Why Chase doesn't like MasterCard?

newUser0 · ‎03-07-2014

Read some where that Chase is Phasing out all it's cards to VISA versions by end of this year. Seems co-branded cards might be an exception. Does any know more about this?

Even though Visa/Master doesn't have much difference. I would like to have a bit of balance b/w Visa and master Cards...

enharu · ‎03-07-2014

@newUser0 wrote:
Read some where that Chase is Phasing out all it's cards to VISA versions by end of this year. Seems co-branded cards might be an exception. Does any know more about this?

Even though Visa/Master doesn't have much difference. I would like to have a bit of balance b/w Visa and master Cards...

probably has to do with the fees and contract negotiations Chase has with each company.

Visa probably gave Chase better terms.

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).

ProV · ‎03-07-2014

I got notice in the mail yesterday that they are changing out their debit cards from m/c to Visa.. not sure of their cc's though..

mongstradamus · ‎03-07-2014

Originally when I got my freedom last September it was visa and I got it switched to mc when asked customer support via Twitter.not sure if you can still do that or not. Only reason I wanted it to be mc is all my other cards are visa cards.

EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16

newUser0 · ‎03-07-2014

They said, I am not eligible to get a Master version of my Freedom Card. Not sure, why.

nyancat · ‎03-07-2014

"Doesn't like" is applying way too much emotion to a business decision.

American Express Blue Cash Everyday - $11,000; American Express Platinum Cashback Everyday - £3,000; American Express Rewards Credit Card - £7,500; Aqua Reward Mastercard - £3,500; Bank of America Travel Rewards - $5,000; Barclaycard Freedom Rewards - £3,500; Citi Forward - $5,800; Discover It - $10,000; Halifax Clarity - £1,500; HSBC Platinum with Rewards - $5,000, MBNA Everyday Plus - £3,500