topic Re: App Spree - Chase Amazon Prime & Amex Gold in Credit Card Approvals

App Spree - Chase Amazon Prime & Amex Gold

KiraSan — Sun, 16 Aug 2020 18:50:09 GMT

Hi Guys,

I submitted two apps:

Amex Gold
- Approved with No preset spending limit (Account disclosure docs says 10k)
- HP: Experian - Score: 743
Chase Amazon Prime (registered a minute later on Experian)
- Pending: some message stating 30 days
- HP: Experian + Equifax
- Nothing on my Chase Account
- No application/status pending email

Any idea what "No preset spending limit" means and what are the chances of Chase approving the app?

Credit stats before submission:

Inquiries
- Experian : 2 about 10-11 month back
- Equifax. : 1 about 10 month back
Cred Util: 4%
Credit Limit: 15k
100% payment history
No derogatory marks

PS: I am using Chase as my primary bank from past year, Freedom CC in very good standing and continuous use.

Re: App Spree - Chase Amazon Prime & Amex Gold

AllZero — Sun, 16 Aug 2020 18:56:16 GMT

Congratulations on your AmEx Gold approval! Good luck on the Chase Amazon Prime application.

Re: App Spree - Chase Amazon Prime & Amex Gold

mrcraft — Sun, 16 Aug 2020 19:13:46 GMT

Congratulations on your approval!!

No preset spending limit can be a bit ambiguous. While you have no limit per se on your Gold Card, Amex does have internal limits which looks like it's $10K for you. I haven't checked my limit but I'd be trouble if I charge whatever my limit is on my Amex charge card right now.

With your Amazon Chase card, if you are under 5/24, I think you should be okay. Good luck!

Re: App Spree - Chase Amazon Prime & Amex Gold

CYBERSAM — Sun, 16 Aug 2020 23:46:54 GMT

Congrats on your approval 👍

Re: App Spree - Chase Amazon Prime & Amex Gold

KiraSan — Thu, 20 Aug 2020 15:53:58 GMT

Based on the data points on here, majority of the cases it took around an hour to a week for the status to change so I decided to wait a week and kept calling the automated line to check, if the status got changed from 30 days to something else.

I got an email today(after 4-5 days of submitting app) which stated I was APPROVED for Chase Amazon Prime with SL: $5k, upon logging into my chase account, I saw the new card's limit was $6.5k.

I would like to thank the community for providing great tips and data points!!!

Re: App Spree - Chase Amazon Prime & Amex Gold

blindambition — Thu, 20 Aug 2020 16:06:19 GMT

Congrats on the approvals!! Enjoy them!!! 👏🏻

Re: App Spree - Chase Amazon Prime & Amex Gold

KiraSan — Thu, 20 Aug 2020 19:28:30 GMT

Hey Guys,

I came across Sam's Club MasterCard, it is issue by Synchrony Bank. I heard they pull from TU, which still has no hard inquiries from the other applications, do you think its a good idea to add this card to the App Spree as well or should I wait it out a few months??

Do you think banks can close the cards once they see so many accounts opened recently on the credit report (soft pull going onwards? not sure if banks can/will do that)?

Thanks

PS: I still have my beginner JCPenney card from them issued around 3 yrs back with limit $600.

Re: App Spree - Chase Amazon Prime & Amex Gold

CreditAggie — Thu, 20 Aug 2020 23:34:51 GMT

Congratulations on your Amex Gold and Amazon Prime Visa approvals!

Re: App Spree - Chase Amazon Prime & Amex Gold

OmarGB9 — Thu, 20 Aug 2020 23:48:06 GMT

Grats!

Re: App Spree - Chase Amazon Prime & Amex Gold

KiraSan — Fri, 21 Aug 2020 00:38:27 GMT

@KiraSan wrote:
Hey Guys,
I came across Sam's Club MasterCard, it is issue by Synchrony Bank. I heard they pull from TU, which still has no hard inquiries from the other applications, do you think its a good idea to add this card to the App Spree as well or should I wait it out a few months??
Do you think banks can close the cards once they see so many accounts opened recently on the credit report (soft pull going onwards? not sure if banks can/will do that)?

Thanks

PS: I still have my beginner JCPenney card from them issued around 3 yrs back with limit $600.

Just pulled the trigger and got APPROVED with temporary SL: $2.5k as well.

HP/Score: TU/500+(300-620) - not sure which score model was used

Re: App Spree - Chase Amazon Prime & Amex Gold

coreyb80 — Fri, 21 Aug 2020 02:18:37 GMT

Congrats on the approvals!

Re: App Spree - Chase Amazon Prime & Amex Gold

CreditAggie — Fri, 21 Aug 2020 02:20:14 GMT

@KiraSan wrote:
@KiraSan wrote:
Hey Guys,
I came across Sam's Club MasterCard, it is issue by Synchrony Bank. I heard they pull from TU, which still has no hard inquiries from the other applications, do you think its a good idea to add this card to the App Spree as well or should I wait it out a few months??
Do you think banks can close the cards once they see so many accounts opened recently on the credit report (soft pull going onwards? not sure if banks can/will do that)?

Thanks

PS: I still have my beginner JCPenney card from them issued around 3 yrs back with limit $600.
Just pulled the trigger and got APPROVED with temporary SL: $2.5k as well.
HP/Score: TU/500+(300-620) - not sure which score model was used

Congratulations on your Sam's Club Mastercard approval!

Re: App Spree - Chase Amazon Prime & Amex Gold

Anonymous — Fri, 21 Aug 2020 08:25:56 GMT

I'd caution you to slow down with apps Chase is very picky about a lot of new accounts being opened, or so i've read. Congrats on all the approvals good luck keeping them all.

Re: App Spree - Chase Amazon Prime & Amex Gold

gdale6 — Fri, 21 Aug 2020 13:18:01 GMT

Grats to your success

Re: App Spree - Chase Amazon Prime & Amex Gold

KiraSan — Fri, 21 Aug 2020 15:39:50 GMT

@Anonymous wrote:
I'd caution you to slow down with apps Chase is very picky about a lot of new accounts being opened, or so i've read. Congrats on all the approvals good luck keeping them all.

Sure, I won't be applying for another year or so as these are the cards I wanted as my daily driver in wallet. Do you think Chase will close account/s even though all the accounts are/will be in good standing??

Re: App Spree - Chase Amazon Prime & Amex Gold

M_Smart007 — Tue, 25 Aug 2020 07:07:29 GMT

Congrats! .

Re: App Spree - Chase Amazon Prime & Amex Gold

AllZero — Tue, 25 Aug 2020 07:09:54 GMT

Congratulations on your approval!