Are they going for American style limits i.e. at Amex kind of level?
Eagerly awaiting my own invite, though can’t apply until the remortgage is out of the way.
My credit limit offered for Chase matches my BA Amex card which is better than the HSBC credit limit.
I have got a holiday coming up later in the year, so I might wait and apply in a few months time.
Interesting. Wonder if this will kick off a general move to American style limits? I’m thinking that it could do given that you could use the Chase card anywhere and not being able to puts people off Amex.
I rarely use my Amex card these days. If I go to the US, I use my Chase debit card. Chase is my main personal account so to be fair, the Chase credit card would be a great accompaniment.
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Well I couldn’t help myself, the lure of the in app invite and then the email this morning was just too much 
The easiest credit card application I’ve ever done (and I’ve done many). Virtual card ready for action, physical card on the way. It’s nice to see the card there in the app and that they’ll be absolutely no faff with payments.
Be aware that making payments (direct debit or manual) to the Chase credit card must be done from your Chase bank (current or savings) account.
Might not be an issue for many but I know some people will want to setup a direct debit from a different bank. I certainly would have if that had been an option but am willing to ensure sufficient funds are in my Chase account before minimum payment is taken.
Your point about making payments is fully and thoroughly explained in the TS&C’s and really shouldn’t be an issue for anyone applying for a card if they have bothered to actually read the TS&C’s blurb.
If the card/account holder doesn’t have enough funds in their account to service upcoming payments, then that is poor financial management on their part. Chase is my main personal account, there will always be enough funds there to make a payment, otherwise I may as well have not bothered to apply for the card.
I already have the credit card and have asked the question about direct debits from other banks. Not surprisingly, Chase has indicated that the fix is in the wings.
It’s not a deal-breaker, obviously, and the credit limit is certainly of the order of magnitude one would readily associate with high street banks. All good.
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I have to admit, I have never paid any credit card repayments by direct debit. I pay as soon as the email hits my inbox. I have a very tight handle on my finances as I’m sure you have!
Now I have the Chase credit card, I might bin off my Amex BA card for good. As I stated previously, I rarely use it, indeed I haven’t used it for months, so it wouldn’t be a great loss. I’ll most likely keep the HSBC credit card even when the interest free period finishes.
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Not everyone reads all the terms, even though they should.
Paying a credit card from a different bank (or even from a debit card) is widely available with other credit cards.
Paying the credit card bill as soon as you receive the statement means you are forgoing interest on your money by paying a bill before you need to. It might only amount to a pound each month but I’d rather have that money than not.
I appreciate you have a different attitude to me but why pay a bill before required? Are you going to pay more than the minimum on a 0% interest credit card?
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I have always paid by direct debit.
The money sits in an interest bearing account until DD date minus one and then gets transferred over to the account holding the DD.
Same process, whether sending to a Chase account or another provider, so doesn’t bother me that Chase choose that you pay from their own.
I knew that before I signed up. If I didn’t like it, I wouldn’t have signed up 
The only nark I have, which again I knew in advance and accepted, is that Chase minimum payment is set at 2.5% of statement balance, whereas my several other cards is just 1%, meaning I can stooze more elsewhere.
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I always pay more than the minimum amount. So for instance, I recently paid £2.5k for a holiday on my HSBC 18 month interest free card. I pay that back at £500 a month until it’s paid off and then the next holiday comes along and I pay for it on the card and so it goes on. I only ever take out credit cards with a decent amount of interest free period on them.
The only reason I took out a BA Amex card was for the join up airmiles bonus but I hardly use the card anymore. Not at all bothered either about any hit on my credit file either if I close it. I’ve closed loads of credit cards of my own volition and it’s never damaged my credit score which as I’m so oft reminded is a made up number anyway.
This is where we differ.
I would have paid the minimum over 17 months, and stoozed the remainder in a savings account, thus earning a free sum in excess of £100.
That said, if you do not hold that £2,500 in advance, then that is not possible.
But then again, you may also be someone who likes to not have any debts or complex finances.
IIRC, I am pretty sure it is you that convinced me to move to a variable DD on my energy. A move that has earned me a few quid over the last couple of years 
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Hmm. Whilst I currently divide the total by the number of months and pay that amount to the credit card each month. Thinking that I should change to paying the minimum and the rest towards a savings account.
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Which works if your savings interest exceeds the credit interest you’ll pay each month, of course.
I’d only be doing this on 0% cards.
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This 
I learned 3 decades ago to reign in my finances after a first marriage where my partner was not financially savvy. I cannot abide anything complex in my finances and this is why I pay every single bill the very moment it hits my inbox (I get nothing by post these days). I recognise I probably undoubtedly could make a little bit of interest by stoozing, but I genuinely cannot be bothered.
I’ve set my Chase credit card repayment at £250 initially, however depending on the amount owed, I’d pay off more, certainly much more than the minimum repayment required.
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If everyone conducted their finances in the same way, then forums such as these would be pretty boring 
I fell foul of this on an offer once, hence why I now always deduct one month from the end of my promotion period and clear it in full by that month’s statement. Cannot go wrong then.
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Well, my new Chase credit card arrived in the post today, just 48 hours after applying. I think that is quite possibly the quickest I’ve received a credit card of any description. Looks good imho
I trim the sails if need be towards the end of the period. So Sainsbury’s offer runs out on April 16th, so I will actually clear it at the end of March.
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