They also just launched an intro offer on the Freedom Flex Mastercard, with a 20K signup bonus, plus up to 60K points on grocery spending, for another potential 80K points. You can read more about the offer here.
I opened a Sapphire Reserve card back when it launched in August 2016 with an intro 100K bonus. I was also able to get the JPMorgan Reserve card in March 2017 with a 100K bonus thanks to a childhood friend who worked at JPMorgan, so I downgraded the Sapphire Reserve to a Freedom card.
I checked the old statements of that downgraded Freedom card online and saw that I earned the 100K bonus on 9/19/16, so I was now eligible for another Sapphire card bonus as it has been 48 months since I earned that bonus.
And as long as I was applying, I figured I’d add on the Freedom Flex as an application in another browser at the same time, so that there would be just one credit pull for both applications.
Both applications came back as pending.
You can call Chase to get a pending application reconsidered, but I decided to wait it out and see what would happen.
Several days later, I got a call from Chase asking about my card applications. Specifically, why was I applying for the 2 new cards, given my 13 existing Chase cards.
I explained that I was intrigued by the value of the new Flex card and its new bonus categories, as well as having a Mastercard and that I decided to add a Sapphire card back to my portfolio based on the strong card offer.
I expected the agent to ask me to close 2 existing cards to get approved, but she only asked if I would be willing to shift the credit lines over from another card. The Freedom card needed a $500 line to open and the Sapphire card needed a $5,000 line to open.
I said sure, directed which lines to move over, and was approved for both cards on the spot.
I guess I should have tried for 3 cards 😀
My current Chase card lineup is:
- Chase Freedom: 3 (Annual fee: $0, each card offers $1,500 in quarterly 5x bonus spending)
- Chase Freedom Flex: 1 (Annual fee: $0)
- Chase Freedom Unlimited: 1 (Annual fee: $0)
- Chase Sapphire Preferred: 1 (Annual fee: $95)
- JPMorgan Reserve: 1 (Annual fee: $90 after $300 travel and $60 Doordash statement credits, more than offset via bonus points, Priority Pass, Global Entry, Roadside Assistance, primary CDW, travel protections, Dashpass membership, and increased points value)
- JPMorgan Ritz-Carlton: 1 (Annual fee: $150 after $300 airline statement credits, more than offset via 50K anniversary night)
- Chase United Lifetime Club: 1 (Annual fee: $100)
- Chase Hyatt: 1 (Annual fee: $95, more than offset via 15K anniversary night)
- Chase Ink Cash: 5 (Annual fee: $0, each card offers $25K in annual 5x bonus spending)
What’s your Chase card lineup?