topic Chase BL Rollercoaster in Credit Card Applications

Chase BL Rollercoaster

happypill — Wed, 09 Nov 2016 19:00:44 GMT

Let's just kick it off by saying I'm on the Chase BL since about 2010. I've tried a couple of apps the past few years and was denied.

My fresh rollercoaster ride began a couple of weeks ago when I applied for the Chase IHG card. Citi just this month let me off their BL with a nice approval on a Hilton Hhonors card. My CO with Citi was almost identical with Chase so I thought, what the hell, let's give it a shot. My reports are about 5-6 months form being completely clean (everything dates back to 2010).

When I submitted the application for the IHG, it immediately went pending and the automated line said 7-10 days. I was actually pretty happy that it wasn't a straight denial but I always expected to have to recon to get back in with Chase. Yesterday, I got the letter in the mail with the rejection. Chase's internal score for me was 772 and their reason for denial was prior relationship.

I called in to recon this morning and had a good conversation with the analyst. He gathered info about the prior delinquency, hopped off the line for a few minutes, came back for more info about my work and other accounts (I have a lot of new accounts), put me on hold again, came back and asked what kind of limit I was seekeing and would I consider something lower than what I have on other cards (I told him I'd like $5k, but $1k or anything would be fine so I could build the relationship), put me on hold and for the final time came back with a few more questions. He then said said it needed further review but he was recommending approval. Yay!

I called in to the automated status line and the message changed from 7-10 days to 2 weeks. I was thinking I'm going to get approved!

It's been a couple of hours so I called in again and...the message changed back to 7-10 days. I'm thinking that means someone reviewed the application and rejected it. I'm not going to call in again but **bleep**, I was really feeling like I was back in. Will just wait for the letter and see what happens in a week or two I guess.

Re: Chase BL Rollercoaster

creditguy — Wed, 09 Nov 2016 19:11:36 GMT

You may still be approved, the message changing doesn't always mean one thing or another. Don't read too much into that, although easier said than done I know, although I can't say for sure, I do wish you the best of luck.

Re: Chase BL Rollercoaster

cuthatcard — Wed, 09 Nov 2016 19:39:08 GMT

From reading these CHASE threads, it seems to me that there seems to be more folks getting the "7-10" message !

After getting a pre-equal for the Freedom and CSP , I app'd on Saturday only to get it as well . Done another pre-equal yesterday just to see what I might look like after loosing 3 points with TU and EX . CHASE now pre-equals with..Freedom , Freedom Unlimited , Slate and the CSP .

Called the status line this morning and got the robo: " We are still reviewing your application , you should hear from us within 7-10 days" !

Several have posted about getting stuck with this application message , just not sure what's going on, if they're tighten up or what !

Re: Chase BL Rollercoaster

happypill — Wed, 09 Nov 2016 19:48:30 GMT

@creditguy wrote:
You may still be approved, the message changing doesn't always mean one thing or another. Don't read too much into that, although easier said than done I know, although I can't say for sure, I do wish you the best of luck.

Thanks, I'm still hoping for the best. I'm not going to do anything to rock the boat, and will just wait to see what happens.