topic CSP for Student in Credit Card Applications

CSP for Student

Anonymous — Fri, 15 Dec 2017 04:14:27 GMT

So, I've been looking into getting another CC since I am moving to Chicago for next semester. I've been eyeing the CSP for some time but this would be the first time that it is feasible for me to get. Not sure if I would be approved with it but I do have a little bit of credit history with chase. I'm a 20 yo college student, but I'll be working full time in the winter. Here my profile so far, do you think I'd have any issues going for the CSP?

Income: 40k

AAoA: 1yr 2 mo

Util: 12% (but I just paid my Chase to 0 from 19% so idk if they can see that, does chase still do 0-bal report?) I charge a decent amount but always PIF on all my cards

CK: EX 736, TU 734

Freedom Unlimited - Jan 2017 $2500 SL, auto-CLI to 3.5k in April

BofA Cash Rewards - Jan 2017 $1200 SL

Old Navy Card - June 2016, $400SL, CLI to 6k in Feb

Federal Stafford Loans:

Sep 2015, $5500

Sep 2016, $6500

Sep 2017, $3750

Other than that, just looking to get the CSP because I can make the 50k bonus and I the 2x on dining and travel would be nice with my FU. Just don't know if my loans stand in the way.. they're payment deferred until Jan 2020 because I'm in school. Any advice is great, I've seen a few other college kids get the CSP.

Re: CSP for Student

Anonymous — Fri, 15 Dec 2017 04:24:35 GMT

I just got burned by Chase so I may be a little biased but have you looked at the Uber? It seems like a really great contender on the same categories and I always figured CSP was better when you had a feeder card for UR's.

Uber is 4% dining 3% hotel and air 2% for online and 1% all other. NO AF! seems pretty sweet if the CSP falls through. Also consider if you have history with chase prequaling or waiting for them to prequal you with a green check under "your offers". For most they seems pretty solid..

Re: CSP for Student

SouthJamaica — Fri, 15 Dec 2017 04:24:55 GMT

@Anonymous wrote:
So, I've been looking into getting another CC since I am moving to Chicago for next semester. I've been eyeing the CSP for some time but this would be the first time that it is feasible for me to get. Not sure if I would be approved with it but I do have a little bit of credit history with chase. I'm a 20 yo college student, but I'll be working full time in the winter. Here my profile so far, do you think I'd have any issues going for the CSP?

Income: 40k
AAoA: 1yr 2 mo
Util: 12% (but I just paid my Chase to 0 from 19% so idk if they can see that, does chase still do 0-bal report?) I charge a decent amount but always PIF on all my cards
CK: EX 736, TU 734

Freedom Unlimited - Jan 2017 $2500 SL, auto-CLI to 3.5k in April
BofA Cash Rewards - Jan 2017 $1200 SL
Old Navy Card - June 2016, $400SL, CLI to 6k in Feb

Federal Stafford Loans:
Sep 2015, $5500
Sep 2016, $6500
Sep 2017, $3750

Other than that, just looking to get the CSP because I can make the 50k bonus and I the 2x on dining and travel would be nice with my FU. Just don't know if my loans stand in the way.. they're payment deferred until Jan 2020 because I'm in school. Any advice is great, I've seen a few other college kids get the CSP.

My guess is that it's too soon for that particular card, but Chase's prequalifications are considered pretty solid, so you can check the site, see if you're prequalified, and if you are, I guess you could go for it. But beware ... Chase often double pulls.

Re: CSP for Student

Anonymous — Fri, 15 Dec 2017 04:39:36 GMT

Yeah, they double pulled on my FU card. But definitely worth it so far.

Re: CSP for Student

simplynoir — Fri, 15 Dec 2017 05:35:21 GMT

I think your stats clear all the hurdles assuming there are no negatives on your credit report. Have you checked to see if you got any offers for the CSP on your offers page on your online account?

Re: CSP for Student

Anonymous — Fri, 15 Dec 2017 12:21:18 GMT

Likely approved for CSP. I'd do it. Income and everything else is fine.

Re: CSP for Student

Anonymous — Fri, 15 Dec 2017 14:14:13 GMT

Personally I would go for it. You're young so don't worry about a HP

Re: CSP for Student

Anonymous — Fri, 15 Dec 2017 15:07:04 GMT

No baddies or anything on my file either, but unfortunately not preapproved for anything Chase. It’s a shame because I’m preapproved for Amex Everyday, BC, and BCP but they’re not as alluring to me even with the extra bonus they’re offering. Really want to keep my UR points and transfer the 25k I have.

Re: CSP for Student

Anonymous — Fri, 15 Dec 2017 15:10:18 GMT

You'll be approved, go for it.

Re: CSP for Student

Anonymous — Sat, 16 Dec 2017 02:45:35 GMT

Bit the bullet and applied today.. they pulled my TU and gave me the 30 day message.. phone line says 30 days. Ugh. Same deal with my FU. Last time the lady said since I’m under 21 I’ll have to sign and return papers to Chase to verify myself, but 2 days later they just approved me without having to do anything. We will see...

Re: CSP for Student

Anonymous — Sat, 16 Dec 2017 03:02:53 GMT

Exact same thing happened to me to a T and also another person who app'ed under 21 on this form. Same timeline and messages too.

Re: CSP for Student

Anonymous — Sun, 17 Dec 2017 18:31:59 GMT

Called the app hotline this morning and she said I was approved! Checked my Chase app and there it was, approved for $7500 which is my largest limit. Very happy, didn't have to verify or anything. Called to see if I could expedite the card and it's coming in 1-2 business days. Definitely will be a nice card along with my FU to earn some points.

Re: CSP for Student

Anonymous — Mon, 18 Dec 2017 22:49:18 GMT

Congrats!

I also app'd for CSP on 12-15-17 and got the 30 day message. I wonder if this is any indication that I would likely know about an approval/denial very soon...

I have had my Freedom with them since about March of this year and the CSP came up under my "Your Offers" with the green checkmark. We shall see. As of a couple minutes ago, I'm still getting the "You'll be notified in writing within 30 days of receiving your application" message.

Part of me wants to call, but I have read pretty consistently over the weekend that a lot of people recommend just "letting it ride out". Ugh. I have zero patience haha.

Re: CSP for Student

Anonymous — Tue, 19 Dec 2017 05:22:21 GMT

If it means anything, I called BOTH times, and spoke to people at two different numbers from Chase. Approved both times for FU and CSP. First lady said “its too early to see, you’ll just have to wait”, second one at the other number asked me some info about my other accounts with chase and then said I’d would have to wait for the letter in the mail and sign and return it to a T, since I’m under 21.

Good news is MyUPS says my card is coming tomorrow, didn’t have to do a thing!

Re: CSP for Student

Anonymous — Tue, 19 Dec 2017 20:03:29 GMT

Congrats on your approval!

I also pulled the trigger on 12/17, but applied for the CSR and got the 30 day message. I applied at the branch because the banker told me I was pre-qualified for the CSR. Don’t have any Chase cards, but a 6 y/o checking account. One 1.5x y/o (BofA Cashrewards $1600 CL). TU 734, EX 734, FICO 778. Called in this morning and the automated machine says still 30 days. Getting really anxious to call, but don’t want to seem desperate.