Reply
Valued Member
hilltro
Posts: 27
Registered: ‎01-13-2009
0

Chase Slate Credit limit..

My girlfriend has a 733 score and just got the Discover More card with 6500 limit. Applied for Slate to BT and was approved for 400 dollars. Yes, 400 Dollars. we called the backdoor number and was given CLI of 100 dollars.

 

Anyone else have low CL with Chase Slate? 

Amex Platinum | Amex Zync | Penfed Plat Rewards | Discover IT | Bank Of America Cash Rewards

Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: Chase Slate Credit limit..

I apped for the Freedom and Slate on the same night a year ago (1 inq) with a TU Fico of about 762 and got 6500 and 7000 respectively. Its not offensive but an ego buster. All my other cards are >10K. If it is any consolation, I was approved for the JPM Select 7 months later for 7K but recently auto'd to $18,000.

No, it wasnt $400, but in comparison, it was low to my other lines.
Established Contributor
MountainHiker
Posts: 651
Registered: ‎08-07-2012
0

Re: Chase Slate Credit limit..

[ Edited ]

hilltro wrote:

My girlfriend has a 733 score and just got the Discover More card with 6500 limit. Applied for Slate to BT and was approved for 400 dollars. Yes, 400 Dollars. we called the backdoor number and was given CLI of 100 dollars.

 

Anyone else have low CL with Chase Slate? 


Given time those limits will grow fast with Chase.They just want to see good history and consistantcy.

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Established Contributor
KIPPIE12
Posts: 620
Registered: ‎05-09-2009
0

Re: Chase Slate Credit limit..

Does she have  a thin file?  Remember credit lines aren't determined by the score, but many other factors in the report, also income and fixed debt determine credit line.  Some banks might look at score more than other things, some not.  I've approved people with 800 scores for 2k, and 660's with 10k.

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


Citi TY Premier 36k| Discover 15.6k|BOA WMC 30.5k|Barclays Juniper Rewards 15k|Barclays Amex 20k| CapOne 15K|Chase Freedom VS 19.3k|Citi Dividend WMC 25k|FNBO 15.5k|CSP 22.1K|Chase Marriott 31.3k|Citi TYP 20K|Citi DP 16.5k|Sams Discover 10k|Chase IHG Select Visa 26k|Macys 5k|Sams MasterCard 10k|Barclay Arrival Plus WEMC 10k|Chae IHG WMC 26k|Citi Double Cash 10k|Chase MileagePlus Explorer 14k
Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Chase Slate Credit limit..

+1 Kippie.... they may feel as though she has enough existing credit provided by other creditors...esp. if that $6500 line recently started reporting.

Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
Epcot
Posts: 2,789
Registered: ‎10-10-2012
0

Re: Chase Slate Credit limit..

I got the slate in 2007, my util was high and they also gave me a 3 digit CL. I have asked for increases a couple times since, but they always tell me it will be a HP, so I never went for it.
I have carried small balances, PIF, not used it for 6 months. The limit has never changed in 5 years. Oh well.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Established Contributor
MrCredit
Posts: 576
Registered: ‎11-13-2008
0

Re: Chase Slate Credit limit..

Chase is sensitive to new accounts. It could be a possibility that they saw the $6500 Discover card. I have heard of people that have no relationship existing with Chase get low limits on the Slate. The Sapphire Card is a what you should of applied for, which has a minimum CL of $5k and you need at least a 700 or close to it for approval.

Regular Contributor
mr_postman
Posts: 179
Registered: ‎01-17-2008
0

Re: Chase Slate Credit limit..

Chase gave me FREEDOM 6.5K and a month later gave me Sapphire Prefered 7.5 K with a 652 EXP  but the score i got from chase was 739 vantage i guess i think they look at your other limits as well and income i have 3lines with 20K limts so i guess that helps

Contributor
xboxrunner
Posts: 139
Registered: ‎05-30-2011
0

Re: Chase Slate Credit limit..

Chase is stingy with CLs and CLIs. I've been good to my Freedom even though they gave me a lousy CL. Still no CLI in 1.5yrs. Its ok though, I just use it now when the rotating categories are favorable.


Experian (CreditSesame)- 823 (8/2/14), 761 (Citi-4/26/13), 823 (Credit.com-8/2/2014)
Equifax Fico (MyFico) Fico- 745 (7/15/11)
Transunion (Credit Karma)- 790 (8/2/14)
Vantagescore (Credit Karma)- 896 (8/2/14)
Vantagescore 3.0 (credit.com)- 805 (8/2/14)
New Member
Thiefofthieves
Posts: 8
Registered: ‎06-11-2012
0

Re: Chase Slate Credit limit..

I just applied and was approved for the Chase Slate card.

 

They pulled TransUnion and i've got a 660-670. Income of $55,000 per year. And no delinquency in over 5 years.

 

Instant approval and a $3,000 CL.

CAPITAL ONE REWARDS MC $3,500 / DISCOVER STUDENT $500 / CITI DIAMOND PREFERRED MC $1,900 / CHASE SLATE $3,000

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}