Credit Card Offers: Chase Bank Credit Cards

11 Responses to “Credit Card Offers: Chase Bank Credit Cards”

1. 1
   BG Says:
   March 27th, 2010 at 10:30 am

   I’ve been very happy with my Simmons First Visa. No annual fee, no rewards, just the lowest rate card available in the US (7.25% variable).

   The _penalty_ rate on the Simmons card (16.25%) is lower than the “Premium” rate on those Chase cards (22%) – lol.

2. 2
   cash back Says:
   March 27th, 2010 at 2:12 pm

   Great info!
   Credit card customers are increasingly turning away from card “reward point” programs. With money tight in the vortex of the Great Recession, card customers would much prefer cash-like options.

   Just my two cents…

3. 3
   Anthony Says:
   March 28th, 2010 at 8:43 am

   Dollar for dollar (so to speak), the PenFed cards look better than the Chase ones. I prefer 5% on gas year around versus Chase’s 5% on rotating categories…

   Also, my biggest worry is having a Chase card that is not accepted somewhere, while PenFed has Visas, which is accepted nearly everywhere.

   @Nickel: Do you plan on doing an apples-to-apples comparison of these cards?

4. 4
   Nickel Says:
   March 28th, 2010 at 9:21 am

   Anthony: Good question. Perhaps we’ll do a roundup of the best cards once we get through more issuers. Also, Chase issues both Visa and Mastercard credit cards.

5. 5
   dePriest Says:
   March 28th, 2010 at 11:27 pm

   One warning about dealing with Chase: you have to watch your statements very carefully. In January last year I received notice that the interest rate on my Chase business card was going to almost double. I called Chase and cancelled the account, payment to be made at my current interest rate. In July I received notice that the interest rate on the (closed) card was going up six more points. I called Chase, and the csr told me to ignore the letter – it didn’t apply to me. Lo and behold, two months later when I received my statement, the interest rate had risen to the rate they’d indicated in July! Once again, I called Chase to check this out. The csr I spoke with said I had to pay the rate since I hadn’t opted out of the second notice. I was outraged, to say the least. I told him there was no way I’d pay an increased rate on a closed card, and I didn’t care what Chase did to my credit rating. I told the csr I would only pay what I owed, with no interest at all, if they didn’t clear this up. Within the week I received a letter that included an apology and confirmation (yay! written confirmation!) that my interest would stay at the rate it was when I opened the account. People have to watch these companies!

6. 6
   smartcredit Says:
   March 29th, 2010 at 2:52 am

   I never pay interest because I always pay in full a day before payment is due. As soon as my closing date arrives, I schedule payment online for the due date and keep copy of the receipt in my folder. Been doing this for many years and never had any problems. Never paid any annual fees on Chase and never paid a penny in interest. They can raise my APY anytime, but if I pay in full each month, I really don’t care.

7. 7
   fairydust Says:
   March 29th, 2010 at 9:10 am

   Has anyone had any luck switching types of cards within one cc company? For example, I currently have a Chase Starbucks Duetto card, which I’ve been informed is going away as Starbucks and Chase are parting ways. So I’ll get a Starbucks gift card with whatever my rewards are at that moment and the Chase card will turn into a “regular” rewards cc with a 1% point rewards system. I am tempted to call Chase and ask if I can switch to, say, the Freedom card without having to close the one and then apply/open a new cc acct. Do they do that sort of thing?

8. 8
   Chuckles Mcgee Says:
   March 29th, 2010 at 4:11 pm

   The Chase Freedom card looks like a great way to supplement 5% from the Discover category. I’m a little peeved at the very low caps for Discover More categories ($200 limit for 5% back on Groceries this month) and will probably look into the Chase card or AMEX Blue Cash in the next few months.

9. 9
   T Roberts Says:
   April 1st, 2010 at 11:15 pm

   Chase Bank, If you follow the rules and pay your balance, They’ll bend you over.
   Chase Banks unethical lowering of credit and damage to credit score of people who should be rewarded for being responsible but instead are punished.

   I have excellent credit and I’ve felt the tender mercies of the “bailed out” Chase Bank up close and person. From the outsourced pod person you might reach after hitting buttons 30 minutes to the thief CEO and President of this whorish bank.
   I wouldn’t walk three feet to a water hose if any of these bastards were on fire.

10. 10
    smartcredit Says:
    April 3rd, 2010 at 2:24 am

    Fairydust, you just have to call Chase and ask or email them. I have Chase Freedom Visa and Chase Freedom MC. I wanted to convert the Visa to another MC, but Chase cannot do it. They said these are two different providers. However, Chase offered to let me convert my Chase Freedom to Sapphire or Slate. My Freedom has better rewards points than the two latter cards, so I declined.

11. 11
    Ruby Says:
    April 29th, 2010 at 2:17 pm

    Ditto to T Roberts comment about Chase!!!!
    I would like to find a card to replace Chase but a little skidish. Not sure if the new card would do the same thing.