topic Re: How long before Chase applications? in Credit Card Applications

How long before Chase applications?

Anonymous — Fri, 14 Sep 2018 19:10:46 GMT

I’m at 2/24. Citi DC back in Feb, and just got the CSP 10 days ago. Was gonna wait 3 months to make sure I got the min spend taken care of, but hit some big expenses and will be at the $4k the first month. I’m paying it off every week.

I’d like to get a freedom or FU to use for expenses other than travel and dining asap since I’d like to not use the Sapphire for them once I’m past the Min spend requirement.

I bank with chase. And my account showed me prequalified for CSP, both freedoms a week ago. But now it says “we have no offers for you at this time”. Likely because their system just updated for the new card.

Should I wait a few months. Or give it a go?

Re: How long before Chase applications?

NaaryalHead — Fri, 14 Sep 2018 23:26:34 GMT

If you don't see any offers from Chase, I think the safest route would be to wait a couple months at least.

I got a Chase card two months ago and Im not poking them again until a good 6 months pass.

Of course it'll also depend on your file,... Income etc

Re: How long before Chase applications?

TyRacing — Sat, 15 Sep 2018 17:21:28 GMT

received and still have 2 offers (on chase website under "Your Offer/s") for the CSP & CSR. after 3months of opening my freedom card, and using it but paying in to lower the utilization to 1% before each statement closing date.

Re: How long before Chase applications?

Anonymous — Sat, 15 Sep 2018 21:01:32 GMT

Go for one of them now. I know some people like to be conservative but I got the Freedom and Freedom Unlimited the same day, the Ink Cash a month and a half later, the CSP, 3 months later, and the AARP 3 months after that. That's 5 cards in 8 months total with 3 in 6 weeks.

Re: How long before Chase applications?

Anonymous — Sun, 16 Sep 2018 03:15:38 GMT

I’d like to apply now. Just wondering if going from 5 pre qualified offers to zero is an indication that Chase’s system will just auto decline me until this new account ages a bit.

Re: How long before Chase applications?

kshurika — Sun, 16 Sep 2018 03:29:21 GMT

I had a load of green check offers on my page. After I applied for and got my CSP at a Chase branch with a very good SL, all the other offers vanished and have stayed that way for the last 5 months. I don't mind, because I'm in the garden. But, if your numbers, your AAoA, your utilization, your income and your lack of derogs are all good, there's no reason you can't apply for another card. Remember, there's going to be a sure HP.

Re: How long before Chase applications?

Anonymous — Sun, 16 Sep 2018 15:35:42 GMT

I applied for the Chase Freedom and was approved with a $2,800 CL. I applied for the Chase Freedom unlimited on the same day and was denied. Reason they said was bc I had opened too many new accounts in the last 6 months. I actually did! So I know I need to wait longer before applying for any other Chase card.

Re: How long before Chase applications?

Anonymous — Sun, 16 Sep 2018 15:48:45 GMT

@Anonymous wrote:
I’m at 2/24. Citi DC back in Feb, and just got the CSP 10 days ago. Was gonna wait 3 months to make sure I got the min spend taken care of, but hit some big expenses and will be at the $4k the first month. I’m paying it off every week.

I’d like to get a freedom or FU to use for expenses other than travel and dining asap since I’d like to not use the Sapphire for them once I’m past the Min spend requirement.

I bank with chase. And my account showed me prequalified for CSP, both freedoms a week ago. But now it says “we have no offers for you at this time”. Likely because their system just updated for the new card.

Should I wait a few months. Or give it a go?

Once you use a Chase offer, you will have to wait 6 months before other offers become available. You can always submit an application without a pre-approval although Chase has a rule that they wouldn't approve more than 2 personal cards in a 30-day period, and quite often they limit approvals to 1 card in a 30-day period depending on your credit profile.

Re: How long before Chase applications?

sjt — Sun, 16 Sep 2018 17:03:07 GMT

@Anonymous wrote:
I’m at 2/24. Citi DC back in Feb, and just got the CSP 10 days ago. Was gonna wait 3 months to make sure I got the min spend taken care of, but hit some big expenses and will be at the $4k the first month. I’m paying it off every week.

I’d like to get a freedom or FU to use for expenses other than travel and dining asap since I’d like to not use the Sapphire for them once I’m past the Min spend requirement.

I bank with chase. And my account showed me prequalified for CSP, both freedoms a week ago. But now it says “we have no offers for you at this time”. Likely because their system just updated for the new card.

Should I wait a few months. Or give it a go?

I would definietly wait until you bring the balance down (better yet pay off) the CSP before you apply for another Chase card. Chase has been known to AA new accounts and the fact that you are putting $4k on the card could make them nervous. Applying for another Chase card will add to the nervousness.

Re: How long before Chase applications?

Anonymous — Sun, 16 Sep 2018 23:58:40 GMT

Well I'm paying off the $4k min spend as I go. So not really carrying a balance at all. And I have a good sized bank account with them equal to many times the CL on my cards. So I don't imagine they'd be too worried. But it is my first card with them, so they may want to see some history to this current card.

I'm just impatient and want the trifecta now! lol

Re: How long before Chase applications?

MrPSS — Mon, 17 Sep 2018 04:06:58 GMT

Congrats on the approval for the CSP!! What’s your SL?
Also, what does it mean when sjt said that Chase has been known to AA new accounts?

Re: How long before Chase applications?

sjt — Mon, 17 Sep 2018 07:33:15 GMT

@MrPSS wrote:
Congrats on the approval for the CSP!! What’s your SL?
Also, what does it mean when sjt said that Chase has been known to AA new accounts?

AA is Adverse Action, which means when a creditor closes or reduces CL based on a periodic review of the cardholder's credit report. Chase regularly reviews credit (SP) and if they see certain types of activity like a lot of new accounts or increased balances they have been known to shut down accounts.

Re: How long before Chase applications?

sjt — Mon, 17 Sep 2018 07:34:43 GMT

@Anonymous wrote:
Well I'm paying off the $4k min spend as I go. So not really carrying a balance at all. And I have a good sized bank account with them equal to many times the CL on my cards. So I don't imagine they'd be too worried. But it is my first card with them, so they may want to see some history to this current card.

I'm just impatient and want the trifecta now! lol

I would still wait a few months before you apply.