Chase is converting some Mastercards to Visa
#16
A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures
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#18
Join Date: Jan 2005
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While it would be an additional step, if your MC is converted to Visa, you can purchase Sam's GCs online with the Visa(or any other card) to use in the warehouse.
I do this occasionally with Costco if I need to meet spending limits on cards other than Amex
I do this occasionally with Costco if I need to meet spending limits on cards other than Amex
#19
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Good to know, thanks.
#20
Join Date: Mar 2007
Location: S Cal
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Received my new Ink Plus card today. And yes, it is a VISA card.
#21
Join Date: Feb 2012
Posts: 731
I guess I'm going to have 2 Freedom Visa cards soon. And 1 Ink Cash Visa.
#22
Join Date: Feb 2005
Location: GSO
Programs: AA EXP, Marriott Titanium
Posts: 776
Mrs tmm received her new Ink Bold the other day and it was also a Visa. I have an Ink Bold MC that I received in June, so perhaps I should look into canceling that one soon in order to apply for the Visa as a new product, before it gets converted automatically....
#23
Join Date: May 2013
Posts: 747
Supposedly they are going to warn us before converting. If that's the case, I'll probably wait until they give me a heads up and cancel, then reapply a few months/6 months down the road for the same product and see if I can double up
#25
Join Date: Apr 2013
Posts: 16
Obviously, Chase is making more money from the new relationship with Visa than they are losing from cardholders no longer using their cards at Sam's Club.
It would be a pain in the rear to have to order gift cards from samsclub.com before every trip to Sam's Club. I'll just use my Discover at Sam's Club.
It would be a pain in the rear to have to order gift cards from samsclub.com before every trip to Sam's Club. I'll just use my Discover at Sam's Club.
#26
Join Date: Feb 2013
Posts: 1,818
Obviously, Chase is making more money from the new relationship with Visa than they are losing from cardholders no longer using their cards at Sam's Club.
It would be a pain in the rear to have to order gift cards from samsclub.com before every trip to Sam's Club. I'll just use my Discover at Sam's Club.
It would be a pain in the rear to have to order gift cards from samsclub.com before every trip to Sam's Club. I'll just use my Discover at Sam's Club.
#27
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,124
Chase says they are converting ALL Mastercards to Visa
this would suck for me since my vendor only accepts MasterCard and amex. I will have to either find another cc company with MasterCard or go back to amex. I spend 500k a year for my business on the ink bold
#28
Join Date: Aug 2012
Location: BOS
Programs: Chase Ultimate Rewards
Posts: 624
Obviously, Chase is making more money from the new relationship with Visa than they are losing from cardholders no longer using their cards at Sam's Club.
It would be a pain in the rear to have to order gift cards from samsclub.com before every trip to Sam's Club. I'll just use my Discover at Sam's Club.
It would be a pain in the rear to have to order gift cards from samsclub.com before every trip to Sam's Club. I'll just use my Discover at Sam's Club.
#29
Join Date: Apr 2013
Posts: 16
Why anyone in this day and age would only accept Mastercard and not Visa too is beyond me. Unless you're a huge company it would hard to find a credit card processor that didn't do both Visa and Mastercard.
#30
A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures
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I think we will see more of this. When MasterCard and VISA operated as an illegal duopoly the brands were interchangeable, but now they are competitors. They offer banks incentives to issue cards on their network, and some large merchants have made exclusive deals. I expect these programs will begin to filter down to medium size companies in the form of lucrative incentives that they can likely earn only by declining to accept other card brands. (i.e. MasterCard won't stipulate that they cannot accept VISA, but their quota will be set high enough that the only way they can achieve it is to favor MasterCard by declining to accept other cards, -or- by adding a surcharge on other network cards.)