Archive for the ‘Chase’ Category

Chase Shuffles Card Portfolio

Wednesday, February 17th, 2010

Update

Feb 23, 2010:

Chase further cut back its portfolio, removing the Pier1 Rewards Master Card, TJX Rewards, Sony Card, Subaru Card (which had 3% rewards), Honda Card, Classic Industries (now offered thru UMB), Marathon Oil (which had 5% back at Marathon stations), Continental Airlines Presidential World Plus, United Mileage Plus Club, United Mileage Plus Access, and United Miles Plus Select.

Original Post

Feb 17, 2010:

Chase has added and removed quite a few credit cards, especially in the company’s First USA portfolio. Several new alumni, charity, and special interest cards were added, while several retail cards were removed.

Additions

  • Alumni - Ball State, California State University Northridge,California State University Northridge, Cornell University, Duke University, Middle Tennessee State University, NC State University, Oklahoma State Association, Pittsburg State University, Sam Houston State University, Southern Illinois University, University of Chicago, University of Maryland College Park, University of Oregon, University of Tennessee, Virginia Tech, Yale University
  • Sports Teams – Detroit Tigers, Miami Heat, Nashville Predators, USA Hockey
  • Charity & Special Interest - Academy of General Dentistry, Association of Junior Leagues International, New Vision, Onecause, The Shriners, Texas Parks and Wildlife Foundation

Removals

  • AAA of Northern California Nevada and Utah, Sheetz, Diamond Select Rewards, Orvis, U.S. Naval Academy, Sprint, Coldwater Creek, Shoprite, My H-E-B Platinum MasterCard, 7-Eleven, Drs. Foster & Smith, American Kennel Club
    Best Friends Animal Sanctuary, American Paint Horse Association, National Association of REALTORS, National Geographic

Bank of America and Chase raise APRs, trim card offerings

Tuesday, January 26th, 2010

Bank of America and Chase raised APRs on most of their credit card portfolios by 1% to 3%. Many cards previously listed in our Low APR Credit Cards page have been affected.

Also, both credit card issuers have removed some great cards from their portfolios. Among those cards no longer available:

  • Bank of America’s Indianapolis Motor Speedway, Indy Racing League, and National Hot Rod Association cards
  • Bank of America’s Norwegian Cruise Line card
  • Chase Volkswagen Platinum Visa
  • Chase Irving Oil Visa
  • Chase ASPCA Visa
  • Chase Sprint Visa

Try Our Nerdy Flowchart – What’s The Best Credit Card For Me?

Thursday, November 19th, 2009

Download the PDF version

Chase & Bank of America Discontinue Cards

Friday, November 13th, 2009

Chase has made the following changes:

Bank of America has made the following changes:

Chase Targets Students and the Elderly for APR Increases

Friday, October 16th, 2009

Chase has made changes to the following card offers:

  • Raised purchase APR on the Chase AARP Rewards Card from a range of prime rate plus 5.99%-14.99% to a range of prime rate plus 9.99%-15.99%. Chase also raised cash advance APR from prime plus 15.99% to prime plus 20.99%.
  • Raised purchase APR on the Chase Student +1 Card from a range of prime rate plus 9.99%-14.99% to a range of prime rate plus 13.99%-17.99%.  Chase also raised cash advance APR from prime plus 15.99% to prime plus 20.99%, and default APR from prime plus 23.99% to 29.99%.
  • Chase Sapphire signing bonus was reduced from 25,000 points to 10,000 points
  • Chase Borders 321 Visa signing bonus was reduced from 3,000 points to 1,000 points

Chase has added several new travel cards:

  • Chase Southwest Airlines Rapid Rewards Card, featuring a sign on bonus of half a domestic roundtrip ticket, plus another half if you are approved for a balance transfer
  • Chase Slate, which is a generic card with no rewards, and some useless tools to monitor which parts of your statements you are not paying off
  • Chase Marriott Rewards Signature Card, which rank well because of their generous sign on bonus of 20,000 points + a free night’s stay. The more exclusive Chase Marriott Rewards Premiere Card offers 2x points at restaurants as well, but has a higher annual fee.
  • Chase Priority Club Rewards Signature is a hotel card for InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Staybridge Suites, and Candlewood Suites. The card offers a 10,000 point bonus each year when you spend more than $15,000, on top of the 1 point per $1 spent you earn on a normal basis. The card receives 3x points when used at the aforementioned Priority Club Hotels.

Chase updates card offers

Wednesday, July 1st, 2009

Chase has updated APRs on 2 cards and is no longer offering the Amazon cards

  1. Chase Platinum changed APR from Prime + 5.99%-14.99% to Prime + 9.99%-18.99%
  2. Chase American Kenel Club Credit Card changed APR from Prime + 5.99%-14.99% to Prime+9.99%-15.99%
  3. Chase is no longer offering the Amazon.com Rewards Visa
  4. Chase is no longer offering the Amazon.com Business Rewards Visa

Top 5 cards not listed on credit card sites

Thursday, June 11th, 2009

There are a lot of great credit cards out there that do not pay websites referral fees. The following cards nominated by our staff, to our knowledge, are unknown in the world of credit card aggregation websites:

  1. Fidelity has 3 cards that earn you 2% cash back into a Fidelity account. Investment Rewards American Express, Retirement Rewards American Express, and 529 College Rewards American Express.
  2. Chase offers a Subaru Credit Card that pays a whopping 3% back towards Subaru purchases. We are not aware of any other card that pays such a high rate. In addition you get 2,500 bonus points for signing up, or the equivalent of $25. 
  3. American Express offers the Hilton HHonors card, which is the best deal around if you stay at Hilton hotels. The card has no annual fee and pays 1 point for the first $20,000 of spending per year then 1.25 points thereafter. The real kicker is the card pays a 20,000 point bonus for joining and 6 points per mile spent on Gas, Groceries, Drug Stores, and internet/wireless/phone bills. Depending on your circumstances you could be even better off with the Hilton HHonors Surpass, please try out our rewards calculator to decide for yourself.
  4. Bank of America has 2 cards that rank well in both rewards and APR & Balance Transfer promotions: Choice Privileges & Wyndham Rewards Platinum. Both cards earn 2% back on everything.  
  5. US Bank & Bank of America appear repeatedly at the top of our rankings for best Low APR credit cards and Balance Transfer credit cards, but do not pay for referrals and therefore do not appear on other sites. Among many great choices, the aforementioned Wyndham Rewards Platinum offers best in class 15 month 0% introductory Balance Transfer APR with a low ongoing APR of 8.24%.

Chase offers new card, updates 3 card offerings

Saturday, June 6th, 2009
  • Chase introduces a travel oriented card, Sapphire Rewards, with 1% base rewards rate (redeemable for cash equivalents)
  • Chase AAA of N Cali, Nevada, and Utah changed it’s APR from P+5.99%-14.99% to P+9.99%-15.99% & removed promotional APR of 0% 6 for months
  • Chase National Geographic card changed it’s APR from P+5.99%-14.99% to P+9.99%-15.99% & removed promotional APR of 0% for 6 months
  • Chase Subaru card changed it’s APR from P+6.99%-14.99% to P+9.99%-15.99% & default APR from P+23.99% to P+26.99%

New Credit Card legislation driving a flurry of changes to card offers?

Friday, June 5th, 2009

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Our Nerd Factory diligently tracks changes to credit card offers. Come back for updates!

Here are some recent updates we’ve made regarding changes in Credit Card Offers:

  1. Discover Escape changed it’s promo from 1,000 bonus points per month for 12 months, to 1,000 points for 25 mo
  2. US Bank has raised APR on Bed Bath & Beyond from P+8.99% to P+10.99%, and Default APR from P+20.99% to P+23.99%
  3. US Bank has raised APR on Gymboree Visa from P+9.99% to P+11.99%
  4. US Bank has raised APR on Harley Davidson Visa from P+8.40% to P+9.99%
  5. US Bank has raised APR on Secured Visa from 14.99% to 16.99%
  6. US Bank has raised APRs on its 4 SkyPass cards from P+9.99% to P+12.99%
  7. US Bank has raised APR on Sierra Trading Post Visa from P+(5.99%-14.99%) to P+(7.99%-16.99%), and Cash Advance APR from P+14.99% to P+17.99%
  8. US Bank Consumer cards with APR range increase from P+(5.99%-14.99%) to P+(7.99%-16.99%): College Rewards, Young Adult, Cache
  9. US Bank Consumer cards with APR range increase from P+(3.99%-16.99%) to P+(5.99%-18.99%):
    Cash Rewards, Select Rewards, Signature, Platinum, Travel Rewards
  10. US Bank Business cards with APR range increase from P+(3.99%-9.99%) to P+(5.99%-11.99%): Cash Rewards Business, Select Rewards Business, Travel Rewards Business, Business Platinum
  11. US Bank has raised APR’s on 21 of their 26 credit cards, in the range of 2-3%
  12. Discover has raised default APR on Motiva from P+27.99% to P+28.99%
  13. Citi raised APR on Dividend Platinum for Students, MtvU Platinum for Students, and Bronze AAdvantage for Students from P+9.99% to P+12.99%
  14. Citi has raised their APR on Platinum Select for College Students from Prime+8.99% to Prime+11.99%
  15. Citi has raised the APR range on their PremierPass card from Prime + 6.24% and 14.24% to Prime + 8.74% and 15.74%
  16. Chase has raised the APR range on their TJX Rewards card from Prime+5.99% and Prime+14.99% to Prime+8.99% and Prime+15.99%
  17. Citi is no longer offering the Driver’s Edge Options Platinum
  18. Chase is no longer offering the Borders 3.2.1 Visa
  19. Bank of America is no longer offering Jeep, Chrysler, and Dodge cards
  20. Bank of America is no longer offering the Royal Carribean card
  21. Bank of America has added Hawaiian Air Platinum. Best FF we’ve seen is Citi PremierPass Elite, with usual perks + 1 bonus pt per mile flown
  22. American Express Preferred Rewards Gold Card plans to change it’s annual free from $150 to $125 on May 26th
  23. American Express has lowered their Blue Cash rewards. Prev 0.5% up to $6,500 then 1.5% after. Now 0.5% up to $6,500 and 1.25% after