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Regular Contributor
SanjeevR
Posts: 121
Registered: ‎01-10-2012
0

Re: JP Morgan Select Approved


CreditScholar wrote:

How difficult was it to move your CLs around? I'm thinking about applying for a hotel card soon (Hyatt or Ritz), but I won't need the CL I'll likely get. If transferring CLs isn't too difficult, I might do this sooner rather than later.


It was actually really easy. I called the backdoor analyst number and they were able to do it in a matter of minutes.

Starting scores: Around 630 (Sep 2011)
Current FICO scores: TU ‘08 792 (Walmart) • EQ 765 • EX 771 (Amex)
Prime cards: JP Morgan Select (30K) • HHonors Reserve (30K) • Chase United MileagePlus Explorer (20K) • Chase Sapphire Preferred (20K) • Amex Hilton Honors Surpass (20K) • Amex BCP (20K) • Barclay Ring (20K) • Citi Thank You Premier MC/Visa (16K Combined) • Discover Escape (10K) • Amex SPG (5K) • Amex Premier Rewards Gold • US Bank Cash+ (5K+???)
Regular Contributor
SanjeevR
Posts: 121
Registered: ‎01-10-2012
0

Re: JP Morgan Select Reporting Question


swpopham wrote:
Just got off the phone with cs and they say its the csp reporting and not the palladium card. I guess that settles that argument I will say I am glad I was wrong. On that, oh good job on the 30k line, you had to top us!

Thanks! I have to admit that I was surprised myself. I seriously think it's an Amex - Chase thing. Chase sees the great relationship I have with Amex and they jump at the opportunity to top them!

 

It's good to hear that your Palladium isn't reporting. Thanks for checking and sharing.

Starting scores: Around 630 (Sep 2011)
Current FICO scores: TU ‘08 792 (Walmart) • EQ 765 • EX 771 (Amex)
Prime cards: JP Morgan Select (30K) • HHonors Reserve (30K) • Chase United MileagePlus Explorer (20K) • Chase Sapphire Preferred (20K) • Amex Hilton Honors Surpass (20K) • Amex BCP (20K) • Barclay Ring (20K) • Citi Thank You Premier MC/Visa (16K Combined) • Discover Escape (10K) • Amex SPG (5K) • Amex Premier Rewards Gold • US Bank Cash+ (5K+???)
Regular Contributor
SanjeevR
Posts: 121
Registered: ‎01-10-2012
0

Re: JP Morgan Select Approved


jsucool76 wrote:

Congrats, can't wait till I get on that level. :smileyvery-happy: 


Thanks. You'll get there.

 

Trust me - less than a year ago I was nowhere. Through patience and research, I've made all the progress you see in my sig.

 

Just remember - good credit is rewarded by more credit.

Starting scores: Around 630 (Sep 2011)
Current FICO scores: TU ‘08 792 (Walmart) • EQ 765 • EX 771 (Amex)
Prime cards: JP Morgan Select (30K) • HHonors Reserve (30K) • Chase United MileagePlus Explorer (20K) • Chase Sapphire Preferred (20K) • Amex Hilton Honors Surpass (20K) • Amex BCP (20K) • Barclay Ring (20K) • Citi Thank You Premier MC/Visa (16K Combined) • Discover Escape (10K) • Amex SPG (5K) • Amex Premier Rewards Gold • US Bank Cash+ (5K+???)
Super Contributor
CS800
Posts: 6,548
Registered: ‎04-07-2008
0

Re: JP Morgan Select Approved

Is the select normally an NPSL card?

 

Since they give you a $30K line i assume it also doesnt report a cl?




Regular Contributor
SanjeevR
Posts: 121
Registered: ‎01-10-2012
0

Re: JP Morgan Select Approved


CS800 wrote:

Is the select normally an NPSL card?

 


The Select card does have a credit line. However, as is the case with most Visa Signature cards, it can be used as a NPSL card so long as the amount over the credit limit is paid after the statement cuts. (Otherwise the card will be locked for use.)

 



CS800 wrote:

 

Since they give you a $30K line i assume it also doesnt report a cl?



The general consensus is that this card should not report at all.


To the best of my knowledge, IF it did report, it would report with a limit and a balance that would be factored in utilization.
Starting scores: Around 630 (Sep 2011)
Current FICO scores: TU ‘08 792 (Walmart) • EQ 765 • EX 771 (Amex)
Prime cards: JP Morgan Select (30K) • HHonors Reserve (30K) • Chase United MileagePlus Explorer (20K) • Chase Sapphire Preferred (20K) • Amex Hilton Honors Surpass (20K) • Amex BCP (20K) • Barclay Ring (20K) • Citi Thank You Premier MC/Visa (16K Combined) • Discover Escape (10K) • Amex SPG (5K) • Amex Premier Rewards Gold • US Bank Cash+ (5K+???)
Valued Contributor
Crashem
Posts: 3,098
Registered: ‎01-26-2012
0

Re: JP Morgan Select Approved


SanjeevR wrote:

CS800 wrote:

Is the select normally an NPSL card?

 


The Select card does have a credit line. However, as is the case with most Visa Signature cards, it can be used as a NPSL card so long as the amount over the credit limit is paid after the statement cuts. (Otherwise the card will be locked for use.)

 



CS800 wrote:

 

Since they give you a $30K line i assume it also doesnt report a cl?



The general consensus is that this card should not report at all.


To the best of my knowledge, IF it did report, it would report with a limit and a balance that would be factored in utilization.

+1. Sounds dead on.
               LIMITS IN CARD DESCRIPTIONS
Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: JP Morgan Select Reporting Question

There was a poster who mentioned his reported but that was a PC from CSP if I remember...

However, mine does not report either and I have had it since May.
Regular Contributor
SanjeevR
Posts: 121
Registered: ‎01-10-2012
0

Re: JP Morgan Select Reporting Question


MrShush wrote:
There was a poster who mentioned his reported but that was a PC from CSP if I remember...

However, mine does not report either and I have had it since May.

Excellent point! That's probably the answer...

Starting scores: Around 630 (Sep 2011)
Current FICO scores: TU ‘08 792 (Walmart) • EQ 765 • EX 771 (Amex)
Prime cards: JP Morgan Select (30K) • HHonors Reserve (30K) • Chase United MileagePlus Explorer (20K) • Chase Sapphire Preferred (20K) • Amex Hilton Honors Surpass (20K) • Amex BCP (20K) • Barclay Ring (20K) • Citi Thank You Premier MC/Visa (16K Combined) • Discover Escape (10K) • Amex SPG (5K) • Amex Premier Rewards Gold • US Bank Cash+ (5K+???)
Regular Contributor
mokong
Posts: 138
Registered: ‎12-13-2011
0

Re: JP Morgan Select Reporting Question

mine doesnt report yet i got it since may.

Super Contributor
CS800
Posts: 6,548
Registered: ‎04-07-2008
0

Re: JP Morgan Select Reporting Question


mokong wrote:

mine doesnt report yet i got it since may.


+1





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