02-17-2009 05:46 PM - edited 02-17-2009 07:01 PM
I received this letter today :
The credit card partnership between Countrywide Home Loans and First USA has ended. As a result, your Countrywide Rewards account will be replaced with a Chase Freedom credit card effective March 30, 2009.
Continue using your Countrywide Rewards credit card as you normally do. If you continue to meet our credit criteria, you should receive your new Chase Freedom card during the month of April.
02-18-2009 07:05 AM
02-18-2009 07:54 AM
If I remember Country wide is bought by Bank Of America and FirstUSA is owned by Chase. I think that is the reason for the change.
02-18-2009 07:55 AM
It does sound better than the Flexible rewards that my wamu is changing to
That's pretty cool of them to transfer your rewards to Chase Freedom rewards. I think I would be pretty happy about any card of mine being phased into a Chase Freedom card. They are great CCs.