topic Re: Amazon Visa - DENIAL? in Credit Card Applications

Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 16:11:54 GMT

Just applied for the Chase Amazon Visa and got this message:

Thank you for applying for the Amazon.com Rewards Visa Card .. Unfortunately, an immediate decision about your application can not be provided as it requires further review. You will be notified in writing about the status of your application within 30 days.
But when I call the automated system tells me that it is under review and that I will get a reply by mail in 7 to 10 days.

I already have Chase Freedom Unlimited with them. I will have luck?

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 16:15:06 GMT

I'd call the backdoor number for the LO in the backdoor thread and see if they need anything.

What are are your current scores, utilization etc...

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 16:52:23 GMT

Equafax 678, Experian 703, Fico 710 .. 4% utilization

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 16:59:55 GMT

Equifax* sorry 😂😂

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:01:57 GMT

Did you apply directly on chase.com or the link when you are logged in to your Amazon account?

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:02:42 GMT

Amazon account

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:04:35 GMT

Others have reported that a 30-day answer is a good sign, indicating that your application will be approved and they just need more information (in which case you should by all means be proactive, call them and ask them if you can help them with gathering the data they need). The 7-10 day message is worrisome, on the other hand; 7-10 days is almost stereotypically a denial indicator. I'd call them to sort out which is which.

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:08:08 GMT

The message that appears after filling the application is general when it says the 30 days .. or can say 7 to 10 days?

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:11:56 GMT

I called the number that is on my card and the representative tells me that it is under review that I will know about them very soon by mail. I think it's a denial.

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:21:10 GMT

I applied for the same today and first it said 30 days and then switched to 2 weeks. Pulled EX 684 and TU at 710 with 2 paid charge offs; UTI is 10%, 6 cards in the last 3 months and AAoA is 3 years and 3 months. I called the Recon Line and they said it was denied. Asked for the recon and after being on the phone for 20 mins still DENIED. Reason: Too much available credit; not enough usage, too many new accounts. They asked me about late payments in 2007 and the disputed information on my CR that I am challenging. I am very disappointed in chase even though I paid my car loan through them from back in 2012-2016 with excellent payment history. Very picky and sensitive lender; I'm never wasting another inquiry with them. Like they put customer is dog houses; as of today they are on my blacklist. I will take my business happily to AMEX, NFCU and PenFed.

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:23:46 GMT

I had the same messages, I waited a few days and they ended up calling me to confirm my identity and that I was the one that app'd for the card. Once I went through all of their verifications, I was approved. I would give it a few days and call, if they don't call you first.

Re: Amazon Visa - DENIAL?

Anonymous — Fri, 19 May 2017 17:40:27 GMT

What worries me is when calling me 7-10 days versus when I fill out the application that in the end told me 30 days

Re: Amazon Visa - DENIAL?

Anonymous — Sun, 18 Jun 2017 21:41:57 GMT

So, what ever happened? Did you get approved?

Re: Amazon Visa - DENIAL?

Anonymous — Mon, 19 Jun 2017 00:29:10 GMT

@Anonymous wrote:
I applied for the same today and first it said 30 days and then switched to 2 weeks. Pulled EX 684 and TU at 710 with 2 paid charge offs; UTI is 10%, 6 cards in the last 3 months and AAoA is 3 years and 3 months. I called the Recon Line and they said it was denied. Asked for the recon and after being on the phone for 20 mins still DENIED. Reason: Too much available credit; not enough usage, too many new accounts. They asked me about late payments in 2007 and the disputed information on my CR that I am challenging. I am very disappointed in chase even though I paid my car loan through them from back in 2012-2016 with excellent payment history. Very picky and sensitive lender; I'm never wasting another inquiry with them. Like they put customer is dog houses; as of today they are on my blacklist. I will take my business happily to AMEX, NFCU and PenFed.

While this post is several weeks old, I did want to remark on the part about "too many new accounts" being one of the reasons cited for your denial. There are a number of issuers - Penfed, in fact, is (or was; some recent reports indicate they've relaxed on this point) one of them - that are sensitive to a large number of new accounts acquired within too short a timeframe (as defined by them). The reason is that getting too many accounts in too short a period of time is seen by many issuers as being an indicator that the applicant may be overanxious for some reason to get as much credit as possible, which puts up red flags of possible financial problems. You didn't mention what cards you'd recently gotten, but it's well-known that getting an excessive number of store/retail cards, via the Shopping Cart Trick or otherwise, is looked upon with disfavor by many lenders.

All that being said, Chase is well-known for being VERY sensitive to baddies on your report, especially if those were incurred by you against them (for instance, they're liable to auto-deny you if you ever burned them in a BK). It's quite unusual that a lender would ask you about late payments from 10 years ago, since generally the only items that stay on your report that long are bankruptcies. However, if you incurred those late payments against Chase, I suppose it's possible they may have kept their own records. All that adds up, for me, to staying away from them, since I did burn them on a Visa in my 2014 BK and thus there's no percentage in trying them anytime in the near future at least.

Re: Amazon Visa - DENIAL?

CrankyDave — Tue, 20 Jun 2017 07:32:48 GMT

All that being said, Chase is well-known for being VERY sensitive to baddies on your report, especially if those were incurred by you against them (for instance, they're liable to auto-deny you if you ever burned them in a BK). It's quite unusual that a lender would ask you about late payments from 10 years ago, since generally the only items that stay on your report that long are bankruptcies. However, if you incurred those late payments against Chase, I suppose it's possible they may have kept their own records. All that adds up, for me, to staying away from them, since I did burn them on a Visa in my 2014 BK and thus there's no percentage in trying them anytime in the near future at least.

Man, that's a bummer to hear. I'm planning to apply for a two or three new cards in the coming months because my current three seem to have hit a ceiling in terms of growth. I'd like to get the Chase Amazon card since I shop there so often, but I kinda had a $1600 CO with them back in 2011. Not a huge amount, but it sounds like they hold a grudge.