03-26-2009 06:16 AM
In many cases, Chase is able to provide instant credit decisions. However, this is not always possible and in some instances, applications are subject to further review. Chase is unable to provide an instant decision on your application which is being reviewed further. You will be notified in writing about the status of your application within 30 days.
They can't tell instantly??
03-26-2009 06:26 AM
The instant decisions are approved if your FICO score meets the minimums AND your CR content does not contain any "flags."
If you do not meet FICO or you have certain "flags" your application will be declined. However, if you are right on the border of having certain FICO minimums and the "flags" in your content is not an auto decline, then it will be referred to a human review or "further review" process.
This can often mean that you are declined anyway, just don't know for 30 days. But, it sometimes can mean that you are approved, but takes the extra time and review.
You could call the "back door" number for Chase and inquire about your application and may get a more immediate response from a credit analyst. I would suggest this in your case. Back door numbers are posted in the main CREDIT CARD forum thread
03-26-2009 12:13 PM