@PRILEY wrote:I made a statement that Chase is stingy. Period. In my opinion they are. That is all I was saying, to those of you who have had good experences with Chase , then good for you. I myself will not be apping for a personal or buisness card with them.
Everyone makes their own decisions, and as a professor in economics recently stated everyone makes the decision that's in their best self-interest.
That said, especially regarding the business card, you may want to rethink that eventually; stinginess on a card you're not using is actually something of a good thing for your future credit as the decisioning process at many if not all lenders does somewhat take into account when it comes to future credit extensions. Focus on CLI's where they help, ignore them on cards where it doesn't, and if you don't need BT in the future, then the Slate is a tradeline farm and nothing else.
@HighScoreSeeker wrote:I agree. My Chase Visa was one of my first credit cards. It wasn't initially with Chase but was transferred through the banks bailout/buyouts. It's since been changed to Chase Slate. I still have my original $500 credit limit. I don't really use it aside from buying starbucks maybe once or twice a year to keep it active. Until recently (after finding these forums) I hadn't thought about requesting a CLI. All my other cards (with the exception of Barclay) have auto CLI. I thought about closing it since the limit is so low but its my oldest credit card now. I'm in the garden club so I'm not taking a hard pull to request they increase the limit.
So I decided to see if they would pc the card before closing it out. To my surprise, I had several options to pc to: Sapphire Preferred, Freedom Unlimited, Freedom. I chose the Freedom card so I could use it at Costco and so that I could apply for the other cards in the future and get the bonus offers. When I asked about a CLI, she said they would have to do a HP so I declined. I'll utilize the card and see if they will auto-CLI it over the next 6 months or so.
Chase is out for Chase, I just torched a 45 year old Chase Slate card belonging to a family member after discovering they have been ripping her off with a nearly 100/yr annual fee for Prime+3% then refusing to remove the annual fee under any circumstance and told her and myself app for another card if you dont want an AF, told em to stuff it after xfer the limit to her Freedom. She doesnt need it anyway.
