Reply
New Contributor
a4aseph
Posts: 53
Registered: ‎08-14-2010
0

difference between chase freedom visa and chase freedom visa signature.

Hi guys..!!

I just got my chase freedom visa signature card in the mail with a CL of 7k. I'm so happy.

Actually me and my wife we have a joint chase checking and savings account, we went to the local branch other day for some reason and the agent told us that we both are pre approved for this card we gave it a shot and both approved instantly she got 5k and i 7k.

But she got chase freedom platinum visa ang i got this one.

My question is whats the difference between both cards ?

I do know that in the past visa signature did'nt use to report CL but from this year i guess they do report i'm sure coz my brother has one and it's reporting now.

Other than that whats the difference and which one is better ?

btw i don't know my scores but this is my second highest CL after citi simplicity 9k which i got last december.

One more good news for me that discover student more finally increased my  CL from 1k to 2k and i received a letter from them later for 4k but they lady said when i called, its too early to get another increase.

Please suggest about chase cards.

Regards.

Valued Contributor
afbar1114
Posts: 2,179
Registered: ‎01-09-2012
0

Re: difference between chase freedom visa and chase freedom visa signature.


a4aseph wrote:

Hi guys..!!

I just got my chase freedom visa signature card in the mail with a CL of 7k. I'm so happy.

Actually me and my wife we have a joint chase checking and savings account, we went to the local branch other day for some reason and the agent told us that we both are pre approved for this card we gave it a shot and both approved instantly she got 5k and i 7k.

But she got chase freedom platinum visa ang i got this one.

My question is whats the difference between both cards ?

I do know that in the past visa signature did'nt use to report CL but from this year i guess they do report i'm sure coz my brother has one and it's reporting now.

Other than that whats the difference and which one is better ?

btw i don't know my scores but this is my second highest CL after citi simplicity 9k which i got last december.

One more good news for me that discover student more finally increased my  CL from 1k to 2k and i received a letter from them later for 4k but they lady said when i called, its too early to get another increase.

Please suggest about chase cards.

Regards.


visa siggy starts at 5k.....visa goes up to$4999.99


In my wallet: AMEX Gold; Freedom $1.5k; CSP $5k; Chase United $5k; Discover $2k
Last HP: 4/30
Blogger
FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
0

Re: difference between chase freedom visa and chase freedom visa signature.

VISA Signature has some rockin' concierge services.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Established Contributor
TannerK
Posts: 1,275
Registered: ‎12-02-2010
0

Re: difference between chase freedom visa and chase freedom visa signature.


FrugalRican wrote:

VISA Signature has some rockin' concierge services.


YM(most certainly)V

Established Contributor
Koop10010
Posts: 731
Registered: ‎02-15-2012
0

Re: difference between chase freedom visa and chase freedom visa signature.


afbar1114 wrote:

a4aseph wrote:

Hi guys..!!

I just got my chase freedom visa signature card in the mail with a CL of 7k. I'm so happy.

Actually me and my wife we have a joint chase checking and savings account, we went to the local branch other day for some reason and the agent told us that we both are pre approved for this card we gave it a shot and both approved instantly she got 5k and i 7k.

But she got chase freedom platinum visa ang i got this one.

My question is whats the difference between both cards ?

I do know that in the past visa signature did'nt use to report CL but from this year i guess they do report i'm sure coz my brother has one and it's reporting now.

Other than that whats the difference and which one is better ?

btw i don't know my scores but this is my second highest CL after citi simplicity 9k which i got last december.

One more good news for me that discover student more finally increased my  CL from 1k to 2k and i received a letter from them later for 4k but they lady said when i called, its too early to get another increase.

Please suggest about chase cards.

Regards.


visa siggy starts at 5k.....visa goes up to$4999.99


While Visa Signatures require a minimum line of $5,000, Visa Platinums can also be issued with lines of $5,000 or higher.  My mother has a Bank of America Visa Platinum that last I knew was around $10,000 credit limit.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday
Regular Contributor
daveg38
Posts: 210
Registered: ‎01-01-2012
0

Re: difference between chase freedom visa and chase freedom visa signature.

I'd like both.  The difference is that I have neither (yet - waiting on docs to pass through for final approval).

Established Contributor
Chris123nTx
Posts: 500
Registered: ‎05-11-2007
0

Re: difference between chase freedom visa and chase freedom visa signature.

[ Edited ]
The difference between the two versions is that the visa signature allows you to charge over and above your revolving credit line that they gave you. If your limit is 7500, you could charge 10k (hypothetically) in a month and there shoild not be an issue. However you can only revolve up to your revolving limit. That means anything over and above 7500 in this example would be due by your next payment due date, but if you wanted to, you could let the 7500 revolve from month to month.

I am making this sound to hard. It is like having a visa credit card and a visa charge card in one.

They do report the revolving credit limit to the credit agencies just like any other card, but call it, at least on my reports, a flexible spending account.
Valued Contributor
boomhower
Posts: 1,863
Registered: ‎09-20-2011
0

Re: difference between chase freedom visa and chase freedom visa signature.

The Siggy is by far the better card, it has some very nice perks to it.

Valued Contributor
bribro
Posts: 1,367
Registered: ‎04-20-2012
0

Re: difference between chase freedom visa and chase freedom visa signature.

I was recently approved for a Freedom card with a $3k limit, which I immediately had bumped to $15k via a SP CLI over the phone. After waiting 2 weeks for the card to arrive in the mail (and agonizing every time I went to buy groceries, knowing I was missing out on that 5%) I called a CSR to see what's up. She said I should have received it by now, apologized and said she would overnight another card.

 

While on the phone I took the chance to confirm whether or not my card was a Visa Signature and after putting me on hold to check she said no. I asked if I could be converted to a Signature version and she said it wouldn't be possible until a year has passed. Oh well. Not a big deal since my CSP is a Signature card. I wonder how they determine who gets Signature and who doesn't...

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Senior Contributor
john398
Posts: 3,526
Registered: ‎01-19-2009
0

Re: difference between chase freedom visa and chase freedom visa signature.


Koop10010 wrote:

afbar1114 wrote:

a4aseph wrote:

Hi guys..!!

I just got my chase freedom visa signature card in the mail with a CL of 7k. I'm so happy.

Actually me and my wife we have a joint chase checking and savings account, we went to the local branch other day for some reason and the agent told us that we both are pre approved for this card we gave it a shot and both approved instantly she got 5k and i 7k.

But she got chase freedom platinum visa ang i got this one.

My question is whats the difference between both cards ?

I do know that in the past visa signature did'nt use to report CL but from this year i guess they do report i'm sure coz my brother has one and it's reporting now.

Other than that whats the difference and which one is better ?

btw i don't know my scores but this is my second highest CL after citi simplicity 9k which i got last december.

One more good news for me that discover student more finally increased my  CL from 1k to 2k and i received a letter from them later for 4k but they lady said when i called, its too early to get another increase.

Please suggest about chase cards.

Regards.


visa siggy starts at 5k.....visa goes up to$4999.99


While Visa Signatures require a minimum line of $5,000, Visa Platinums can also be issued with lines of $5,000 or higher.  My mother has a Bank of America Visa Platinum that last I knew was around $10,000 credit limit.


I have a few Visa Platnium cards with Lower limits from Citi and Capital One so I don't think platnium is as high as Singature


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}