Prepping for a Chase Freedom card....

[santi16]

Hi folks. Was looking into adding a chase freedom to my wallet but I need some advice.

First of all my stats:

8 month credit history, 10% util, 9 inquiries on EX which is what Chase pulls right? No baddies/lates
 I bank with Chase as well with both checking and savings.

Cards:

Discover It $650

Ebay Mastercard $2000

AMEX BCE $1000

Chase Amazon Visa $1000

Walmart $1000

Sears $3000

My  EX score is 670 according to my Chase Amazon VISA app which i got last month

What are my chances at Freedom? Any advice is greatly appreciated.

[enharu]

You might want to wait for your chase amazon to be 6-12 months old. That will result in the best outcome. If you really can't wait that long, apply when your credit history is 1 year old.

Kinda risky though because you have a lot of inquiries for someone who only has few months of credit history. And it's quite a bad idea to go on a spree with the same lender when you have a less than ideal profile.

[myjourney]

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@santi16 wrote:

Hi folks. Was looking into adding a chase freedom to my wallet but I need some advice.

First of all my stats:

8 month credit history, 10% util, 9 inquiries on EX which is what Chase pulls right? No baddies/lates
 I bank with Chase as well with both checking and savings.

Cards:

Discover It $650

Ebay Mastercard $2000

AMEX BCE $1000

Chase Amazon Visa $1000

Walmart $1000

Sears $3000

My  EX score is 670 according to my Chase Amazon VISA app which i got last month

What are my chances at Freedom? Any advice is greatly appreciated.

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IMO

due to your relationship with chase I say you stand a good chance as long as UTL is under control may be a toy limit tho with score

[vish1]

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@myjourney wrote:

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@santi16 wrote:

Hi folks. Was looking into adding a chase freedom to my wallet but I need some advice.

First of all my stats:

8 month credit history, 10% util, 9 inquiries on EX which is what Chase pulls right? No baddies/lates
 I bank with Chase as well with both checking and savings.

Cards:

Discover It $650

Ebay Mastercard $2000

AMEX BCE $1000

Chase Amazon Visa $1000

Walmart $1000

Sears $3000

My  EX score is 670 according to my Chase Amazon VISA app which i got last month

What are my chances at Freedom? Any advice is greatly appreciated.

---

IMO

due to your relationship with chase I say you stand a good chance as long as UTL is under control may be a toy limit tho with score

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With a thin file and already a 1 month old chase card, I will think the chances are slim.

[santi16]

Yea thats what I figured. I would probably get approved with a small limit. May just end up waiting and stalling until they up the sign up bonus.

That would give me time to age my accounts a bit and I'd get my util all the way down to 0. Decisions, Decisions lol

[eviLution]

Patience leads to bigger limits my little grasshopper.

[FinStar]

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@vish1 wrote:

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@myjourney wrote:

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@santi16 wrote:

Hi folks. Was looking into adding a chase freedom to my wallet but I need some advice.

First of all my stats:

8 month credit history, 10% util, 9 inquiries on EX which is what Chase pulls right? No baddies/lates
 I bank with Chase as well with both checking and savings.

Cards:

Discover It $650

Ebay Mastercard $2000

AMEX BCE $1000

Chase Amazon Visa $1000

Walmart $1000

Sears $3000

My  EX score is 670 according to my Chase Amazon VISA app which i got last month

What are my chances at Freedom? Any advice is greatly appreciated.

---

IMO

due to your relationship with chase I say you stand a good chance as long as UTL is under control may be a toy limit tho with score

---

With a thin file and already a 1 month old chase card, I will think the chances are slim.

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+1

I would concur with vish1 & enharu on this.  Too thin of a file with recent new accounts does not improve those chances just yet.  The Freedom CC will be out for a long while so you have time on your side to let what you have grow.

[CredittotheMax]

They declined me 3 times for lack of credit history (0 month, 6 months, and 11 months)

[eviLution]

I say OP still have a 60/40 chance since he has a checking account with them, but he might have to recon and it's probably gonna be a low CL. I wouldn't recommend wasting an inquiry for $500 CL and it might be a waste for nothing at all.

[santi16]

I'm going to wait then guys. No reason to rush as i can only get better.

Thanks for all the advice and feedback folks. Truly appreciate it