I love credit cards so much! v3.0 (see first page for add'l details)

[elgerber]

I had asked this awhile ago, and didn't really get an answer, but now I need to ask again. I booked our Hawaii flight with UR's. That card is going to have the annual fee due and need to be cancelled before the trip takes place.
1. If we take the flight, does it matter that the UR account to purchase those flights with is closed? I don't think I will even be able to see the reservation if it's closed.
2. If we have to cancel, lord I hope not, what happens to the refund if that UR account is closed?
I do have other UR's, just under a different account.

With all the closing CIP chat going on (I didn't leave myself enough CL to PC mine :-( ) I thought I'd throw this question out again, to see if anyone has an answer?

 

[jenmsmith]

So currently Chase offers a CIC, CIU and CIP. Each of those cards has distinct benefits such as:

• CIC: 5x URs at Office Stores with a 50k annual cap
• CIP: Ability to transfer URs to travel partners
• CIU: 1.5x URs everywhere

Additionally, if Chase were to introduce a new Biz Card - let's say it's a CIR (Chase Ink Reserve) with some super special benefit, somebody might want that card. Another thing to consider is at times cards are discontinued, the Chase Ink Plus is a perfect example of that. If Chase were to discontinue the CIC card, having one open might grandfather you into it's benefits for the foreseeable future.

IF it truly is the end of getting approved for new Chase Biz cards whatever you have open now is what you're going to have. If you have 1 card open...you can only have 1 of the above. If you have 2 cards open, you can have 2 of the above, etc. If you only have 3 and you close one...you no longer can hold one of each, bummer!

To take it one step further, for example, if I have 4 Biz cards open, I might PC 1 of them to a CIU and the other 3 to CICs (now I can earn 5x URs on up to $150k a year at office stores). So this avoids all annual fees and gives me the best possible earning potential across the board. If I don't hold a CSP, I have effectively lost the ability to transfer URs to partners and the 1.25x travel portal. So when I want access to that I just PC one of my CICs to a CIP and regain that capability.

This is a hard concept to relay in writing since everybody's situation is so different. So for now I just tried to put a moratorium on people cancelling biz cards until they can evaluate their personal situation. Credit limit will become another consideration in all of this and I might share some thoughts on that later.

Ah, thank you. So, if you PC say a CIP to CIU and later want the benefits of a CIP, you can PC back even if you wouldn’t be able to have a successful application for a CIP?

 

[SouthFayetteFan]

Ah, thank you. So, if you PC say a CIP to CIU and later want the benefits of a CIP, you can PC back even if you wouldn’t be able to have a successful application for a CIP?

Exactly! Keeping cards open gives you PC options later. Same can be said about PCing a CSP or CSR to a CF to keep it open.

 

[SouthFayetteFan]

With all the closing CIP chat going on (I didn't leave myself enough CL to PC mine :-( ) I thought I'd throw this question out again, to see if anyone has an answer?

Do you have any other biz cards open at all?

 

[elgerber]

Do you have any other biz cards open at all?

Yes there are 3 total.

 

[SouthFayetteFan]

Yes there are 3 total.

Just shift CL around so the CIP has a $5k CL then do a PC to a CIC or CIU. (Hopefully I got the situation correct - trying to infer from the multiple comments what needs to happen )

 

[Grumpy's Gal]

It’s crazy how some names we think are easy people get wrong...my son is Keith...but people sometimes spell it Kieth ..

i before e except when your foreign neighbor keith receives eight counterfeit beige sleighs from feisty caffeinated weightlifters. weird!

 

[amcc]

I think I’ve been inspired to PC a CIP to a CIC. The CIC also gives 2% back on gas -
none of my other cards have gas as a bonus category.

 

[elgerber]

Just shift CL around so the CIP has a $5k CL then do a PC to a CIC or CIU. (Hopefully I got the situation correct - trying to infer from the multiple comments what needs to happen )

I may send you a PM i. The am when I have a real keyboard

 

[wendow]

With all the closing CIP chat going on (I didn't leave myself enough CL to PC mine :-( ) I thought I'd throw this question out again, to see if anyone has an answer?

Same here. I’ve always dropped the CL as soon as spend was met.

 

[Albort]

I think I’ve been inspired to PC a CIP to a CIC. The CIC also gives 2% back on gas -
none of my other cards have gas as a bonus category.

Alternatively, u can use CIC, go to staples/Office Depot and buy a gas gift card for 5% back...

 

[Minnie368]

Just an FYI for anyone who may be interested- I was able to pull a 150,000 SUB offer for the Hilton Surpass card incognito tonight. Maybe that’s not uncommon but I’ve never seen it that high. Seems like a good SUB for a $95 AF card. Still trying to figure out the next move for both me and DH.

 

[mmmears]

DH's CIP just posted the AF. Anyone think it's better to keep a CIP or is there an advantage to switch over to a CIU? (He already has a CIC).

ETA - He also has a CSR, so gets the 1.5x URs (for now).

 

[SouthFayetteFan]

DH's CIP just posted the AF. Anyone think it's better to keep a CIP or is there an advantage to switch over to a CIU? (He already has a CIC).

ETA - He also has a CSR, so gets the 1.5x URs (for now).

I’d PC it to a CIU or 2nd CIC. With a CSR already open I can’t really figure out a reason to keep a CIP open.

 

[mmmears]

I’d PC it to a CIU or 2nd CIC. With a CSR already open I can’t really figure out a reason to keep a CIP open.

Thanks. That's what I was thinking, too, but I thought there might be some great feature I forgot about. Guess now.

 

[punkin]

Same here. I’ve always dropped the CL as soon as spend was met.

My CL right now on CIP are in the 1-2k range, but I have about 7k on southwest biz. I might move those around.

 

[afan]

In case anyone is looking for a new cookbook - The One With All the Recipes. Doesn't seem the trifle recipe is in it though

 

[ten6mom]

So with all the PCing talk, I will see what the conventional wisdom is now.

CIP AF is coming due on 5/30 or so and I have already dropped the CL.

I will have other opportunities in the coming months to PC other cards.

The only other Chase card I have right now is the Freedom, and I am currently 2/24.

What should I do with this CIP?

 

[amcc]

Alternatively, u can use CIC, go to staples/Office Depot and buy a gas gift card for 5% back...

True true and a great way to get 5% back on anything they sell a gift card for. That 5% is powerful. That’s what I do for Amazon but I don’t think of it for gas. Part of the problem is not being loyal to any gas station plus we have a bunch of small brand gas stations that are pretty low price. It doesn’t help that tons of the office supply stores in Miami have shut down.

 

[miztressuz]

With Chase biz cards possibly being off the table for now I'm wondering about the other brands out there and how to prioritize. Any thoughts on which cards are easier to get and possibly less sensitive to inquiries and new accounts? Or the opposite- the ones who are more sensitive to those things? Just thinking I'd like to go for the cards with tougher approvals first and save the cards that may be easier for down the road.

There's a flowchart that r/churning generated that discusses a bit order of acquisition based on factors you mentioned as some food for thought:

https://www.reddit.com/r/churning/comments/e00z51

That said, it was generated in a different era. We're in the beginning of a new era and some things may change. Something that was easy may be hard by the time you want it (look at our CIP woes) But for now, for the most part, it should be fairly accurate. It's more suggestions for order of cards rather than a step by step guide, but there's a bit of explaining the rationale of the order that could be helpful.

CIP--> CIC or CIU.
CSR/CSP --> CS or CF or CFU
Ritz -->Bonvoy
UA(any) --> UA no fee card.
DisneyPremier --> Disney(i think)

IHG/Hyatt/SW/BA/others-->NA

IHG has an option now since there's two active cards. The Traveler card has no AF now but I did see a single DP of someone being told it would have the $30 AF when trying to PC to it. I think HUCA was probably in order on that one, unless someone has heard something I haven't.