RED ALERT! Fairmont Card from Chase ending?!

[Anonymous]

Fico Fam, have you heard anything about Chase selling or not issuing the Fairmont card anymore the separate website for the card states 

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The link to dead page is:

https://creditcards.chase.com/a1/fairmont/lp

Do we know anything? I called the JP Morgan Executive Line and I am waiting for a call back from my assigned rep, she checked with the people who take applications over the phone and was told they were not doing apps over the phone for this card, she also checked with the other Executive reps and they were all baffled. The Fairmont website redirects to the dead application page too. I just got this card two months ago after a hard won recon and would hate to have to go through that again as it is my only card with Chase ATM. Thoughts? 

Edited to add the bit about the Fairmont website.

[Anonymous]

Or maybe they will rebrand the card the card to be a Visa Infinite or do something else?

[woodyman100]

Looks like it's time to move a limit and consolidate

[Anonymous]

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@woodyman100 wrote:

Looks like it's time to move a limit and consolidate

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Is there any precedent for Chase selling a portfolio? Or discontinuing a card? Would they let me product change after they announce I wonder... I know the never allow product changes on cobrand cards but I can not find an example of Chase closing out a cobranded card that they have owned before. 

[bz386]

Fairmont was sold to Accor last year. Might have something to do with it.

[Anonymous]

Just an update to everybody who has this card it looks like Accor ie Fairmont will be ending business with Chase. I sent an email to their marketing team yesterday and just got a response stating that they were not issuing new Chase accounts but existing ones were being serviced. Something that Chase didn't even bother to tell their reps. My guess is Fairmont is shopping around for a new bank.

[rlx01]

It's not surprising. This card is a great card in many ways, but never got much attention.

It's possible Accor decided to create a new CC range like Marriott. We'll see.

[Saleen099]

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@Anonymous wrote:

Just an update to everybody who has this card it looks like Accor ie Fairmont will be ending business with Chase. I sent an email to their marketing team yesterday and just got a response stating that they were not issuing new Chase accounts but existing ones were being serviced. Something that Chase didn't even bother to tell their reps. My guess is Fairmont is shopping around for a new bank.

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     If they do decide to re-issue  under a different lending institution Capital one or Synchrony bank  but I would have to go with Synchrony bank.  

[willwar14]

This is very interesting, me and my mom have pending Fairmount applications that are waiting to be reviewed/denied by lending, I wonder what will happen to the apps now..

[woodyman100]

Closed the Fairmont and moved the limit to Ritz. $35,000 on the Ritz now 😬