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Established Contributor
Posts: 696
Registered: ‎11-07-2016
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Re: When to Apply With Chase ?


JR_TX wrote:
@OP ;

Here's how I established one of my daughters credit who's about your age (19yrs old) ;

App'd her with Discover it for Student (Unsecured) after turning 18 with Zero (0) credit and just enrolled in College last year. She got approved with $800 SL ($2.9K now). Disco just asked proof of College enrollment and Class registration via e-mail uploads.
After 6 months of reported history on EX with 724 FICO8, I app'd her with Amex BCE approved with $1K SL ($2.5K now).
After exactly a year of reported EX history of 728 FICO8 (2 weeks ago), I app'd her with Chase FU and instantly approved with $2.3K SL. Just got her Card today in the mail that shows Chase' own Risk scoring model of 735 out of high 900.
All these app while she only makes about $11K annually working part time as a student.
Hope this info helps you and Good Luck!

Congrats on her Chase SL!


TU FICO 8: 751 (8/17) — Ex FICO 8: 726 (9/17)
Established Contributor
Posts: 696
Registered: ‎11-07-2016
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Re: When to Apply With Chase ?


Deli wrote:

Hey everyone, just wanted to give a quick thought I have been having. When I go to apply here soon should I potentially try and go for the CSP app as well ? Or should I just hold off on that one? Updated on my Vantage 3.0 sitting at 707

Thank you all !


Unless your income is high, I highly doubt Chase will approve the $5k minimum based on only having the Cap1 $300. As much as I like Chase, I do wish I waited to app (I was planning to until they offered the $300/$500 on the FU in-branch). I would highly recommend Discover since it will growwwwwww. Look at my siggy. That Disco started as a secured card with $600.


TU FICO 8: 751 (8/17) — Ex FICO 8: 726 (9/17)
New Member
Posts: 11
Registered: ‎07-11-2017
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Re: When to Apply With Chase ?


GrasshopperStudent wrote:

Deli wrote:

Hey everyone, just wanted to give a quick thought I have been having. When I go to apply here soon should I potentially try and go for the CSP app as well ? Or should I just hold off on that one? Updated on my Vantage 3.0 sitting at 707

Thank you all !


Unless your income is high, I highly doubt Chase will approve the $5k minimum based on only having the Cap1 $300. As much as I like Chase, I do wish I waited to app (I was planning to until they offered the $300/$500 on the FU in-branch). I would highly recommend Discover since it will growwwwwww. Look at my siggy. That Disco started as a secured card with $600.


Okay awesome, yeah my CL isn't at 300 anymore I have a quiksilver and its at 750. Dont think it makes much of a difference but ya know. Any idea how long I should hold off until going for CSP ? 

Valued Contributor
Posts: 2,113
Registered: ‎05-05-2010

Re: When to Apply With Chase ?


Deli wrote:

GrasshopperStudent wrote:

Deli wrote:

Hey everyone, just wanted to give a quick thought I have been having. When I go to apply here soon should I potentially try and go for the CSP app as well ? Or should I just hold off on that one? Updated on my Vantage 3.0 sitting at 707

Thank you all !


Unless your income is high, I highly doubt Chase will approve the $5k minimum based on only having the Cap1 $300. As much as I like Chase, I do wish I waited to app (I was planning to until they offered the $300/$500 on the FU in-branch). I would highly recommend Discover since it will growwwwwww. Look at my siggy. That Disco started as a secured card with $600.


Okay awesome, yeah my CL isn't at 300 anymore I have a quiksilver and its at 750. Dont think it makes much of a difference but ya know. Any idea how long I should hold off until going for CSP ? 


I would hold off for 6 months, unless you get pre-qual offers on the Chase site. You should check for pre-quals on a regular basis.

 

 

New Member
Posts: 11
Registered: ‎07-11-2017

Re: When to Apply With Chase ?

Sitting at 750 on FICO 8, think I am going to double app for Freedom and CSP same day. 

https://prnt.sc/gjcbaw

New Member
Posts: 11
Registered: ‎07-11-2017
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Re: When to Apply With Chase ?

[ Edited ]

Went for just the freedom and got this message, "

 

Thank you for your request.

Unfortunately, we are unable to approve your request.

 

We will provide you more detailed information by U.S. mail in 7-10 days that explains the reasons for this decision."

Recon? What do I do ? Pretty strange imo....


Called automated line " Your app is being reviewed will hear back in writing within 7-10 business days"

Valued Contributor
Posts: 2,113
Registered: ‎05-05-2010
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Re: When to Apply With Chase ?

Surprised with your score. Do you have any negatives and are you over 5/24?

Call recon. Look for the number to a live analyst on the backdoor thread.

Keep us posted
New Member
Posts: 11
Registered: ‎07-11-2017
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Re: When to Apply With Chase ?

No negatives, only one inq. Automated says under review, website said I wasnt approved ... Hmm I guess ill call recon. 

New Member
Posts: 11
Registered: ‎07-11-2017
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Re: When to Apply With Chase ?

Not enough credit history was recon's repsonse ... Super lame.

Established Member
Posts: 37
Registered: ‎08-29-2017
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Re: When to Apply With Chase ?

Your credit history is really young and right now, the only account you have is the Cap1. So I would imagine that made Chase hesitant to approve you.

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