Chase credit card

jaypers

friolento said:

On the face of it, it’s a fairly boring card, and you must pay it from a Chase account, which wouldn’t suit me for regular use. 

However, since I have a major holiday booking coming up, and as they offered me a very decent credit limit, I decided to apply because of the interest free credit. Depending on savings rates, the credit is worth nearly £700 for me - obviously not something I could pass on! I am not planning to use it for other purposes.

The application process is impressively smooth and quick, the card is available  for immediate use (like the debit card was), and can also be added to ApplePay, and I suppose GooglePay or whatever it’s called, instantly.

Nail on the head and similar for me. I’ve only gone for it due to the interest free side of things. They have given me a £12.5k credit limit and as I have some big purchases coming up I may as well let the capital pay me interest. Feels a bit like I’ve got one over on the Banks for once haha. 

ForumUser7

jaypers said:

friolento said:

On the face of it, it’s a fairly boring card, and you must pay it from a Chase account, which wouldn’t suit me for regular use. 

However, since I have a major holiday booking coming up, and as they offered me a very decent credit limit, I decided to apply because of the interest free credit. Depending on savings rates, the credit is worth nearly £700 for me - obviously not something I could pass on! I am not planning to use it for other purposes.

The application process is impressively smooth and quick, the card is available  for immediate use (like the debit card was), and can also be added to ApplePay, and I suppose GooglePay or whatever it’s called, instantly.

Nail on the head and similar for me. I’ve only gone for it due to the interest free side of things. They have given me a £12.5k credit limit and as I have some big purchases coming up I may as well let the capital pay me interest. Feels a bit like I’ve got one over on the Banks for once haha. 

Anyone aware of any minimum income for this account please?

NoodleDoodleMan

One aspect intrigues me, same with my Chase debit card - the physical card number was different from the one printed on the till receipt when I used my iPhone wallet to pay for goods earlier today.

I spoke with Chase sometime ago in respect of the debit card when I became aware - and they assured me this was correct.

The assistant also clarified why this was - but I couldn't really follow the explanation.........so, as long as it's kosher I'll accept this unusual procedure.

jaypers

NoodleDoodleMan said:

One aspect intrigues me, same with my Chase debit card - the physical card number was different from the one printed on the till receipt when I used my iPhone wallet to pay for goods earlier today.

I spoke with Chase sometime ago in respect of the debit card when I became aware - and they assured me this was correct.

The assistant also clarified why this was - but I couldn't really follow the explanation.........so, as long as it's kosher I'll accept this unusual procedure.

It’s a security feature with Apple Pay whereby it encrypts the actual card number. Very secure way of making purchases. 

superM

Me and my other half has not been invited to apply forbthe chase card yet.  Are you regular users of chase account? 

poseidon1

superM said:

Me and my other half has not been invited to apply forbthe chase card yet.  Are you regular users of chase account? 

Chase has over 2 million customers. This intial rollout is only to a tiny test group of 25,000. 

Like myself, you and your other half did not make the cut.

sausage_time

jaypers said:

NoodleDoodleMan said:

One aspect intrigues me, same with my Chase debit card - the physical card number was different from the one printed on the till receipt when I used my iPhone wallet to pay for goods earlier today.

I spoke with Chase sometime ago in respect of the debit card when I became aware - and they assured me this was correct.

The assistant also clarified why this was - but I couldn't really follow the explanation.........so, as long as it's kosher I'll accept this unusual procedure.

It’s a security feature with Apple Pay whereby it encrypts the actual card number. Very secure way of making purchases. 

Google Pay takes a similar approach.  Card number is not the same as the in-app virtual card number.

Marchitiello

jaypers said:

NoodleDoodleMan said:

One aspect intrigues me, same with my Chase debit card - the physical card number was different from the one printed on the till receipt when I used my iPhone wallet to pay for goods earlier today.

I spoke with Chase sometime ago in respect of the debit card when I became aware - and they assured me this was correct.

The assistant also clarified why this was - but I couldn't really follow the explanation.........so, as long as it's kosher I'll accept this unusual procedure.

It’s a security feature with Apple Pay whereby it encrypts the actual card number. Very secure way of making purchases. 

Chase add also another complexity in addition to the above example:

the card details you see when checking the app, and that can be used for online purchases,  are actually different than the one coded to the physical card, 

friolento

superM said:

Me and my other half has not been invited to apply forbthe chase card yet.  Are you regular users of chase account? 

I am a sporadic user. Right now, I just deposit and withdraw £1,500 once a month, so I qualify for the cashback. I have a 2% cashback credit card from Santander, so the 1% cashback is only of interest once I have bust my monthly cashback limit at Santander. This happens from time to time. I also use Chase savings accounts when they have a market leading rate, which they don't have right now. I don't use the Chase investment account (Nutmeg) since it is pants.

ForumUser7 said:

jaypers said:

friolento said:

On the face of it, it’s a fairly boring card, and you must pay it from a Chase account, which wouldn’t suit me for regular use. 

However, since I have a major holiday booking coming up, and as they offered me a very decent credit limit, I decided to apply because of the interest free credit. Depending on savings rates, the credit is worth nearly £700 for me - obviously not something I could pass on! I am not planning to use it for other purposes.

The application process is impressively smooth and quick, the card is available  for immediate use (like the debit card was), and can also be added to ApplePay, and I suppose GooglePay or whatever it’s called, instantly.

Nail on the head and similar for me. I’ve only gone for it due to the interest free side of things. They have given me a £12.5k credit limit and as I have some big purchases coming up I may as well let the capital pay me interest. Feels a bit like I’ve got one over on the Banks for once haha. 

Anyone aware of any minimum income for this account please?

There wasn't a mention of a minimum income. As and when you are allowed to apply, you can test your eligibility without a hard credit search. Though IIRC, they only give you a yes/no, not any indication on your credit limit.

jaypers

ForumUser7 said:

jaypers said:

friolento said:

On the face of it, it’s a fairly boring card, and you must pay it from a Chase account, which wouldn’t suit me for regular use. 

However, since I have a major holiday booking coming up, and as they offered me a very decent credit limit, I decided to apply because of the interest free credit. Depending on savings rates, the credit is worth nearly £700 for me - obviously not something I could pass on! I am not planning to use it for other purposes.

The application process is impressively smooth and quick, the card is available  for immediate use (like the debit card was), and can also be added to ApplePay, and I suppose GooglePay or whatever it’s called, instantly.

Nail on the head and similar for me. I’ve only gone for it due to the interest free side of things. They have given me a £12.5k credit limit and as I have some big purchases coming up I may as well let the capital pay me interest. Feels a bit like I’ve got one over on the Banks for once haha. 

Anyone aware of any minimum income for this account please?

There wasn't a mention of a minimum income. As and when you are allowed to apply, you can test your eligibility without a hard credit search. Though IIRC, they only give you a yes/no, not any indication on your credit limit.

Pretty sure I remember it indicated the likely credit limit when I did the initial soft search. Perhaps someone else can confirm this when they do their application.