@mxp114 wrote:
@webhopper wrote:
This thread has good info. When I upgrade to signature will it report as a new account or do I get to keep the same open since date?Same tradeline however your account number should change to the Signature prefix which I think is 4147. Nothing changes during a Chase product change on the report.
Yep. Citi keeps the account history as well but card number changes.
I don't know if this has happened to anyone else, but I had a Chase Amazon Rewards Visa card with a limit of $5,500. A few months ago I lost the card so I requested a replacement from Chase. Low and behold when I got the replacement card in the mail it looked completely different and now says Visa Signature on it along with Amazon Rewards (my previous card did not say Visa Signature on it). I didn't specifically request to upgrade to the Visa Signature card but I guess I'll take it 
Starting Scores (lender pull 3/27/10): 759 (EQ), 752 (TU), 749 (EX)
This reminds me of something we have been thinking about, but have yet to call up Chase and ask. Anyone know if it is possible to PC from a slate to the Disney Premier Rewards card? We've had the slate for almost 5 years.
Edit- Sorry for the thread hijack!
@cashnocredit wrote:
@webhopper wrote:
@nenuco wrote:Would this be considered a full on PC? It seems unlikely as you would keep the same CC #. She seems to not be very helpful as she tells you to apply for another one, but then goes on to say you can't apply for the same card twice. I guess the best thing to do would be to wait 12 months... I may ask for a CLI first then an upgrade to the Visa Signature as I don't want them to be like: "One or the other"
I decided to just wait... My card was opened in Feb, so I just have to wait a few more months. In the meantime, NFCU upgraded me
webhopper,
What they told you is correct. It's a full PC. The card number changes because they charge different rates for different categories of rewards (and non-rewards) cards. It's a way to flag you as a potential big spender and hence justify higher merchant fees.
cnc
This is incorrect. I had my Freedom card upgraded to Signature when I hit a $5k limit, and my account number stayed the same. Four things changed: my card now says Signature on it, my credit limit is now referred to as a credit access line, my cardmember agreement no longer specifies an over-limit fee, and my report now shows my card as a "flexible spending credit card." The account number still starts with 4266, and no new tradeline was opened.
@nenuco wrote:Did you do one before the other (CLI + Visa Upgrade), or both at the same time?
First I got a CLI to $4,500 through underwriting after being initially denid. That was exactly 3x my previous limit, so I didn't dare ask for the full $5,000. Then I called the Chase Executive Office and explained that I was interested in converting to a Signature card. I told them that I understood they usually want (but do not require) a $5k limit to do it, but that if it came down to it, I would take the upgrade to Signature over bumping up to $5k.
They called me back a few days later and were able to successfully give me both the $5k limit and the Signature upgrade. Note that I said they do not require $5k -- I have a coworker who was approved for a Freedom Signature card with a limit less than $3k. That was at application time though; they do generally want you to have a $5k limit if you want to upgrade.
@SwampSystems wrote:
@cashnocredit wrote:
@webhopper wrote:
@nenuco wrote:Would this be considered a full on PC? It seems unlikely as you would keep the same CC #. She seems to not be very helpful as she tells you to apply for another one, but then goes on to say you can't apply for the same card twice. I guess the best thing to do would be to wait 12 months... I may ask for a CLI first then an upgrade to the Visa Signature as I don't want them to be like: "One or the other"
I decided to just wait... My card was opened in Feb, so I just have to wait a few more months. In the meantime, NFCU upgraded me
webhopper,
What they told you is correct. It's a full PC. The card number changes because they charge different rates for different categories of rewards (and non-rewards) cards. It's a way to flag you as a potential big spender and hence justify higher merchant fees.
cnc
This is incorrect. I had my Freedom card upgraded to Signature when I hit a $5k limit, and my account number stayed the same. Four things changed: my card now says Signature on it, my credit limit is now referred to as a credit access line, my cardmember agreement no longer specifies an over-limit fee, and my report now shows my card as a "flexible spending credit card." The account number still starts with 4266, and no new tradeline was opened.
Yup. You're right.. Some banks do use different codes for siggys and world cards but Chase isn't one. That was news to me. Thanks.
This also means the different fees for siggys, regular rewards cards, and non-rewards cards, are looked up eletronically when the merchan is billed and not hard coded. Interesting.
http://usa.visa.com/download/merchants/visa-usa-interchange-reimbursement-fees-june2012.pdf