topic Re: Chase Starbucks visa in Bankruptcy

Chase Starbucks visa

Anonymous — Sat, 23 Jun 2018 17:11:41 GMT

I kept getting emails about the chase Starbucks Visa card, but I’m only 8, almost 9 months post ch7. I know chase is a minimum of 5 years before they can approved, but I took a chance and app’d For it. Is it normal that it wouldn’t be denied immediately? The response was they needed to review my account first and the process takes 30 days.

Has anyone seen this before with chase?

Re: Chase Starbucks visa

pipeguy — Sun, 24 Jun 2018 00:16:10 GMT

@Anonymous wrote:
I kept getting emails about the chase Starbucks Visa card, but I’m only 8, almost 9 months post ch7. I know chase is a minimum of 5 years before they can approved, but I took a chance and app’d For it. Is it normal that it wouldn’t be denied immediately? The response was they needed to review my account first and the process takes 30 days.

Has anyone seen this before with chase?

30 days with Chase is usually a good sign (manual review of sorts) whereas the 7-10 day message is usually a decline. I don't know if I would use Chase as an avenue to rebuild, they can be a tough nut to crack on standard cards and although slightly less difficult for co-branded cards like Amazon or AARP (et al) I'm not very sold on the Starbucks card, especially with the annual fee which frankly just seems greedy.

I have a 20 oz Starbucks Coffee every day (just coffee, I'll go to an ice cream shop if that's what I'm looking for, not an ersatz Starbucks version) and yes I use the phone app and collect stars so my wife can have the earned free drinks. I just don't see any value in the Starbucks card.

I don't know where you are in your rebuilding/recovery process, but Cap-1, Discover or secured cards seems like a much better choice to rebuild (I'd avoid Credit One, First Premier, and their vulture clones).

Re: Chase Starbucks visa

Anonymous — Sat, 23 Jun 2018 23:57:12 GMT

The only cards I ultimately want are discover and navy federal. I have a secured with Navy fed. Only 3 months old. And I just gave in and got a secured discover card. I do have a high interest credit card I got right after my discharge that I plan on cancelling before it hits a year. Honestly, I don’t see value in it either, but since I kept getting emails about it, I figured I could use it to get in the door with chase. Although, I haven’t tried any other credit card with them since my discharge is only 8 months old. I tried prequal for capital one, and im still on the blacklist with them. The 2 store cards I have, I barely use. Only got them to rebuild my credit.

Re: Chase Starbucks visa

Anonymous — Mon, 25 Jun 2018 06:06:27 GMT

did you IIB Chase on your BK7?

Re: Chase Starbucks visa

matchu — Mon, 25 Jun 2018 14:43:10 GMT

You can probably call Chase (backdoor number?) and see what's going on. A lot of times the 30 days notice means they need to verify info.

Re: Chase Starbucks visa

Anonymous — Tue, 26 Jun 2018 02:04:50 GMT

No, I haven’t had a chase card before. I’m authorized user on someone’s chase card.

Re: Chase Starbucks visa

Anonymous — Tue, 03 Jul 2018 00:14:03 GMT

@Anonymous wrote:
No, I haven’t had a chase card before. I’m authorized user on someone’s chase card.

Did you get approved?

Re: Chase Starbucks visa

Anonymous — Wed, 04 Jul 2018 02:59:59 GMT

Same 30 day notice. I just checked few days ago. Nothing in the mail yet.

Re: Chase Starbucks visa

Scupra — Wed, 04 Jul 2018 06:04:47 GMT

Ride the wait out and see what happens. Like others said, 30 days is the ‘better’ response. If you get a decline, call up and try to sweet talk your way in through a recon. Good luck! Chase isn’t strict on the 5 years btw in no way easy though

Re: Chase Starbucks visa

Anonymous — Mon, 09 Jul 2018 18:07:05 GMT

hope you get approved

Re: Chase Starbucks visa

jim44 — Mon, 09 Jul 2018 21:47:04 GMT

Does your high interest rate card have an annual fee? I was approved for one after CH7 and it has helped with my AoA through the years. It does have an annual fee that I gladly paid the first few years after BK. Now I call right after the AF is added to my statement and they always remove it. Wish they would do it once and for all but they won't budge. It has a 29% apr variable which has never gone up and I never carry a balance.

Just some food for thought.

Re: Chase Starbucks visa

AverageJoesCredit — Wed, 11 Jul 2018 18:21:21 GMT

I believe in all the time the Chase Starbucks card has been out , I've only seen 2 approvals for it, and both were on same thread lol. Ever a brave soul who apps that one. Good luck on your app

Re: Chase Starbucks visa

Anonymous — Wed, 18 Jul 2018 02:18:16 GMT

@Anonymous wrote:
I kept getting emails about the chase Starbucks Visa card, but I’m only 8, almost 9 months post ch7. I know chase is a minimum of 5 years before they can approved, but I took a chance and app’d For it. Is it normal that it wouldn’t be denied immediately? The response was they needed to review my account first and the process takes 30 days.

Has anyone seen this before with chase?

Your chances for the card are low IMHO, but the fact you got the 30-day notice means that Chase is going to consider your application. As others have said, convince the UW/credit analyst why you qualify for the card. We often rant about Chase's conservativeness, but there have been cases in which Chase simply blew our minds.

Keep us posted.

Re: Chase Starbucks visa

Anonymous — Thu, 19 Jul 2018 01:44:32 GMT

After weeks of waiting, I finally got a letter stating it was denied due to insuffient credit history. Called and the lady I spoke to said that my current card is only showing 6 months. They want to see a little more payment history. Pretty much similar to what Barclaycard said for the Apple Rewards. Apparently my store cards don’t matter. Only my credit cards.

I have 3 credit cards. A high interest reflex that’s only 6 months old (closing at 11 months), navy fed secured is 5 months old, and my discover secured is new. I paid off 2 of my store cards and I have a small balance on the 3rd. I really want to close them.

Re: Chase Starbucks visa

Anonymous — Thu, 19 Jul 2018 04:02:44 GMT

@Anonymous wrote:
After weeks of waiting, I finally got a letter stating it was denied due to insuffient credit history. Called and the lady I spoke to said that my current card is only showing 6 months. They want to see a little more payment history. Pretty much similar to what Barclaycard said for the Apple Rewards. Apparently my store cards don’t matter. Only my credit cards.

I have 3 credit cards. A high interest reflex that’s only 6 months old (closing at 11 months), navy fed secured is 5 months old, and my discover secured is new. I paid off 2 of my store cards and I have a small balance on the 3rd. I really want to close them.

Thanks for the data points!

Chase usualy likes at least 1 year of history with bank-issued cards. I would garden with the Navy Fed. for 7 more months, and then apply for a Chase card.

Re: Chase Starbucks visa

Anonymous — Tue, 25 Dec 2018 14:39:38 GMT

With the $1 off every coffee shop transaction that Square's Cash App debit card offers, I don't know why anybody would even use the Starbucks Gold Stars program let alone the Starbucks credit card.

With the gold stars program, it takes 125 stars to get a free $3 drink, effectively a $62.50 spend, whereas with the Cash App debit card, every $62.50 spend would save you $31.25 instead of $3.

Re: Chase Starbucks visa

MyDataMyChoice — Tue, 25 Dec 2018 16:20:02 GMT

HowardHuze

What is Square Cash App Debit Card?

Also, the Reward Starts are best redeemed on Lunch items (boxes etc..) 125 stars = FREE ITEM (not just drink)

Re: Chase Starbucks visa

Anonymous — Mon, 25 Feb 2019 00:40:02 GMT

It's called the Cash Card issued by the Cash App (Square). It's free and has a lot of great benefits like $1 off at Chipotle, Chick-fil-A, Subway and 10% off Lyft & Whole Foods.

Re: Chase Starbucks visa

Anonymous — Thu, 29 Aug 2019 22:57:27 GMT

I'm a little over 3yrs from chap 7 bk discharge. I applied for the card and was denied. I've never had an account with chase thought I would of gotten lucky and get approved. I'm not stressing it I do have 4 cc I'm happy with. I just wanted to get a starbucks cc since I drink and eat at starbucks everyday.
Exp 670/ 2 inq
Trans 700/ 2 inq
Equifax 705/ 8 inq (apt, car, loan, 4 cc I do have)