Jul 22, 07, 3:15 pm
Now, forgive for what's more than likely a stupid question, but I'm new to the credit card churning game. As the title says, will banks match credit cards? For example, I have a US Airways Visa Signature from Bank of America, and it's completely useless to me now that I don't fly US (other than the 0% APR/BT). If I wanted to, for example, switch to a CO MC from Chase, would Chase 'match' my Signature level at BofA and give me a World card? Again, probably a stupid question, but something I've been wondering.
Assuming you don't have any adverse notes on your credit report, I don't see why you would need a bank to match a credit card. Just apply for the card you wish to get and then convert the old one that you don't plan on using to a no-fee card to keep the credit history. Simple as that.
As a side note, if you are considering switching to a Chase CO card, there are probably some better options, depending on your goals and spend habits. I prefer using an AMEX card tied to Membership Rewards for their flexibility in redemption.
Jul 26, 07, 3:41 pm
Other than faxing in a copy of your statement or credit card, how would they know what you have other than what appears on your credit report? I think you'd be better off concentrating on getting your credit score as high as possible and then just apply for new cards occasionally.