topic Re: CS--->PC--->Freedom? in Credit Cards

CS--->PC--->Freedom?

randeman — Sun, 13 Jul 2014 20:16:14 GMT

Ok, so be nice, but I searched Sapphire to Freedom but I kept coming up with vice-versa. Since I was just approved for a CSP, I think having both is going to be redundant. I called Chase today and the CSR tried, but she got a rejection. I told her that might be because I won't qualify due to the new law's requirement to have the first card 13 months old. The CS is a year old today. She said it could be that or it could be something else. I am betting it's the age. Anyway, she decided she couldn't tell me for sure if I could PC to Freedom. I am wondering also if it's because my Sapphire is a signature card and (maybe) Freedom is not a siggy? I know, I am being lazy on that one.

What say you?

Re: CS--->PC--->Freedom?

-Wade- — Sun, 13 Jul 2014 20:38:09 GMT

@randeman wrote:
Ok, so be nice, but I searched Sapphire to Freedom but I kept coming up with vice-versa. Since I was just approved for a CSP, I think having both is going to be redundant. I called Chase today and the CSR tried, but she got a rejection. I told her that might be because I won't qualify due to the new law's requirement to have the first card 13 months old. The CS is a year old today. She said it could be that or it could be something else. I am betting it's the age. Anyway, she decided she couldn't tell me for sure if I could PC to Freedom. I am wondering also if it's because my Sapphire is a signature card and (maybe) Freedom is not a siggy? I know, I am being lazy on that one.

What say you?

The Freedom also has a siggy version

Re: CS--->PC--->Freedom?

nachoslibres — Sun, 13 Jul 2014 21:13:41 GMT

@randeman wrote:
Ok, so be nice, but I searched Sapphire to Freedom but I kept coming up with vice-versa. Since I was just approved for a CSP, I think having both is going to be redundant. I called Chase today and the CSR tried, but she got a rejection. I told her that might be because I won't qualify due to the new law's requirement to have the first card 13 months old. The CS is a year old today. She said it could be that or it could be something else. I am betting it's the age. Anyway, she decided she couldn't tell me for sure if I could PC to Freedom. I am wondering also if it's because my Sapphire is a signature card and (maybe) Freedom is not a siggy? I know, I am being lazy on that one.

What say you?

What law is this that we are talking about?

Re: CS--->PC--->Freedom?

Anonymous — Sun, 13 Jul 2014 22:51:53 GMT

@nachoslibres wrote:
@randeman wrote:
Ok, so be nice, but I searched Sapphire to Freedom but I kept coming up with vice-versa. Since I was just approved for a CSP, I think having both is going to be redundant. I called Chase today and the CSR tried, but she got a rejection. I told her that might be because I won't qualify due to the new law's requirement to have the first card 13 months old. The CS is a year old today. She said it could be that or it could be something else. I am betting it's the age. Anyway, she decided she couldn't tell me for sure if I could PC to Freedom. I am wondering also if it's because my Sapphire is a signature card and (maybe) Freedom is not a siggy? I know, I am being lazy on that one.

What say you?
What law is this that we are talking about?

I assume rademan is talking about the CARD act which shouldn't really apply in this case. Issuers cannot change the AF in the first 13 months that a consumer has the card, and many issuers, correctly or incorrectly, are interpreting that to block PCing to cards with a different AF. But in this case both CS and Freedom have no AF.

Re: CS--->PC--->Freedom?

randeman — Mon, 14 Jul 2014 00:16:53 GMT

It is the CARD act, yes, and I have been told on two separate occasions by two different Chase CSRs that ownership of a particular card for 13 months is required before a PC can happen.

Re: CS--->PC--->Freedom?

Anonymous — Mon, 14 Jul 2014 00:21:51 GMT

@randeman wrote:
It is the CARD act, yes, and I have been told on two separate occasions by two different Chase CSRs that ownership of a particular card for 13 months is required before a PC can happen.

That interpretation may just be Chase policy, easier to have a blanket rule against PCing in this period, than to have decide if PCing would cause the conditions to materially change which could cause a CARD act violation.

Re: CS--->PC--->Freedom?

chrisw1968uk — Mon, 14 Jul 2014 00:23:18 GMT

If you wanted to, you could app for the Freedom and then transfer all but $500 of your CS CL to it - chase is great at reassigning kimits between cards

Re: CS--->PC--->Freedom?

randeman — Mon, 14 Jul 2014 00:29:05 GMT

@chrisw1968uk wrote:
If you wanted to, you could app for the Freedom and then transfer all but $500 of your CS CL to it - chase is great at reassigning kimits between cards

Yes, but I don't want the Freedom badly enough to apply for it. I just thought that it was rather redundant to have the CS and the CSP. If I can't PC to the Freedom, then I will find a use for the CS. It would just be nice to have the Freedom (without actually applying for it).

Re: CS--->PC--->Freedom?

randeman — Mon, 14 Jul 2014 00:30:13 GMT

@Anonymous wrote:
@randeman wrote:
It is the CARD act, yes, and I have been told on two separate occasions by two different Chase CSRs that ownership of a particular card for 13 months is required before a PC can happen.
That interpretation may just be Chase policy, easier to have a blanket rule against PCing in this period, than to have decide if PCing would cause the conditions to materially change which could cause a CARD act violation.

This is a very reasonable explanation.

Re: CS--->PC--->Freedom?

LawStudentCivilis — Mon, 14 Jul 2014 00:30:37 GMT

@randeman wrote:
@chrisw1968uk wrote:
If you wanted to, you could app for the Freedom and then transfer all but $500 of your CS CL to it - chase is great at reassigning kimits between cards
Yes, but I don't want the Freedom badly enough to apply for it. I just thought that it was rather redundant to have the CS and the CSP. If I can't PC to the Freedom, then I will find a use for the CS. It would just be nice to have the Freedom (without actually applying for it).

Contact Chase EO. They will fix it for you, and it is painless. They do much more than regular CSR's.

Re: CS--->PC--->Freedom?

randeman — Mon, 14 Jul 2014 00:32:43 GMT

@LawStudentCivilis wrote:
@randeman wrote:
@chrisw1968uk wrote:
If you wanted to, you could app for the Freedom and then transfer all but $500 of your CS CL to it - chase is great at reassigning kimits between cards
Yes, but I don't want the Freedom badly enough to apply for it. I just thought that it was rather redundant to have the CS and the CSP. If I can't PC to the Freedom, then I will find a use for the CS. It would just be nice to have the Freedom (without actually applying for it).
Contact Chase EO. They will fix it for you, and it is painless. They do much more than regular CSR's.

Thanks. That's an option I didn't consider.

Re: CS--->PC--->Freedom?

bichonmom — Mon, 14 Jul 2014 01:19:17 GMT

You could try the EO, but in my experience w/Chase, they have told me that I would need to apply for the card I wanted and then move the CL and cancel the other card. In my case, I actually have the Freedom and don't really use it except one quarter a year. They wouldn't PC, and I've had the card well over a year. They've also been the stingiest with my CLs, too.

They're not bad to deal with, but they're not very user-friendly either. They have their policies in black and white, and don't seem to give CSRs any flexibility in what they can do.

Maybe others have had better experiences... as they say, YMMV.