A few weeks ago I received a mass mailer for the Chase Ink Cash card with 12 months of 0% and 200 after spending 3000. It's better than the six months they lowered it to so I put it aside for the future. I applied for a few cards on Friday so figured what's one more and submitted it and it showed pending. I rang yesterday and found out they needed the PIN for Equifax or I could have them look at another bureau. I gave the PIN since it had been seven months since the last inquiry. The lady came back and said the system declined for inquiries(14 over 2 years, not none in the last six months), but she had already overriden it and would work on it if I could hold for a bit. After about three minutes she came back on and said she had finished but needed to send me to the verification department. The verification department asked some questions about the other business card I have with Chase and after another three minute hold she came back and said it was approved for 17,000! Chase has already given me 19800 in credit and about one month ago was told that that was about the maximum at that time, but apparenty one month is all that is needed for them to extend more credit.
Still somewhat amazed with the approval, I decided to apply for the Chase Sapphire Preferred for the bonus. I figured I could easily move limits around and open if it is declined. I thouht they would pull Equifax again so I rang to see if they needed the pin. This time they pulled TransUnion (4 inquiries that all appeared on Friday) and the gentleman said that I again had to speak with the verification department. After asking some questions about the business card(same questions as yesterday) she took about thirty seconds and came back with it being approved for 25,000!
I've come to the conclusion that the sytem obviously is glitching and that any day I will receive a telephone call telling me the limits are a mistake and they have to be lowered. It's just a bit unreal that they would give that much new credit that blows the credit any other bank has given out of the water. The most credit I have is General Electric at 27500 and then Citi at 19500. US Bank is higher but it is business so it doesn't count to me.
Age: 22
Utilisation: 1% with about 2800 spread across five cards out of 17
Length of history: 3 years 3 months
Average age: 1 year and 3 months?
Highest limit: Dillards American Express 17500(I don't really count this because we all know they give you anything) and Fidelity (FIA) American Express at 15000
Income: 125,000, a recent small inheritance, a raise, and a lottery win bumped it up to here. I asked the lady the first time if that should be included and she said of course since it will be reported on taxes.
No derogatory marks
Anyway, this is just to let people see that you don't need a really long history to get approved for good Chase cards with nice limits. The first bankcard I received was the Chase Amazon Visa with a 1000 in December 2011. Before then I had a Macys and Amazon Store card. I'll just enjoy these limits until they realise how crazy their system was.
........24000...............10000.....................6000................7000................500..................5000................18000...............10000
Starting Score: TU 595 EX 600 EQ 585