Reply
Valued Member
Posts: 53
Registered: ‎07-18-2011
0

Product Change from Slate to Freedom -- very easy/BofA uses TU

Just thought I'd share this information with the community. I called Chase this a.m. to inquire about a product change from my Slate Chase card to the Freedom card. The woman on the phone said she could do it for me right then and there -- no hard pull. My CL stayed the same. So that was nice--and easy.

 

However, despite giving me the Chase Freedom card (which, by all information on this board, is a card reserved for those with good credit) they said I do not qualify for an APR decrease (it's currently at 27%).  Figure that one out.

 

Bank of America added an annual fee to my MBNA account in May after doing a periodic review of my credit report (unbeknownst to me). They pulled TU, the one report in which I am below 700.

 

Those are my two credit cards. I'm very irked about the annual fee BofA slapped on my card, which was 11 years old and a card that did not have a SINGLE late payment over its entire history. But it doesn't matter to them, apparently. The woman on the phone actually seemed to feel sorry for me, but she said all I could do was apply for a different no-fee card and close this one. Not sure what to do as I would like to stick it to them by closing the account, but given that would cut down my available debt, I don't want to.

 

May still close it, apply for a new Citi card with no fee and be done with it. Just not sure.

 

 

 

 

 

 

Established Member
Posts: 37
Registered: ‎10-11-2010
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU

I'm glad you were able to do the product change. I've been trying to PC from Slate to Freedom for each of the 3 months I've had my new card. I don't know if its because I'm only 20 or because I've only had the account open for 3 months, but NO ONE will do it. I've called CS many times and even tried the backdoor number. Everyone tells me I'm ineligible and will not give me a reason.

Current Cards: Chase Sapphire-$5,000, Local Credit Union-$1,000
Contributor
Posts: 276
Registered: ‎01-15-2009
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU


thephonekid wrote:

I'm glad you were able to do the product change. I've been trying to PC from Slate to Freedom for each of the 3 months I've had my new card. I don't know if its because I'm only 20 or because I've only had the account open for 3 months, but NO ONE will do it. I've called CS many times and even tried the backdoor number. Everyone tells me I'm ineligible and will not give me a reason.



Do you know your fico scores?

Frequent Contributor
Posts: 309
Registered: ‎08-05-2011
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU

Yes agreed if you are eligible they make it very easy, I was recently able to PC both my old flexible rewards cards to Freedom, however the accounts were pretty old (around 9 years old), took less than 5 minutes to get the account swapped.  

 

Bank of America added AF's to a specific percentage of its customer base in May, I dont think it was anything specific to your account, it was covered in the media pretty heavily, I believe this was related to the CARD act. I also had an old account which they added an AF to around that time, I am pretty much keeping that account open for AAOA.


Starting Score: 770
Current Score: 765 (EX) 763 (EQ) 756 (TU)

Auto Enhanced: 788 (EX)
Goal Score: 800
Take the FICO Fitness Challenge
Established Member
Posts: 37
Registered: ‎10-11-2010
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU

when I applied for the Slate card, they sent me a letter stating my EQ fico score was a 684. I don't know about the rest of them though. I do know I have numerous credit inquiries which is certainly hurting my score. I am no longer applying for any more credit for a while.

Current Cards: Chase Sapphire-$5,000, Local Credit Union-$1,000
Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU

I personally think Chase is being more flexable with the Freedom card since they can no long make money off there debit cards....

Valued Member
Posts: 53
Registered: ‎07-18-2011
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU

My Chase Slate card account was 9 years old and in good standing. Maybe the account history had something to do with it.

Contributor
Posts: 276
Registered: ‎01-15-2009
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU


ErinW43 wrote:

My Chase Slate card account was 9 years old and in good standing. Maybe the account history had something to do with it.



My Chase card was brought over from MaMu and it has decreased in CL and they wont convert it either. its been 3 years since they took MaMu assets and still they treet me and my DW like crap.

Frequent Contributor
Posts: 309
Registered: ‎08-05-2011
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU

[ Edited ]

Which Chase card do you have MagicShot ?  I know many of the Wamu cards were subprime and maybe that makes a difference when you are trying to PC down the line.


Starting Score: 770
Current Score: 765 (EX) 763 (EQ) 756 (TU)

Auto Enhanced: 788 (EX)
Goal Score: 800
Take the FICO Fitness Challenge
Contributor
Posts: 276
Registered: ‎01-15-2009
0

Re: Product Change from Slate to Freedom -- very easy/BofA uses TU


CreditMuppet wrote:

Which Chase card do you have ErinW43?  I know many of the Wamu cards were subprime and maybe that makes a difference when you are trying to PC down the line.



I had a good interest rate and like 4 times the CL with MaMu, its also one of my older card, is the only reason I have been keeping it open.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.