My wife and I have been chase customers for 10+years never been late on our house, LOC, credit cards or overdrawn on a checking account. We never carried balances with chase until 3 months ago. We started building a new jeep on june first of this year. I logged online thursday night to make payments, we have about 40k on credit at chase right now. I noticed the limit on our business card had been cut to just above the balance. The limit on the CSP was cut to 1k above balance and they didnt touch any of the JP Morgan cards. I called EX office and they were closed. So I called our Private Client banker and she didnt know what was going on.
Friday morning spoke to Ex office, Curt said she should get back to us by Monday, I said that wasnt going to work and I wanted an answer today... Close of business friday I called back to Ex office who said Curt was the highest I could go and he had left for the day. Given the business cards and JPM dont report on our credit the only thing we would lose is the 40k on the CSP if it report to our credit.
So I figured wth its been a while since ive done anything and called over to the BOA- ML card line and spoke to a nice guy told him I would like to increase my limit on the card, he transfered me over to a SR credit analyst. She looked at my card at 10k and histrory with them 4 full PIF cycles. Asked what I would like, i explained to her about chase cutting our limits and she said she would up the card to 30k and if we closed the chase card, when it reported call her back and she would up it to 50k. She said they were more then happy to take our business and wanted to know what it would take to get our 12-16k a month away from amex. I said she was doing a great job of getting us to switch. she gave me her name and phone number and said she looked forward to talking to us soon.
anyways the first time this happend chase cut the csp from 30k to 10k then i called and raised hell. they put it back to 30k gave it a few months called and upped it to 40k. They blamed it on a computer error...
so this is how we looked to chase when they cut us:
Ink Plus card
5k balance 100k limit
JP Morgan
20k balance 100k limit
CSP
5k balance 40k limit
"As long as the music is playing, you've got to get up and dance," he said. "We're still dancing."---Prince CEO Citi Bank
"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale". ~Zig Ziglar
Amex PRG NPSL, Amex Delta 2k (AU) Discover iT 5k, BOFA Siggy $5k, BOFA AlaskaAir Siggy 5k, BBVA Compass $5k! Macy's $4.5k, C1 $2.5, SFCU $2.5k, SFCU LOC $2k, Paypal SmartC $4k, Sam's 5.5k Victoria Secret $2k, Kay's $1.7k.,76/Citi $1.5k Amazon $5k, Walmart Disco $3k JC Penny $4k, C1 $2.5, BBRZ 700.