Switching/Converting from Visa to MasterCard?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
8 posts
432521
Centurion Member
Centurion Member
 
Posts: 379
Joined: Thu Apr 26, 2012 3:15 pm
Location: USA

Switching/Converting from Visa to MasterCard?

Postby 432521 » Fri Jun 22, 2012 4:20 pm

I have been wondering, in about a year I plan on switching my chase freedom from a visa to MasterCard version. I will wait a year because when that time comes they will do it without doing another hardpull. What I want to know is if I do it will it effect my aaoA? Like will it show as a cancellation of my visa freedom and a new opening of a MasterCard freedom? I will also have a similar problem with my wellsfargo college credit card because that will be switched as well when I graduate and that card is my longest open date and when they switch it it will be around 3 years old and it will suck if I lose that on my aaoa calculation.
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday


agp
Centurion Member
Centurion Member
 
Posts: 709
Joined: Fri Apr 20, 2012 10:24 pm
Location: US&A

Postby agp » Fri Jun 22, 2012 6:33 pm

Chase doesn't promote its Mastercard anymore. If you ask any CSR they will tell you they only offer Visa as of now.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

432521
Centurion Member
Centurion Member
 
Posts: 379
Joined: Thu Apr 26, 2012 3:15 pm
Location: USA

Postby 432521 » Fri Jun 22, 2012 6:46 pm

I asked about it in may and they still had the MasterCard version
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

Ratfacedudeguy
Centurion Member
Centurion Member
 
Posts: 362
Joined: Wed May 30, 2012 8:10 pm
Location: Baltimore

Postby Ratfacedudeguy » Fri Jun 22, 2012 7:58 pm

It shouldn't hurt a thing as long as you stress to them that you want to simply do a product change to the mastercard version. I just had my Accelerated Rewards Amex from BoA converted into a Cash Rewards Visa and it's still reporting as the same account.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

Money card
Centurion Member
Centurion Member
 
Posts: 1361
Joined: Tue Jun 28, 2011 10:13 pm
Location: New York state

Postby Money card » Mon Jun 25, 2012 10:27 pm

if all you are doing is changing the logo, you are going to have the same account number, it will not show a canceled card everything will be the same because on your credit report it will say chase.

If I switched from the venture card to the no hassle card and the account is the same number, all it would say is capital1.

hematino
Centurion Member
Centurion Member
 
Posts: 339
Joined: Fri May 11, 2012 4:08 pm
Location: Atlantic City, NJ

Postby hematino » Fri Jun 29, 2012 12:52 am

Money Card,

That's kind of weird, that they wouldn't change the account number when changing from a Visa to a Mastercard or vice versa. Are you sure? All Visa cards begin with the number 4 and all Mastercards begin with the number 5 (and 6 for Discover, 35 or 37 for Amex, etc). Do they make exceptions for product changes or something? Have never done it and I am curious.
Now she's eyeless.
The snakes she held once
Eat up her hands.

Ratfacedudeguy
Centurion Member
Centurion Member
 
Posts: 362
Joined: Wed May 30, 2012 8:10 pm
Location: Baltimore

Postby Ratfacedudeguy » Fri Jun 29, 2012 8:04 am

You're correct hematino -- the account number on the card will indeed change. It will still show on the credit report that it is the same account though, and that's all that really matters. If it was just a matter of keeping the same payment network and simply changing the rewards program or something like that, I could see the account number staying the same, but as you said, not when changing from Visa to Mastercard, and so on.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

Money card
Centurion Member
Centurion Member
 
Posts: 1361
Joined: Tue Jun 28, 2011 10:13 pm
Location: New York state

Postby Money card » Sun Jul 01, 2012 2:53 pm

I would think because it's a chase card and a Freedom card if all you want to do is change the processing logo from visa to Mastercard and you are using the same bank, this case being a freedom it would be the same account.

as you metioned visa starts with a 4 while Mastercard is a 5, what chase might do change just the the first 4 numbers since you are going to a Mastercard, but the rest of the account number will be the same.



Return to “Visa & MasterCard”

Who is online

Users browsing this forum: No registered users and 0 guests