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Established Member
saggy1
Posts: 50
Registered: ‎07-26-2012
0

Re: Requirements for JP Morgan Select Visa?

[ Edited ]

This card can be obtained one of two ways; high income and ok-good credit or modest income and great credit. I fit the second one and got the card...

Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: Requirements for JP Morgan Select Visa?

It's honestly not that difficult to obtain, and has similar requirements to the CSP before it was lowered. A FICO in the 700s, no recent or major baddies plus a decent income should be sufficient.
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
New Contributor
melbaro
Posts: 89
Registered: ‎08-03-2012
0

Re: Requirements for JP Morgan Select Visa?

Have you tried calling the recon number for a decision?

Frequent Contributor
WhiteCollar
Posts: 309
Registered: ‎04-07-2012
0

Re: Requirements for JP Morgan Select Visa?

Yes, I called last night and was still the decision is still pending. You cannot recon something that's pending.

Valued Contributor
jsucool76
Posts: 2,827
Registered: ‎12-11-2011
0

Re: Requirements for JP Morgan Select Visa?


WhiteCollar wrote:

Yes, I called last night and was still the decision is still pending. You cannot recon something that's pending.


I think melbaro meant to have them review your app right then on the phone as opposed to reconning. 

Wallet: Capital One Quicksilver 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 3000CL, Walmart Discover: 3500CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 2600CL, Bank Of America Student Travel Rewards: 2700CL, Amex PRG
New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
0

Re: Requirements for JP Morgan Select Visa?

I frankly didn't see much of a difference between JPM Select and Sapphire Preferred. Relatively the same rates, rewards and AF.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Valued Contributor
bribro
Posts: 1,367
Registered: ‎04-20-2012
0

Re: Requirements for JP Morgan Select Visa?


Elcid89 wrote:

I frankly didn't see much of a difference between JPM Select and Sapphire Preferred. Relatively the same rates, rewards and AF.


Here's a quick summary I put together contrasting the JPM Select and CSP (it's been copy and pasted in a few threads now):

 

So the advantages of JPM Select over CSP are:

  • Hidden TL
  • EMV chip & signature
  • Primary rental car CDW
  • No late or over limit fees
  • 25k points bonus after $100k yearly spend

 

And the disavantages are:

  • Weaker rewards (2x airfare, hotel, and car rentals vs. 2x on ALL travel and food with CSP)
  • No 7% annual points dividend
  • No sign-up bonus (currently 40k points with CSP)
  • Plain plastic credit card
TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Established Member
Captain4Ever
Posts: 26
Registered: ‎04-24-2012
0

Re: Requirements for JP Morgan Select Visa?

From my understanding, JPM Select is a hidden tradeline, no reporting at all.

 

How come it would contribute to your CR ? Also it will hit you will an inquiry as well.

 

Valued Contributor
jsucool76
Posts: 2,827
Registered: ‎12-11-2011
0

Re: Requirements for JP Morgan Select Visa?


Captain4Ever wrote:

From my understanding, JPM Select is a hidden tradeline, no reporting at all.

 

How come it would contribute to your CR ? Also it will hit you will an inquiry as well.

 


It doesn't contribute to your CR. Many like it because it allows them to carry a balance without it affecting their util since it doesn't report. 

Wallet: Capital One Quicksilver 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 3000CL, Walmart Discover: 3500CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 2600CL, Bank Of America Student Travel Rewards: 2700CL, Amex PRG

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