03-15-2009 10:40 AM
I noticed that my chase card dosent have a credit limit and that equifax is not putting this card in my total ultization. Ive had the card since 99 It was explained to me that it is a signature card and has no credit line.
My question is should I keep the card since its has a lifetime apr of 4.99% or should I ask for a product change.
Its kinda weird I am not getting any points for this card on Fico. Maybe I am wrong but I have been looking at the ultization for the last 3 months and its only adding up my 3 other cards. And this card is my longest active card and most avalible credit. any advise??????
03-15-2009 11:07 AM - edited 03-15-2009 11:13 AM
Call Chase's customer service department and ask to have the card changed to the non-Signature version. Or, if there is another Chase card that appeals to you, ask for a product change to the non-Signature version of that card. A non-Signature account will report a credit limit.
Our forum members have had very good luck with Chase when requesting a product change from Signature to non-Signature.
EDIT: I forgot to address the lifetime 4.99% APR. I assume you're carrying a balance at that rate. In the past, Chase never made any changes to existing APRs when converting from Signature to non-Signature. However, given the current economic climate, this policy might have changed. You'd have to ask the Chase customer service representative what would happen to the 4.99% APR.
03-15-2009 11:11 AM
Do NOT mess with this card. In today's credit climate- keep it- the age is helping you. Don't worry about it not reporting a limit You should work on getting the other 3 cards down to 10 % utilization.
4.99 Thats awesome-
03-15-2009 12:52 PM - edited 03-15-2009 12:57 PM
sometimes... usually pay off before billing cycle but the last 2 months i have carried a balance
but most of the time I pay the card in full what in your opinion is the best card to have from chase (rewards)
I am thinking they might let me keep the original date that card was issued becase it does help with AAOA
If I dont it would mess that up and I would lose about 2 years of AAOA... Was looking at the perfect card
wont have any problems getting any card fico scores in high 700