How to Product Change Credit Cards the RIGHT WAY

[@SpencerJohnsonOfficial]

Thank you guys so much for watching! If you'd like to learn how to earn a TON of Chase Ultimate Rewards points and travel the world for free, watch this video next: kzbin.info/www/bejne/fqe6Z6mgma-IpJI Do you strategically product change your cards to get preserve your credit history and earn free points? Let me know down below!

[@Fox9582]

Hey boss! Can I product change a Visa Signature to a Visa Infinite if my CL is $10K

[@MannyCovington]

Definitely will be coming back to this video if I ever need to product change a card!

[@SpencerJohnsonOfficial]

Glad to hear it! Thanks for watching Manny!

[@TheCreditFrog]

Fantastic video on product changes Spencer! The technique of upgrading, downgrading, and PC'ing sideways are all great advanced strategies that can have A LOT of upside potential, with exceptions, as you mentioned. The main technique that I use personally is downgrading annual fee cards to no annual fee cards when my spending habits change. Thanks for giving a personal example - definitely drives the point home very well! Also, congrats on 1K 🎉🎉!!

[@SpencerJohnsonOfficial]

Thank you Stan! This is one of those topics that has been really relevant in my life lately and I know my friends can relate. A lot of us are at the ages where our oldest cards are not worth using anymore, and I don’t want people to cancel them when there are better options out there. The strategy you use is definitely a viable one. Open those higher tier cards for the higher welcome bonuses and then downgrade when that annual fee doesn’t make sense anymore. I’m glad you enjoyed the personal example. That’s where I have always found the most value in other peoples videos, so I like to share my experiences as well. Thank you for your support up to this point! It’s been a really fun ride so far and I’m excited to keep growing alongside you!

[@adrianv2]

Great video Spencer, thank you

[@experiment-ge7rk]

hey spencer! great informative video! i was just curious if there’s anything else we should look out for? i wanna downgrade my freedom unlimited into the og freedom, but was curious if there’s any timing involved that i should look out for? my freedom unlimited hits it’s 2 year mark here in october and my goal is to reapply and get another bonus with it. Is there any timing involved with this or does it really matter? thank you in advance!

[@omgitsst2711]

Does anyone know if the discover it chrome can be product changed?

[@OfficialEricGao]

Product changed my wells fargo credit card to the new autograph one, haven't looked back since, Great informative video Spencer!

[@SpencerJohnsonOfficial]

That's awesome man! Loved your video on that as well. Thanks for the support Eric!

[@MattWelterOfficial]

Yeah definitely agree with you that you should avoid cancelling cards, especially older cards, to avoid hurting your credit score. Instead, if you don't want to continue paying high fees or simply don't get value in a certain Card anymore, then Product Changing is definitely a better option! Congrats on 1K bro!

[@SpencerJohnsonOfficial]

Gotta save that credit score man! It’s definitely something that a lot of people don’t know about so I’m always happy to share. Thanks for the support man! You’ll be there in no time as well!!

[@Th33Vultur3]

My very 1st credit card was a no annual fee from Citi cards. This was opened back in may of 2000 and was closed off due to inactivity since I was in between jobs. I have to remember next time with my chase freedom unlimited which is now my oldest card, not to make the same mistake twice. Even making a small purchase like a candy bar and then paying it off immediately will keep my card open and plus putting it on auto pay.

[@SpencerJohnsonOfficial]

@@Th33Vultur3 It's great to learn from your mistakes and I know the rest of your credit card journey will benefit from this experience. It's good to have 1 small recurring charge on each of your cards to keep them open for sure. If your CFU is technically your oldest card now and you only have 5, you should be under 5/24 as soon as that one is 2 years old, which I assume it is if you started applying for cards in 2000. That's good news!

[@Th33Vultur3]

@@SpencerJohnsonOfficial as soon as I’m under 524, I’m going to apply for the freedom flex. I was thinking of product changing, but then I’m not eligible for the welcome bonus. I figured I would wait. I have all my credit cards on auto pay also.

[@Th33Vultur3]

@@SpencerJohnsonOfficial I guess also even though I didn’t have a credit card for a few years, Chase approved me for the freedom unlimited because they’re also my bank and both my bank checking accounts with them. So since I already have a banking relationship with them, that definitely helps.

[@tiwiks1]

I almost made the mistake of canceling my $39 AF Capital One Quicksilver. I instead upgraded it to a Savor card when it was 3% back from dining (No AF) about a week before they upgraded it to 4% back from dining (With $95 AF). I was grandfathered in from paying the $95. 😁 Great video Spencer!

[@SpencerJohnsonOfficial]

Nice move man! I know a lot of people who think the only option is to cancel your older cards, but product changing it is almost always better to maintain that credit history!! Unless of course you have no choice but to pay an annual fee. Thanks for watching Kevin!

[@philipfranklin3958]

Will I be able to product change a Ralphs World Elite Mastercard, which is issued by US Bank to another US Bank credit card and which product would I likely get?

[@AnthonyVenture]

I love the hook at the beginning of this video! I actually never product changed a card before but I recently downgraded for the first time! I downgraded the Amex green to the… well Amex green. From $150 annual fee to just $55. Got the traditional one now. Congrats again on 1k, and very great video. I didn’t know about the whole 2 year maybe won’t get the annual fee reimbursed. I’ll have to watch out for that.

[@SpencerJohnsonOfficial]

Thank you man I really appreciate that! Always hard to get a concise and convincing hook to the video so that’s a high compliment. I didn’t know about that downgrade path with the Amex Green card. Seems kinda like the secret product change to the OG Chase freedom like I talked about in this video. You can’t apply for it directly but can still get that product change! Also I would definitely ask your lender about that 2 year rule I mentioned. It’s something I’ve heard in other videos but haven’t confirmed yet since I haven’t product changed an annual fee card. Thanks so much for the congratulations! It’s such a cool feeling to have hit that number, but there’s a lot more room to grow!

[@SledgeIncTeam]

Good video Spencer. You know sign up bonuses are my thing

[@SpencerJohnsonOfficial]

I think I meant Spencer but I appreciate you my man!!

[@SledgeIncTeam]

@@SpencerJohnsonOfficial lol ... My bad! Too many good videos by you guys!

[@SpencerJohnsonOfficial]

Haha no worries at all man! I’m glad you enjoyed the content.

[@CalbyNg]

Oh, I didn't know there was a soft pull for product changes, but also at the same time, like you said, doesn't really matter. And I've never heard of the 2 year thing; interesting.

[@SpencerJohnsonOfficial]

The more you know!! Yeah the 2 year rule only applies to Chase Freedom cards. You can only get the welcome bonus on each of those cards every 24 months!

[@CalbyNg]

@@SpencerJohnsonOfficial Oh I meant, after 2 years of having the card, the bank may not refund the annual fee 🤔

[@DallinBunnell]

Does this still work, the changing to an OG Freedom, 1 year later?

[@charleslaake2651]

Can you product change to Chase Freedom flex to Chase sapphire Reserve or Preferred?

[@ItsMeCJ]

Wait a second, the bass in your background music sounds awesome on my sound bar setup 😃. Don’t throw that emoji on Discover like that, I feel attacked 🤣🤣. Product changing to become eligible for a sign up bonus again is a very smart decision, at the same time, ensuring not to cheat yourself out of a welcome bonus is important too! Luckily, I haven’t needed to product change my card as yet. Good job on product changing to the OG Freedom card. I didn’t realize that this was still an option. Excellent video Spencer 👍🏾.

[@SpencerJohnsonOfficial]

Haha thank you man! I keep it really low on purpose because when I listen back using my noise cancelling headphones the bass is pretty loud and I try to make sure it doesn’t overpower everything no matter what you’re listening on. And I didn’t mean to attack you at all man 😂 I think I lot of people start with the Discover it so I was hoping people could relate. I definitely look forward to implementing more of that strategy in the future, but it’s also important not to lock yourself out! That change to the OG was a good move all advised by RJ, so he gets the credit! Thanks for your constant support man!

[@johnmckinstry6057]

Great video, Spencer! I’ve been thinking about product changing my Capital One Quicksilver card because I’m planning to get the Chase Freedom Unlimited later this year. I would like to change the Quicksilver card to the SavorOne card, however Capital One will only allow me to product change to the Venture or the VentureOne card. So I think I’m just going to stick with the Quicksilver card for a while. It looks like I’ll have to apply for the SavorOne card to get it, so I will probably do that when I’m back over 5/24 again. You made a good choice to upgrade your Freedom Student card to the OG Freedom card! Honestly, you’re now getting the same benefits of the Freedom Flex with both the Freedom Unlimited and the OG Freedom.

[@SpencerJohnsonOfficial]

Thank you John! That’s good to know that they don’t allow you to transfer that to the Savor One. I wonder why that is? The venture one could still be a good card to product change it to, especially if you want to start earning those travel miles and get the Venture X down the line. It’ll at least give you a taste of the travel game, especially if you want to get the CFU while you’re under 5/24. I always recommend to get all the Chase cards you want while you’re under 5/24, that way you never have to look back once you have the core Chase setup. And I agree with you! Although the OG freedom doesn’t earn in all the same ways as the flex, I really only wanted it for the rotating quarterly categories, so it worked out great! Especially in combination with my CFU and CSP. Thanks for your comment man! I learned something new today!

[@Ced0115]

So if I wanted to change my chase unlimited to a chase sapphire, would I lose the welcome bonus from chase sapphire card?

[@SpencerJohnsonOfficial]

That is correct. If you product change to a card you haven't had before, you won't be eligible for the SUB on that card unless you applied fresh for it in the future.

[@k.--]

great video!! i have to wait a year before i can product change my chase freedom student to another card so im debating whether or not i should wait and product change or just apply for the freedom unlimited when i'm ready. the welcome offer on the freedom unlimited is nice so i would hate to miss out on it. love your videos as always!!

[@SpencerJohnsonOfficial]

Thank you K! I would always recommend applying fresh and getting a welcome bonus before product changing to a card you haven’t had before. You can always product change the freedom student to the OG Chase freedom like I did, that way you can still apply for the Freedom unlimited and get the bonus, plus have another card that earns 5x in those rotating quarterly categories like the flex. I hope that makes sense! Thank you for always being here for me!

[@pwheat125]

Hi! I have a question. I was wanting to switch my Student Discover card to the Chase Freedom Unlimited. Would this be considered a Product Change? How would this work and where do I start?

[@SpencerJohnsonOfficial]

That’s a great question Preston! So the way that product changes work is that you have to do them within the same lender. And even more specific than that, sometimes you have to do them within the same family. For example, I assume your student discover card is part of the Discover it family of cards, meaning that you likely have to product change to another type of Discover it card. If I were you, I would call them to see what your product changing options are, but I would imagine the best choice would be the product change your student discover card to the Discover it cash back card. Every lender has different rules about what cards you can product change to and I’m not super familiar with Discover, but that would be my best guess. I would call them up and see what they tell you! But if it needs to be within the Discover it family, the Discover it cash back is one of the most popular beginner cards there is. Let me know if you have any luck getting in contact with them! I’ve heard their customer service is one of the best.

[@CPSOUNDBEATS]

So if I have the CSP and want to get the CSR welcome bonus, I would have to downgrade my preferred to maybe a freedom then reapply for thr CSR correct? Also, is there a certain amount of time I would have to wait before reapplying?

[@SpencerJohnsonOfficial]

Great question! And perfect timing too with the CSR 80k bonus expiring soon as I shared in my community post. But to answer your question, yes you would have to downgrade your CSP to one of the Freedom cards before applying for the CSR, and to be eligible for the SUB on the CSR, you could not have gotten a SUB on any other sapphire cards in the past 48 months. So basically the steps are to wait 48 months, product change your CSP to a Freedom card, and then apply for the CSR with the highest SUB available. You could still get the CSR right now if you just downgraded the CSP, but you wouldn't get the welcome bonus which is something I wouldn't want to miss out on.

[@MPG2014]

Great video per usual! Just had some questions on the chase cards. Are you saying that if I have a chase unlimited card that I can product change to the OG chase freedom, then reapply for the chase unlimited as long as it has been over 2 years since I got the bonus for the chase unlimited? And I can do this with the chase flex as well? So there is no limit to how many of the same card I have with chase? Also I know that some companies only give out certain credit limits across all your cards. Is there a limit to chases for how much they give? I heard something like they don’t want to give out more than half of what you make for your job. Lastly, I know you mentioned that the chase preferred reward of 80,000 may be coming back. If it does, how long does it typically last for. Might be rethinking my chase applications of that bonus stays long enough for me to drop out of 5/24 in the summer. Thanks again and enjoy watching your videos!

[@SpencerJohnsonOfficial]

You're basically exactly right! There's no limit to how many Chase Freedom cards you can have (there is a cap of 1 Sapphire card at a time however) but Chase does limit you on credit limits across all your cards with them. Also, unfortunately, they seem to be really cracking down on product changing to the OG Chase Freedom, so this tool has become a bit more limited. You can always give them a call and try to though! It seems pretty dependent on what customer service rep you get. And keep in mind that to get the welcome bonus on one of the Freedom cards, while you can do it with each of them every 2 years, to get the SUB, you can't already have that exact card open. You'd have to do some product changing around to make that work. As for the Chase sapphire preferred, that offer is live in branch right now. 80k points for spending $4k in 3 months and an additional 10k points if you spend a total of $6k in the first 6 months. That offer should be coming online sometime this month from what I've heard. As for how long it will last, we really never know. You would hope at least for a quarter or so, but I wouldn't necessarily bet on that by any means. Especially if they're branding it as limited time. I hope this all helps a bit but let me know if I left something out!

[@MPG2014]

No that helps out. Just trying to figure my game plan for this year for credit cards and want to make sure I get the most rewards possible and to make sure I utilize the chase offers too, especially since I've had the unlimited for over 2 years and could attempt to get it again, but wasn't sure if applying for 3 personal and 2 business cards for chase was going to be a problem with them. I could just do the 2 personal and 2 business, and leave out going for the unlimited again, but wasn't sure if that would raise any flags if I was applying for so many chase cards in a span of the next 2 years or not.

[@SpencerJohnsonOfficial]

That's a good question. I would recommend adding all the cards you actually want and will use with them first so that if you risk a denial from them on those 4th and 5th cards, it's not one you really want. Also if you do get denied, you could call the reconsideration line to see if you can shift credit limits around which is always a solid option.

[@MPG2014]

Thank you for the heads up on the reconsideration line. Appreciate the quick responses and the videos!

[@SpencerJohnsonOfficial]

No problem at all! I appreciate your support.

[@Rokambole-co7yb]

Got approved for the Freedom Flex last october, I'm already pre-approved for the Sapphire Preferred and Sapphire Reserve on the Chase app but I don't want to pay annual fees for this year. Do you think I can apply for the Freedom Unlimited without being pre-approved? Appreciate your opinion on this.

[@SpencerJohnsonOfficial]

Congrats on adding the CFF! If you're preapproved for the CSR and CSP, I don't see a reason why you wouldn't get approved for the CFU. Most applications you do will likely be for cards you aren't preapproved for and you just have to take the chance sometimes. In this case, I'd say it's a pretty safe bet with your other preapprovals though.

[@Anthonyjones-pq4ff]

Spencer do all credit card company let you Product change ? Like Credit One Bank .. it s an one of my Oldest cards don’t wanna close it lose the History Watched your product change video

[@SpencerJohnsonOfficial]

Great question! Every lender has different requirements and rules about product changing. Considering Credit One is one of the most predatory banks out there, I bet they'll try to not allow you to product change, but you can always give them a call to see. Most lenders allow you to product change though. Usually you just have to change your card to another card in its family that earns the same points/cash back.

[@WorldwideScents]

So pretty much I have to make sure I pay off my balance first right?

[@SpencerJohnsonOfficial]

Now that you mention it, I don’t think I’ve ever had to do that in the past. Usually with the cards that lenders let you product change between, they just change the card product itself but everything transfers over exactly as it was on your old card since the account number and everything stays the same. So I’m pretty certain they’ll just move those balances to the new card and you’ll pay it off on the same schedule. You could always call and confirm with your lender, but to my knowledge, you do not have to pay down any balances first. Although you always could if that makes you more comfortable.

[@WorldwideScents]

@@SpencerJohnsonOfficial copy that!

[@SpencerJohnsonOfficial]

Great question man!

[@nathanielwatson4701]

Sup Spence, Great Video!!! I had no clue we had to wait a year for a product change. Thanks for informing me. I also have the Chase Freedom Student half decent starter card but useless within my current credit state. I've been thinking of product changing it to an OG Freedom after the year's out, but if I haven't received the Unlimited or the Flex. Would you suggest I apply for one of them first to receive that welcome, or the OG freedom doesn't conflict with those welcome bonuses?

[@nathanielwatson4701]

Also are you still active within the credit community DC or have you moved into your own?

[@SpencerJohnsonOfficial]

Thank you Nathaniel! I really appreciate that. That rule isn’t always true for every lender, but I have heard that it’s pretty common. Mostly with annual fee cards though. You may not have to wait a year to product change the freedom student. You could always check by calling! Product changing to the OG Chase freedom does not affect the welcome bonuses on the other freedom cards, so you’d still be eligible for both of those welcome bonuses even if you product change to the OG freedom!

[@SpencerJohnsonOfficial]

I haven’t been quite as active as the recent past with how busy I’ve been since I started working, but I’d love to be more active in it again. Thanks for reminding me man! I don’t have a discord of my own yet, but maybe one day!

[@nathanielwatson4701]

​@@SpencerJohnsonOfficial Called chase the other day and tried to upgrade my Chase Freedom Student to the OG Chase Freedom, the rep told me I couldn't. I then asked what cards I could product switch to, and they listed all of the Chase cards except for the OG Chase Freedom. Was a shocker, however it might have simply been the rep.

[@SpencerJohnsonOfficial]

Dang that’s wild! I’ve heard they may be getting rid of that (as I mention in my video tomorrow actually), but I really hope that’s just a rep to rep basis kinda thing. That’s a really powerful tool if you can swing it.

[@darit31]

I’m new to the credit card journey I got approved for a chase freedom student I was just wondering how soon can I apply for a product change

[@SpencerJohnsonOfficial]

I generally would recommend waiting a year before product changing but you can do it before then I believe... if you read up on it online though, it states that you have to wait a year, so whether that only applies to certain cards or not I'm not 100% sure. You can always call Chase to ask!

[@alexx960]

At around 6 months you can call chase, just to ask- remember they won’t do a hard pull on your credit score so it’s okay to just ask as it won’t affect you. If you have good spending habits and etc, they might be able to product change in 6 months, otherwise if they deny your request, wait a year.

[@phillipnguyen5888]

Hi. I saw other videos that said to wait 2 weeks to reapply for the sign on bonus. Is there a certain time frame to reapply?

[@SpencerJohnsonOfficial]

I believe you maybe are thinking about 2 years before you reapply? That would only be specifically for the Chase Freedom cards. In general, each card has its own window of time you have to wait to be able to reapply unless you’re talking about Amex who has the once in a lifetime welcome offer rule. In that case, you can only get the welcome bonus once on each of their cards. The two main rules I know off the top of my head are the Chase Freedom cards where you have to wait 24 months, and the Chase Sapphire cards where you have to wait 48 months. Does that help at all?

[@phillipnguyen5888]

@@SpencerJohnsonOfficial Hey thanks for the reply! My situation is that I product change from a preferred card to a freedom card because I want to get the sign on bonus from the reserve. I had the preferred card for about 7 years and I've seen other videos that said to product change to a freedom card then wait 2 weeks to apply. Talking to a rep they told me to apply within 3 days but I don't want to get denied for applying to early

[@SpencerJohnsonOfficial]

@@phillipnguyen5888 Ohh okay I see where you're coming from. You're lucky the reserve just came out with a new 80k SUB!! I guess what you're more concerned about is how long it takes for Chase's system to recognize that product change so you don't get denied for already having a sapphire card. When I product changed one of my chase cards, it updated right away in my chase portal, but I think waiting a few days to a week is probably plenty long for their system to update. At the end of the day if you accidentally applied too soon and got denied, you could call their reconsideration line and they'll tell you why you were denied. If it's because of too many Sapphire cards, you can explain the product change and all should be fine. You should be fine after a couple days though I wouldn't worry! Just know you can call recon after if you need to. Good luck with that application and let me know how it goes!

[@phillipnguyen5888]

Thank you! Out of everyone you’re the only one that replied back to my question. Just subscribe. Thanks again

[@SpencerJohnsonOfficial]

Of course Philip! I love getting to chat with y’all so it’s no stress at all. Thank you for your support!

[@itsludaa]

I have a 90000 sign up bonus offer from chase sapphire preferred …. Would it be wise to get it then upgraded to a reserve? Because with a reserve I only have a 60000 sign up bonus ?

[@ArmandoManzo310]

I have the original chase freedom card I’ve had it since 2016 should I product change to the newer chase freedom unlimited card or something else or should I just stay with my older card?

[@SpencerJohnsonOfficial]

Good question! The OG Chase freedom should still be giving you 5x on the rotating quarterly categories, so it's a solid card to have and you don't necessarily need to change it. If you want multiple credit cards, particularly the Freedom cards with Chase, I would recommend applying fresh for those and leaving your OG Freedom as is. That being because you can't actually receive the welcome bonus on the card you product change to, so you'd be missing out on a free 20,000 points. So if you don't want an additional card, product changing to one of the newer Freedom cards is fine, but if you're someone that has multiple cards and can balance them all fine, I would apply for whatever newer Freedom card you want fresh to get the welcome bonus rather than product changing. Just make sure you're under 5/24 if you do that. Let me know if that helped clear anything up!

[@ArmandoManzo310]

@@SpencerJohnsonOfficial ok so rather than getting another freedom card cause I don’t want too many cards lol should I go for sapphire preferred or maybe a venture or venture card instead?

[@SpencerJohnsonOfficial]

@@ArmandoManzo310 Well if you don't want more cards then I would just product change the OG freedom to one of the newer freedom cards instead. If you don't have a card that gives you at least 1.5x on every purchase yet, I'd product change to the Unlimited. If you do, I'd product change to the Chase Freedom Flex cuz it has much better protections than the OG freedom (including cell-phone protection since it's a mastercard). Then you could add in whatever other card you wanted after that. If you want to use your Chase points for travel, I'd highly recommend the Chase Sapphire Preferred, but if you want to go to a different lender then you could do that too.

[@ArmandoManzo310]

@@SpencerJohnsonOfficial would you say the freedom unlimited is worth upgrading from the og freedom card for everyday purchases and gas or just stick with it lol sorry for so many questions I just don’t know much about credit cards and rewards and stuff so I’m sure I have not been taking advantage of my og freedom for the past few years would I benefit more with the newer freedom cards or with my older one?

[@SpencerJohnsonOfficial]

@@ArmandoManzo310 No worries! If you let me know other credit cards you have I can give you my suggestion. The OG Freedom isn't a bad card, so while you may have missed out on some value, it's not a huge deal. It's good you're trying to capitalize on it now! The newer freedom cards should serve you better, but I'll let you know my recommendation for you if you let me know your other cards.

[@mattwhile]

great video! tho I tend to get cards without an annual fee

[@SpencerJohnsonOfficial]

Thank you Matt! That’s definitely not a bad strategy! But as I showed in my example, even product changing from one no annual fee card to another can be really beneficial!! It all depends on your strategy!!

[@Th33Vultur3]

I only have one that has an annual fee and its on Amex. The Green card. I have at least 2 no annual fee cards to earn points the Blue Business Plus and the regular EveryDay card to preserve my MR points. On Chase, I'm have the Freedom Unlimited and I am going to get the Flex in a new application at some point to complement the other in the Ulimate Rewards space of Chase.

[@SpencerJohnsonOfficial]

You’ve built yourself quite a nice setup it sounds like! No annual fee cards can be super powerful, especially when complimented with one or two annual fee cards. It looks like you have the ability to transfer your points out to travel partners with the Amex green card, so down the line you’ll have to get the Chase Sapphire Preferred to do the same with your Chase points! Then you’ll have a super powerful combo of cards that earn you free travel in two point ecosystems!

[@Anthonyjones-pq4ff]

Spencer you talk a lot about the chase old G. Card what was it ?

[@SpencerJohnsonOfficial]

Yes that is the OG Chase Freedom I'm referring to. Chase now has the two new freedom cards, those being the Chase Freedom Flex and Chase Freedom Unlimited. However, they used to have the regular Chase Freedom card that you can no longer apply for. You've been able to product change to it though (although they've been cracking down on that recently). The reason that was powerful was because you could keep churning the new freedom card welcome bonuses by product changing your current ones to the OG Chase Freedom instead. Hopefully that helps a bit.

[@Anthonyjones-pq4ff]

@@SpencerJohnsonOfficial ok thk I got that . Thanks for Replying .

[@SpencerJohnsonOfficial]

No problem!

[@Th33Vultur3]

I want at at 8/24 and once I get to 4/24, I'm going to apply for the Flex and still keep the Unlimited since its my oldest card. I want to have both and be eligible for the welcome bonus.

[@SpencerJohnsonOfficial]

That sounds like a great plan! Having both the chase freedom flex and the chase freedom unlimited are a really powerful combo, especially if you get the welcome bonus on both! How long till you’re back under 5/24?

[@Th33Vultur3]

@@SpencerJohnsonOfficial I have to check when I was approved for my last 3 cards. I have 9, but one of them is a business card as a sole proprietor. The Amex Blue Business Plus, so I know that doesn't go against the 5/24 rule.

[@SpencerJohnsonOfficial]

@@Th33Vultur3 I gotcha. It's defintiely nice that business cards don't add to that 5/24 count. That helps a bunch when you're trying to drop back under 5/24.

[@Th33Vultur3]

My 5th card was the Regular American express everyday which was opened on February 20 of 2022. So I'm thinking I would have to be under 5/24 around February if not March of 2024. The only other option left will be product changing even though I would leave the bonus on the table for the freedom flex.

[@SpencerJohnsonOfficial]

@@Th33Vultur3 You should be under 5/24 before then! When does your first credit card hit it's 2-year anniversary? Once that happens, that's when you're at 4/24. Then you could get the bonus on the CFF!

[@yechenzhu8534]

Strongly disagree. Product change the card will lose the sign-up bonus

[@SpencerJohnsonOfficial]

That’s a big tip I mention in the video! You definitely don’t want to product change to a card that you haven’t gotten the welcome bonus on before, but even if you do, there are ways to get the bonus you missed out on in the future depending on the lender. That’s a big thing I talk about near the end if you wanna cheat more!

[@benmichaux1707]

That was literally his point throughout 😂🤦🏻‍♂️

[@SpencerJohnsonOfficial]

It happens! Sometimes people can have a predisposition against things but if you hear me out through the whole video you can see that we agree!

[@Th33Vultur3]

@@SpencerJohnsonOfficial I don't think you can do that with Amex.

[@SpencerJohnsonOfficial]

That is definitely a good point. Amex has a once in a lifetime welcome bonus rule and that’s a great example of a lender you want to be extremely careful product changing with. I wish I mentioned that in the video, but thank you for bringing that up. Maybe that’s what Yechen was talking about in his original comment!

[@Christopher_Cruz]

Hey man . I have a chase freedom student that was opened back in September of 2019 . I rarely use it and was wanting to know if I can product change from this to the freedom unlimited whilst still being allowed to get the welcome bonus of $200 and the 5% cash back on gas . I’ve contacted chase over chat but they don’t seem to give me firm or clear answer

[@SpencerJohnsonOfficial]

Great question Chris. If you product change the card straight into the Chase Freedom Unlimited, you won’t be eligible for the welcome bonus. That’s why I would recommend that you product change your Chase freedom student to the OG Chase freedom card like I did (if you want to use the rotating quarterly categories) and then apply fresh for the CFU to get the welcome bonus. That way you don’t miss out on that offer. When you product change a card you’re technically getting a brand new card, but unless you actually apply for it fresh with the welcome bonus attached to the application, then they won’t give you any bonuses at all. I hope that helps!

[@Christopher_Cruz]

@@SpencerJohnsonOfficial thank you for your reply . I actually have the newly updated freedom flex with chase already , which was what replaced the OG freedom . Does the OG freedom and the flex have the same rotating categories? If so could I technically double dip on the cash back rewards?

[@SpencerJohnsonOfficial]

You got it! That’s the nice thing about product changing to the OG Chase freedom. You can’t apply for it anymore so you’re not missing out on a sign up bonus, and you still get the rotating quarterly categories up to $1500 a quarter on it + $1500 on every other OG freedom/freedom flex you have.