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Valued Contributor
Posts: 1,339
Registered: ‎09-11-2012
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Applied for chase freedom... again

Recently applied for cap cash card and got approved. So I tried chase freedom master card... I did last year no luck.

It said we are currently reviewing your application. I call the number and the guy said the account department is close and I should call back at 8am.

I have walmart, PayPal, citi platinum, cap cash card, best buy .... 40% uti., 100 on time no br, no late no nothing.

Should I even call back tomorrow? If so what is the number? Maybe it different than the one I call..
2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
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Posts: 932
Registered: ‎06-12-2012
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Re: Applied for chase freedom... again

Definitely. But you really should have waited til your utility was lower. Chase is utilization sensitive.
JP Morgan Select $10k | Citi TY Premier $15k | PenFed PlatRewards $22k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | NASA PLOC $30k @ 8.25% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Valued Contributor
Posts: 1,339
Registered: ‎09-11-2012
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Re: Applied for chase freedom... again

1800-436-7947 is the number I call. Is it the right one?
2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
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Posts: 7,225
Registered: ‎09-16-2011
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Re: Applied for chase freedom... again

Good luck. I agree with you should have waited for a better utilization %. Maybe you can recon if denied for that reason and explain that you wanted a balance transfer?

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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Regular Contributor
Posts: 178
Registered: ‎09-12-2012
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Re: Applied for chase freedom... again

Best of luck!   I app'd last week and got the dreaded wait response.  I called two days later to inquire on my application and they reconsidered my request.  They gave me a $2000 CL!

Valued Contributor
Posts: 1,339
Registered: ‎09-11-2012
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Re: Applied for chase freedom... again

EandK what was your score and uti?
2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Valued Contributor
Posts: 1,960
Registered: ‎08-13-2007
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Re: Applied for chase freedom... again


webhopper wrote:
Good luck. I agree with you should have waited for a better utilization %. Maybe you can recon if denied for that reason and explain that you wanted a balance transfer?

I agree with this. If they deny you, tell them you want to BT from another card. That could tip the scales in your favor!

 

Good luck with your call and let us know the outcome.

Ray

** Every Card has a Job, and Every Card does its Job **

Established Contributor
Posts: 760
Registered: ‎02-11-2012
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Re: Applied for chase freedom... again

Most CC companies see red FLAGS when utilization is that high. They can interpret high utilization as no cash, low cash, or lost job problems. Clearly all negative.

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)


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Posts: 11,024
Registered: ‎12-30-2011
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Re: Applied for chase freedom... again


bettercreditguy1 wrote:

Most CC companies see red FLAGS when utilization is that high. They can interpret high utilization as no cash, low cash, or lost job problems. Clearly all negative.


Yeah, think this may be one of the reasons having an account with the lending insitution helps.  They have an internal record of one's financial life that isn't tied to the credit report.   

 

OT but with regards to Chase: I'm sort of tempted to push the limits and apply directly for a Chase Sapphire for testing purposes instead of the prior idea of just getting a Freedom once I hit a year credit history and have a few months depository record with Chase.  Certainly they seem to have a more personal touch than BOFA, was somewhat spooky having one of their account managers recognize me and come over and start talking to me when I was standing in line to deposit a check.  That never happened in all the years with BOFA in their banking centers, must be the fresh meat smell.

 

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
Goal Score: 700 on EQ 04 (01/01/16)


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Regular Contributor
Posts: 211
Registered: ‎08-23-2012
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Re: Applied for chase freedom... again

When I applied a month ago my util was 72% and they approved it with a $500 CL, and the only reason the approved it was because I have Checking/savings with them.

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