Aug. 09, 2026 • 10 min read Jump to section Facebook Twitter LinkedIn Copy URL Email The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information. Editor's Note This is a recurring post, regularly updated with new information and offers. If you have a premium Chase credit card in your wallet, every so often, it makes sense to think about things like:
If you answer no to any of the questions above, you might consider canceling your card or at least asking Chase to extend a retention offer to keep it.
In many cases, you can downgrade your Chase credit card to one with a lower annual fee or even no annual fee at all.
Doing so typically won't require a credit check, can help preserve your credit history and may allow you to keep your Chase Ultimate Rewards points, depending on which card you downgrade to.
Keep in mind, downgrading means you won't earn a welcome bonus on your new card, and if you're moving to a card that doesn't earn transferable Ultimate Rewards points, you'll want to have a plan for your existing rewards.
Here's how to downgrade a Chase credit card and why you might want to consider doing so.
Related: When can you downgrade your credit card?
The process is relatively straightforward.
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Before you call in with your downgrade request, it's smart to know which card you want to downgrade to. When you pick up the phone, make sure you've done your homework and selected an eligible card whose annual fee (or no annual fee) is more within your budget.
Typically, you can only downgrade within the same card family, and personal cards must stay personal, while business cards must stay business.
If you're downgrading from a Chase card that earns transferable Ultimate Rewards points to one that doesn't, transfer or redeem your points first.
Otherwise, you'll lose the ability to transfer them to Chase's airline and hotel partners like World of Hyatt and United Airlines unless you still hold another eligible Ultimate Rewards card.
Chase's flagship suite of cards earn Ultimate Rewards points and include the following:
Related: The power of the Chase Trifecta
If you continue to carry another card that earns transferable Ultimate Rewards points, you will be able to combine your points beforehand. It's also possible to transfer Ultimate Rewards points between household members , just remember to call Chase to set this up ahead of time.
If you're downgrading a cobranded card, such as United, Southwest, Marriott or IHG, your airline miles or hotel points remain safely in your loyalty account.
To downgrade your card or request a "product change" as it's sometimes referred to, you should call the customer service phone…