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Regular Contributor
jakemod1
Posts: 171
Registered: ‎01-26-2013

Chase Circuit City

I had an account (AU) from Chase Circuit City before they filed for bankruptcy. Unfortunately, I never got a chance to call and ask if I could do a PC ( I received a letter from Chase stating that due to Circuit City going out of business, they were going to close the account). I looked at my CR and it is still being reported and is due to fall off my CR come Nov 2014. The account was never late and is being reported as paid.

 

My question is, if I apply for a Chase card (ie. Chase Freedom), will they take that account into consideration? Do I have a higher chance of getting approved? Also, will they possibly backdate my new account? My Circuit City card was opened back in 12/2002 and had a limit of $4,000. Is it even possible since I was only an authorized user?

 

I appreciate any input.

Discover IT: $7,500 | Chase Freedom: $5,000 | Chase Sapphire Preferred: $7,000 | AMEX BCE: $6,000 | BoA BankAmericard Cash Rewards: $2,500 | Cap1 VentureOne: $5,000 | GECRB Chevron: $3,500 | Macy's Store: $4,200; Macy's AMEX: $6,000 | Best Buy: $500 | Kohl's: $2,000
TU FICO: 746 (myFICO 7/28/13)
EQ FICO: 767 (myFICO 2/28/13)
EX FICO: 742 (myFICO 8/8/13)
App Free as of 8/8/13
Valued Contributor
thom02099
Posts: 1,288
Registered: ‎08-30-2011

Re: Chase Circuit City

[ Edited ]
 
jakemod1 wrote:

I had an account (AU) from Chase Circuit City before they filed for bankruptcy. Unfortunately, I never got a chance to call and ask if I could do a PC ( I received a letter from Chase stating that due to Circuit City going out of business, they were going to close the account). I looked at my CR and it is still being reported and is due to fall off my CR come Nov 2014. The account was never late and is being reported as paid.

 

My question is, if I apply for a Chase card (ie. Chase Freedom), will they take that account into consideration? Do I have a higher chance of getting approved? Also, will they possibly backdate my new account? My Circuit City card was opened back in 12/2002 and had a limit of $4,000. Is it even possible since I was only an authorized user?

 

I appreciate any input.


Give 'em a call, see what the say.  They might surprise you.

 

I had a Chase Circuit City card at one time back in the day.  When they closed it, they gave me the option to PC to a Chase Best Buy card, which I took.  That account was also closed, and when that happened, that was my opportunity to get the CSP card. 

 

Stranger things have happened with Chase!  Given your history with them, they may give you some preferred consideration.   Rather than going through the front door CSR route, might want to try one of the back door credit analyst numbers, I think you'd get a better answer than a first line CSR.    Only thing that could be an issue is being an AU, rather than the primary cardholder.  But again, they might surprise you! :smileyhappy:

AMEX Gold NPSL / AMEX Zync NPSL / AMEX Blue Cash Preferred $14K / Bank of America Cash Rewards Signature Visa $15K / Merrill Lynch Plus Signature Visa $15K / Chase Sapphire Preferred Signature Visa $10K / J P Morgan Select Signature Visa $10K / Chase Slate Visa $6K / CITI Diamond Preferred MasterCard $13.2K / Discover IT $10.5K / IberiaBank Select Visa $8K / 1st Command Bank Platinum Visa $7.5K / Wells Fargo Platinum Visa $7.5K / Home Depot $9.7K / Lowes $10K

EX = 765 EQ = 743 TU = 825 Mar/2014
Mega Contributor
Creditaddict
Posts: 16,914
Registered: ‎10-23-2007

Re: Chase Circuit City

I only know of American Express that does backdating on a credit report.

 

I don't think you can turn this card into something new with it closed so long ago... But if your credit is good, then past credit could possibly help with Chase.

That time was so odd, it was almost like the employees that knew the computer system better than others got better results... My parents had the $4k store card (dad primary, mom AU) When I found out from here about the store and talks about the credit card I quickely got my dad to add me and then about 2-3 calls (Chase Employees in) I got it upgraded to the Circuit City Visa and then converted over to Chase Freedom Plus Visa (When they still had that amazing gem of a card!)

SO Many were told that Visa upgrades were not an option, told that PC to other Chase Visa/MC cards were not possibly because of the partnership agreements (Starbucks was another one that you couldnt get out of until last minute when it was being cancelled (I got a Speedway out of that one which I now can't get PC since I don't live even in that part of the countery:smileysad:  )

Most got complete account closure or offer/move to the best buy store card by Chase.

Fico Scores: EQ 620, TU 675 & EX 703 (4-1-14)
Joint Cards: Navy NavCheck $15000, Discover iT $9000, Macy Amex $4000, Macy Store $3000, Macy Furniture $5800
AU: Virgin America $8500, CSP $27,000, Fidelity Amex $25,000, AA Biz $25,000, Barclay USAir Biz $6640
Mine: Navy NavCheck $3000, Kay Jewelry $2700, Pottery Barn $2800, FleetCard MC Biz $1800, HSN $1500, Vitacost MC $1500, Navy Cash $1500 and nRewards $1500, Bill Me Later $772, Cap1 Sony $750, Cap1 Spark $750, Best Buy MC $750, GE 76 Gas $650, Von Maur $600, Cap1 QuickSilver $500, Burbank CU $500, Kohls $300, Target1 $300, Target2 $300, Buckle $250, Express $250, Target3 $200
Valued Contributor
navigatethis12
Posts: 1,861
Registered: ‎01-24-2012

Re: Chase Circuit City

I don't believe being an authorised user on a credit card has any influence for the lender when you apply for your own card. Authorised users have no responsibility for the balance of the card and the lender really has no relationship with them.

 

They will not report the new account to have an opening date of 2002, even if the account was in your own name.

Mega Contributor
Creditaddict
Posts: 16,914
Registered: ‎10-23-2007

Re: Chase Circuit City


navigatethis12 wrote:

I don't believe being an authorised user on a credit card has any influence for the lender when you apply for your own card. Authorised users have no responsibility for the balance of the card and the lender really has no relationship with them.

 

They will not report the new account to have an opening date of 2002, even if the account was in your own name.


Sorry for confusion, was not suggesting the AU would help, just saying it to state ownership.

Fico Scores: EQ 620, TU 675 & EX 703 (4-1-14)
Joint Cards: Navy NavCheck $15000, Discover iT $9000, Macy Amex $4000, Macy Store $3000, Macy Furniture $5800
AU: Virgin America $8500, CSP $27,000, Fidelity Amex $25,000, AA Biz $25,000, Barclay USAir Biz $6640
Mine: Navy NavCheck $3000, Kay Jewelry $2700, Pottery Barn $2800, FleetCard MC Biz $1800, HSN $1500, Vitacost MC $1500, Navy Cash $1500 and nRewards $1500, Bill Me Later $772, Cap1 Sony $750, Cap1 Spark $750, Best Buy MC $750, GE 76 Gas $650, Von Maur $600, Cap1 QuickSilver $500, Burbank CU $500, Kohls $300, Target1 $300, Target2 $300, Buckle $250, Express $250, Target3 $200
Regular Contributor
jakemod1
Posts: 171
Registered: ‎01-26-2013

Re: Chase Circuit City


thom02099 wrote:
 
jakemod1 wrote:

I had an account (AU) from Chase Circuit City before they filed for bankruptcy. Unfortunately, I never got a chance to call and ask if I could do a PC ( I received a letter from Chase stating that due to Circuit City going out of business, they were going to close the account). I looked at my CR and it is still being reported and is due to fall off my CR come Nov 2014. The account was never late and is being reported as paid.

 

My question is, if I apply for a Chase card (ie. Chase Freedom), will they take that account into consideration? Do I have a higher chance of getting approved? Also, will they possibly backdate my new account? My Circuit City card was opened back in 12/2002 and had a limit of $4,000. Is it even possible since I was only an authorized user?

 

I appreciate any input.


Give 'em a call, see what the say.  They might surprise you.

 

I had a Chase Circuit City card at one time back in the day.  When they closed it, they gave me the option to PC to a Chase Best Buy card, which I took.  That account was also closed, and when that happened, that was my opportunity to get the CSP card. 

 

Stranger things have happened with Chase!  Given your history with them, they may give you some preferred consideration.   Rather than going through the front door CSR route, might want to try one of the back door credit analyst numbers, I think you'd get a better answer than a first line CSR.    Only thing that could be an issue is being an AU, rather than the primary cardholder.  But again, they might surprise you! :smileyhappy:


Thank you for your advice! I will definitely give them a call. I'm just waiting for my Discover account to report, in hopes that they match my limit on that card. There is a Chase branch close to where I live, so I might even go that route.
Will report back as soon as I get more details.
Discover IT: $7,500 | Chase Freedom: $5,000 | Chase Sapphire Preferred: $7,000 | AMEX BCE: $6,000 | BoA BankAmericard Cash Rewards: $2,500 | Cap1 VentureOne: $5,000 | GECRB Chevron: $3,500 | Macy's Store: $4,200; Macy's AMEX: $6,000 | Best Buy: $500 | Kohl's: $2,000
TU FICO: 746 (myFICO 7/28/13)
EQ FICO: 767 (myFICO 2/28/13)
EX FICO: 742 (myFICO 8/8/13)
App Free as of 8/8/13
Regular Contributor
jakemod1
Posts: 171
Registered: ‎01-26-2013

Re: Chase Circuit City


navigatethis12 wrote:

I don't believe being an authorised user on a credit card has any influence for the lender when you apply for your own card. Authorised users have no responsibility for the balance of the card and the lender really has no relationship with them.

 

They will not report the new account to have an opening date of 2002, even if the account was in your own name.


Yeah, I didn't think so. I figured I should ask just in case someone had a similar case. I will call and try anyway...worse they can say is no. I hope it gives me a little leverage, at least.

Discover IT: $7,500 | Chase Freedom: $5,000 | Chase Sapphire Preferred: $7,000 | AMEX BCE: $6,000 | BoA BankAmericard Cash Rewards: $2,500 | Cap1 VentureOne: $5,000 | GECRB Chevron: $3,500 | Macy's Store: $4,200; Macy's AMEX: $6,000 | Best Buy: $500 | Kohl's: $2,000
TU FICO: 746 (myFICO 7/28/13)
EQ FICO: 767 (myFICO 2/28/13)
EX FICO: 742 (myFICO 8/8/13)
App Free as of 8/8/13
Regular Contributor
jakemod1
Posts: 171
Registered: ‎01-26-2013

Re: Chase Circuit City


Creditaddict wrote:

I only know of American Express that does backdating on a credit report.

 

I don't think you can turn this card into something new with it closed so long ago... But if your credit is good, then past credit could possibly help with Chase.

That time was so odd, it was almost like the employees that knew the computer system better than others got better results... My parents had the $4k store card (dad primary, mom AU) When I found out from here about the store and talks about the credit card I quickely got my dad to add me and then about 2-3 calls (Chase Employees in) I got it upgraded to the Circuit City Visa and then converted over to Chase Freedom Plus Visa (When they still had that amazing gem of a card!)

SO Many were told that Visa upgrades were not an option, told that PC to other Chase Visa/MC cards were not possibly because of the partnership agreements (Starbucks was another one that you couldnt get out of until last minute when it was being cancelled (I got a Speedway out of that one which I now can't get PC since I don't live even in that part of the countery:smileysad:  )

Most got complete account closure or offer/move to the best buy store card by Chase.


Yeah, I wasn't even offered a PC, just a notice stating they were closing the account. If I would've known better then, I would've called at least and asked for a PC.

Discover IT: $7,500 | Chase Freedom: $5,000 | Chase Sapphire Preferred: $7,000 | AMEX BCE: $6,000 | BoA BankAmericard Cash Rewards: $2,500 | Cap1 VentureOne: $5,000 | GECRB Chevron: $3,500 | Macy's Store: $4,200; Macy's AMEX: $6,000 | Best Buy: $500 | Kohl's: $2,000
TU FICO: 746 (myFICO 7/28/13)
EQ FICO: 767 (myFICO 2/28/13)
EX FICO: 742 (myFICO 8/8/13)
App Free as of 8/8/13

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