Chase question. True or False.

[Mimi K.]

I just got this in an SM. I know I have done it before but I want to know if its a new rule.

The option to change your Chase Sapphire Preferred card to
a Chase Freedom card is not available on your account. An
account that is open less than 12 months is not eligible
to change to a different product. I apologize for any
inconvenience this may cause you.
As an alternative, you may apply for a new Chase Freedom
card. For new account applications, please visit our web
site at www.chase.com. Select "Credit Cards" from the
"Personal Banking" section. Then choose the desired card
and apply for a new account online.

If you have any further questions, please reply using the
Secure Message Center.

Sincerely,

H. Shukla
Senior Service Specialist

1-800-493-3319

Account is owned by Chase Bank USA, N.A. and may be
serviced by its affiliates.
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Original Message Follows:
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Please change my Sapphire card to a freedom card.
Thank you!

[Avid Reader]

I've gotten the same response before (without the 12 month rule reason).

[magnus]

I did it recently...just before the AF hit...but I think that was technically after the 1 year mark.

[meshugener]

I think it has to do with the Dodd-Frank bill.

[Dan]

I think it has to do with the Dodd-Frank bill.

Or their very conservative interpretation of it.

[meshugener]

They're not alone, other banks imposed the same policies.

[mordyl19]

Or their very conservative interpretation of it.

Too conservative if you ask Jamie Dimon

[Dan]

They're not alone, other banks imposed the same policies.

Citi also imposed no transfers of CLs for a while due to the law though other banks didn't take that interpretation.
AMEX has their own bizzare interpretation of CL transfers.  Nothing within 12 months (though YMMV) and just one every 60 days.

While Chase couldn't care less. Go figure.

[PETERP]

Citi also imposed no transfers of CLs for a while due to the law though other banks didn't take that interpretation.
AMEX has their own bizzare interpretation of CL transfers.  Nothing within 12 months (though YMMV) and just one every 60 days.

While Chase couldn't care less. Go figure.

Re Amex  IME they refused to do more than one,  because it had been less than 30 days !

[Dan]

30, 60. They don't even know their own fake rules

[meshugener]

The problem is that Dodd and Frank themselves had no idea what was in that crazy bill.

[compddd]

I know Citi won't let you convert to a different product until after 12 months.

[Dan]

The problem is that Dodd and Frank themselves had no idea what was in that crazy bill.

+1,000. Nobody does.

[Mimi K.]

Dear #########,

Thank you for contacting us.

At this time, I'm unable to change your account to a
different product. I apologize for any inconvenience this
may cause you.

As an alternative, you may apply for a new Chase Freedom
with Ultimate Rewards product.

New applications are available on-line at our secure
website. Please visit our website referenced below for the
most current offers and terms available:
http://www.creditcards.chase.com

When selecting the credit card that best meets your needs,
please remember that our policy no longer allows for
customers to have more than one credit card in the same
product. Applications for a card product you already have
may not be eligible for approval.

If you have additional questions, please feel free to call
us at the number listed below or contact us using the
Secure Message Center.

Sincerely,

M. Anand
Senior Service Specialist

1-800-493-3319

Account is owned by Chase Bank USA, N.A. and may be
serviced by its affiliates.


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Original Message Follows:
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Please change my Sapphire card to a Freedom Card.
Thank you!

NOT cool! 

[Smokey Joe Robinson]

I have 2 freedoms. One visa, one mc. visa I opened outright. mc is an old visa SP downgraded to SP, converted to MC, then downgraded to freedom. Was definitely after 12 months of opening. So I suggest downgrading to regular sapphire just to avoid the fee then eventually downgrade to freedom.

[Bostener]

I just got this in an SM. I know I have done it before but I want to know if its a new rule.

The option to change your Chase Sapphire Preferred card to
a Chase Freedom card is not available on your account. An
account that is open less than 12 months is not eligible
to change to a different product. I apologize for any
inconvenience this may cause you.
As an alternative, you may apply for a new Chase Freedom
card. For new account applications, please visit our web
site at www.chase.com. Select "Credit Cards" from the
"Personal Banking" section. Then choose the desired card
and apply for a new account online.

If you have any further questions, please reply using the
Secure Message Center.

Sincerely,

H. Shukla
Senior Service Specialist

1-800-493-3319

Account is owned by Chase Bank USA, N.A. and may be
serviced by its affiliates.
**********************************************************
*********************************************************
**********

Original Message Follows:
------------------------

Please change my Sapphire card to a freedom card.
Thank you!

I was told the same thing by Chase rep. "no changing  from Sapphire to Freedom"

[Mimi K.]

I have 2 freedoms. One visa, one mc. visa I opened outright. mc is an old visa SP downgraded to SP, converted to MC, then downgraded to freedom. Was definitely after 12 months of opening. So I suggest downgrading to regular sapphire just to avoid the fee then eventually downgrade to freedom.

NO way I want to wait a year before I make another Sapphire