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New Contributor
stud007
Posts: 68
Registered: ‎10-22-2010
0

Chase united card Instant Approval 20K limit

My DW applied for the chase united mileage explorer card last week and it was an instant approval showing $5K limit.

 

Got the card today and to our suprise the limit is $20K, which matches her USAA world card limit.

 

Cant believe chase gave her that limit considering they gave her just  $400 on the slate card barely 10 months back and denied her for a freedom 2 times.

 

I dont get their underwriting policies.

 

We are very excited and it was a 65k targetted offer....so she went for it.

 

Pulled TU with a 768 fico AAOA 4.2 years

 

current cards

Slate $400

USAA $20,000

Citi $5500

Amex BLUE $6000 and DELTA $2000

Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Chase united card Instant Approval 20K limit

Wow. Im speechless. Congrats

Valued Contributor
Dustink
Posts: 3,097
Registered: ‎10-02-2012
0

Re: Chase united card Instant Approval 20K limit

[ Edited ]



stud007 wrote:

My DW applied for the chase united mileage explorer card last week and it was an instant approval showing $5K limit.

 

Got the card today and to our suprise the limit is $20K, which matches her USAA world card limit.

 

Cant believe chase gave her that limit considering they gave her just  $400 on the slate card barely 10 months back and denied her for a freedom 2 times.

 

I dont get their underwriting policies.

 

We are very excited and it was a 65k targetted offer....so she went for it.

 

Pulled TU with a 768 fico AAOA 4.2 years

 

current cards

Slate $400

USAA $20,000

Citi $5500

Amex BLUE $6000 and DELTA $2000


I just talked to Chase today. The rep made a comment that they like to match the highest limit card on file. In my case I had a 5k limit on my report, so they gave me a 5k limit on the freedom card. I am sure this is not fact, but it may give you some idea of their underwriting theory.

A lot can change in 10 months.

 

Congrats.

 

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: Chase united card Instant Approval 20K limit

Wow......

 

CONGRATS!!!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: Chase united card Instant Approval 20K limit


Dustink wrote:



stud007 wrote:

My DW applied for the chase united mileage explorer card last week and it was an instant approval showing $5K limit.

 

Got the card today and to our suprise the limit is $20K, which matches her USAA world card limit.

 

Cant believe chase gave her that limit considering they gave her just  $400 on the slate card barely 10 months back and denied her for a freedom 2 times.

 

I dont get their underwriting policies.

 

We are very excited and it was a 65k targetted offer....so she went for it.

 

Pulled TU with a 768 fico AAOA 4.2 years

 

current cards

Slate $400

USAA $20,000

Citi $5500

Amex BLUE $6000 and DELTA $2000


I just talked to Chase today. The rep made a comment that they like to match the highest limit card on file. In my case I had a 5k limit on my report, so they gave me a 5k limit on the freedom card. I am sure this is not fact, but it may give you some idea of their underwriting theory.

A lot can change in 10 months.

 

Congrats.

 


Can depend on a lot of factors.  Chase recently approved me for Freedom for $5500.  My highest at the time was my Amex SPG at $27K.  I had a previous card that Chase had to shut down when I fell behind a few years back.  I caught up before it was charged off and paid the balance in full, so they let me back in but they weren't rushing to match my highest limit.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


Take the FICO Fitness Challenge
Regular Contributor
beautybrainsbooty
Posts: 212
Registered: ‎08-02-2012
0

Re: Chase united card Instant Approval 20K limit

WOOT!!! this is awesome.

started mid 500's. Disputed incorrect items and within a month or two my scores have skyrocketed and continue to do so
EQ: 755 as of 8/2013
TU: 700
Experian(or as I call them, the devil) I have no clue, they haven't released my report
Goal=801 across the board!!! Not too far from this, hoping to garden until Christmas 2013
Established Contributor
shakalaka
Posts: 567
Registered: ‎09-10-2012
0

Re: Chase united card Instant Approval 20K limit

Wow, Congrats. I guess DW made some kind of happydance. :smileyvery-happy:


Amex Platinum (NPSL) | Amex BCE (33,400) | Chase Sapphire Preferred (24,800) | Discover IT (12,700) | Chase Freedom (6,300) | Walmart (4,500) | CapOne (4.000) | Alliant CU Visa | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 758 (10/12) EQ 724 (10/22) EX 748 (12/5)

Regular Contributor
EandK23
Posts: 178
Registered: ‎09-12-2012
0

Re: Chase united card Instant Approval 20K limit

That's awesome!  Congrats! 

Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012
0

Re: Chase united card Instant Approval 20K limit

[ Edited ]

Dustink wrote:

I just talked to Chase today. The rep made a comment that they like to match the highest limit card on file. In my case I had a 5k limit on my report, so they gave me a 5k limit on the freedom card. I am sure this is not fact, but it may give you some idea of their underwriting theory.

 

 

 I really hope Chase surprises me by matching my Discover card when the CSP arrives this week.

Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012
0

Re: Chase united card Instant Approval 20K limit

[ Edited ]

Not sure how my response got stuck in the quote there.  I blame the iPad.

 

EDIT: fixed my post above.  Disregard.


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