account, we recommend reevaluating your card lineup by offering a limited-time bonus of 100,000 ultimate reward points.
If you downgrade your Sapphire Card and have a favorite transfer partner (aka frequently used ones), consider transferring the ultimate reward balance to that partner (or multiple). When using a forwarding partner, it’s easy to get a value of 1 cent or more per point.
Otherwise, you will need to wait until your sapphire or ink business card is approved again before transferring the ultimate reward points.
