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Chase credit card

NoodleDoodleMan
Posts: 4,068 Forumite

in Credit cards
An email today as a Chase current account holder.
Heads up to keep watch over the next few days for the upcoming launch of a credit card - current account holders will be the first eligible to apply apparently.
Hopefully they will allow additional cardholders.
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Intrigued on what the features, plus freebies to join (if any) will be on offer. I’m expecting Chase to perhaps do something a bit different.0
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the initial 25000 testing group will have 0% interest on purchases for first 18 months, no fee, no Forex spending charges but NO cashback
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I've asked Chase support if additional cardholders will be permitted - will advise soonest when they respond.UPDATE - apparently there will be no additional cardholders at this stage - but don't quote me.1
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I have been with Chase since April 2022, but have no expectation of being part of their initial testing group. I don't use them as my primary banking service provider.
However, good to see they have finally entered the credit card business which is a significant step towards becoming a full services bank, with a view to finally turning a profit. Once they also start offering personal loans and mortgages, they can really commence making inroads into the almost $1 billion of trading losses incurred in building the bank's UK customer base to this point.
By contrast, their American competitor Goldman Sachs with its Marcus Bank offering has done nothing more to build on its client base of UK depositors, and one wonders if they might ultimately withdraw from the UK. Certainly they have pivoted the Marcus brand in America away from the lower end retail market to concentrate on the high net worth segment.
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Ooh I hope I get offered one. I really want one.Debt Free: 01/01/2020
Mortgage: 11/09/20240 -
The link to apply was in the app last night for me1
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penners324 said:The link to apply was in the app last night for me0
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I use Chase debit card for all my everyday spending
If there is no cash back I cannot see the point in me getting one
I will stick with Halifax for larger items0 -
jaypers said:penners324 said:The link to apply was in the app last night for me1
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penners324 said:The link to apply was in the app last night for meThanks for flagging this up - I was expecting a follow up email this morning - still waiting !!!Applied successfully through the app - a useful back up card to supplement the debit card on holiday.
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