So I have read rumors on a few forums about how Chase will be systematically re-issuing MasterCard's as Visa's. I had no reason to doubt people but yeah, I wanted to find out for myself.
I sent them a message online asking if my worthless Slate MasterCard could be changed to a Freedom but that I wanted to keep my account number and MasterCard network the same.
They responded that my account was eligible but unfortunately it would be changed to a Visa; and a regular Visa at that, not Signature. How rude!
The rep also confirmed that
"Furthermore, as part of our expanded relationship with
Visa, MasterCard credit and debit cards are currently
being replaced with Visa cards. However, I am pleased to
inform you that your Slate credit card is not currently
being replaced by a Visa card at this time. Should this
change in the future, you will be notified in advance."
I love those standard responses. My card expires next May so it will be interesting to see if I get a Visa by that time.
MasterCard's are beginning to be slim pickings; I hope that they try to stave off becoming extinct from the prime banks. I really liked my Chase MasterCard because it was a real Chase Manhattan account number and not this hidden-behind-the-scenes-First USA-Chase that it is now. Oh well, nothing stays the same.