They won't do anything with it even if you call to my knowledge.
The $500 is basically the default, entry CL for Chase now for what they consider marginal or outright subprime customers. I'd take a hard look at my credit report if it were me, but that $500 limit is perfectly servicable in this day and age of online accounts, and getting in with Chase is a beneficial thing in the long run.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)Current Score: EQ 648, Wally TU 673, EX 687 (06/15/13)
Goal Score: 680 in all three (01/01/14)
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Revelate wrote:They won't do anything with it even if you call to my knowledge.
The $500 is basically the default, entry CL for Chase now for what they consider marginal or outright subprime customers. I'd take a hard look at my credit report if it were me, but that $500 limit is perfectly servicable in this day and age of online accounts, and getting in with Chase is a beneficial thing in the long run.
Definitely this. a credit limit of $500 doesn't mean you can only spend $500. It's a little more work but just pay it down more than once a month and you'll be fine. 
I really have no baddies on my score. When I append for this cars I had really high utilization and my aaoa was just under a year.
I got instantly approved but again still only 500 limit . It's been less then a week and already have 300 on it. (will pif on Friday)
I've basically exchanged this for my debit because of the rewards and the bonus offer if I spend 500 in first 3 months .
chase is always a hard pull on cli I will just use this regularly and pif and hope for the best.
Looks like you have some pretty decent credit lines for just startin out! Chase will grow with you, but as stated, usually a HP if they don't auto CLI you. But if you ever get to the point of needing/wanting another Chase product (a la Sapphire, etc.) They are usually pretty generous then after you establish a relationship!
In full gardening/ debt annihilation mode! (4/15/13)
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