Out of all my credit cards Chase is the only on that has done CLDs. 
@ReVeLaTeD wrote:
@Anonymous wrote:
@ReVeLaTeD wrote:Really, Chase? Really? You couldn't even do me the base courtesy of at least matching my LOWEST limit credit card? I mean it's even lower than my Capital One card was, and that's bad. I feel like slapping someone. A person with a 700+ credit score, no derogs on the report they pulled, upper middle class income, util of 14% and a total DTI of 15% can't get more than $500?
By chance, have you frozen one or both of the reports that they didn't pull?
At the time I applied (5/29) there was no freeze; I released Experian once I was able to get access to the report finally. They pulled Experian, denied me due to the same old BS that Experian always has in perpetuating fraud, and I incorrectly assumed that Chase, in its infinite wisdom, would look at these 7-year-old derogs and the solid otherwise credit history and make the right decision. That's when I got the two surfer dudes who said they "...agree with the decline".
Called back, got the young alluring female, I asked them to choose a different bureau, at that time there was no freeze (~6/15). Both Equifax and Transunion were wide open as both reflect an accurate picture, and I informed Chase of such. They chose Equifax which I'm fine with. Equifax has the lowest # of inquiries and a fair picture of my credit. No BK, no derogs. Last FICO I personally pulled was around 701 or give or take. My income, without giving figures, was clearly enough for the credit limits outlined below, identified on the credit report. The only one I think that had not yet reported was Discover; but I don't think that should matter, given Hooters has always been there.
The only thing I can think of was the OptOutPrescreen.com. I chose to Opt IN. I got a letter from Experian saying they were opting me OUT and they would "...notify the other bureaus of the request." Equifax ended up with a fraud alert out of nowhere, I certainly didn't place it, and Chase had to do verifications as a result. Unfortunately they seem not to allow you to remove fraud alerts over the phone or online, and I work full days and don't have time to be writing letters in this age of technology, plus they're closed on the weekend, so I haven't gotten around to it.
To my knowledge, or at least from my reading, the Chase Slate has no such benefits as with the Chase Freedom. I didn't necessarily care about that IF the Chase Slate offered a decent credit limit.
My plan, once I receive the card, is to speak to the card services people and complain about the credit limit. They don't have to exceed what I've got, but they need to at least match what I've got. Period. If they can't do it from the jump, they need to at least assure me that the card is not stuck in credit limit purgatory. Otherwise I'll tell them to stuff the card.
I'm a little confused. Did they pull a completely clean report showing no negatives and no BK? Or did they pull a report showing negatives, and then you asked for a recon based on a different report? It seems like from your follow-up message that it was the latter. If that is the case, I imagine that is why they started you off with a low limit.
In any event, good luck with the CLI request.
Starting Score: ~500 (12/01/2008)
I get your frustration, I really do. But since you already took a hit for the inquiry and your AAoA, I would just keep it and buy a cup of coffee every few months.
It's still a prime card (just with a crappy limit).