topic Re: Why Chase? in Credit Cards

Why Chase?

skorpyo3 — Wed, 06 May 2015 00:34:41 GMT

From everything I've read, and personal experience, not sure why so many people want Chase. I'd much rather have BofA. Better customer service and they will grow with you unlike Chase. Hate that bank!

UPDATE: Contacted Chase today and asked specifically what I need to do to be approved in one year. The only real thing I had going against me was too many new accounts and recent inquiries. Since I applied with Chase in mid April, I've been gardening. Many inquiries will fall off my credit reports ,and I will have between 1-2 years established credit. I also PIF on all my cards. My Venture CL $15,000 hasn't reported yet, as it will surely help. My Fico should be above 700. I did have a BK in 2012, but this was not their determining factor.

Re: Why Chase?

iwazl71 — Tue, 05 May 2015 19:42:08 GMT

Not sure where you get that but i think they are both great.

My bofa card is at 40k started at 5k

my csp is at 43.5k started at 5k

my freedom is at 33.5k started at 3k

all 3 cards about 2 years old....

Re: Why Chase?

Anonymous — Tue, 05 May 2015 19:43:17 GMT

@skorpyo3 wrote:
From everything I've read, and personal experience, not sure why so many people want Chase. I'd much rather have BofA. Better customer service and they will grow with you unlike Chase. Hate that bank!

Nothing wrong with hating Chase. We all have banks that works best for our financial needs. Personally, Chase Bank works for me well as I don't do business with BOA. So everyone is different.

Re: Why Chase?

Strogen — Tue, 05 May 2015 19:43:24 GMT

@skorpyo3 wrote:
From everything I've read, and personal experience, not sure why so many people want Chase. I'd much rather have BofA. Better customer service and they will grow with you unlike Chase. Hate that bank!

Why Chase? The bonuses.... obviously.... I have got 6 Chase cards in the last 6 months. All of them had some sort of bonus.

BoA cant compete with that but I do agree that they will grow with you. With Chase, you can move limits around. Hell I could put everything on one card and have over a 50K limit.

Re: Why Chase?

skorpyo3 — Tue, 05 May 2015 19:44:07 GMT

They approved me last month then declined me. It was a headache dealing with them. Never again!

Re: Why Chase?

Anonymous — Tue, 05 May 2015 19:46:38 GMT

It is because everybody wants/needs something different. Not everybody spends the same or does the same thing. Take me for instance, I have, BoA Cash Rewards and Chase Marriott Rewards & Freedom Cards. All of them have their place and based on what I am doing or where I am spending will depend on the card that I use. I tend to stay at Marriott Properties when I travel so that card makes perfect sense to me (1 free night per year and the rewards on top of that make up for the AF). With both the Cash Rewards and Freedom cards have their place as well. I spend more that $1,500 on gas per year which would mean that anything over that w/BoA is nly 1% CB. With Chase, the CB catagories for 5% change per quarter, so in some quarters I would spend the max allowed for 5%.

So to your question, each card and each bank have their ups and downs. If you are only choosing a card based on their customer service then you will not maximize your rewards.

Re: Why Chase?

Sharingan — Tue, 05 May 2015 19:48:52 GMT

I'm sure a lot of people have that same negative opinion of BoA. In my opinion, Chase has the best cards of all the banks, and their bonuses are the most attractive as well. See how that works? Everyone is going to have their own opinion on the products/services/businesses they have used.

Re: Why Chase?

skorpyo3 — Tue, 05 May 2015 20:00:41 GMT

Thanks again, Yes-Its-Me! Maybe hate is not the right word. I despise them. Lol. They had me in circles. I even contacted the EO. In this case, it was the principle. I was approved, then denied after I called in to check status a few days later with another credit analyst. I shouldn't have called back, but some things just happen for a reason. I'm now with BofA and their customer service has been amazing, to say the least.

Re: Why Chase?

Anonymous — Tue, 05 May 2015 20:03:16 GMT

@skorpyo3 wrote:
Thanks again, Yes-Its-Me! Maybe hate is not the right word. I despise them. Lol. They had me in circles. I even contacted the EO. In this case, it was the principle. I was approved, then denied after I called in to check status a few days later with another credit analyst. I shouldn't have called back, but some things just happen for a reason. I'm now with BofA and their customer service has been amazing, to say the least.

I understand as I'd hate them too you know if they put me through the ringer like that. But give it sometime. Chase is weird. There are plenty of people here who have BK and got in with them...

Have you burn them before?

Re: Why Chase?

skorpyo3 — Tue, 05 May 2015 20:05:31 GMT

Nope, never burned them.

Re: Why Chase?

Anonymous — Tue, 05 May 2015 20:07:21 GMT

@skorpyo3 wrote:
Nope, never burned them.

Then you will be fine.. All you need is time. I know people with BK who have gotten in with them so hang in there. They say time heals all wound you know and hopefully, you'd get love from them then.

Re: Why Chase?

skorpyo3 — Tue, 05 May 2015 20:08:11 GMT

I sincerely appreciate the support from many of you. Thank you.

Re: Why Chase?

Anonymous — Tue, 05 May 2015 20:09:41 GMT

To each his own. Have nothing bad about them to say....yet!

Re: Why Chase?

skorpyo3 — Tue, 05 May 2015 20:11:51 GMT

Yes-Its-Me, I can't thank you enough for your support and meaningful comments. Thanks for your help.

Re: Why Chase?

Luscher — Tue, 05 May 2015 20:12:44 GMT

I like them both. I like Chases cards better, in terms of customer service....haven't really used either that much, if at all.

Re: Why Chase?

Anonymous — Tue, 05 May 2015 20:12:53 GMT

@skorpyo3 wrote:
Yes-Its-Me, I can't thank you enough for your support and meaningful comments. Thanks for your help.

You are welcome.....

Re: Why Chase?

Anonymous — Tue, 05 May 2015 20:13:12 GMT

@skorpyo3 wrote:
Thanks again, Yes-Its-Me! Maybe hate is not the right word. I despise them. Lol. They had me in circles. I even contacted the EO. In this case, it was the principle. I was approved, then denied after I called in to check status a few days later with another credit analyst. I shouldn't have called back, but some things just happen for a reason. I'm now with BofA and their customer service has been amazing, to say the least.

No one really knows why they would have changed their decision like that. Does it suck, yes. Chase can be very weird like that. I know, I've been dealing with them for years now between my mortgage and 2 cc's.

Re: Why Chase?

Anonymous — Tue, 05 May 2015 20:14:20 GMT

@Anonymous wrote:
@skorpyo3 wrote:
Thanks again, Yes-Its-Me! Maybe hate is not the right word. I despise them. Lol. They had me in circles. I even contacted the EO. In this case, it was the principle. I was approved, then denied after I called in to check status a few days later with another credit analyst. I shouldn't have called back, but some things just happen for a reason. I'm now with BofA and their customer service has been amazing, to say the least.
No one really knows why they would have changed their decision like that. Does it suck, yes. Chase can be very weird like that. I know, I've been dealing with them for years now between my mortgage and 2 cc's.

Agreed... Very weird sometimes. I think with time, OP should be able to get in with them.

Re: Why Chase?

icyhot — Tue, 05 May 2015 20:15:40 GMT

And I will say, Chase is very weird. They denied me for their lower tier cards, (Amazon, Slate, Freedom) for inquires and new accounts and then approved me for the CSP with a way weaker profile and way more inquires. I'm not complaining

Re: Why Chase?

8in2years — Tue, 05 May 2015 20:20:59 GMT

Chase gave me a hard time too when I applied for Marriot and CSP back in March of this year. At first, they said I was denied then approved. I was very persistant with the EO though. I had no BK, collections or recent lates. I'm happy with the cards now that I have them. I'm just glad to be part of the Chase family, after eyeing those cards for over a year. To OP, sorry about your cancer, glad you are okay.