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Multiple Freedom Cards

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CreditUnionFan
Valued Contributor

Multiple Freedom Cards

It's been posted here by others that one can no longer apply for multiple Freedom accounts.

 

In fact, after being solicited for the Freedom Visa Signature many times, and being told by customer service to apply for a new card, tonight I withdrew the new application. I ended up keeping a 16 year old Mastercard and am hopeful that their computer system will give me a Siggy Visa when they convert it from MC to Visa. I talked with customer service and they sang the same song that the other Visa's I have can't be 'upgraded' to Signature. Smiley Sad

 

It was funny hearing that they really want to convert my Freedom Visa & MC over to Chase Sapphire, but on my Chase Amazon Visa, there are *NO* conversion options other than to consolidate the credit line onto something else.

I was going to garden... Honest!
Message 1 of 13
12 REPLIES 12
mongstradamus
Super Contributor

Re: Multiple Freedom Cards


@CreditUnionFan wrote:

It's been posted here by others that one can no longer apply for multiple Freedom accounts.

 

In fact, after being solicited for the Freedom Visa Signature many times, and being told by customer service to apply for a new card, tonight I withdrew the new application. I ended up keeping a 16 year old Mastercard and am hopeful that their computer system will give me a Siggy Visa when they convert it from MC to Visa. I talked with customer service and they sang the same song that the other Visa's I have can't be 'upgraded' to Signature. Smiley Sad

 

It was funny hearing that they really want to convert my Freedom Visa & MC over to Chase Sapphire, but on my Chase Amazon Visa, there are *NO* conversion options other than to consolidate the credit line onto something else.


i was reading an article about this just now. It looks like chase is going to be following amex lead with trying to stop churners. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 2 of 13
CreditUnionFan
Valued Contributor

Re: Multiple Freedom Cards


@mongstradamus wrote:

@CreditUnionFan wrote:

It's been posted here by others that one can no longer apply for multiple Freedom accounts.

 

In fact, after being solicited for the Freedom Visa Signature many times, and being told by customer service to apply for a new card, tonight I withdrew the new application. I ended up keeping a 16 year old Mastercard and am hopeful that their computer system will give me a Siggy Visa when they convert it from MC to Visa. I talked with customer service and they sang the same song that the other Visa's I have can't be 'upgraded' to Signature. Smiley Sad

 

It was funny hearing that they really want to convert my Freedom Visa & MC over to Chase Sapphire, but on my Chase Amazon Visa, there are *NO* conversion options other than to consolidate the credit line onto something else.


i was reading an article about this just now. It looks like chase is going to be following amex lead with trying to stop churners. 


I wasn't trying to "churn"., but seek out an upgrade into the "Signature" offering of the same card. I've talked to both Lending Services as well as their Customer Service and they keep repeating that if you have a non-signature version of the card it seems the only way to upgrade is to close out the account and then re-open another.

 

The typical "churner" is solely going after the sign-up bonus, with no intent on keeping the card once the bonus is paid out.

 

Both Freedom cards never started as Freedom cards; the was a FirstUSA card from 2001, and the MC started its life as the Bell Atlantic MC from '98.

 

I was going to garden... Honest!
Message 3 of 13
CarnegieS
Regular Contributor

Re: Multiple Freedom Cards


@CreditUnionFan wrote:

@mongstradamus wrote:

@CreditUnionFan wrote:

It's been posted here by others that one can no longer apply for multiple Freedom accounts.

 

In fact, after being solicited for the Freedom Visa Signature many times, and being told by customer service to apply for a new card, tonight I withdrew the new application. I ended up keeping a 16 year old Mastercard and am hopeful that their computer system will give me a Siggy Visa when they convert it from MC to Visa. I talked with customer service and they sang the same song that the other Visa's I have can't be 'upgraded' to Signature. Smiley Sad

 

It was funny hearing that they really want to convert my Freedom Visa & MC over to Chase Sapphire, but on my Chase Amazon Visa, there are *NO* conversion options other than to consolidate the credit line onto something else.


i was reading an article about this just now. It looks like chase is going to be following amex lead with trying to stop churners. 


I wasn't trying to "churn"., but seek out an upgrade into the "Signature" offering of the same card. I've talked to both Lending Services as well as their Customer Service and they keep repeating that if you have a non-signature version of the card it seems the only way to upgrade is to close out the account and then re-open another.

 

The typical "churner" is solely going after the sign-up bonus, with no intent on keeping the card once the bonus is paid out.

 

Both Freedom cards never started as Freedom cards; the was a FirstUSA card from 2001, and the MC started its life as the Bell Atlantic MC from '98.

 


What reason are the telling you that your can't upgrade? I'm thinking once your cards are no longer mastercards you won't run into this issue any longer. I can tell you if you message them using the secured message center a response will be given if you qualify. It took a few days for me to get a reply but I finally recieved one from a "Senior Service Specialist" who was able to grant the request. So I believe there is still some hope for you to be upgraded to the signature version you just need to find out what they don't like about your relationship/histroy. 


Amex Delta Gold: $5400| BofA Better Balance: $1500 | Sallie Mae: $1300 | Discover It: $500
719 TU, 685 EQ, 728 Ex.
Entered the garden : 5/8/14
Message 4 of 13
odd_dog
Valued Contributor

Re: Multiple Freedom Cards

My experience has been that when they converted my Freedom MC to a Visa (about a month or two ago) it was a plain Visa....my other Freedom is a Signature...so not sure what the criteria is for a Sig???  I will just combine the new Freedom Visa to the existing Sig Freedom and have one card.....

Message 5 of 13
takeshi74
Senior Contributor

Re: Multiple Freedom Cards


@CarnegieS wrote:

I'm thinking once your cards are no longer mastercards you won't run into this issue any longer.


There's at least one user around here that can't get a Visa Freedom upgraded to Signature.  Not sure if that user has been able to get a reason.

Message 6 of 13
CreditUnionFan
Valued Contributor

Re: Multiple Freedom Cards


@odd_dog wrote:

My experience has been that when they converted my Freedom MC to a Visa (about a month or two ago) it was a plain Visa....my other Freedom is a Signature...so not sure what the criteria is for a Sig???  I will just combine the new Freedom Visa to the existing Sig Freedom and have one card.....


If you're on of the lucky ones to have two same cards of any type, you may want to think twice about it.

 

One reason that comes to mind is that when one card is declined, the other card may get approved.

 

The other reason is that for any card with limits or caps to their benefits, having a second card (or more) allows you to multiply that reward/benefit. The local banker accused me of trying this. I didn't, since both cards were previously something else in their lives and it was Chase that forced the migration.

I was going to garden... Honest!
Message 7 of 13
odd_dog
Valued Contributor

Re: Multiple Freedom Cards


@CreditUnionFan wrote:

@odd_dog wrote:

My experience has been that when they converted my Freedom MC to a Visa (about a month or two ago) it was a plain Visa....my other Freedom is a Signature...so not sure what the criteria is for a Sig???  I will just combine the new Freedom Visa to the existing Sig Freedom and have one card.....


If you're on of the lucky ones to have two same cards of any type, you may want to think twice about it.

 

One reason that comes to mind is that when one card is declined, the other card may get approved.

 

The other reason is that for any card with limits or caps to their benefits, having a second card (or more) allows you to multiply that reward/benefit. The local banker accused me of trying this. I didn't, since both cards were previously something else in their lives and it was Chase that forced the migration.


Hi CUF! Thanks I hear ya, my one Freedom was converted by Chase years ago after I already had a Freedom hence two of them...what you say is true, but even I get that I have way too many cards, so I am trying to consolidate....I got rewards up the ying-yang and I am tired of spreading my "reward earnings" thin......UR are OK but I cant transfer them to American Airlines...my new favorite airline, so they become useless to me in that respect....and I have the CSP so gets really redundant in my card stable...LOL  I hope you are able to upgrade!!

Message 8 of 13
lg8302ch
Senior Contributor

Re: Multiple Freedom Cards

OP... I feel your pain. Got my Freedom 01/13 with a 4K limit but with a horrible APR of 22,99% with Fico EQ 790. Chase internal score was 671 due to the many new cards and inquiries(this at least was indicated on the letter with the application) The Freedom was card #4  in my app spree. (Thin file as I only had the 2 BofA cards at that time)  Then 11/13 I applied for the Marriott Premier Rewards Visa Signature and was shocked that Chase gave me a 16K CL just like that. So I immediately moved 1K to my Freedom account because my intention was to ask for the upgrade to a Signature version after 1 year. Well that plan did not work out at least it looked that way for some time. I have tried at 13 and 15 months and nothing but denials. Lending service, customer service, executive office ... pretty much consistent denials.  So I did write again to the EO about two weeks ago and asked them to please find out and give me reasons to work on. But what I got back was simply a standard letter again that my account  at this time is not eligible to be upgraded to a Signature version and Chase does not modify account terms.  So I pushed it a bit and decided to app for CSP anyway a few days ago against all logic because this is also a Signature card. Two days earlier got the denial for  my existing Freedom account to the Signature upgrade???  Basically tried to find out what Chase does not like in my profile. I am clueless. But after verification got approved for 15,3K CL. Very happy about that  but now completely frustrated about Freedom and even more confused.  More determined  than ever now to find out  why my Freedom account could not be upgraded. Bothered the EO again and complained that I still did not get any explanation to my first request. Asked to please give me reasons to work on  to get that Siggy in the future.  Well today I still do not have an explanation but received all the sudden the Freedom Signature card ... APR will remain 22,99% but who cares ..this card will be a PIF card anyhow.. The APR is just a slap in my face but I can live with it since I have the card benefits now. Looks that Chase preferred to issue me the Signature version rather than give me an explanation. Perfect for me.

Good luck OP...hope it will work out for you as well.

Message 9 of 13
CreditUnionFan
Valued Contributor

Re: Multiple Freedom Cards

As for the APR, Chase will adjust upward (AA), but will also adjust downward. My rates were higher, but now both of my Freedom cards have the same APR terms. I don't recall what I did specifically to trigger this, but last year made the jump from the 670's and am now seeing a 755 TU Fico, increased credit lines across the board, added new accounts, reduced utilization to 7%, and that's with $16k sitting on a NFCU card at 0% for a year. (twist my arm!)

 

 

As Of Purchase APR Cash APR

 05/20/2014
  
  13.99%
  
  19.24%
I was going to garden... Honest!
Message 10 of 13
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