topic Re: Question about Chase Marriot Visa Signature in Credit Cards

Question about Chase Marriot Visa Signature

new_earth — Wed, 27 Aug 2014 02:45:08 GMT

I was recently approved for the above card and had no idea until it came in the mail that it was going to be a Signature (yay, my first one).

I have read before that some of them do not report a CL. Does this one? I sure hope so, it was a decent limit @ 5,000. Thanks!

Re: Question about Chase Marriot Visa Signature

Anonymous — Wed, 27 Aug 2014 02:48:30 GMT

I've had this card since 2006. They used to only report your high balance, but now they report a limit (and I've found the NPSL to be bunk with this card anyway)

Re: Question about Chase Marriot Visa Signature

new_earth — Wed, 27 Aug 2014 02:50:58 GMT

@Anonymous wrote:
I've had this card since 2006. They used to only report your high balance, but now they report a limit (and I've found the NPSL to be bunk with this card anyway)

ok good, thanks.

Re: Question about Chase Marriot Visa Signature

Closingracer99 — Wed, 27 Aug 2014 03:50:41 GMT

@Anonymous wrote:
I've had this card since 2006. They used to only report your high balance, but now they report a limit (and I've found the NPSL to be bunk with this card anyway)

There is a sort of "NPSL" since you are allowed to go over it on siggy cards. Lets for example you have a $12,000 limit. You could in theory put $13,000 but that $1,000 over your Credit limit has to be PIF. The Bank can still decline though

Re: Question about Chase Marriot Visa Signature

Anonymous — Wed, 27 Aug 2014 04:06:44 GMT

@Closingracer99 wrote:
@Anonymous wrote:
I've had this card since 2006. They used to only report your high balance, but now they report a limit (and I've found the NPSL to be bunk with this card anyway)
There is a sort of "NPSL" since you are allowed to go over it on siggy cards. Lets for example you have a $12,000 limit. You could in theory put $13,000 but that $1,000 over your Credit limit has to be PIF. The Bank can still decline though

Yeah, I know how they sell it, just saying that it doesn't match my experience. There was a time years ago when I was spending $1-2k a week on this card (reimbursed business travel) with only a $5000 limit so I've hit it many many times and every charge over has been declined. When I complained to Chase about it, they said all they could do is increase the revolving CL but wanted to do a hard pull so I declined.

Re: Question about Chase Marriot Visa Signature

Closingracer99 — Wed, 27 Aug 2014 04:25:51 GMT

@Anonymous wrote:
@Closingracer99 wrote:
@Anonymous wrote:
I've had this card since 2006. They used to only report your high balance, but now they report a limit (and I've found the NPSL to be bunk with this card anyway)
There is a sort of "NPSL" since you are allowed to go over it on siggy cards. Lets for example you have a $12,000 limit. You could in theory put $13,000 but that $1,000 over your Credit limit has to be PIF. The Bank can still decline though

Yeah, I know how they sell it, just saying that it doesn't match my experience. There was a time years ago when I was spending $1-2k a week on this card (reimbursed business travel) with only a $5000 limit so I've hit it many many times and every charge over has been declined. When I complained to Chase about it, they said all they could do is increase the revolving CL but wanted to do a hard pull so I declined.

Then Maybe Chase declines to offer a revolving Credit limit. It shows on my Credit karma that it is one though. Citi offers this perk with my Citi TYP card and it isn't even a Visa Siggy.

Re: Question about Chase Marriot Visa Signature

Anonymous — Wed, 27 Aug 2014 04:28:15 GMT

5k is the min for a visa siggy but google visa signature perks and it should tell you more about it. Source straight from Visa

Re: Question about Chase Marriot Visa Signature

Closingracer99 — Wed, 27 Aug 2014 04:31:35 GMT

@Anonymous wrote:
5k is the min for a visa siggy but google visa signature perks and it should tell you more about it. Source straight from Visa

No Chase puts on a Hard $5,000 min for a Visa Siggy card.

Citi has been know to do it at a bit less. Also my Citi is a Visa non siggy but with a revolving Credit limit of now $6,000. It was $4,000 when i got approved. shows up on my citi account as revolving credit limit and on my Reports

Re: Question about Chase Marriot Visa Signature

Anonymous — Wed, 27 Aug 2014 11:44:55 GMT

Hmm, I see a credit limit on mine when I log into the chase website

Re: Question about Chase Marriot Visa Signature

Closingracer99 — Wed, 27 Aug 2014 13:27:53 GMT

@Anonymous wrote:
Hmm, I see a credit limit on mine when I log into the chase website

Visa Siggy's even with a revolving credit limit will have a Certain limit to them. That is the amount you could float with if you wanted to. As I said before if you have a $12,000 revolving credit limit you could at the Banks discretion could let you go over it by however much they want. You can put $13,000 on it but you would have to pay off $1,000 to PIF the amount you are over which in this case is $1,000 + you have the pay the min payment of $25 or $35 depending on bank