I think the question is whether you have a choice. Will Chase let you continue to use your old card? Last time I had a bank send me a credit card uninvited it was to switch my Visa to a Mastercard. So now I have two Citibank Mastercards and no Visa, which is pointless. I called to tell them I didn't want it and they said "tough, we're not using Visa anymore."
Usually if a bank just up and sends you a card, it's because they *want* you to *stop* using your old one and start using the new one. They may not even allow you to keep your old one, even if the expiration date is not for a couple years. Banks have a lot of leeway to do stuff like that.
Of course, the solution in that case is to just cancel the card and get another one somewhere else.
Reader Comments (Page 1 of 1)
Jeff @ Dec 19th 2005 12:21AM
I think the question is whether you have a choice. Will Chase let you continue to use your old card? Last time I had a bank send me a credit card uninvited it was to switch my Visa to a Mastercard. So now I have two Citibank Mastercards and no Visa, which is pointless. I called to tell them I didn't want it and they said "tough, we're not using Visa anymore."
Usually if a bank just up and sends you a card, it's because they *want* you to *stop* using your old one and start using the new one. They may not even allow you to keep your old one, even if the expiration date is not for a couple years. Banks have a lot of leeway to do stuff like that.
Of course, the solution in that case is to just cancel the card and get another one somewhere else.