cancel
Showing results for 
Search instead for 
Did you mean: 

Applying for an unsecured Credit Card

Valued Member

Re: Applying for an unsecured Credit Card

I am thinking of applying for Chase Freedom to get the nice rewards that they have. I have read some articles and confirmed that the rewards they give are indeed in the caegories where I spend.

 

I have spent some signficant mount in my citi forward (laptop, dslr etc) and have paid off everything on time. See my signature to know my card app history.

 

Is my account ready for another (Chase Freedom) application?









Valued Contributor

Re: Applying for an unsecured Credit Card

Chase wants to see the history. From what I read here, they want to see at least a year and a half of history. How old is your oldest card?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Moderator

Re: Applying for an unsecured Credit Card


MovingForward_2012 wrote:
Chase wants to see the history. From what I read here, they want to see at least a year and a half of history. How old is your oldest card?

Less than one year revolving history is a common denial reason on the Freedom; it's not impossible as we've had some reports otherwise, but AFAIK in almost all cases those people had banked with Chase for a while prior to their application.

 

Not sure where 1.5 years came from here but my memory is admittedly getting worse as I get older.

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge
Valued Contributor

Re: Applying for an unsecured Credit Card

Hello! :-) What does AFAIK stand for?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Highlighted
Moderator Emeritus

Re: Applying for an unsecured Credit Card


MovingForward_2012 wrote:
Hello! :-) What does AFAIK stand for?

As far as I know. Smiley Happy


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Valued Member

Re: Applying for an unsecured Credit Card

Thank you for your reply.

 

My first card was in (and I still use it) Oct 2011. It was the Wells Fargo Secured Card. It has graduated now. The other card is citi Forward (applied in August), which is my main card right now and am using it since Oct 2012.

 

Is it early for Chase Freedom?









Valued Contributor

Re: Applying for an unsecured Credit Card

Thanks for the definition!

I would say your history is right at the minimum amount that Chase wants to see, so you'd have a chance at getting the card but for better chances, you may want to wait a little longer.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Valued Member

Re: Applying for an unsecured Credit Card

OK. Thanks.

 

I have been receiving Freedom application inviations since 3 months in the mail now. Does this make any difference?









Valued Contributor

Re: Applying for an unsecured Credit Card

I don't know. You can call them and ask them if you have any preapproval offers under your name. If you do, it is likely you will get approved.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Valued Member

Re: Applying for an unsecured Credit Card

LOL. I got it approved for $3500!