How to Get Visa Signature with Chase Freedom

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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takeshi
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Postby takeshi » Fri Feb 20, 2015 9:19 am

liberate wrote:There doesn't seem to be a consensus

It is YMMV. Some have been able to upgrade to Signature with a $5K limit or more. Some have not. You'll just have to try and see.


liberate
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Postby liberate » Fri Feb 20, 2015 10:50 am

CarefulBuilder14 wrote:Merchants give up a bigger cut of the transaction to Visa (and possibly to the issuer, too, I'm not sure) when you pay with a Visa Signature, compared to a Platinum. Likewise, a World or World Elite MasterCard has a higher fee for the merchant than a Platinum MC.

So if there's no real advantage (such as a travel perk or a bonus category) for me in using a VS in a particular everyday transaction, and the merchant is a local small business, I'm happy to just use the Platinum to keep the merchant's fees down a bit.


Ok that clears it up a bit more. Thank you.

PlyrStar93 wrote:In addition to having such a credit line, make sure your account is open for at least 13 months just in case.


It is very YMMV when dealing with front line CSRs. Especially when you get connected to an overseas call center where the representative happens to have completely no clue about what you are talking about, the rep might just get lazy or give whatever excuse they can to try not doing any research. That being said, same situation may also exist even you are connected to a US call center. Generally, the Executive Office should be much better than front lines.

Having the account for 13 months + 5k CL is the convention, but it may be YMMV and some people can get in Visa Signature before 13 months through appropriate approaches.


As of 2015, Chase has stopped issuing MasterCard versions of Freedom, and has begun replacing existing MasterCard accounts to Visa.


I understand what you mean. I feel like the first CSR maybe didn't know what I meant so he just said it wasn't possible. Follow up question: when emailing the executive office, how do I ask for the upgrade to signature? Do I need a reason, or can I just give the pertinent account info and ask them to upgrade? For a CLI, I usually say I'm looking at building credit to buy a house in the next few years or that I'm going to make a big purchase. That doesn't apply here though.
It: $19.5k
TrueEarnings: $12k
Sallie Mae: $5k
Freedom: $2.5k

Best Buy: $8k
Kohl's: $0.8k

Discover TU FICO: 754 (6/2015)
Building credit while completeing grad school. Three long years to go...

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CarefulBuilder14
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Postby CarefulBuilder14 » Fri Feb 20, 2015 2:11 pm

But what is it every likes so much about Visa Sig? Is it the soft credit limit? A perceived status thing? The miscellaneous travel offers? Are we too lazy to make our own dinner reservations, and too trusting that a stranger won't make a mistake with them?

I see so many threads asking how to get Visa Sig and fairly few about why you'd want one.

There are a lot of great Visa Sig cards, no doubt - but those cards have card and issuer-specific features that make them great.
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

kdm31091
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Postby kdm31091 » Sat Feb 21, 2015 3:37 pm

CarefulBuilder14 wrote:I suppose VS on a Freedom could be useful when hotels are part of the 5% offerings. I kind of like having one Platinum Visa to use with off-category merchants that try to keep their costs low, though.

When I looked before at what VS offered, I wasn't impressed. Mostly, it looked like 'free' shipping at website that offered it to everyone, $10 off goods that are $20 overpriced, and travel credits that could be easily replicated elsewhere.

I did some research, trying to replicate some of those offers - some were easy, some I wasn't able to. Then again, those offers were pretty narrow - such as applying to one single hotel, instead of a collection of hotels.

Have any heavy travelers here made good use of the offers?


I dunno, doesn't seem like hotels are a category on the Freedom very often - if ever...?

Visa Sig is one of those things I just don't understand, as far as why people worry so much about "upgrading" to it. The benefits are nothing that most people even are aware of let alone use.

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CarefulBuilder14
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Postby CarefulBuilder14 » Sat Feb 21, 2015 6:39 pm

kdm31091 wrote:I dunno, doesn't seem like hotels are a category on the Freedom very often - if ever...?


Q4 2012...but it's definitely not as common as gas.
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

kdm31091
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Postby kdm31091 » Sat Feb 21, 2015 6:48 pm

CarefulBuilder14 wrote:But what is it every likes so much about Visa Sig? Is it the soft credit limit? A perceived status thing? The miscellaneous travel offers? Are we too lazy to make our own dinner reservations, and too trusting that a stranger won't make a mistake with them?

I see so many threads asking how to get Visa Sig and fairly few about why you'd want one.

There are a lot of great Visa Sig cards, no doubt - but those cards have card and issuer-specific features that make them great.


+1 on this, I just simply do not get it. The obsession with it for no practical reason is mind boggling. Almost no one mentions " I want it because I want to use _________ feature", they just want it just to have it.

I wouldn't bother calling someone else to make a reservation -- how is that faster/easier than just calling the restaurant directly? *shrug

liberate
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Postby liberate » Sun Feb 22, 2015 10:56 am

kdm31091 wrote:+1 on this, I just simply do not get it. The obsession with it for no practical reason is mind boggling. Almost no one mentions " I want it because I want to use _________ feature", they just want it just to have it.

I wouldn't bother calling someone else to make a reservation -- how is that faster/easier than just calling the restaurant directly? *shrug


I can't speak for everyone, but I'm certainly not obsessed with it. I definitely wouldn't bother if it wasn't free or required any more work than sending an email. Again, I wouldn't mind having it for the hotel and travel benefits for vacations, and I'm not concerned with the concierge as I agree that I can make my own reservations just fine. I can't imagine why people would want it just to have it, but I suppose anything is possible.

Yes, there are other Visa Sig cards that are probably better, but I applied for the Freedom to get my foot in the door with Chase without annual fees. While I am interested in Visa Sig, it's definitely a secondary curiosity.
It: $19.5k
TrueEarnings: $12k
Sallie Mae: $5k
Freedom: $2.5k

Best Buy: $8k
Kohl's: $0.8k

Discover TU FICO: 754 (6/2015)
Building credit while completeing grad school. Three long years to go...

Fastphilly
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Postby Fastphilly » Sun Feb 22, 2015 1:19 pm

Not high on my list. I thought about doing it but I only travel a couple times a year so no big deal. People are obsessed about visa signature or world MasterCard. There was a thread recently about Citibank's new double cash card and more posts on the thread were about asking if it was a world MasterCard than the benefits of the card itself.
In Wallet:
SM Credit Union Platinum Visa 15K (opened 2004)
Citi Double Cash MasterCard 6.6K (opened 2015)
Chase Freedom Visa 5K (2009) (morphed from Providian/Wa Mu)

Calgirl
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Postby Calgirl » Mon Feb 23, 2015 7:10 pm

I have been a Chase customer for 12 years now and I have $15 K limit. I can tell you that except for one occasion where I requested for CL increase and got approved immediately, all other upgrades have been done by Chase; meaning that the company has contacted me to offer me the upgrade because my history with them and volume have increased.



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