Chase Payment Hold

[newUser0]

I made a payment of $2K to my Freedom on Feb 20, but my available credit is still not increased? Any reasons?

[Anonymous]

---

@newUser0 wrote:

I made a payment of $2K to my Freedom on Feb 20, but my available credit is still not increased? Any reasons?

---

Is this a new card? Sometimes they will hold the payment for further verification, especially if its a large or unusual payment amount. Give them a call and they will let you know

[Anonymous]

---

@newUser0 wrote:

I made a payment of $2K to my Freedom on Feb 20, but my available credit is still not increased? Any reasons?

---

is your freedom account new? or are your usual payment amounts much lesser than 2k?

if so, this is normal. Any lender will hold any payments that fall outside your payment patterns, especially if its for a larger sum of money. It may take up to 10 days for it to clear. Basically they just want to make sure there won't be any chargebacks on the payment.

You should call customer service for the details.

[Uppingmyscore]

Sounds like they're holding the credit limit until they actual receive notification/funds from the bank. This can happen.

[newUser0]

Yes guys, I Opened this on Dec 8 2013 and this is my 2nd payment. My first payment was for 300$.

[Anonymous]

---

@newUser0 wrote:

Yes guys, I Opened this on Dec 8 2013 and this is my 2nd payment. My first payment was for 300$.

---

Then they are most likely holding the payment because its a new account with a large payment.. It'll go through

[newUser0]

FYI it was a payment from WF bank. They deducted my checking balance, on Feb 21 it self. 

Another thing is, I made payment of 3K to my United card, from Chase Account. Available credit was updated next day it self. I think WF may be bit slow (Perhaps?)

[bada_bing]

---

@newUser0 wrote:

FYI it was a payment from WF bank. They deducted my checking balance, on Feb 21 it self. 

Another thing is, I made payment of 3K to my United card, from Chase Account. Available credit was updated next day it self. I think WF may be bit slow (Perhaps?)

---

Did you "push" the payment with WF billpay or "pull" the payment with the Chase autopay?

I use my WF checking for all credit card payments. Bill pay is faster but I prefer using the

individual CCC's autopay system . lf there is screwup, then it is on their system and they have

responsibility. "Pulling" a payment from WF using a CCC's system usually takes 2 days to report on both ends

for me.

If it takes longer than 2 days for electronically transfered funds, I would definitely call to find out what's up.

The funds should clear faster than that and Chase has the money.

[newUser0]

I logged into chase online account and then asked it to take money from WF Chekings (pull)

But its aleady 6 days?

[Anonymous]

---

@newUser0 wrote:

I logged into chase online account and then asked it to take money from WF Chekings (pull)

But its aleady 6 days?

---

call them to find out. they may hold it for up to 10 days though.