topic Re: Chase Freedom Plus Gone-Advice? in Credit Cards

Chase Freedom Plus Gone-Advice?

Anonymous — Mon, 06 Jun 2011 22:46:18 GMT

Hi all,

I'm looking for advice. Chase recently revoked my Freedom Plus card, and converted it to the standard "rotating category" Freedom card, which is somewhat useless to me (this month it's Home Improvement). I netted between 750$-1000$ in rewards per year with my Plus card for the past 3-4 years, so I'm sad to see it go.

I currently have the following cards:
Capitol One Platinum Prestige (Sock Drawer, 5k limit)
Amex Blue (Rarely used, 7.5k limit)
Discover Open Road (Used for gas exclusively, 6.3k limit)
Chase Freedom Plus (daily spender, 10.5k limit)
Chase United Mileage Plus (joint card w/girlfriend to manage split purchases, 15k limit)
Wells Fargo Platinum Card (used once monthly for tolls, 15k limit)
FIA Visa (Sock Drawer, 5k limit)

I pay all balances in full monthly, never approach limits, and have an 800+ fico. I spend about 25k a year on my Chase Freedom Plus card. I do not travel often, and when I do it's free standby. Most of the cards above have no rewards associated with them, so I would be open to converting one of them to a different card to use as a daily spender. I would also be open to an annual fee if the card is worth it.

I've considered using the Amex Blue card, but it just seems to take too long to gear up, and Amex isn't accepted at many stores I frequent. I have looked into the Chase Sapphire card, and the Capitol One Venture Rewards, but since I don't travel often, they don't seem to be worthwhile.

I'm looking for a card that can replace my Chase card and provide as close to the previous return as possible.

Any help would be much appreciated! Thank you!

Re: Chase Freedom Plus Gone-Advice?

Awesomely — Mon, 06 Jun 2011 23:23:17 GMT

See if you can convert your Capital One Platinum card to their Cash Rewards card, 2% cashback at grocery stores and gas stations.

Re: Chase Freedom Plus Gone-Advice?

Anonymous — Tue, 07 Jun 2011 00:34:14 GMT

I feel your pain, I'm in the same boat. The Freedom Plus card is by far the best I've had overall and although I've been expecting that letter for some time now, I just kept hoping that a few of us would slip through the cracks. The Freedom card doesn't do much for me, so I switched to the Sapphire Preferred which doesn't do much for me either. I also switched my Blue Cash to the the Blue Cash Preferred so I'll get 6% on groceries and 3% on department stores. It also has 3% on gas but I have 2 other cards that beat that, so it isn't much of a help. The 3% on utilities, cell phones, land lines and all the other categories will be missed along with the $250 check after $200 in rewards. Best of luck to you but we'll lose no matter which way we go.