Wamu

  • Posts: 311

Replied by cireone on topic Re: Wamu

I was wondering, for the branded WaMu cards, such as ESPN and MyPoint, will they now have the chase logo on it or will they just covert it into a standard Chase credit card?????????
15 years 9 months ago #76
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I still haven't received a letter from Chase regarding the future of my account and I'm starting to get a little nervous.
15 years 9 months ago #77
  • Posts: 391

Replied by RivasGlo on topic Re: Wamu

So I wnt to WaMu to deposit money and inquired about the letter. The banker stated the prime rate went up and that is why the APR is higher when changing over to Chase. Is this true????????


No prime rate didnt go up. It has actually gone down the past year.

2007-12-11.......7.25
2008-01-22.......6.50
2008-01-30.......6.00
2008-03-18.......5.25
2008-04-30.......5.00
2008-10-08.......4.50
2008-10-29.......4.00
2008-12-16.......3.25%
15 years 9 months ago #78
  • Posts: 333

Replied by charonh on topic Re: Wamu

wowzers! mine has been 9.9 for the last year , the letter stated mine would go up to 10.24%


I received notice that my account is now owned by Chase and some mention about something regarding the complete transition will occur in March (I really haven't read it thoroughly), but no change in apr, thus far. I really liked my Wamu, but I don't particularly care for Chase. I guess time will tell. I also received an wamu email alert informing me that my credit card account access is moving to Chase OnlineSM, effective March 9, 2009.
15 years 9 months ago #79
  • Posts: 532

Replied by Eldarwen on topic Re: Wamu

Chase really isn't that bad in my opinion. The only thing that I dislike about them is that it is a hard pull if you ask for a CLI. I don't know if it is a hard pull if they do it on their own. Chase has treated me fine probably because I bank with them.
15 years 9 months ago #80
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I wouldn't worry about it since we can't do anything about rising interest rates. I would recommend paying in full on the cards that have high interest rates.
15 years 9 months ago #81
  • Posts: 311

Replied by cireone on topic Re: Wamu

So I wnt to WaMu to deposit money and inquired about the letter. The banker stated the prime rate went up and that is why the APR is higher when changing over to Chase. Is this true????????
15 years 9 months ago #82
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I haven't received a letter from Chase yet either. I hope I receive one soon though because I want Chase to keep the account it's a good card and I have decent history with it.
15 years 9 months ago #83
  • Posts: 64

Replied by relidtm on topic Re: Wamu

I received two letters for my two accounts. I as going through the "new" terms and cnditions and it stated that the APR will be 17.24%. Thats actually more than what WaMu had for the cards (16%). I guess Chase is not gonna close the accounts of people who have sub-par credit scores, which is good.


wowzers! mine has been 9.9 for the last year , the letter stated mine would go up to 10.24%
15 years 9 months ago #84
  • Posts: 158

Replied by interjack on topic Re: Wamu

I received two letters for my two accounts. I as going through the "new" terms and cnditions and it stated that the APR will be 17.24%. Thats actually more than what WaMu had for the cards (16%). I guess Chase is not gonna close the accounts of people who have sub-par credit scores, which is good.


I haven't gotten one of those letters yet. I will try to keep everyone posted when I do.
15 years 9 months ago #85
  • Posts: 311

Replied by cireone on topic Re: Wamu

I received two letters for my two accounts. I as going through the "new" terms and cnditions and it stated that the APR will be 17.24%. Thats actually more than what WaMu had for the cards (16%). I guess Chase is not gonna close the accounts of people who have sub-par credit scores, which is good.
15 years 9 months ago #86
  • Posts: 333

Replied by charonh on topic Re: Wamu

I received mine too, but I really do not care for Chase, therefore I am in the process of paying mine (Wamu Visa) off. This is a bummer, because I really did like my Wamu card. It had a nice rate (9.9) and the Fico, which will no longer be offered after March. The only plus I can see about this acquisition is that we will now have Chase branches in Georgia.
15 years 9 months ago #87
  • Posts: 391

Replied by RivasGlo on topic Re: Wamu

I already received my letter and cardmember agreement. The official change is taking place in March.
15 years 9 months ago #88
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I've heard that they are keeping some Providian accounts but I don't know what they are looking for.
15 years 10 months ago #89
  • Posts: 158

Replied by interjack on topic Re: Wamu

They are currently sending letters to WaMu customers letters notifying them that their WaMu accounts are going to be converted into a Chase product. I haven't received one yet so I don't know if Chase is going to convert my ESPN Visa into a Chase card.


I got the card last year. The card is printed with WaMu Platinum Visa on the front. On my credit report it shows up as Washington Mutual / Providian. I just hope I don't get dropped even though I called them today.

When I applied, all of the literature and documents that were given to me made no mention of Providian. They all said Washington Mutual Platinum. I got the card last year. Decent CL. APR is not the best.
15 years 10 months ago #90