topic Re: Chase Ink Plus Application Message in Business Credit

Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 00:48:38 GMT

This good or bad?

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 00:51:32 GMT

Not good or bad, but not an instant denial either.

Call the status line and tell us what robo lady says. 800-432-3117, hit #, then 3, then 1, enter your SSN and she will tell you more, possibly.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 00:53:29 GMT

Reviewed, 7-10 day message...welp, looks like denial for me lol

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 01:02:22 GMT

@Anonymous wrote:
Not good or bad, but not an instant denial either.

Call the status line and tell us what robo lady says. 800-432-3117, hit #, then 3, then 1, enter your SSN and she will tell you more, possibly.

Pretty standard. I actually see very few instant approvals from what I have read on the board. Most are what you posted. You should get an e-mail that says basically the same. Call the status line. Most people say that if you get the "2 weeks" message, sit tight. Usually means under review. If its 7-10 days, tends to be a denial/needs verification. You will get a letter telling you which it is. Once you get the letter, gather your info - EIN letter from IRS, last two years revenue, this year's projections and be prepared to answer a few questions. See what tey need. Best of luck!

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 01:08:12 GMT

Business is a legit sole proprietor business. I applied with my EIN, I also have my schedule C, 1099's, etc from 2015. I have 5 cards with Chase, banked with them since 2006 with checking and savings, 770 EX 739 TU and 723 EQ...hoping its verification. Thanks for the help!

Re: Chase Ink Plus Application Message

jsucool76 — Tue, 31 May 2016 01:40:20 GMT

If you applied with an EIN they may require verification.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 01:49:14 GMT

What kind of verification?

Re: Chase Ink Plus Application Message

jsucool76 — Tue, 31 May 2016 01:50:41 GMT

I know at least one person was asked for an ss4

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 01:53:25 GMT

@Anonymous wrote:
Reviewed, 7-10 day message...welp, looks like denial for me lol

might be verification too - they actually called me a few days later (missed the call). I called back, and all they asked was if I actually applied for the Ink, had me verify a code via text message, and said everything looks good and I should receive the card or a letter within 3-5 days.

That was early last week though, just prior to robo lady changing her tone to "under review, 7-10 business days" nonsense...

Re: Chase Ink Plus Application Message

Creditplz — Tue, 31 May 2016 02:32:29 GMT

Remember Inks are now subject to 5/24.. That message is standard.. It's all about automated line, 7-10 is typically a denial.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 03:18:44 GMT

@Creditplz wrote:
Remember Inks are now subject to 5/24.. That message is standard.. It's all about automated line, 7-10 is typically a denial.

Probably denied then. I am at 6/24. 4 of those with Chase.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 03:33:10 GMT

It also supposedly depends on when you submitted the application. Before May 22 should be fine... Should...

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 03:37:19 GMT

Applied tonight...forgot about the 5/24 and really wanted this to help better separate business/personal expenses. However, I have seen some data points on others getting approved for CSP well over 5/24 in the past few days, instant approvals too. Hope is minimal, but I'll keep fingers crossed.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 04:52:29 GMT

@Creditplz wrote:
Remember Inks are now subject to 5/24.. That message is standard.. It's all about automated line, 7-10 is typically a denial.

Is 5/24 actually happening to people on the ink now? It must be recent. I got 7-10 for an address verrification.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 04:55:29 GMT

When did you apply/approval date?

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 06:04:53 GMT

@Anonymous wrote:
When did you apply/approval date?

Me? I think it was May 12th or so, but I wasn't 5/24. I just hadn't heard anything about this rule kicking in for hte ink yet.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 16:09:36 GMT

Called verification this morning, they asked if I appied for the card and some brief questions. Placed on hold for 2 minutes and was offered to be transferred to lending, I respectfully declined. Looks like I'll be waiting this one out...

Edit: Caved and called recon - declined specifically for "too many accounts opened in the last 24 months" and it is not an option for reconsideration.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 17:17:44 GMT

@Anonymous wrote:
Called verification this morning, they asked if I appied for the card and some brief questions. Placed on hold for 2 minutes and was offered to be transferred to lending, I respectfully declined. Looks like I'll be waiting this one out...

Edit: Caved and called recon - declined specifically for "too many accounts opened in the last 24 months" and it is not an option for reconsideration.

That stinks! Looks like 5/24 has tken effect for the Biz cards for sure.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 22:46:18 GMT

The 5/24 rule went in to effect for co-branded and biz cards on, are you ready? 5/24.

Re: Chase Ink Plus Application Message

Anonymous — Tue, 31 May 2016 23:46:41 GMT

@Anonymous wrote:
The 5/24 rule went in to effect for co-branded and biz cards on, are you ready? 5/24.

Just got my "5/24'd" letter today, and my application was submitted on 5/18 so I guess they got a head start on it and even made me wait 2 weeks to find out

For kicks I checked the automated status line and it still says 7-10.