topic CSP Approval! Back to the garden I go. in Credit Card Approvals

CSP Approval! Back to the garden I go.

Anonymous — Mon, 08 Apr 2019 14:05:44 GMT

So some of you may have followed a few of my other posts so I’ll try and keep this short. I applied on Friday before checking my Discover per-quals and was given the 30 day message. As I’ve never been able to get approved for a Chase card I assumed denial but called in and was told to contact a number that I couldn’t find on any of the boards. I called this morning only to find that it was the fraud department and my mother’s maiden name was missing from the app. I applied via the online sign in because I have an existing checking with them. After what seemed like an eternity I was asked to verify via text and after another long pause she proceeded to tell me I was approved for $7.7k! I was in total disbelief. Now the one thing I’m worrying about is the card being cancelled due to too many new accounts. I have my SPG Amex opened Feb, a Delta SkyMiles opened almost 30 days ago and a Discover opened last Friday. Do you all think the recent cards will make them reconsider and cancel my card? Also any tips on how to avoid this would be appreciated! My plan so far is use and start paying right away. Thanks as always for all the support on here from everyone! After this I have 1 dream card left on my list but I’ll wait it out before applying. Time to rejoin the gardening club.

Re: CSP Approval! Back to the garden I go.

MrPSS — Mon, 08 Apr 2019 14:17:34 GMT

Wow, congrats on snagging a lot of nice approvals in a short period of time. I'd assume your scores are high 700s? Also congrats on the nice SL and welcome to the Chase Club!

Re: CSP Approval! Back to the garden I go.

Anonymous — Mon, 08 Apr 2019 14:27:39 GMT

@patrick3002, thanks! Actually my score according to Credit Karma were 695 for TU and Ex. Only had 1 inquiry from a Ford lease in Jan18 before applying for the SPG Amex now up to 3 inq on both. Not sure if the low inq’s helped but I’m now done applying for quite a while. Now to clean out the sock drawer and get rid of 2 of my starter cards (1st premier & Credit One).

Re: CSP Approval! Back to the garden I go.

Anonymous — Mon, 08 Apr 2019 14:39:53 GMT

Congrats on your approval !!!!
Welcome to CSP family

Re: CSP Approval! Back to the garden I go.

Anonymous — Mon, 08 Apr 2019 15:24:56 GMT

Congratulations on your recent approvals!

Re: CSP Approval! Back to the garden I go.

mikesonthemend — Mon, 08 Apr 2019 15:30:04 GMT

Bam!

Re: CSP Approval! Back to the garden I go.

Anonymous — Mon, 08 Apr 2019 16:19:47 GMT

The suspense is horrible, but it worked out in the end. Congrats

Re: CSP Approval! Back to the garden I go.

calyx — Mon, 08 Apr 2019 16:28:48 GMT

Congrats on the CSP!

Re: CSP Approval! Back to the garden I go.

Chelow — Mon, 08 Apr 2019 16:36:20 GMT

Congrats on all pick ups ! Hopefully you won’t have problems with them closing the card. They could see your recent HP’s before they approved you so you should be ok.

Re: CSP Approval! Back to the garden I go.

Marz2002 — Mon, 08 Apr 2019 18:02:29 GMT

YOU...

CONGRATS on your Approvals, the AWESOME SL, and we will see you in the Garden!!!

Re: CSP Approval! Back to the garden I go.

paulesport — Tue, 09 Apr 2019 06:37:27 GMT

Am sure you know but be sure to consider your AAoA for your two starters. May get dinged on scores if you close them and they have the oldest history.

Re: CSP Approval! Back to the garden I go.

SarahJo — Tue, 09 Apr 2019 12:46:45 GMT

The positive history of the 2 starter cards will continue to report for 10 years, will it not?

Re: CSP Approval! Back to the garden I go.

calyx — Tue, 09 Apr 2019 13:11:52 GMT

@SarahJo wrote:
The positive history of the 2 starter cards will continue to report for 10 years, will it not?

Generally up to 10 years. Sometimes they disappear sooner, sometimes later (I have a card that was closed 11 years ago still on my reports, some people report cards disappearing before the 10 year mark, so YMMV)

Re: CSP Approval! Back to the garden I go.

CreditInspired — Tue, 09 Apr 2019 13:28:21 GMT

Congrats OP on approval and very nice SL

If I’m reading this correctly and you’ve opened 4 new accounts since February, that is a lot in this economic climate. I agree that it is gardening time and IMO, a teeny weeny bit of nervousness.

Re: CSP Approval! Back to the garden I go.

simplynoir — Tue, 09 Apr 2019 13:32:08 GMT

Congrats on your CSP approval there

As far as your concern about the recent accounts being opened you should be fine as long as you plan on gardening for minimum the next six months so you can get let those new accounts age. No need to make Chase second guess giving you a good card there.

Re: CSP Approval! Back to the garden I go.

Anonymous — Tue, 09 Apr 2019 14:12:09 GMT

Thanks for all the advice and congrats! I’m not too worried about my AAoA from closing as a few cards as the next time I’ll really “need” to apply for anything will be next year when my car lease is up. With the high (for me) Discover and CSP credit lines I’ll have more credit than I really need. Just looking to simplify my wallet and sock drawer now that I have a good mix and only 1 dream card left on my list.