<prompt> Human: Currently I have the Chase Freedom and Ive been using it for 3 months. I have already got the 20,000 Ultimate Rewards points after spending 500 within 3 months and the initial 150. Being bored and the idiot I am one day, Ive decided to see if I qualify for the Chase Sapphire and the Chase Sapphire Preferred. I didnt think I would qualify for any of these two since my credit history is limited unless college loans come into play, which my parents took out loans under my name, but basically I had a CC only for 3 months technically. Sure enough I qualified, and now theyre sending me 2 cards. I know the Chase Sapphire Preferred is 0 annual fee first year, and 90 afterwards so Id probably cancel later.Will this affect my credit score in any way?Would the 40,000 bonus points for spending 2000 within 3 months that Chase Sapphire Preferred start the moment I get the card or only when I activate the card? Should I cancel the Chase Sapphire Preferred, but would that basically kill my chance to get the bonus points?Would the annual fee start once I get the card or activate it?Not sure whats the best way to handle it  <response>: I save 80 of my income parents pay for gasಠ_ಠ 