topic Re: Chase Freedom PC to Flex question in Credit Cards

Chase Freedom PC to Flex question

xenon3030 — Fri, 25 Dec 2020 23:58:44 GMT

I have Chase Freedom card for several years. Considering that this card is Visa and the new Flex card is Mastercard, I expect that product change may result chaning the account number. If it would be the case, it may result closing the old aged account and opening a new accont that may result credit score degradation.

Could somebody inform the consequences of this PC? Is there any downside? If it may hurt the credit report, I may keep the Freedom Visa Card and in future, I would apply for Flex Mastercard (but not PC).

Re: Chase Freedom PC to Flex question

FinStar — Sat, 26 Dec 2020 00:04:00 GMT

The history of the account is retained. All Chase does is switch your account number and network type. If you're subscribed to any CMS, the only alert you may potentially receive is "account number change" (or something to that effect). So, in a nutshell, no AAoA or AoYA impact with the PC.

Re: Chase Freedom PC to Flex question

xenon3030 — Sat, 26 Dec 2020 00:21:46 GMT

Good. Therefore, I go for PC.

Can the PC request be done online (e.g. Chase secure mesage)?

Re: Chase Freedom PC to Flex question

FinStar — Sat, 26 Dec 2020 00:40:26 GMT

@xenon3030 wrote:
Good. Therefore, I go for PC.

Can the PC request be done online (e.g. Chase secure mesage)?

Yes and no. Yes you can submit the request via SM, but they may want you to call them. They would need confirmation that you're aware of the account number and network change.

Re: Chase Freedom PC to Flex question

Yankee2 — Sat, 26 Dec 2020 02:07:52 GMT

FWIW,

I pondered either PCing to Flex or new apping. Ended up apping for the Flex and closed my Freedom. (opened 5/17) Don't regret it.

If your under 5/24 and you PC, you give up the $200 SUB and I'm not sure if you also give up the 5% grocery.

Re: Chase Freedom PC to Flex question

Anonymous — Sat, 26 Dec 2020 03:15:35 GMT

I PC'd my CF to CFF. The 5% categories are the same, the CL stays the same, and for the most part the Chase offers are the same or similar. The difference is its a Mastercard. If you don't care about that, then the advantages of the card is the 3% categories.

Re: Chase Freedom PC to Flex question

xenon3030 — Sat, 26 Dec 2020 05:12:13 GMT

For the moment, I almost don't see major differences, if I PC to Flex or if I keep Freedom. I also don't see major differences between Visa and Mastercard (is there any?). Since Flex has more perks, these benefits might be useful in future after the pandemic gets over (Lyft, Doordash, etc.).

For dining, the new USB Attitude Go seems to the best available card.

Re: Chase Freedom PC to Flex question

randomguy1 — Sat, 26 Dec 2020 06:42:03 GMT

@xenon3030 wrote:
Good. Therefore, I go for PC.

Can the PC request be done online (e.g. Chase secure mesage)?

Chase requires a call for PC.

Re: Chase Freedom PC to Flex question

redheadtempe36 — Sun, 27 Dec 2020 22:44:55 GMT

I also don't see major differences between Visa and Mastercard (is there any?)

Costco.

And it is big difference if the CFF has wharehouse clubs as a category.

Re: Chase Freedom PC to Flex question

fatcomic — Mon, 28 Dec 2020 13:05:52 GMT

@redheadtempe36 wrote:
I also don't see major differences between Visa and Mastercard (is there any?)

Costco.

And it is big difference if the CFF has wharehouse clubs as a category.

CFF does have wholesale clubs as a 5% category in 2021 Q1, also has internet, cable & Phone Services as well as select streaming services.

Re: Chase Freedom PC to Flex question

Anonymous — Mon, 28 Dec 2020 15:21:13 GMT

@Anonymous wrote:
I PC'd my CF to CFF. The 5% categories are the same, the CL stays the same, and for the most part the Chase offers are the same or similar. The difference is its a Mastercard. If you don't care about that, then the advantages of the card is the 3% categories.

Forgot to add the 5% cash back for travel. I wasn't much of a Chase portal fan for travel, but I just booked a trip yesterday and found the Chase portal to either match exactly the lowest price I usually can find or beat the lowest price on most, so the 5% cash back feature is worth a lot with the card.

Just with that perk only, for me, I would PC the Freedom.

Re: Chase Freedom PC to Flex question

xenon3030 — Mon, 28 Dec 2020 15:36:22 GMT

Costco accepts only Visa. How should this mastercard get used for the purchases to cover 5% cashback (paying by google pay is feasible but not sure whether it codes it correctly)?

Re: Chase Freedom PC to Flex question

randomguy1 — Mon, 28 Dec 2020 16:05:54 GMT

@xenon3030 wrote:
Costco accepts only Visa. How should this mastercard get used for the purchases to cover 5% cashback (paying by google pay is feasible but not sure whether it codes it correctly)?

You can use a MasterCard at Costco online. If you wish to purchase in-store, purchase a

Costco cash card to use in store.

Re: Chase Freedom PC to Flex question

fatcomic — Mon, 28 Dec 2020 16:41:17 GMT

Sam's club accepts MC online and in-club. There is another club here in some places called BJ's, I'm not sure what cards they accept it is too far away from me to consider joining.

Re: Chase Freedom PC to Flex question

xenon3030 — Mon, 28 Dec 2020 16:50:23 GMT

If I charge the costco cashcard with CFF (assuming it needs to get pre-charged in advance by CFF), does CFF code it correctly to receive 5% chashback?

Re: Chase Freedom PC to Flex question

randomguy1 — Mon, 28 Dec 2020 16:55:47 GMT

@xenon3030 wrote:
If I charge the costco cashcard with CFF (assuming it needs to get pre-charged in advance by CFF), does CFF code it correctly to receive 5% chashback?

Assuming you bought it at Costco.com, I don't see why it would not. Other Chase cards code the shop you purchase their gift cards at correctly.

Re: Chase Freedom PC to Flex question

FalconSteve — Tue, 29 Dec 2020 02:27:19 GMT

@xenon3030 wrote:
I have Chase Freedom card for several years. Considering that this card is Visa and the new Flex card is Mastercard, I expect that product change may result chaning the account number. If it would be the case, it may result closing the old aged account and opening a new accont that may result credit score degradation.

Could somebody inform the consequences of this PC? Is there any downside? If it may hurt the credit report, I may keep the Freedom Visa Card and in future, I would apply for Flex Mastercard (but not PC).

Despite the account number changing, you would keep the history (just like when you get a new card number if you lose your card)

The major downside is that you would lose the option to get the Freedom flex sign up bonus.

Also, you can't use the flex at Costco

Re: Chase Freedom PC to Flex question

ChargedUp — Tue, 29 Dec 2020 08:50:43 GMT

If you also have Freedom Unlimited, the new features of CFF are redundant. This is why I've chosen to leave my Freedom card as a Visa and Costco friendly.

Re: Chase Freedom PC to Flex question

Anonymous — Tue, 29 Dec 2020 12:31:49 GMT

@ChargedUp wrote:
If you also have Freedom Unlimited, the new features of CFF are redundant. This is why I've chosen to leave my Freedom card as a Visa and Costco friendly.

You have a million Costco-friendly Visas and other redundant cards. CFF is mostly an upgrade to the CF benefits.

Re: Chase Freedom PC to Flex question

FalconSteve — Tue, 29 Dec 2020 15:38:51 GMT

@Anonymous wrote:
@ChargedUp wrote:
If you also have Freedom Unlimited, the new features of CFF are redundant. This is why I've chosen to leave my Freedom card as a Visa and Costco friendly.
You have a million Costco-friendly Visas and other redundant cards. CFF is mostly an upgrade to the CF benefits.

The benefit of the Chase Freedom VISA is that you can use that 5% gas category (they seem to do this one quarter per year) at the gas pumps, which you can't do with the flex.