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Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008
0

Yikes! A letter from Chase on my freedom acct

[ Edited ]

A mail carrier just delivered a letter from chase to me.

OMG!  they changed my Freedom VISA to SIGNATURE !!   :smileysad:

Now my both of Freedoms CL (Visa 10.6k / MC 9k) will not report ...   not only for that, it won't include in the calculation for util too ~ 

 

Account ending in: xxxx

ACCOUNT UPDATE

  • Visa Signature benefits are being added to your Chase Freedom credit card
  • Watch for your new card to arrive in the mail after November 1, 2011
  • You will now have a credit access line instead of a credit limit.   :smileymad:

 

 

Open Credit card Overview at Credit Karma

Credit Card Utilization: 1%

Open Credit Card Debt(w/limits Reported): $352

Credit card limit: $58,200 ... this will decrease to $47,600

Open Credit card Debt (w/o limits reported): $495 ... this will change to whatever the statement balance is.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It's very tough with small income ~ The Rewards are big little helper to me.
Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
0

Re: A letter from Chase on my freedom acct

That is too bad. I heard some banks report CL even though they are siggy cards.

Senior Contributor
drkaje
Posts: 3,491
Registered: ‎07-25-2008
0

Re: A letter from Chase on my freedom acct

SWEET!!


Starting Score: 675
Current Score: EX 753 FICO, EQ 737FICO, TU 738
Goal Score: 776 FICO


Take the FICO Fitness Challenge
Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011
0

Re: A letter from Chase on my freedom acct

Why did they change it to a Signature?  Can they do this without your request/consent?

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008
0

Re: A letter from Chase on my freedom acct

[ Edited ]

ptr2593 wrote:

Why did they change it to a Signature?  Can they do this without your request/consent?


Yes they can!  

They did to my Freedom MC first to World MC , then now on my Freedom Visa.  

I have one more cc with them, which is non-rewards card used to be Wa-Mu Platinum with small CL of 4k since transferred 2k to freedom Visa a few months a go.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It's very tough with small income ~ The Rewards are big little helper to me.
Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011
0

Re: A letter from Chase on my freedom acct


bunnyrabbit wrote:

ptr2593 wrote:

Why did they change it to a Signature?  Can they do this without your request/consent?


Yes they can!   They did to my Freedom MC first to World MC , then now on my Freedom Visa.



Dang, that just seems so unfair!  Does it have something to do with your CL?

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008
0

Re: A letter from Chase on my freedom acct

[ Edited ]

ptr2593 wrote:

bunnyrabbit wrote:

ptr2593 wrote:

Why did they change it to a Signature?  Can they do this without your request/consent?


Yes they can!   They did to my Freedom MC first to World MC , then now on my Freedom Visa.



Dang, that just seems so unfair!  Does it have something to do with your CL?



Not sure ~  Good Question!

I would like to ask other members who have more than 10k on their Freedom Visa ... 

What is the status of your Freedom Visa?  Siggy or not?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It's very tough with small income ~ The Rewards are big little helper to me.
Frequent Contributor
OnTheRebound
Posts: 474
Registered: ‎08-05-2009
0

Re: A letter from Chase on my freedom acct

No conversion here....yet, on our Freedom Visa ($11014.00 CL)

Mine- Amex BCE $11.1 / Citi Diamond Preferred WMC $12K / Citi Double Cash WMC $3.8K / Comenity Total Rewards Visa $2.5K / Citi Home Depot $5K / DW's- I'm AU on most- Amex BCP $12K / Chase Freedom Visa $11014.00 / PenFed Platinum Rewards Visa Signature $6K / Citi Simplicity MC $4.4K / GE Lowes $10K / GE CareCredit $5K
myFico Scores as of 10/03/2014
Equifax 798 / Experian 811 / TransUnion 814
Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011
0

Re: A letter from Chase on my freedom acct


OnTheRebound wrote:

No conversion here....yet, on our Freedom Visa ($11014.00 CL)



11014?  How long has it been >$10k?

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Xu
New Member
Xu
Posts: 3
Registered: ‎07-13-2011
0

Re: Yikes! A letter from Chase on my freedom acct

Does Chase even issue world mastercards anymore?

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