I opened up a Chase Sapphire Preferred a year ago in June, but I have decided I don't want to renew it again.
So, I know its better to downgrade the Chase Sapphire Preferred to a Chase Freedom Card.
But, I'm not sure when I'm supposed to downgrade it.
Am I supposed to downgrade it before I get charged another annual fee? Or, wait until I get charged another annual fee, and then downgrade it within 30 days?
I looked at other threads, and both answers were given.
And, I already have a Chase Freedom Visa with Ultimate Reward Points. So, does that mean I can only downgrade to the Chase Freedom Flex or Unlimited because you can't have 2 Chase Freedom Visa with Ultimate Reward Points cards