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Established Member
saggy1
Posts: 50
Registered: ‎07-26-2012
0

Applying For A JPM Select......APPROVED

[ Edited ]

I recenlty got the CSP. I want this one as well for the hidden trade line and chip. I have apped quite a bit in the last 4 months. Proabaly 9 HQ's. The CSP is my highest tradeline at 5k. I should be ok for the JPM right?

 

Would it be best to wait until January to apply for this? Mt CSP and freedom accounts are no more than 1.5 months old.

Established Contributor
Koop10010
Posts: 731
Registered: ‎02-15-2012
0

Re: Applying For A JPM Select

How much of a limit did they give you on your Freedom card?  That would be a lot of new (Chase) accounts pretty quickly, I wouldn't be surprised if they had to move some of your Freeom's limit over to approve you.  Of course, your credit score and income will come into play with that.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday
Established Member
saggy1
Posts: 50
Registered: ‎07-26-2012
0

Re: Applying For A JPM Select

Limit on Freedom is only 500 limit on the csp is 5k.

Established Contributor
n777ua
Posts: 573
Registered: ‎05-29-2011
0

Re: Applying For A JPM Select

I don't see an approval in your future based on your recent INQ's and 500 Freedom CL.  

Amex Green NPSL, Amex BCE $19.7k, Amex HH Surpass $11.3k, Amex Simply Cash Business $3k, Chase Ink Bold $15k (flex)Chase Sapphire Preffered $26k, Citi Diamond $13.3k, Citi TY Preferred $10.5k, Virgin Atlantic Amex $8k, Discover Motiva $10k, Boa World Elite $10k, US Bank Visa $4.1k, GE Amazon $4k, GE Lowes $6k, BillMeLater $5.3k, Target $.2k, CapOne $2k Von Maur NPSL,
Established Member
saggy1
Posts: 50
Registered: ‎07-26-2012
0

Re: Applying For A JPM Select

I would have to agree really. Getting approved for the csp really threw me off though.

Established Contributor
Koop10010
Posts: 731
Registered: ‎02-15-2012
0

Re: Applying For A JPM Select


n777ua wrote:

I don't see an approval in your future based on your recent INQ's and 500 Freedom CL.  


Yeah, I reckon the $500 limit on Freedom means you're pretty much topped out for exposure from Chase right now.  I'd recommend using your new Chase cards regularly for the next 12 months or so, then applying for the JP Morgan Select.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday
Established Member
saggy1
Posts: 50
Registered: ‎07-26-2012
0

Re: Applying For A JPM Select

Weird thing is I apped for the freedom first got the $500 limit. Then apped for the csp and got a 5k limit. Kinda strange.

 

Maybe I could give it a shot in January, just use my csp and freedom wisely. I am sure weirder things have happened. If I get denied then I will try it again in the summer.....

 

Thanks for the help!

Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: Applying For A JPM Select

Yea I agree with other posters you should give it 12 months them try for it if your still interested.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
trumpet-205
Posts: 2,505
Registered: ‎11-11-2010
0

Re: Applying For A JPM Select

Chase do keep total CL you have with them in mind. So if you already have $5,500 CL from them getting Select is going to be difficult.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: Applying For A JPM Select

You can try and PC the CSP but you will lose the appeal and points benefits that card offers. Also, it may not be hidden if you PC. You might have hit their risk ceiling considering the toy limit on the Freedom, but then again, what do I know?!

I tied one on and applied on a whim and was approved...

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