Wamu

  • Posts: 333

Replied by charonh on topic Re: Wamu

My Wamu visa card doesn't expire until next year, therefore I am wondering if they will just convert everyone at the same time or wait until expiration. All of the information I've received from them so far is unclear with regard to when new cards will be issued. Mine just basically says the account number will remain the same after the transition.
15 years 1 month ago #61
  • Posts: 311

Replied by cireone on topic Re: Wamu

JUST GO AN EMAIL TODAY............................
Oops, spoke to soon...................................





I would personally like to thank you for being a loyal MyPoints member and I would like to share with you changes to the MyPoints Rewards credit card program.

Our credit card provider, Washington Mutual (WAMU) became a casualty of the financial turmoil that occurred in 2008, and certain of its assets were purchased and liabilities were assumed recently by JPMorgan Chase Bank (Chase) from the FDIC, acting as liquidator of WAMU. As a result we expect that all WAMU credit cards including your MyPoints Rewards credit card will be discontinued. Nevertheless, your MyPoints Rewards credit card will continue to earn Points until February 14, 2009. These Points will accrue in your MyPoints account and can be used for great redemption options as usual.

However, we wanted to alert you that in the coming days you may receive a letter from Chase Card Services advising you that your MyPoints Rewards credit card is being converted into the Chase credit card program. The Chase program is not one that is sponsored by or associated with MyPoints and more importantly, will not provide you the point-earning opportunities you have come to expect as being a member of MyPoints.

At MyPoints, we know you value your MyPoints Rewards credit card. That's why we're working quickly to develop a new — and better — replacement card. You'll receive more information about the new card soon. If you have questions about MyPoints Points earned from using the card please send an inquiry through MyPoints Member Services at This email address is being protected from spambots. You need JavaScript enabled to view it..



Matthew J. Wisk
President
15 years 1 month ago #62
  • Posts: 311

Replied by cireone on topic Re: Wamu

BTW, now ive been thinking that what will happen to my MyPoints Visa. Will they just continue it or will it change like the WaMu Platinum??????
15 years 1 month ago #63
  • Posts: 311

Replied by cireone on topic Re: Wamu

So I just received another mailing from Chase again and it was stating the conversion of credit cards from WaMu. My WaMu Platinum mastercard will be converted to a Chas FLEXiBLE Rewards credit card. Ive never heard of this card from Chase???????? Is it a new one catered for WaMu cardholders or has it always existed????? Im also wondering what category does this card fallunderin their lineup.
15 years 1 month ago #64
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I know Citibank has similar restrictions for their checking accounts. WaMu was just really great because checks can be expensive, they gave them away for free. They did say "free checks for life" so I wonder if Chase has to honor that for existing members.


They should honor that promise after buying WaMu for pennies per share.
15 years 1 month ago #65
  • Posts: 311

Replied by cireone on topic Re: Wamu

Or direct deposit.

Chase is not the only one doing this.


Well accoring to the literature that Chase has been giving WaMu customers, things will still be the same, just a slight change in terms and name. Then again, thats the whole reason why I didnt get a chacking account with them. I hope it doesnt change. I only know of US Bank not having a minimum but chaks are at 20 something dollars an order. Lets just keep our fingers crossed.
15 years 1 month ago #66
  • Posts: 1257

Replied by ColoNative on topic Re: Wamu

I seriously doubt it, ColoNative. They're getting rid of the free fico that came along with having a Wamu credit card, but maybe they will.



Very true. This economy is terrible; and these banks keep eating each other up limiting our options.
15 years 1 month ago #67
  • Posts: 333

Replied by charonh on topic Re: Wamu

I seriously doubt it, ColoNative. They're getting rid of the free fico that came along with having a Wamu credit card, but maybe they will.
15 years 1 month ago #68
  • Posts: 1257

Replied by ColoNative on topic Re: Wamu

Or direct deposit.

Chase is not the only one doing this.



I know Citibank has similar restrictions for their checking accounts. WaMu was just really great because checks can be expensive, they gave them away for free. They did say "free checks for life" so I wonder if Chase has to honor that for existing members.
15 years 1 month ago #69
  • Posts: 391

Replied by RivasGlo on topic Re: Wamu

Does anybody know what will happen to the WaMu checking accounts? WaMu checking was awesome, it was totally free, they even gave you free checks. Chase has terrible checking, you have to maintain a certain amount or have at least 5 debit card transactions per cycle to keep it free.


Or direct deposit.

Chase is not the only one doing this.
15 years 2 months ago #70
  • Posts: 1257

Replied by ColoNative on topic Re: Wamu

Actually, I am thinking of upgrading to the Chase Freedom since the only type of rewards I like is cashback. As soon as I redeem my WorldPoints for cash back, I am going to convert my BOA WorldPoints Visa to the BOA Cash Rewards Mastercard.


Does anybody know what will happen to the WaMu checking accounts? WaMu checking was awesome, it was totally free, they even gave you free checks. Chase has terrible checking, you have to maintain a certain amount or have at least 5 debit card transactions per cycle to keep it free.
15 years 2 months ago #71
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

Actually, I am thinking of upgrading to the Chase Freedom since the only type of rewards I like is cashback. As soon as I redeem my WorldPoints for cash back, I am going to convert my BOA WorldPoints Visa to the BOA Cash Rewards Mastercard.
15 years 2 months ago #72
  • Posts: 158

Replied by interjack on topic Re: Wamu

I received my letter today saying that my account number will be the same. I've heard that they are going to convert WaMu cards to Chase cards and then you can upgrade the Chase card to the card of your choice.


The Chase Freedom looks like a nice offer. I guess it just depends on what the APR is.
15 years 2 months ago #73
  • Posts: 3479

Replied by hjm331 on topic Re: Wamu

I received my letter today saying that my account number will be the same. I've heard that they are going to convert WaMu cards to Chase cards and then you can upgrade the Chase card to the card of your choice.
15 years 2 months ago #74
  • Posts: 532

Replied by Eldarwen on topic Re: Wamu

I still haven't received a letter from Chase regarding the future of my account and I'm starting to get a little nervous.


Maybe you should call up Chase and ask. It never hurts to find out if it is being converted and what card are you getting.
15 years 2 months ago #75