Well chase prequals are usually pretty solid so if you got it you are likely to be approved. Low income doesn't mean you can't get the card, they care more about your ability to pay the debts and not over extend yourself.
I'd ask whether the card will benefit you, and if it's worth the $95 annual fee after the first year. With the sign up bonus i'd say it's worth it and then after the first year if you wouldn't spend enough to cover the AF then you can always PC to a freedom or freedom unlimited.
Also, getting the chase card and a CLI with AMEX are not mutually exclusive. You can certainly attempt both.
@Anonymous wrote:As a long time reader first time poster, I am looking for some input on what i should do about an upcoming vacation. I have recieved a prequal for the CSP in my offers on chase but I dont't know if I'd really get approved because of my low income ($30,000). In addition, I opened a BCP last December and have'nt pull the CLI trigger yet. So I am torn between apping for a new card for the signup bonus and travel perks or just going for a CLI on the Amex.Here's more information about my overall file.
Credit Cards:
Amex BCP: 500/2000 (0% APR)
BoA Cashrewards: 300/1800
Barclay Rewards: 700/2500 (0%APR)
Chase Freedom: 700/3000
Citi DC: 1000/7100
Discover IT: 5000/12900 (i know well over 30%)
Gap Visa: 0/9800
Student Loans: 28000
Car Loan: 12000
Scores: EX: 741 TU:733 Eq: 721 (Citi)
Inquires: Ex: 3 (2 falling off this month) Eq: 1 (falling off this month) TU: 1 (falling off this month
AAoA: 3.3 years, 40 months, 1 new account in 2 years.
Basically I'm just looking for recommendations and advice on what I should do... ie go for the CSP or just try for a CLI thru amex. Feel free to ask any other infomation if I missed something. Also not sure if this goes here or if it would be better in the Credit cards sub.
I don't see why you need to choose. Amex CLI requests are soft pull.
Depending on where you are with 5/24 apply for chase first then SPG second. You can apply for SPG and also ask for CLI.
It won't matter if you apply for chase first, but if you apply for AMEX first then you will be at 5/24 and will have to wait for inquiries to fall off, which is why I suggested doing chase first then amex second.