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New TL with Chase

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Jamielei24
Contributor

New TL with Chase

I opened a Chase Slate and transferred 4 accounts (2 have posted, 2 pending). My question is this:

 

The inquiry has obviously hit my CR but I have yet to see the TL on my CR. My Chase account states that there is $0 due and the due date is June 11. So does this mean that the TL won't hit my CR until a statement generates and reports the transfer balances in June? Meaning that these 4 balances are going to disappear on my utl for May then suddenly reappear in June? Confused :/ help!

Equifax 720 (myfico 06/09/14 upgraded)
TU 730 (myfico 06/06/14), TU 730 (Walmart 06/03/14)
Experian 727 (myfico 06/06/14), Experian 712 (PLUS) 06/06/14

NFCU Flagship $17,500, Chase Slate $7,500, Citibank Simplicity $2,400, Capitol One QS $3,750, Walmart $3,000, Old Navy Store Card $3,000, Amazon Store Card $2,000, Target Red Card $1,000, Victoria Secret $1,070, Red Canoe Credit Union (my personal CCU) $2,000
Message 1 of 4
3 REPLIES 3
myjourney
Super Contributor

Re: New TL with Chase

Could be.

BT's can take some time to go through and at that point they could show up on the original accounts and then move and show on the new account 

UTL has no memory  in Fico eyes so when its all set and done you should recover should the above scenario take place 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 4
yudeology101
Senior Contributor

Re: New TL with Chase


@Jamielei24 wrote:

I opened a Chase Slate and transferred 4 accounts (2 have posted, 2 pending). My question is this:

 

The inquiry has obviously hit my CR but I have yet to see the TL on my CR. My Chase account states that there is $0 due and the due date is June 11. So does this mean that the TL won't hit my CR until a statement generates and reports the transfer balances in June? Meaning that these 4 balances are going to disappear on my utl for May then suddenly reappear in June? Confused :/ help!


All my Chase cards were initially given the 2 month frame w/ no payment due, but saw the new TL being posted after the first month.  Most likely you'll see the new TL w/ balance after first month statement cut, YMMV.  In the first month you'll also see a fluctuation of due dates/statement cut dates as it keeps changing on a daily basis but it's normal. 

JPM Ritz Carlton $8k I UMP Club $8k I CSP $8k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $6.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | Apple $2k | +23more
Scores: EQ:671 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *8-5-14*
Overall UTIL: 14% *Gardening Since: 1/20/16*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 since 12-12-13)
Message 3 of 4
Jamielei24
Contributor

Re: New TL with Chase

All 4 balances have posted. Chase has generated a new statement and due date is now 5/11. 

Thanks!

Equifax 720 (myfico 06/09/14 upgraded)
TU 730 (myfico 06/06/14), TU 730 (Walmart 06/03/14)
Experian 727 (myfico 06/06/14), Experian 712 (PLUS) 06/06/14

NFCU Flagship $17,500, Chase Slate $7,500, Citibank Simplicity $2,400, Capitol One QS $3,750, Walmart $3,000, Old Navy Store Card $3,000, Amazon Store Card $2,000, Target Red Card $1,000, Victoria Secret $1,070, Red Canoe Credit Union (my personal CCU) $2,000
Message 4 of 4
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