Barclays has entered into a new multi year deal with AARP to provide a range of co-branded cards. New Barclays AARP cards will launch in Spring of 2021. In addition Barclays has reached a new with JPMorgan Chase & Co to buy the existing AARP portfolio. Existing cardholders will be converted to the new Barclays AARP cards in Spring 2021 when they launch. Barclays has stated that a ‘suite’ of new AARP cards will be offered, but haven’t provided any additional details.
Does Anyone know if at conversion Barclays will use the original card open date or the new conversion date for the account opening date reported to the credit bureaus?
I am trying to find out for reasons of Average Age of Accounts w the credit bureaus and it’s impact on my score.
Thanks in advance!
Will chase communicate with card holder before they doing the “account transfer/transition”?
Barclay’s has a history of nerfing products when they become too popular (Sallie Mae was under the radar for a long time but eventually got nerfed; Uber only lasted what, 2 years?). If this card does offer any type of decent rewards it probably won’t last long, unless they are very strict on approvals.
Are there any product change options?
Product change for Chase or Barclays?
I still have a Barclays Uber card for the $6k limit, but just toss it my $9.99/mo. Experian sub to keep it active. If the new Barclays AARP card has decent rewards (doubtful) I may PC my Uber to it. The way you PC Barclays is to app for the new card you want and then call in & explain you want to close your old card & move the limit to the new card. I’ve PC’d Barclays cards 3 times that way.
Thanks. I was actually considering product-changing to a Chase product to avoid Barclays altogether.
Unlikely, as it’s a cobranded card.
Shit. I was waiting for the $200 cash back after $500 in spend offer to come back. Oh well.
That’s unfortunate. I got mine quick, that was about 4 years ago. I can’t product change to anything so this will be interesting.
Barclay’s has burned me twice with cobranded cards: Sallie Mae and Uber. So, no, I do not regret having closed my AARP card a few weeks ago.
Amen, brother. Barclays is my least favorite issuer, by far… I’ll handle 5/24 at Chase or the lack of merchants who take Amex over Barclays shenanigans any day.
After Sallie Mae and Uber? Oh no no no Sir Barclays. If anything good comes from you, it is swiftly taken away and made into a cup coaster that can’t quite do anything right.
I wish Chase will allow to convert to some card like Chase freedom, otherwise I’ll close it before it convert to Barclays. I don’t want a new account on credit report.
Is it going to affect my credit score for the conversion?
snob question.
Jason depends.. are you going to stop paying your credit card bills because you don’t like the new issuer? If so, then yes, it will affect your credit score.
When the Freedom Flex was rolled out, my AARP card became obsolete for me. Now I see why Chase was so willing to cannibalize one of its own cards for another.
I’ve never been through this process before. Will my AARP card count as a “new” account on my credit report once it moves to Barclay?
Typically when this type of thing happens the original opening date of the account is preserved. Of course no guarantees.