Re: Chase; use it or lose 50% of it

Turbobuick · ‎11-12-2025

Chase Amazon noticed I haven't used their card since early this year. I decided after 15 yrs, Prime was no longer worth it. That makes their card pretty irrelevant except for the cash back deals at Amazon Fresh, but they're closing our local store early next year. The lower CL is fine and still more than we actually need. Tempted to just close the card. Ironically, carry 22K CL on Freedom card that we use even less. lol

"We periodicaly review customer accounts to make sure credit lines match their spending needs. During a recent review of your account and credit history, we noticed that your overall card usage with Chase and other issuers is low. Because of this, we may lower your credit limit to $6,000.00 in 50 days. If you anticipate a change in your spending needs, you can opt out of the review by contacting us at the number at the top of this letter or the number on the back of your card within 50 days.

AndySoCal · ‎11-12-2025

If it were me I would close the Amazon card and probably close the Chase Freedom as well. The Chase Freedom because if they are warning of credit limit decrease one card too me it is a matter of time until you receive the same notice on the Freedom.

FICO Scores XPN v8 805 V2 831 (SDFCU) TUC V 8 800 07/25 EFX Bankcard v8 822 EFX FIC0 v8 808 Vantage score 4.0 817 via JC Penney
JC Penney 10/2008 4,700 US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 14,100, State Dept. FCU 06/2023 30,000 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Commonwealth Credit Union 15000 07/25 Walmart One 5000 12/04/25
Banks and Credit Unions: Lafayette FCU Fortera FCU State Department FCU Redstone FCU Hughes FCU Commonwealth FCU Veridian Credit Union Utah Community Credit Union
My personal blacklist Axos Bank, Bank of America, Synchrony Bank Capital One TD Bank BMO Langley FCU Paypal

ptatohed · ‎11-12-2025

Just opt out?

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi CUSTOM CASH “C” // citi ThankYou (5% gas, lucrative spending offers) // mylowe’s Rewards // Target circle card

Rotating 5% CB:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

ocheosa · ‎11-12-2025

@Turbobuick I just went through the opt out process, it's super easy. Took more time moving through the phone tree to get to an agent than the actual 30 seconds to request opt out and the rep updating the account.

[4/26] Scores 8/9: 800s. Util: ≤ 1%. AoOA: 18.9y, AoYA: 4m. New Acct: 1/12, 2/24. Inq/12: EQ 0, EX 1, TU 0.
TCL $738.5K: Personal $597.5K, Business $141K.

Realist · ‎11-12-2025

Charge something for $5 and let the cards lay where they fall. Chase is very generous with their credit lines, but it's also speculated they have ceilings in how much they extend in total credit.

From a rewards card perspective, they control the market. So having too many open Chase lines, or high chase lines is non-productive.

Keeping the account open also adds ongoing age to the portfolio. Closing it gives a date plus 10 years - give or take. Keep it open, it costs nothing to do this.

This is an opportunity every which way.

$XXX,XXX in credit lines.
Multiple months in free credit reward vacations.
$X,XXX in bank rewards in only 12 months.
I like FREE...

800+ FICO.

Making all numbers dance on a financial ledger.
Abuse that score responsibility.

Take nothing I say as financial advice. DYODD.

ElvisCaprice · ‎11-13-2025

If your not going to opt out, then I would take control and CLD the account to the amount I deem good for proper utilization. If you have a better option, CC, and/or never plan to use it, then close it.

BofA: