Chase Sapphire Preferred® Card: Spend $4,000 in First 3 Months Expired

Applied online a few days back and get approved. Do you guys think I can get the first annual fee wavied by calling customer service? I regret a bit for not checking SD before application.

A side story: I applied a few months back and got rejected. The reason was I had the same card as of 2017 while in fact I had no Sapphire brand cards before. It immediately triggered my panic search to see whether my identity was stolen. I relaxed a bit finding out no such cards were reported on my credit reports nor credit pull from Chase. Chase rep later on blamed me to possibly input wrong information when applying. But I applied under my account with very limited input other than annual income. Fast forwarding to a few days back I applied again and got approved instantly. The credit pull shows on my credit report this time.

My spouse who has CSP referred me, when will referral bonus show up?

Thanks, and I agree, that it is worth the fee. What do you think about closing the CSP after 100k points and then try to upgrade/product change one of my other cards to a CSR? Would this work?

So get approved, spend $4k in the first three months, you get $1000 basically?

Thanks, and I agree, that it is worth the fee. What do you think about closing the CSP after 100k points and then try to upgrade/product change one of my other cards to a CSR? Would this work?

Yes, it would likely work (again, subject to Chase's review).

However, you need to carefully review the benefits of each card. If you've got the Freedom Flex, the main benefit is the 5% rotating categories. If you've got the Freedom Ultimate, the main benefit is the 1.5% on all purchases. If you've got the Slate ... well, there's not much in the way of benefits other than as an entry level card. And if you've got the Sapphire Preferred:
https://slickdeals.net/f/15070267-chase-sapphire-preferred-card-spend-4-000-in-first-3-months-earn-1...

Good luck!

EDIT: Sorry, I missed the part of your question about CLOSING THE NEW ACCOUNT. I strongly advise you not to do so. If you do not want the CSP, do a product change to a free Freedom card (you may have multiple Freedom accounts) or to the Reserve card that you previously stated you desired. For most people, preserving their card's credit history is important.

There are a few people, like me, who would not significantly be affected by such a closure.
1. I'm retired, mortgage paid up, no car loans (pay for cars in cash) and can afford to have a slight bump in my credit rating as I have no major purchases that require financing in the immediate future.
2. I have a sufficient number of other credit cards that my average card age wouldn't significantly suffer by closing any one account.
3. My combined credit card limits versus annual income is on the high side (more than 2X). It would improve my chances for new credit card approvals if I were to get rid of some of the excess credit. E.g., by closing the CSP card.
4. My income stream versus my expenditure stream is becoming more and more lopsided over time (good). That means that my need for credit, or for that matter credit card bonuses, is diminishing with each passing year. I'm almost happy that I had $2,000 in car repairs last month to spend on.
5. As age catches up with me, it's become more of a chore keeping track of multiple accounts. I'm looking at simplifying my bookkeeping by reducing the number of credit card holdings.
6. My credit score, even with a 10-point drop, would still be well over 800. So, dropping the card wouldn't have any long term impact on my credit worthiness.

Yes, you can do that, but please read below before you decide to proceed.

https://slickdeals.net/forums/showpost.php?p=149099959&postcount=3652

Yes, it would likely work (again, subject to Chase's review).

However, you need to carefully review the benefits of each card. If you've got the Freedom Flex, the main benefit is the 5% rotating categories. If you've got the Freedom Ultimate, the main benefit is the 1.5% on all purchases. If you've got the Slate ... well, there's not much in the way of benefits other than as an entry level card. And if you've got the Sapphire Preferred:
https://slickdeals.net/f/15070267-chase-sapphire-preferred-card-spend-4-000-in-first-3-months-earn-100k-points?p=149119429#post149119429

Good luck!

EDIT: Sorry, I missed the part of your question about CLOSING THE NEW ACCOUNT. I strongly advise you not to do so. If you do not want the CSP, do a product change to a free Freedom card (you may have multiple Freedom accounts) or to the Reserve card that you previously stated you desired. For most people, preserving their card's credit history is important.

There are a few people, like me, who would not significantly be affected by such a closure.
1. I'm retired, mortgage paid up, no car loans (pay for cars in cash) and can afford to have a slight bump in my credit rating as I have no major purchases that require financing in the immediate future.
2. I have a sufficient number of other credit cards that my average card age wouldn't significantly suffer by closing any one account. Ditto for credit utilization rate.
3. My combined credit card limits versus annual income is on the high side (more than 2X). It would improve my chances for new credit card approvals if I were to get rid of some of the excess credit. E.g., by closing the CSP card.
4. My income stream versus my expenditure stream is becoming more and more lopsided over time (good). That means that my need for credit, or for that matter credit card bonuses, is diminishing with each passing year. I'm almost happy that I had $2,000 in car repairs last month to spend on.
5. As age catches up with me, it's become more of a chore keeping track of multiple accounts. I'm looking at simplifying my bookkeeping by reducing the number of credit card holdings.
6. My credit score, even with a 10-point drop (in itself, highly unlikely), would still be well over 800. So, dropping the card wouldn't have any long term impact on my credit worthiness.

Also, please note Tasmania99's additional comments (below) about early closure.

She can always use household income when applying for credit cards. In fact, it is legal under the CARD Act of 2009 and a 2013 update from the Consumer Financial Protection Bureau (CFPB). Call the Reconsideration line 888-270-2127 two days after the application date and tell Chase she did not include the household income on the app. Also tell Chase all other possible income you may have.

The more I see you post on the forum, the more I think you are just simply a troll. You really got a problem if you don't see that's only an example of point calculation. Furthermore, spending $2K on restaurants in 3 months are not nuts. Some people don't cook at all and they need to buy takeout or dine out. So it's really less than $700 per month. When you are depending on your parents for living, not paying a dime for home improvement, and not ever owned a car and get your vehicle insured, don't criticize the others who are doing it, and don't call the others "nuts" for spending $700 on dining. Get a job, son! SMH

Out of the loop since July.. if I apply in store how does the $95 annual fee get waived? If I open one tomorrow.. when would I be charged the $95 annual fee( next year or soon?) And how will I know I get it waived? TIA

When you sign up in branch, you will be asked to sign the application. The banker will give you a copy of it stating the annual fee is waived for the first year. It also never hurts to get a verbal confirmation from the banker. If you are approved tomorrow, the annual fee will be charged in September 2022.