How do you get instant approvals with so many inquiries?
I'm sure the internal criteria/algorithm has specific elegibility conditions for approval, but guess what... that final 22% APR wasn't so stellar. No different than folks getting approved for say an AMEX BCE with a $4K CL but the APR above 21%. For someone who PIFs, of course no issue. For someone who may carry a balance from time to time, well that's another story. Unfortunately, Chase will not lower that APR once the honeymoon/promo period expires.