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Regular Contributor
Posts: 211
Registered: ‎08-23-2012
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whats 10/10 chase

I see people talking about 10/10 chase and Im wondering what exactly it is, someone explain it to me. I have checkin/savings account with chase and the freedom, so I wanted to know about this.

Frequent Contributor
Posts: 396
Registered: ‎04-02-2012
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Re: whats 10/10 chase

I was about to ask the same thing.  I have a checking/savings and now Freedom card with them.  I was going to close my savings account with them and move it to Schwab where I do my main banking, but I may leave it there if it helps get me a Chase Sapphire Preferred in 6 months when I go for the app.

My Wallet:
Discover It $14,300 | Chase United $12,000 | Chase Sapphire Preferred $7,000 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $4,200 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL
Moderator Emeritus
Posts: 10,900
Registered: ‎12-30-2011
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Re: whats 10/10 chase

I think this was the best thread on it:

 

http://ficoforums.myfico.com/t5/Credit-Cards/CSP-Freedom-Checking-Use-wisely/m-p/1355519

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
Goal Score: 700 on EQ 04 (01/01/16)


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Frequent Contributor
Posts: 316
Registered: ‎04-07-2012
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Re: whats 10/10 chase

I once had the same dilema b/c of the 10/10, do I leave Schwab completely and make Chase my primary bank? I decided to keep Schwab as my primary bank because of their customer service, free checks, and no ATM fees ever!! I PC'd from Freedom to a CSP however, I still maintain a Chase account and use my debit card. The 10/10 helps you accumulate points faster that can be used in Ultimate Rewards. 

Regular Contributor
Posts: 211
Registered: ‎08-23-2012
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Re: whats 10/10 chase

Thanks @revelate

Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
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Re: whats 10/10 chase


PrettyNPink wrote:

I once had the same dilema b/c of the 10/10, do I leave Schwab completely and make Chase my primary bank? I decided to keep Schwab as my primary bank because of their customer service, free checks, and no ATM fees ever!! I PC'd from Freedom to a CSP however, I still maintain a Chase account and use my debit card. The 10/10 helps you accumulate points faster that can be used in Ultimate Rewards. 



I'm confused. Why did you forfeit the 10/10 on your Freedom card by switching to CSP (thus also forfeiting the amazing sign-up bonus)?

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)
Frequent Contributor
Posts: 316
Registered: ‎04-07-2012
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Re: whats 10/10 chase

The APR on my Freedom was too high and they refused to increase it. At the time, I did not purchase gas so having the card was not worth it to me. I can always get a Freedom card, its the easiest Chase card to obtain. However, its much difficult to get a CSP so I jumped at the opportunity.

Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
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Re: whats 10/10 chase


PrettyNPink wrote:

The APR on my Freedom was too high and they refused to increase it. At the time, I did not purchase gas so having the card was not worth it to me. I can always get a Freedom card, its the easiest Chase card to obtain. However, its much difficult to get a CSP so I jumped at the opportunity.


I'm guessing you meant decrease in regards to your APR. What's the connection between the Freedom card and gas? Did they use to give a year-round bonus for gas purchases?

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)
Frequent Contributor
Posts: 316
Registered: ‎04-07-2012
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Re: whats 10/10 chase

Yes, I meant decrease. You can get cash back on gas during ceratin months.

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