Wamu

  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I believe that's what was stated in my letter also.
15 years 9 months ago #46
  • Posts: 333

Replied by charonh on topic Re: Wamu

Mine never said that it will be changed if I meet the criteria, it just stated mine will be changed when my old card expires, I'm at 683 right now for the last 2 months, so I guess I wont make that if it doesn't reach there criteria


My letter states that too, to be exact it says] "When your existing card expires, you will receive a new Chase card, subject to continuing to meet our credit criteria[/I]".
15 years 9 months ago #47
  • Posts: 311

Replied by cireone on topic Re: Wamu

So today I just received the letter from Chase explaining that the MyPoints Credit program will be terminated and that I will be getting another Flexible Rewards credit card. The difference between the WaMu Platinum and the MyPoints was that one was a visa and one was a mastercard. ive never dealt with Chase so i dont know if they are gonna gve me one mastercard and one visa but both be a Flexible Rewards. Also the letter did not state that i have to meet their credit criteria to continue to get the cards. It stated that onve my cards expire it will convert to the Chase cards. Im gonna redeem my points from MyPoints, although it wont be much as it takes alot to get a redemption.
15 years 9 months ago #48
  • Posts: 333

Replied by charonh on topic Re: Wamu

I agree ColoNative, its not our fault that Wamu made bad business decisions, but then its not Chase's either. Either way, I just don't care for Chase, I liked Wamu.
15 years 9 months ago #49
  • Posts: 1257

Replied by ColoNative on topic Re: Wamu

They should honor that promise after buying WaMu for pennies per share.



One would hope. I don't have anything against Chase but I am not liking the fact that the consumer is losing our options for competing banks. Here in Denver we are losing WaMu and Wachovia only to add more Chase and Wells Fargo's. This is one of the major reasons I do most of my banking with a local Colorado owned bank instead. I do have an online BofA checking account though.
15 years 9 months ago #50
  • Posts: 64

Replied by relidtm on topic Re: Wamu

Mine never said that it will be changed if I meet the criteria, it just stated mine will be changed when my old card expires, I'm at 683 right now for the last 2 months, so I guess I wont make that if it doesn't reach there criteria
15 years 9 months ago #51
  • Posts: 333

Replied by charonh on topic Re: Wamu

Rivasglo does your notice have the same language as mine does about if you still meet our credit criteria? Mine didn't say which particular Chase card product it would be converted to either.:confused: Cireone, I don't think they will give you two of the same cards either, maybe they will combine both of your Wamu limits into one Chase card. It doesn't hurt to call and ask.
15 years 9 months ago #52
  • Posts: 391

Replied by RivasGlo on topic Re: Wamu

So does that mean I will eventually have two Flexble Rewards credit cards because I have a standard WaMu Platinum and the MyPoints?????


Cireone, I dont think they will issue two Chase Flexible Rewards, possible just a Chase Plat and the Chase Flex.

Ive had the Chase Flexible Rewards for two years now and I have had the Chase Freedom for about 1 year. On all my notices, it didnt say which card it was gonna be converted to, maybe its gonna b just a Chase Platinum Card.
15 years 9 months ago #53
  • Posts: 333

Replied by charonh on topic Re: Wamu

I must have received different notices than you guys. I received mine today and it answered the question I'd previously asked of whether all cards will be converted on a certain date or if they will wait to the card's expiration date. My letter states that my card will be converted to a Chase card, it doesn't mention which specific Chase card, on March 9, 2009; my account will remain the same; and that I will be issued a Chase card when my Wamu card expires, PROVIDED, I still meet their credit criteria. It may just be a formality that they're putting in all the letters, but I don't like how it sounds.:confused: I have a regular BP card issued from Chase that I never use, because I'm just not a big fan of them. That being said, I plan to payoff my current balance on my Wamu, sockdrawer it, and see what happens, if I get the slightest indication that they plan to close my account, I will beat them to the punch and save them the trouble.:upset:
15 years 9 months ago #54
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Replied by hjm331 on topic Re: Wamu

So does that mean I will eventually have two Flexble Rewards credit cards because I have a standard WaMu Platinum and the MyPoints?????


I believe so.
15 years 9 months ago #55
  • Posts: 311

Replied by cireone on topic Re: Wamu

I received a similiar e-mail this morning about how Chase is going to discontinue the ESPN Visa program and going to convert it to the Chase Flexible Rewards card. I don't like dealing with points so hopefully they will allow me to convert it to a Freedom card.


So does that mean I will eventually have two Flexble Rewards credit cards because I have a standard WaMu Platinum and the MyPoints?????
15 years 9 months ago #56
  • Posts: 64

Replied by relidtm on topic Re: Wamu

I received a similiar e-mail this morning about how Chase is going to discontinue the ESPN Visa program and going to convert it to the Chase Flexible Rewards card. I don't like dealing with points so hopefully they will allow me to convert it to a Freedom card.


Yes but what I found out from a financial ad visor friend of mine is if you merge accounts all that history you had with that particular card is squashed, meaning if i merged an account with 2 boa cards and my more recent one started in 2008, that means my credit report is going to show this good account since 2008, not since whatever the date I originally had my first card say 2002. Does anyone know if this is true, because to me it makes since honesttlly, so merging the card could actually hurt your fico.
15 years 9 months ago #57
  • Posts: 64

Replied by relidtm on topic Re: Wamu

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.


but as far as i know its not going to be free anymore that is a pay service right? the credit score, im guessing that is a thing of the past
15 years 9 months ago #58
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I received a similiar e-mail this morning about how Chase is going to discontinue the ESPN Visa program and going to convert it to the Chase Flexible Rewards card. I don't like dealing with points so hopefully they will allow me to convert it to a Freedom card.
15 years 9 months ago #59
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

They will be converting everyone to Chase products but won't send out Chase cards until your card expires or if you ask for a replacement.
15 years 9 months ago #60