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Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Chase Freedom Auto-CLI

@red, you will get those cards eventually. No need to worry. They are really not that hard to get.

That being said, I would recommend you use your freedom as much as you can. It will help your internal scoring in various ways, including being labelled as being a more "profitable" customer for chase through swipe fees and/or interests.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
Posts: 2,967
Registered: ‎06-05-2013
0

Re: Chase Freedom Auto-CLI


enharu wrote:
@red, you will get those cards eventually. No need to worry. They are really not that hard to get.

That being said, I would recommend you use your freedom as much as you can. It will help your internal scoring in various ways, including being labelled as being a more "profitable" customer for chase through swipe fees and/or interests.

Which if these makes you appear to be a better customer to CC companies? Someone who has a few large purchases a month and spends 5k or someone who has a ton of small purchases and spends like 3.5k? I'm just wondering with swipe fees if the CCs make more off the large volume swipers than the few big time purchasers. Its not part of my strategy or anything, I will use my card as I deem necessary, but its just more of a point of curosity for me.


Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 730 6/27/14, Last App 1/3/15
Goal Score: 800 In garden until 4/2015
Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Chase Freedom Auto-CLI

It depends on where you shop at. Different merchants have different agreements in place with visa/MasterCard.

My guess is that in general they would prefer the individual who spends more in general, since swipe fees are a percentage of what you spend.

And then there's also talk about certain lenders, especially Amex, giving internal scores to purchases depending on amount, type, and location of charge.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
Posts: 2,967
Registered: ‎06-05-2013
0

Re: Chase Freedom Auto-CLI


enharu wrote:

My guess is that in general they would prefer the individual who spends more in general, since swipe fees are a percentage of what you spend.


That is what I was wondering about swipe fees. I forgot it was a percentage of what you spend. I used to accept CCs years ago, but just plain forgot since I didn't like having to kick back the fees to the CC companies when my clients paid that way.


Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 730 6/27/14, Last App 1/3/15
Goal Score: 800 In garden until 4/2015
Established Contributor
Posts: 620
Registered: ‎05-09-2009
0

Re: Chase Freedom Auto-CLI


Creditaddict wrote:

Wonder if paying before the statement even cuts is your reason for no love... GE doesn't count the statement towards CLI if you don't report a balance either. (report balance, not carry balance past due date and take on interest.)


2 of my last 4 statement cycles for Sams Discover were zero balances, and last week they luv button me to 10k.  Maybe that has changed?

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


Citi TY Premier 46.5k| Discover 15.6k|BOA WMC 30.5k|Barclays Juniper Rewards 15k|Barclays Amex 20k| CapOne 15K|Chase Freedom VS 19.3k|Citi Dividend WMC 25k|FNBO 15.5k|CSP 22.1K|Chase Marriott 31.3k|Citi TYP 20K|Citi DP 16.5k|Macys 5k|Sams MasterCard 15k|Barclay Arrival Plus WEMC 18.7k|Chase IHG WMC 26k|Citi Double Cash 10k|Chase MileagePlus Explorer 14k|Amex Everyday 16.2k
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