"My Last Prime Card (No Really)"
Chase Freedom® Visa - $50 Bonus Cash Back Review
Written by: carlock4 on 2008-02-12
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
carlock4's review: 
I applied for this card almost 2 weeks ago and got the "Your application is under review and you will receive a letter in the mail in 7 to 10 days explaining our decision" and I took that as a denial and went about my happy way. But today I was curious as to what really happened and called the underwriting department and spoke to 'Dave' and he asked me a few questions to verify my address and phone #, and said that he would put it in for a $2000 limit. After I got off of the phone I immediately called the application dept. And spoke the Chalise(sp?) and she asked a couple of questions and told me that I would receive the decision in the mail but I could call the automated number if I would like. I did and "Congratulations, you are approved with a credit limit of $2500 with a variable APR of 15.99%" I am calling tomorrow to combine my chase Visa with a $1000 limit and a 23.24% APR to the Freedom card.
I applied for this card almost 2 weeks ago and got the "Your application is under review and you will receive a letter in the mail in 7 to 10 days explaining our decision" and I took that as a denial and went about my happy way. But today I was curious as to what really happened and called the underwriting department and spoke to 'Dave' and he asked me a few questions to verify my address and phone #, and said that he would put it in for a $2000 limit. After I got off of the phone I immediately called the application dept. And spoke the Chalise(sp?) and she asked a couple of questions and told me that I would receive the decision in the mail but I could call the automated number if I would like. I did and "Congratulations, you are approved with a credit limit of $2500 with a variable APR of 15.99%" I am calling tomorrow to combine my chase Visa with a $1000 limit and a 23.24% APR to the Freedom card.
8 Comments
Comment 1 by porgy1000
Chase 
on 2008-02-12
If you think they will keep your initial rate you have another thing comming.
Chase will let you do all of your balance transfers then they will have a reason to raise your rate although they will never tell you what the reason.
I suggest you do not fall into the Chase games they pull because if you do, you may find that you have a 30% interest rate 6 months down the line. With Chase you should do what I do. I have a zero balance on it and it is burried in my underwear draw LOL. I only keep the chase card open as it it is my oldest open tradeline 24 years 9 months. Credit line on my chase is $48,000 rate is 12.99% uh huh, if I used the card the rate would go to over 25% I know Chases games.
on 2008-02-12 If you think they will keep your initial rate you have another thing comming.Chase will let you do all of your balance transfers then they will have a reason to raise your rate although they will never tell you what the reason.
I suggest you do not fall into the Chase games they pull because if you do, you may find that you have a 30% interest rate 6 months down the line. With Chase you should do what I do. I have a zero balance on it and it is burried in my underwear draw LOL. I only keep the chase card open as it it is my oldest open tradeline 24 years 9 months. Credit line on my chase is $48,000 rate is 12.99% uh huh, if I used the card the rate would go to over 25% I know Chases games.
Comment 2 by meya
Way To Go! on 2008-02-12
Well unfortunatley I was denied for this card. I got the 30 day thingy, and I had forgot that I applied for it until the actual denial letter came in the mail over one month alter. Congrats on your approval, I will meet you on the approval end when they merge (or buy out) with cap one... Lol
on 2008-02-12 Well unfortunatley I was denied for this card. I got the 30 day thingy, and I had forgot that I applied for it until the actual denial letter came in the mail over one month alter. Congrats on your approval, I will meet you on the approval end when they merge (or buy out) with cap one... Lol
Comment 3 by hjm331
Let's Protest! on 2008-02-12
I refuse to become a Chase cardholder even through a merger even if it takes shoving up picket signs into the JP Morgan Chase's behinds!!!
on 2008-02-12 I refuse to become a Chase cardholder even through a merger even if it takes shoving up picket signs into the JP Morgan Chase's behinds!!!
Comment 4 by arod
Chase on 2008-02-12
Not for me. I have had so much problem with chase from sneaky fee to raised APR for no reason I also had there checking account my god they just rob you legal well I can say this I will never deal with chase as long as I live. WHY?
Well I will tell you I used there atm two times they charge me a fee keep in mind there chase ATM
They also charge me $35 dollars because I went over.50 cent on my checking I got credit after I said I would close my account.
look it so much on chase you know good luck to those who have it.
Me and chase never...
Take care,
alex
on 2008-02-12 Not for me. I have had so much problem with chase from sneaky fee to raised APR for no reason I also had there checking account my god they just rob you legal well I can say this I will never deal with chase as long as I live. WHY?Well I will tell you I used there atm two times they charge me a fee keep in mind there chase ATM
They also charge me $35 dollars because I went over.50 cent on my checking I got credit after I said I would close my account.
look it so much on chase you know good luck to those who have it.
Me and chase never...
Take care,
alex
Comment 6 by markrivers
Way To Go Porgy on 2008-02-12
I'm doing what porgy is doing right now..
after the introductory 0% for 12 months which ended Jan 2008, I stopped using the card, I'm just maintaining it for credit bureau reporting.
it's hard to ask for a credit limit increase with them..
on 2008-02-12 I'm doing what porgy is doing right now..after the introductory 0% for 12 months which ended Jan 2008, I stopped using the card, I'm just maintaining it for credit bureau reporting.
it's hard to ask for a credit limit increase with them..
Comment 7 by eric
Chase on 2008-02-12
Is Chase really buying Capital one? If they are Im going to cut up my 2 Cap One Cards... I hate Chase.
on 2008-02-12 Is Chase really buying Capital one? If they are Im going to cut up my 2 Cap One Cards... I hate Chase.
Comment 8 by hjm331
RE: Eric on 2008-02-12
That's what the rumors are. I hope it's not true but what seems more realistic is that Chase will buy WAMU. I'm glad I don't have any WAMU cards. Lol
on 2008-02-12 That's what the rumors are. I hope it's not true but what seems more realistic is that Chase will buy WAMU. I'm glad I don't have any WAMU cards. Lol
Please login or register for free to view your stats, add reviews and card application results, or post comments.
Credit card reviews and comments are posted by user submission and do not warrant the opinions of Finance Globe.
Disclaimer: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. Review content is powered by Finance Globe.
Disclaimer: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. Review content is powered by Finance Globe.
