Reply
Regular Contributor
Posts: 136
Registered: ‎07-09-2012
0

Chase Ink Bold approved!

So here's my app:

 

My AGI: $52,638

 

Home-based business (sole proprietor)

Annual Revenue (profit): $1,000

Years in business: 1

Tax ID: My SSN

Business Name: My first and last name

 

After talking with the reconsideration line it took about 30 minutes, but I was approved for a $6,000 flexible spending line. Card should arrive within 5-7 business days Smiley Happy Stoked!!! Now to achieve the $10,000 spend in 3 months to qualify for the 50k bonus rewards points! I know...$3,333 per month on the card. I'll give it my best shot. Smiley Happy


Starting Score (2015): EX: 748; EQ 737; TU 761
2014 Current Score: Discover FICO08 803 (1/15); EQ BE FICO 817 (1/15); PenFed FICO NextGen 799 (12/14)
Goal Score: All 775+ Available Credit: $100K+ Utilization: 10%
Gardening Since: Sept 2014
Senior Contributor
Posts: 3,919
Registered: ‎10-02-2012
0

Re: Chase Ink Bold approved!

Congrats iVE NEEVR SEEN AN INK CARD PERSONALLY until last time I went to IHOP and a man payed with his Ink from chase and it looked pretty nice. Congrats on your approval and getting your business card with chase!!


(EQ FICO ---) (EX FICO ---) (TU FICO ---) Gardening Since 07/15/15 For All 3 Credit Bureaus
(EQ Inquiries --) (EX inquiries --) (TU Inquiries --) All of my 3 Credit Cards are Secured with a $300 Credit Limit.
Regular Contributor
Posts: 136
Registered: ‎07-09-2012
0

Re: Chase Ink Bold approved!


BearsAndTurtlesRtheBest wrote:

Congrats iVE NEEVR SEEN AN INK CARD PERSONALLY until last time I went to IHOP and a man payed with his Ink from chase and it looked pretty nice. Congrats on your approval and getting your business card with chase!!


Thanks for the congrats! I was really nervous when I had to call the recon line, but that made it all the more exciting when I was approved. I wonder if that "thrill" will wear off eventually? I'm sure some out there are rolling their eyes but I don't care, 'cause it's part of the fun that comes along with this game we call credit. I'm enjoying reaping the rewards of building my credit which has taken years of hard work, writing letters to get baddies off, waiting for the other baddies to drop off, etc.

 

That brings me to mention that I have one baddy still showing. A 30/60/90/120 delinquent from 2007. I told them it was paid in full and closed by the creditor, explained the circumstances, and it was no problem.

 

I should also mention that when speaking with the reconsideration line, they asked what line of work it was that I was doing. I just told them it was building websites, and consulting with other local businesses in marketing strategy. They asked what my anticipated spend would be and I said 3-5k per month (they were ok with a range, not a hard number).

 

Hope this will help if anyone out there applies for a business card!


Starting Score (2015): EX: 748; EQ 737; TU 761
2014 Current Score: Discover FICO08 803 (1/15); EQ BE FICO 817 (1/15); PenFed FICO NextGen 799 (12/14)
Goal Score: All 775+ Available Credit: $100K+ Utilization: 10%
Gardening Since: Sept 2014
Senior Contributor
Posts: 3,919
Registered: ‎10-02-2012
0

Re: Chase Ink Bold approved!

[ Edited ]

Lol eventually it will wear of but like you said who cares! You got approved and its really exciting when you get the "Congratulations! Mark your application has been Approved". OH MAN! You wann get up and do the the wiggle dance(but you keep calm and just take a deep breathe and begn to scream inside!! HAHHA) also its the best feeling knowing your credit worthy with banks. Enjoy your card and keep getting those baddies off your report and watch your score shoot right up!


(EQ FICO ---) (EX FICO ---) (TU FICO ---) Gardening Since 07/15/15 For All 3 Credit Bureaus
(EQ Inquiries --) (EX inquiries --) (TU Inquiries --) All of my 3 Credit Cards are Secured with a $300 Credit Limit.
Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Chase Ink Bold approved!

Congrats

Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
0

Re: Chase Ink Bold approved!

Congrats on the successful recon and approval!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Established Contributor
Posts: 760
Registered: ‎02-11-2012
0

Re: Chase Ink Bold approved!

Charge only what you can afford and pay in full every month. If you must carry a balance, the value of the reward points zero out or go negative rapidly.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)


Remember the Three P's: Pay early in Full, Pay on Time, Patience
Regular Contributor
Posts: 136
Registered: ‎07-09-2012
0

Re: Chase Ink Bold approved!

Thanks everyone!


bettercreditguy1 wrote:

Charge only what you can afford and pay in full every month. If you must carry a balance, the value of the reward points zero out or go negative rapidly.


This is a charge card, so it must be PIF every month anyhow, which is how I handle all my other revolving credit cards also. In fact, I usually pay on the cards twice a month and usually leave just enough to report something to the bureau (~100) but always PIF. then pay the remainder long before the Due Date. No interest paid yet!

 

My challenge with the Chase Ink Bold will be getting the $10,000 spend in 3 months. I know I spend that in three months between mortgage, utilities, etc. but **bleep** of the budget.

 

I have to admit I have been going a little crazy thinking of things to make sure I get that spend for the bonus points....Hawaii vacation, DW says Diamond necklace and Hawaii vacation Smiley LOL , christmas gifts, etc. I'm trying to keep my feet on the ground and remember that my normal budget will get me the bonus rewards if I can get all that spend on the card. AND, if I don't get the extra 25k bonus for not meeting the monthly spend, it's better than not being able to pay my charge card!!!! As if that needs to be said!


Starting Score (2015): EX: 748; EQ 737; TU 761
2014 Current Score: Discover FICO08 803 (1/15); EQ BE FICO 817 (1/15); PenFed FICO NextGen 799 (12/14)
Goal Score: All 775+ Available Credit: $100K+ Utilization: 10%
Gardening Since: Sept 2014
Highlighted
Regular Contributor
Posts: 136
Registered: ‎07-09-2012
0

Re: Chase Ink Bold approved!


BearsAndTurtlesRtheBest wrote:

Lol eventually it will wear of but like you said who cares! You got approved and its really exciting when you get the "Congratulations! Mark your application has been Approved". OH MAN! You wann get up and do the the wiggle dance(but you keep calm and just take a deep breathe and begn to scream inside!! HAHHA) also its the best feeling knowing your credit worthy with banks. Enjoy your card and keep getting those baddies off your report and watch your score shoot right up!


lol, yeah I think within the first day the dance comes out at some point, and you're right, if it doesn't I'm doing the dance inside.

 

 

funny gifs
funny gifs

Starting Score (2015): EX: 748; EQ 737; TU 761
2014 Current Score: Discover FICO08 803 (1/15); EQ BE FICO 817 (1/15); PenFed FICO NextGen 799 (12/14)
Goal Score: All 775+ Available Credit: $100K+ Utilization: 10%
Gardening Since: Sept 2014
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.