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I have two questions.
I got CSP in July 2013. Since 24 months is coming up this summer, can I cancel the CSP in June, then reapply in July and get the 40K bonus again? Is that possible? Would they approve?
Also- I have the Ink Plus and the annual fee is coming up in May. Should I downgrade to Ink Cash, or cancel it then reapply to Ink Cash for the 20k Bonus? Would they approve?
@ Justin — Personally I would apply for the Ink Cash, since otherwise you’d be giving up 20K points.
As far as the Chase Sapphire Preferred goes, I’m not 100% sure. Last time I checked the application it said you can only get the bonus once every 24 months, in which case you might be fine. But can’t guarantee that’s still the case.