Chase Sapphire Preferred Annual Fee Refund

If you downgrade from chase sapphire preferred to chase freedom within 60 days of paying the annual fee you ll receive a full refund.

Chase sapphire preferred annual fee refund.

Chase sapphire reserve cardholders may receive a 100 annual fee credit amid coronavirus chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is. You now have 30 days to get a refund of the annual fee from the date the annual fee posts to your account and there is no prorating of the annual fee after that 30 day window as reddit readers are reporting. I called chase and you can get the annual fee refunded if you cancel your card within 60 days of the fee being charged. Chase introduced a new policy of october 2016 regarding annual fee refunds.

These have been called both annual fee refund and membership fee credit this thread discusses the timing of both cancelling and product changing downgrading to sapphire preferred in order to 1 keep from paying the 450 annual fee and 2 possibly get a 2018 300 travel credit before cancelling. It only took a few minutes to call the number on the back of my card and explain what i wanted to do and i kept the same card. But i wouldn t recommend doing this. To downgrade from chase sapphire preferred and its 95 annual fee to chase freedom and its 0 annual fee call customer service at 1 800 432 3117 and request a product change.

I downgraded my chase sapphire preferred to a chase freedom which has no annual fee because i recently got the ink business preferred credit card which has some overlapping benefits and spending categories. No foreign transaction fees you ll pay the card s 450 annual fee on the first billing statement. 50 000 ultimate rewards points and the 95 annual fee is waived for the first year. You now have a period of 30 days after your annual fee is billed to cancel and receive a refund.

Chase has changed its annual fee refund policy. 1 2 one data point suggests that product changing within 30 days to a no fee card will not get you any refund at all on your annual fee. For much of its nearly 10 year history the chase sapphire preferred has offered the exact same sign up bonus.