02-01-2013 12:19 PM
Today marked the 1 year anniversary of my Freedom card. Had only a 1500 dollar limit that was auto-cli'd to 2000 about 4 months ago. So I woke up this morning feeling lucky and app'd for the Sapphire Preferred.
To my suprise I was approved instantly! Holy cow. I was shocked to see that 8k limit. 4x my previous highest limit. Pretty crazy to think just a year ago I was on the phone recon'ing the Freedom.
Pretty sure they pulled Experian. Score is probably around 690. Util about 17%. AAoA is 4 years with 4 inq'd in the past year. None in the last 6 months. Income is 150k. I know from my year end Chase statement I ran 10k through the Freedom card. Pretty sure that helped my odds. I'll reiterate that I did not have a 5k limit before this card. I know that's a common question that seemed 50/50 in old posts about app'ing.
As far as negatives go I have 2 pretty ugly trade lines ( several 90,120,180 lates ) from previously troubled student loans. The last ugliness is from about 4 years ago. I was full expecting to have to pleade my case to Chase for this card via the backdoor.
Just thought I'd share...you know before I app'd I spent an hour looking through old posts of people app'ing or considering app'ing for the card here on MyFico.
02-01-2013 02:57 PM
Congrats! Love this card. Nice CL.
02-01-2013 03:00 PM
02-01-2013 03:05 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† 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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.