Chase trying to weed out AOR users?

Mithrin said: You are not eligible for this offer if you previously held a card under this rewards program (I assume he means the Disney Rewards). If you have a history of using Chase credit cards only for promotional offers, you are not eligible.They are just upset with all of the people churning the Sony cards (also issued by Chase) for the $100-150 signup bonuses.

According to this thread...yeah

Chase Gave me the boot!

I haven't applied for a credit card over the phone in years. I much prefer on-line apps. I haven't had a denial yet........

DjPiLL said: theman2 said: Mithrin said: You are not eligible for this offer if you previously held a card under this rewards program (I assume he means the Disney Rewards). If you have a history of using Chase credit cards only for promotional offers, you are not eligible.They are just upset with all of the people churning the Sony cards (also issued by Chase) for the $100-150 signup bonuses.


LOL I don't blame them. They have been really good with those bonuses. I literally got my $100 credit on my Sony Card two days after I made my $20 gas purchase. Same here, I got the $100 bonus within a week of my purchase (I did pay it off the day it posted so I could then BT).

I don't like the sounds of this new language if this is indeed thier new policy. With the dropping interest rates and the trend to uncapped BT's, this AOR game is getting a little squeeze...BUT...its not dead yet

I seem to have been targeted...did an AOR 6 months ago, picked up a Chase United miles, Sony visa, and small business card.

One week ago I received notice that the United and Sony card are being close and another long standing line with Chase is being chopped in half. Mind you, I'm 6 month out from my AOR, have overall utilization under 40%, no individual utilization over 85%, score over 700, and am carrying no balances with Chase.

The reasons they gave were balances too high on other cards and number of inquires. To that I call BS.

Edit: While I have collected on several bonus offers, I don't think I would be called a "churner" by chase.

pruks said: Enemy of Enemy = Friend, I like everyone who milks Chase, good work OP.

I had 6 or 7 Chase cards in my Vacation AOR for the great sign up bonuses/points. Their Anti-Fraud dept. called me yesterday once and today twice. On the last call she said "why don't I go ahead and clear all 6 of the fraud alerts off" I said that sounds like a good Idea....'cus these fraud alerts are just wasting your time and mine.

DaveHanson said:
Not to say that those were necessarily Chase's real reasons, but if you don't mind, how high are your highest individual utilizations, and how many inquiries are showing on your report?

Per AMEX credit secure I am showing 14 Experian inqs (7 in last 6 months), 17 Equifax inqs (16 in last 6 months), 2 Transunion inqs (2 in last 6 months).

I don't have the letter from Chase with me that says which agency they referenced for their decision. But, I'm willing to bet it was Equifax, since I have so many inqs there. Hopefully I can hang on to these accounts for a week or so and have them recheck; after October 13 I will only have 3 inqs in the last six months. Although, one could assume that since a human analyst seems to be checking these at this point, they would look at more than 6 months of history.

Again according to Credit Secure, I have one card at 84% and one at just less than 85% utilization (~$40k balance with Citi and ~40K balance with BofA). Looks like I was slightly off in my earlier statement about less than 80% Edit: I just checked and it seems I didn't mention 80%, I was correct in my statement of <85% utilization.

My plan, for any who care to know, is to first call and try to consolidate the closed lines to another Chase card of mine. The closures aren't showing up online yet, so hopefully this will go through. If that fails I'll try to talk to an analyst and ask for options, possibly offer up financial details, show where my balances are on deposit, etc.

I'm pretty much fed up with chase. they chopped my limit by 75% on my perfectcard (never even used it)

I use a Marriott rewards card for spending, which has a 2500 limit. I called yesterday to reallocate some limit on the perfectcard to the Marriott card. The rep I talked to said that he would have to refer me to a special department, who would likely pull a credit report. I told him in essence to shove it. If citi had a visa I'd be much happier. Hell if any reasonable bank had a visa with a pretty good points program I'd be much happier.

sonnysighedup said: bassmanben said: If citi had a visa I'd be much happier. Hell if any reasonable bank had a visa with a pretty good points program I'd be much happier.How about the citi hilton visa? You'd have to change hotels, though. And sometimes it can be a pain to reallocate to/fro citi co-brands and regular citi cards.thanks, I forgot the hilton was a visa. I stay in hilton the most actually...150+ nights a year in hilton, 75 in Marriott and around 30 in starwoods..as well as 30 in priority club (more like 50 this year)

swagatalakshmi said: Do you have a permanent address ? LOL ! 150+75+30+30=285+ days in hotels !last year it was around 330 nights in hotels if you count my honeymoon.

notblake said:

chase is really onto the AOR thing. they are looking hard @ new cards and inquiries (i had adverse action after an AOR) along with balances. unfortunately, the business card angle only works for your non-chase business cards- i BT'd 80% of a chase business card and it is what raised the flag as near as i can tell.

i think that every AOR should be accompanied by a BOR (bump-o-rama) where you use more than one of privacymatters/creditsecure/etc to bump those inquiries off your report ASAP. i was only using one and it took a bit over 3 months- if i'd have been using 2, i'd have cut the time by half and would have had one less thing. that said, unfortunately, for me anyways, it was experian who chase used- and they're, as far as i know, unbumpable.

Based on some of the previous postings in "Chase gave me the boot" thread, they looked at EXP, so "B" wont help you and if I was them and looking for patterns, I would do the same thing...

taxmantoo said: notblake said:
chase is really onto the AOR thing. they are looking hard @ new cards and inquiries

I applied for another Chase card last Friday. They hit TU at the time of application, then they hit EQ yesterday. I think they were fishing for inquiries and new accounts from the past week.

that's exactly what they're doing. when my biz lines were cut to 1000 each, i cld the executive offices and got a pretty cool rep. she as much as told me that they're using that and requests to move CL's around to examine what you're up to. the folly of this is they have been taking most of the adverse actions AFTER we have high balances on cards after BT's. i understand why they're doing what they're doing; but they take their action after the horses are already out of the barn- stoopid.

i would imagine they're even more cautious now given all the people with questionable credit having their adjustable rate mortgages resetting 2x higher. if i were a credit card company i'd be alert now too. i think a lot of our AOR's intended to play rate arbitrageurs are raising flags with them thinking we're desperate and spending the $. most American's don't have the financial sense of FWF AOR'ers- so you can hardly blame them.

me thinks that we should be treading carefully with anything but mini AOR's right now if you have something to lose (ie: you've got established credit with 5,10,20 year histories with AMEX or Chase, use them a lot, and don't want a review to shut them all down. of course, if you've only got 2 years of history and have little to lose- apply away!

DjPiLL said: Are you saying Chase is now doing two separate hard pulls per application? That would kinda suk if that was the case.
It has happened to me before, but strangely, not anymore. Last time when I applied for two Chase cards I got only two inquiries.

In my book I'm counting Chase out of any future credit picture. If they leave the rest of my accounts open, fine. If not, I won't be surprised. I also won't let Chase figure into any of my BT or overall utilization calculations.

In fairness to Chase, I haven't used any of my cards with them for 6 months. I was planning on shifting all my card usage to their cash rebate card after January. At the least, it makes me feel good they'll be losing that business.

I think Chase is great. Its the only bank I know of that lets you schedule minimum payments to be made automatically, and, if you make the payment from another source, will reduce or eliminate the automatic payment accordingly. Makes it a beautiful system when you plan to pay the minimum with mbna bill-pay, and if you forget, well it automatically pays from the checking account. Its a beautiful thing.

I also love my chase rewards. Sony points are awesome because, in NY at least, a movie is expensive and a free movie is very worthwhile.

Sure, they cut credit lines. People don't really need $100,000 or $200,000 or $300,000 in credit lines, so they figure if you aren't making purchases worth a damn on their card, they don't want to be part of your credit empire. G-d only knows when such a person is going to implode after maxing out their cards!

That's no reason to be mad at the bank. Its frustrating to have lines cut at seemingly random times, but that's the price of admission. I've never done an AOR, but have had my lines cut after maxing out my lines at other banks and even including Chase. I just wish their "points" would transfer from card to card to make consolidation and closure more of an option and less costly in terms of forfeited points.

scott1961 said: I don't blame Chase, We are the ones playing games. I am waiting to see how things turn out with something I am trying now with Chase. I have about $65k of 0% money due end of November on a BoA card and have been working on picking a new card to BT it to. I applied for the Chase Platinum VISA that has 12 month 0% BT, Capped at $75. Only had one card with Chase, Right now zero balance and $50k CL. Have not got the new card in mail yet but noticed it did show up online with a paltry $10k CL. When I get the card I plan on trying to reallocate about $48k to it, Don't want to close other card because I am still getting 5% EDP on it. But that would still only give me $58k CL so would not be able to BT all the $65k to it, But I would go to close to 100%, Figure my total available credit is now over $500k, So total utilization will be around 13%. Also I am thinking of trying to increase that $10k before I reallocate, But from what I am reading here that might be tough with $50k CL on the other cardScott, if its Due end of November, you might consider waiting until then to ask for the increase, or pay it off early. Or, just call the CSR tell them you want to increase the credit line from 10k to 75,000 and to speak with someone who is authorized to make that happen. They may ask for your bank statements to verify assets, and I expect they will approve you. If they make a fuss about your owing them money, ask them how much of a CLI you can get if you pay the other card off in full.

scott1961 said: DavidScubadiver said: Scott, if its Due end of November, you might consider waiting until then to ask for the increase, or pay it off early. Or, just call the CSR tell them you want to increase the credit line from 10k to 75,000 and to speak with someone who is authorized to make that happen. They may ask for your bank statements to verify assets, and I expect they will approve you. If they make a fuss about your owing them money, ask them how much of a CLI you can get if you pay the other card off in full.
Not sure where you are going here, The $65k is to BoA and I don't want to pay it off, That's the whole point of the BT. Will try for increase, I know I have the docs to get it but from reading this thread it makes me wonder why Chase would give it. They will see I have another of their cards showing a zero balance with a $50k CL. In the past I think it would have worked but if they are now on to this game wont they wonder why I need such a large new line and wont they know my plan is to do a large BT to a $75 capped card?They don't care. If you don't care that shortly after getting the card they are going to cut your credit line on the card you don't use, the folks that give you increased credit don't care how you will use it. Its a multi-headed beast. If I were you, I'd call to consolidate 47k of the other card to your new card in addition to asking for a higher line on the new card. Again, just be prepared for them to reduce your unused lines within a few months of them approving the balance transfer.

After reading this thread, I think I'll hold off on doing a second $20k BT in as many months with chase. I'd rather get more down the road than burn the bridge for a couple hundred bucks.

I just did my AOR... I got two 25k business cards from Chase. I was able to reallocate 24k from United Miles to Chase Business Cash Rewards making a 49k limit. I then took 12k from a Chase personal card and moved that to the Rewards card making that a 61k limit.

I could have moved more money (have a 6500 limit new Sony card) but I didn't want to push it with Chase based on all the adverse action I have seen here.