Credit Cards

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
Regular Contributor
Iincognito
Posts: 181
Registered: ‎04-21-2010

BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:27 PM

I was able to successfully do change my Signature Visa with a $10,000.00 limit into a Platinum Plus Mastercard. Same cash rewards program (kept my cash reward), same APR, same credit limit -- except, the limit will now report on my credit reports. :smileyhappy:

 

Took BofA approximately 2-weeks to initiate the transfer once I made the request; should have the new card within 7-10 days.

Current Scores (as of 04/22/13): EQ FICO=795; TU FICO =766; EX =763

BankAmericard Cash Rewards ($20,000) | Amex Platinum (NPSL) | Amex Clear ($20,000) | Amex Blue Cash ($2,500) | Chase Freedom ($11,000) | PenFed Platinum Cash Rewards ($5,000) | Barclaycard Apple ($5,000) | Discover More ($6,500) | BankAmericard Cash Rewards [Authorized User] ($15,000)
Message 1 of 20 (1,159 Views)
 
Reply
Contributor
wealthcreator
Posts: 211
Registered: ‎07-02-2012

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:30 PM

Did they pulled your credit report, i guess they shud not..

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
_________________________________
Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
__________________________________________
Message 2 of 20 (1,149 Views)
 
Reply
Correction
New Member
Correction
Posts: 6
Registered: ‎08-08-2012

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:35 PM

They dont have a World Mastercard?

Message 3 of 20 (1,141 Views)
 
Reply
Regular Contributor
Iincognito
Posts: 181
Registered: ‎04-21-2010

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:36 PM

Pardeep wrote:

Did they pulled your credit report, i guess they shud not..

Nope, no pull for this.

 

Current Scores (as of 04/22/13): EQ FICO=795; TU FICO =766; EX =763

BankAmericard Cash Rewards ($20,000) | Amex Platinum (NPSL) | Amex Clear ($20,000) | Amex Blue Cash ($2,500) | Chase Freedom ($11,000) | PenFed Platinum Cash Rewards ($5,000) | Barclaycard Apple ($5,000) | Discover More ($6,500) | BankAmericard Cash Rewards [Authorized User] ($15,000)
Message 4 of 20 (1,141 Views)
 
Reply
Regular Contributor
Iincognito
Posts: 181
Registered: ‎04-21-2010

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:38 PM

Correction wrote:

They dont have a World Mastercard?

They do, but I wanted the limit to report on my credit files, so I chose the Platinum Plus Mastercard.

Current Scores (as of 04/22/13): EQ FICO=795; TU FICO =766; EX =763

BankAmericard Cash Rewards ($20,000) | Amex Platinum (NPSL) | Amex Clear ($20,000) | Amex Blue Cash ($2,500) | Chase Freedom ($11,000) | PenFed Platinum Cash Rewards ($5,000) | Barclaycard Apple ($5,000) | Discover More ($6,500) | BankAmericard Cash Rewards [Authorized User] ($15,000)
Message 5 of 20 (1,136 Views)
 
Reply
Established Contributor
logan_720
Posts: 606
Registered: ‎02-02-2012

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:38 PM

Generally speaking, when someone PC's, or product changes their card just to a different card, there is no hard pull done. As for the World Mastercard, I believe it acts the same as the Visa Signature, which is NPSL. 

Message 6 of 20 (1,135 Views)
 
Reply
Valued Contributor
trumpet-205
Posts: 1,909
Registered: ‎11-11-2010

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:38 PM

You are too in love with limit reporting. There is nothing wrong with not reporting a limit.

 

Visa Signature to Platinum MasterCard is a big downgrade. You are losing extended warranty protection (MC has the worst warranty vs Platinum Visa), travel perks, etc.

In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | BofA Travel Rewards (07/2011) | Chase Freedom (11/2011)
GECRB/PayPal (05/2012) | Discover it (07/2012) | US Bank Cash Reward (08/2012) | AMEX BCE (09/2012)
Target (10/2012) | Chase Ink Classic (11/2012) | BofA Balance Rewards (04/2013)
Message 7 of 20 (1,133 Views)
 
Reply
Regular Contributor
Iincognito
Posts: 181
Registered: ‎04-21-2010

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:46 PM

trumpet-205 wrote:

You are too in love with limit reporting. There is nothing wrong with not reporting a limit.

 

Visa Signature to Platinum MasterCard is a big downgrade. You are losing extended warranty protection (MC has the worst warranty vs Platinum Visa), travel perks, etc.

True, if my goal was to have the Signature perks, but I am not interested. My Amex Premier Rewards card will suffice if I need additional purchase protection.

 

Current Scores (as of 04/22/13): EQ FICO=795; TU FICO =766; EX =763

BankAmericard Cash Rewards ($20,000) | Amex Platinum (NPSL) | Amex Clear ($20,000) | Amex Blue Cash ($2,500) | Chase Freedom ($11,000) | PenFed Platinum Cash Rewards ($5,000) | Barclaycard Apple ($5,000) | Discover More ($6,500) | BankAmericard Cash Rewards [Authorized User] ($15,000)
Message 8 of 20 (1,126 Views)
 
Reply
Established Contributor
logan_720
Posts: 606
Registered: ‎02-02-2012

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 09:48 PM

trumpet-205 wrote:

You are too in love with limit reporting. There is nothing wrong with not reporting a limit.

 

Visa Signature to Platinum MasterCard is a big downgrade. You are losing extended warranty protection (MC has the worst warranty vs Platinum Visa), travel perks, etc.

+1,000

Message 9 of 20 (1,113 Views)
 
Reply
Valued Contributor
Crashem
Posts: 2,351
Registered: ‎01-26-2012

Re: BankAmericard Cash Rewards change from Signature Visa to Platinum Plus Mastercard

Options

‎08-08-2012 10:10 PM

You sure it wasn't reporting limits?  Many visa sig reporting limits now

Amex Plat, Amex BCP 8k->24k (5/23/12), Amex TE 15k, CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k (8/20/12), HSBC 15k, JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k
Message 10 of 20 (1,090 Views)
 
Reply

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+