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Mega Contributor
LS2982
Posts: 14,478
Registered: ‎04-09-2011

Converted Chase Freedom from VISA to MC

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‎08-12-2012 02:10 PM

Called in today to do the conversion, a rep told me it was possible when I opened the account up but I had to wait 30 days. Should get it in 2 weeks they said.

Just an FYI for anyone interested in converting.


Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013
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Valued Contributor
trumpet-205
Posts: 1,909
Registered: ‎11-11-2010

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 02:13 PM

I'm more interested in whether this will result a new TL or not.

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)
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Mega Contributor
LS2982
Posts: 14,478
Registered: ‎04-09-2011

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 02:15 PM

It should not, they didn't do any HP should just be a different account #


Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013
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Valued Contributor
Crashem
Posts: 2,351
Registered: ‎01-26-2012

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 02:16 PM

It shouldn't result in any effect on your credit.

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
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Established Contributor
Datx
Posts: 1,001
Registered: ‎05-20-2010

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 03:44 PM

How does that work exactly? Since the conversion requires a new account number, does Chase just then updates the existing tradeline info with the new account number? I'd would like to convert also, since I have more VISAs then I do MCs. But don't want to risk having a new account being reported.

 

The reason why I ask this is because some CC companies issue new account numbers for lost/stolen cards, and report as a new account. So...what would be the difference between the conversion metioned above, compared to a lost/stolen card. Na'mean?

TU: 603 – EQ: 569 – EX: N/A – May 2010

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Frequent Contributor
KIPPIE12
Posts: 364
Registered: ‎05-09-2009

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 03:52 PM

Tradeline should remain the same, history, cl, etc.  They are just changing brand from Visa to MC prefixes.  Everything else should remain intact.

Current Score: EQ: 787 TU: 818, EX: 833 (Plus)
Goal Scores: 760 Across all 3-Finally


Citi TY Premier 25k| Discover 10.6k|BOA 12.5k|Barclays Visa 15k|Barclays Amex 15k| CapOne 10.4k| Chase Freedom 9.3k|Citi Dividend 5.5k|FNBO 15.5k|CSP 12.1K|Citi TY Pref 10.5k|Sams Discover 5.5k| Macys 2.5k

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Frequent Contributor
YahComb
Posts: 456
Registered: ‎03-10-2012

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 04:02 PM

Why i made sure to apply for the sapphre and freedom through the mastercard site. Everybody promotes Visa versions mainly on their sites, since i knew i was going to be closing my cap1 secured soon and never really using the paypal MC might as well get something i want to use as a MC.

EQSW-703 (05/05/13)
Newest to Oldest
Citi TY Pref 4.5K | US Bank Cash+ 6.5K | Chase Freedom 3K | Chase Sapphire WMC 5K | Disc More 4K | Amazon Store 2.5K | BOA Cash Rewards 6K |
RIP silver spade status, 12/2/12 to 5/4/13
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Valued Contributor
creditnocash
Posts: 1,922
Registered: ‎07-23-2012

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 04:56 PM

what are the pros of switching over? 

 

Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)

Starting total revolving credit: $2600 | Current total revolving credit: $21,600

Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012


2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000
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Mega Contributor
LS2982
Posts: 14,478
Registered: ‎04-09-2011

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 04:58 PM

OlegWasHere wrote:

what are the pros of switching over? 

 

The only pro for me was I have only one MC and thats in litle iddy biddy pieces on the bottom of my shredder can (Cap1), and I have 3 Visa's so I need a good rewards MC.

 



Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013
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Regular Contributor
tburns
Posts: 141
Registered: ‎11-04-2010

Re: Converted Chase Freedom from VISA to MC

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‎08-12-2012 05:54 PM

A actually did this last week myself. Had the Freedom since last May. No Hard Pull, no new TL according to the rep on the phone. Only thing that will change is the card itself and account number.

 

Already have 2 Freedom numbers under my online accounts, both with the same history/balance etc. Was told once I activate the MC version the Visa will be deactivated and I can shred it.

 

I did this since I was intending to close my BBRZMC and Cap 1 soon so I would lose both my MC's.

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