Chase Freedom dropping 10% dividend

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Vattené
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Postby Vattené » Tue Aug 19, 2014 11:07 pm



I literally LOL'd at their explanation of the changes in Luxe's link - "to meet the evolving needs of our customers." Oh, your customers need some of their perks taken away for nothing in return, Chase? Glad I went with Discover when I was in the market for a card and didn't become one of those customers.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now


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CarefulBuilder14
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Postby CarefulBuilder14 » Tue Aug 19, 2014 11:31 pm

Out of curiosity, did anyone here ever bid in any of the auctions? I don't recall even seeing anything being auctioned, but I didn't look often.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

MemberSince99
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Postby MemberSince99 » Wed Aug 20, 2014 6:37 am

HA Yeah we'll take away your rewards to meet your evolving needs that's a good one, sounds a whole lot nicer than "to give our underpaid CEO a fatter bonus" doesn't it?


I'm seeing less and less reason to have the Freedom. I originally got it for 5% on Amazon in the 4th quarter mostly, but the way they are nerfing everything I wonder how long those 5% categories will stay that way. In a way it doesn't matter because I don't even use it. If I didn't have my checking account with them it would increase the odds of closure. I currently do not see a Chase card in my future but who knows. I've reached the point I don't pull the card that gives the highest rewards for a given category, I just pull the cards I want to maintain a good business relationship with. They are subject to change/nerf the rewards at any time anyway so why worry about it.

supercoolman
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Postby supercoolman » Thu Aug 21, 2014 1:35 am

otter wrote:You don't want to invest with Bank of America/Merrill Lynch. They are the absolute worst at executing trades quickly. I lost 10% on market orders on several occasions (these weren't lightly traded companies/penny stocks; they were large companies with high daily volume). Other brokers



you are better off with etrade. unfortunately, companies seems to be switching to ML for some reason.

supercoolman
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Postby supercoolman » Thu Aug 21, 2014 1:38 am

Vattené wrote:I literally LOL'd at their explanation of the changes in Luxe's link - "to meet the evolving needs of our customers." Oh, your customers need some of their perks taken away for nothing in return, Chase? Glad I went with Discover when I was in the market for a card and didn't become one of those customers.



I had cancelled my Freedom 3 months ago

did I foresee this? you have no idea



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