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Frequent Contributor
Rackham94
Posts: 488
Registered: ‎04-01-2013

Chase Freedom (Student Status)

[ Edited ]

Recently applied for Chase Freedom using CK app portal. Approval odds displayed FAIR previously applied for Discover It Card for Students approved with toy $500 limit 0% APR 6 months low APR after intro 15.00%

 

Yesterday applied for Chase Freedom got my highest limit yet 1.5K with 0% for 14 months and $100 cash back bonus!! 

 

BUT....

 

22.99% APR after intro!!!!!!!!!!

 

WHY????? I called to New Accounts and spoke w/ supervisor said this was strict based on federal regulations that they cannot change offer once the computer decides rate for at least 12 months. I asked about higher credit limit and told me it was possible and placed me on hold told me he could not do it without doing another HP... pondered it he was kind of pushing me to give him the permission to do so but I could not take another hit because I am currently in a recon w/ AMEX for Blue Sky.

 

In the end he told me he was sending my card Next Day Air UPS. Not bad for an 18 YR old that started with Capital One Journeys

Moderator
09Lexie
Posts: 22,557
Registered: ‎09-13-2012

Re: Chase Freedom (Student Status)

Frequent Contributor
Rackham94
Posts: 488
Registered: ‎04-01-2013

Re: Chase Freedom (Student Status)


09Lexie wrote:
Congrats on the approval.

Thanks! Can't wait for the mail! lol

Moderator
09Lexie
Posts: 22,557
Registered: ‎09-13-2012

Re: Chase Freedom (Student Status)

I was too lazy to call to ave mine expedited. It took 10 days to get mine.
Super Contributor
enharu
Posts: 6,828
Registered: ‎02-27-2013

Re: Chase Freedom (Student Status)


Rackham94 wrote:

Recently applied for Chase Freedom using CK app portal. Approval odds displayed FAIR previously applied for Discover It Card for Students approved with toy $500 limit 0% APR 6 months low APR after intro 15.00%

 

Yesterday applied for Chase Freedom got my highest limit yet 1.5K with 0% for 14 months and $100 cash back bonus!! 

 

BUT....

 

22.99% APR after intro!!!!!!!!!!

 

WHY????? I called to New Accounts and spoke w/ supervisor said this was strict based on federal regulations that they cannot change offer once the computer decides rate for at least 12 months. I asked about higher credit limit and told me it was possible and placed me on hold told me he could not do it without doing another HP... pondered it he was kind of pushing me to give him the permission to do so but I could not take another hit because I am currently in a recon w/ AMEX for Blue Sky.

 

In the end he told me he was sending my card Next Day Air UPS. Not bad for an 18 YR old that started with Capital One Journeys


grats on the approval!

just don't owe any money on the card. 23% APR is daylight robbery :/

 

Isn't the discover supposed to be 14 months 0% APR as well?

Grats on both approvals!

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Discover IT (15k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k).
Frequent Contributor
Rackham94
Posts: 488
Registered: ‎04-01-2013

Re: Chase Freedom (Student Status)


enharu wrote:

Rackham94 wrote:

Recently applied for Chase Freedom using CK app portal. Approval odds displayed FAIR previously applied for Discover It Card for Students approved with toy $500 limit 0% APR 6 months low APR after intro 15.00%

 

Yesterday applied for Chase Freedom got my highest limit yet 1.5K with 0% for 14 months and $100 cash back bonus!! 

 

BUT....

 

22.99% APR after intro!!!!!!!!!!

 

WHY????? I called to New Accounts and spoke w/ supervisor said this was strict based on federal regulations that they cannot change offer once the computer decides rate for at least 12 months. I asked about higher credit limit and told me it was possible and placed me on hold told me he could not do it without doing another HP... pondered it he was kind of pushing me to give him the permission to do so but I could not take another hit because I am currently in a recon w/ AMEX for Blue Sky.

 

In the end he told me he was sending my card Next Day Air UPS. Not bad for an 18 YR old that started with Capital One Journeys


grats on the approval!

just don't owe any money on the card. 23% APR is daylight robbery :/

 

Isn't the discover supposed to be 14 months 0% APR as well?

Grats on both approvals!

 


: / I didn't know there was a difference between Discover It and Discover It Students until after I applied... I called for PC change or to match terms to Discover It regular but they would not budge after several attempts. Do you think it would have been higher limit if I applied for Discover It regular?

Moderator
09Lexie
Posts: 22,557
Registered: ‎09-13-2012

Re: Chase Freedom (Student Status)

Maybe but then again you may not have been approved at all.
Frequent Contributor
Rackham94
Posts: 488
Registered: ‎04-01-2013

Re: Chase Freedom (Student Status)


09Lexie wrote:
Maybe but then again you may not have been approved at all.

Probably right! lol

Super Contributor
enharu
Posts: 6,828
Registered: ‎02-27-2013

Re: Chase Freedom (Student Status)

don't worry. it's all good. an approval is an approval!

its a bad idea to owe debt on a CC anyways and it's better to start cultivating that habit :smileyhappy:

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Discover IT (15k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k).
Frequent Contributor
Rackham94
Posts: 488
Registered: ‎04-01-2013

Re: Chase Freedom (Student Status)


enharu wrote:

don't worry. it's all good. an approval is an approval!

its a bad idea to owe debt on a CC anyways and it's better to start cultivating that habit :smileyhappy:


Been blessed so far to have the ability to PIF every month. I want to eventually get in mid 700s I know if I get approved for AMEX I will never app until 2020 haha. Do you think Chase would of increased my CL if I let the supervisor do the HP?


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