Chase has brought back product changing on the United cards. A lot of people are interested in signing up for the various Chase United personal and business card given their recent increase in signup bonuses.
You can product change your annual-fee United card to the no-fee Gateway card. That should make you eligible again to signup for the card, assuming you have not received a card bonus on this card product in 24 months. (Note: there aren’t any fee-free Chase United business cards, only the personal Gateway card.)
This card product is available to you if you do not have this card and have not received a new Cardmember bonus for this card in the past 24 months.
It should be just a few days from when you product change a card until it clears out in the Chase system which will then allow you to apply again.
Hat tip to Kozmic420
Can anyone help me understand why you’re product changing instead of cancelling (and freeing up the credit with Chase)? Is it just to avoid cancelling cards too frequently (oldest account age)?
Haven’t you heard of Chase’s 5/24, which is a limit on how many credit cards you can apply for from any banks before Chase doesn’t give you a signup bonus? That’s affected only by re-applying for a card, but not by product changing it.
But if you cancel now, and decide you want the card again later, you have to re-apply, while if you product change, a year or more later you can product change back.
And some people just product change to save money on the annual fee, but maintain a card to use on occasional United purchases in this case. Plus if someone want the higher-up United card later, they can product change back, having saved money for those years when they had a lower AF card.
But, yes, especially if you’re had the card for a long time, avoiding cancelling is a possible way to keep your credit score a bit better.
So there are multiple possible reasons.
I do it to keep my average age of accounts high but it’s not a huge factor. After product changing, I lower the credit limit on the card to like $500.
I have a parent with a United explorer. He doesn’t really use any of the perks and is kind of just in a cycle of paying his dues each year(he wasn’t even aware they increased).
Is there any real discernible loss, for him pivoting over to the gateway card? Are most Just doing the product changefor the sake of the eligibility re the newer offers(cuz that won’t be his motivation)?
Thx
J
I product changed Chase United Explorer to the NAF Gateway card late last year.
Formatting issue above:
The new sentence you added about there not being any no-fee business cards wraps to far left, not to the same spot as the rest of the paragraph above it.
I don’t see any formatting issue. Guessing it’s just your ad-block that makes it look funny.
Actually, it’s likely the placement of the ad itself.
I copied the link for this page to two different browser windows where I don’t have an ad blocker, and the same formatting issue occurred, it just wasn’t quite as obvious.
And here’s why it happens:
The ad is at the left of the page, but doesn’t reach down to the last paragraph.
So that’s a poor ad placement.
It was the right ad placement before the new sentence was added, but it became a poorer ad placement once the new sentence was added.
So a few choices to fix it:
FYI, just tried to product change from a Citi AA card to Citi Double Cash. Wouldn’t allow it. Only to another AA card or to the Costco card. First time that’s ever happened.
But can the costco card PC to a custom cash?
weird, I changed my AA to double cash last year.
Sir, this is a Wendy’s… I meant, this is post about Chase, but thanks for that datapoint on Citi, anyway, because that’s an odd one. Had done a product change from Citi AA Exec to Custom Cash in January. Wonder what changed for them. Maybe they don’t like you.
It’s not about not liking you.
They simply went to what other banks do.
Amex and Chase have already long had restrictions about only upgrading or downgrading or product changing cards within the same family.
Citi is getting to be a bigger credit card bank, now that it’s about to become the sole issuer of AA credit cards, and so it’s starting to behave more like the other big banks.
Maybe you’re right—it’s ‘just doing business’ like their competitors; or, maybe they do ‘blacklist’ specific individuals out of spite! Either way, the result is somewhat the same for those affected.
Also planning to PC Citi AA Biz, not sure which one to PC to. :/ AA Card is useless for me anyway.
Saw this: Is Citi no longer allowing product changes between AAdvantage and ThankYou point cards?
quick question are you allowed to pc from biz united to per no fee united gateway I guess no ?
No, can’t PC from business to consumer
I’ll add a note that there aren’t any no-fee business cards
Will this work to product change from a business card to the Gateway card? I’m looking for access to the expanded inventory at no cost.
Nope. No product change from business to private cards!
The expanded inventory and discount are being stripped from the Gateway card 🙁
Which in my opinion was the worst news of the entire day of changes. RIP, we heavily used that benefit with the Gateway card. So sad…..
So what is the advantage to keeping the Gateway? Just preserving credit history?
No PC between business and consumer cards.