@Butter41 wrote:I believe that I have a negative history with Chase. I had a checking account with them, that was converted from WAMU. I had it until about 2010, for about 6 years consecutive. I was laid off many times during that period and used overdraft about 30 times probably. The overdrafts were always paid because there was always money going in every 2 weeks or so.
Next, I became an AU on a Chase freedom with 2.5k limit. My ex hasn't been late on that account for about 4 years, but it was closed because of credit rehab by chase (that was one of their conditions). It was just PIF this week.
So, what are my chances of getting approved for a CSP? My current income is 25K and I have a 660 TU on myfico.com.
Further, my highest credit limit ever is 750 on cap1 rewards. I've had much higher limits on store cards, but they are closed. I never had a need for credit card, I felt, but got the Cap1 about 1 1/2 years ago.
Now, I' m trying to build credit and continue being fiscally responsible
Slim to none. Chase likes to see a CC 5k+ with a year of good history to get in on the CSP. That is YMMV but your file is too thin for it.
I would suggest trying for the Freedom or Discover IT.
@Butter41 wrote:I believe that I have a negative history with Chase. I had a checking account with them, that was converted from WAMU. I had it until about 2010, for about 6 years consecutive. I was laid off many times during that period and used overdraft about 30 times probably. The overdrafts were always paid because there was always money going in every 2 weeks or so.
Next, I became an AU on a Chase freedom with 2.5k limit. My ex hasn't been late on that account for about 4 years, but it was closed because of credit rehab by chase (that was one of their conditions). It was just PIF this week.
So, what are my chances of getting approved for a CSP? My current income is 25K and I have a 660 TU on myfico.com.
Further, my highest credit limit ever is 750 on cap1 rewards. I've had much higher limits on store cards, but they are closed. I never had a need for credit card, I felt, but got the Cap1 about 1 1/2 years ago.
Now, I' m trying to build credit and continue being fiscally responsible
I don't think you will have negative history because you were just an AU but the issue of an approval for a CSP seems iffy. Your current CL and score sounds like your chances for approval would be with the Freedom Visa.
IMO
@gpfirestone wrote:Honestly if you're only making $25k a year you have 0 chance of getting a CSP. The minimum starting credit for that card is $5,000. At that income level you maybe have $3,000 of disposable income a year assuming you're single and have no debt. Just get the most basic rewards card out there and build your credit until your income is higher. Credit card reward skills are really only needed for serious spenders. Get some basic, possibly a low intro APR card. For you I would personally recommend getting a Discover IT card. Another one you may want to consider is the Chase Amazon Visa since it is easy to get and you can build a reputation with Chase in order to apply for the CSP down the road.
I wouldn't go as far as to say that but yes OP needs to focus on other cards untill your income increases.
