http://www.creditaddict.com/archives/chase-freedom-rewards-credit-card-upgraded/ feeding your credit card addiction... Fri, 27 Jan 2012 05:46:14 -0500 http://wordpress.org/?v=abc hourly 1 http://www.creditaddict.com/archives/chase-freedom-rewards-credit-card-upgraded/comment-page-1/#comment-1728 Patty Tue, 28 Apr 2009 05:08:37 +0000 http://www.creditaddict.com/?p=158#comment-1728 I got the letter today from Chase telling me that my Chase Freedom Rewards card had been “upgraded” to a Chase Freedom Visa Signature . What did you decide to do, did you accept the upgrade or not? I too am concerned about how it will report and credit utilisation, especially in light of the fact my BOA card cut my limit from 19000 to 10000 last week. I don't need the higher limit, this was a card that is periodically pulled out from sock drawer to use only to have some activity on it, but it does lower my total available credit since it was cut. I got the letter today from Chase telling me that my Chase Freedom Rewards card had been “upgraded” to a Chase Freedom Visa Signature .
What did you decide to do, did you accept the upgrade or not?
I too am concerned about how it will report and credit utilisation, especially in light of the fact my BOA card cut my limit from 19000 to 10000 last week. I don’t need the higher limit, this was a card that is periodically pulled out from sock drawer to use only to have some activity on it, but it does lower my total available credit since it was cut.

]]> http://www.creditaddict.com/archives/chase-freedom-rewards-credit-card-upgraded/comment-page-1/#comment-1204 Eric N. Mon, 13 Oct 2008 19:24:52 +0000 http://www.creditaddict.com/?p=158#comment-1204 I think you're right...charge cards typically report the highest balance rather than a limit. That usually does damage your credit utilization. I think you’re right…charge cards typically report the highest balance rather than a limit. That usually does damage your credit utilization.

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