topic Re: Applied for Chase Ink in Business Credit

Applied for Chase Ink

Red1Blue — Sat, 26 Dec 2009 00:04:23 GMT

I applied for Chase Ink card and got 15 days message. Let us see what happens in the next few days. Is 15 day message with Chase an automatic decline?

Re: Applied for Chase Ink

Creditaddict — Mon, 28 Dec 2009 20:26:16 GMT

My mother was declined because she got Zappos the month before, We are waiting for Zappos to hit 6 months old and re-applying. I would love to replace the Amex Charge with Ink Bold.

Re: Applied for Chase Ink

Red1Blue — Thu, 31 Dec 2009 21:55:35 GMT

Got Letter from Chase today stating my app is declined. They are tough one to get. Any idea what Chase might be looking for a Business Card?

Re: Applied for Chase Ink

Creditaddict — Thu, 31 Dec 2009 23:00:44 GMT

I would call the backdoor number and then get transferred over to the ink underwriting and talk with them. they have special underwriters just for the ink card.

Re: Applied for Chase Ink

Creditaddict — Wed, 20 Jan 2010 20:43:27 GMT

we just applied again, I'll keep you posted, I hope we have cleared the 6 month mark now on the zappos card, not sure

Re: Applied for Chase Ink

Creditaddict — Thu, 28 Jan 2010 01:24:17 GMT

and Declined again. Will keep you posted after talking to credit in morning

Re: Applied for Chase Ink

Creditaddict — Wed, 03 Feb 2010 05:57:56 GMT

in my opinion if they want to compete with American Express with this thing, they need to learn what it means to be a charge card and approve accordingly

Re: Applied for Chase Ink

Anonymous — Wed, 03 Feb 2010 14:05:24 GMT

was declined last month for 'too many inquiries'. ok, Chase.

Re: Applied for Chase Ink

Anonymous — Tue, 09 Feb 2010 12:46:15 GMT

Applied and declined myself. Got declined for "Too many accounts with high balances". The only thing reporting a balance on my cr is my mortgage and my car payment. I have 9 credit card accounts all reporting zero owed.

I should have just applied for Amex, but figured getting a visa would be accepted more places. Then again it is Chase which sucks to begin with.

Re: Applied for Chase Ink

Creditaddict — Tue, 09 Feb 2010 18:23:44 GMT

@Anonymous wrote:
Applied and declined myself. Got declined for "Too many accounts with high balances". The only thing reporting a balance on my cr is my mortgage and my car payment. I have 9 credit card accounts all reporting zero owed.

I should have just applied for Amex, but figured getting a visa would be accepted more places. Then again it is Chase which sucks to begin with.
have you tried recon yet? they have a underwriting department just for ink.

Re: Applied for Chase Ink

Creditaddict — Tue, 09 Feb 2010 21:49:29 GMT

so today while at Chase banking, I see Chase Business 10 Billion in NEW Lending! Am I missing something because I have not heard of anyone in the last 6 months getting approved for any Business Products and they won't let you product change a Personal account so what gives

Re: Applied for Chase Ink

Anonymous — Wed, 10 Feb 2010 12:46:38 GMT

@Creditaddict wrote:
@Anonymous wrote:
Applied and declined myself. Got declined for "Too many accounts with high balances". The only thing reporting a balance on my cr is my mortgage and my car payment. I have 9 credit card accounts all reporting zero owed.

I should have just applied for Amex, but figured getting a visa would be accepted more places. Then again it is Chase which sucks to begin with.
have you tried recon yet? they have a underwriting department just for ink.

No I haven't. What is the number for the recon with ink? I've seen it mentioned but no number for this particular department was ever given.

Re: Applied for Chase Ink

Creditaddict — Wed, 10 Feb 2010 16:17:42 GMT

there is a number that's on the decline letter, ask to speak to an underwriter from there... they kind of confused me because the lady that answered started asking me questions and talking about the decline and I thought she was the underwriter but she wasn't but she can transfer you to them... just make sure someone tells you thats there title before you get to detailed or your just wasting your time with someone with no power

Re: Applied for Chase Ink

Anonymous — Tue, 16 Feb 2010 17:31:49 GMT

Called the number and spoke with a woman who was very rude. Made me answer all these questions and offered me a card with a limit that was beyond ridiculously low. Credit line was less than what I have with them on my personal cards. I told her to shove it.

I did get an answer as to my high credit balances. She said at the time when they pulled my report I had some credit cards reporting that totaled a whopping $300.00 and they considered that high usage.

IMO after speaking with them they have no intention of issuing these cards and it is all for show in saying they are trying to extend credit to small businesses.

Re: Applied for Chase Ink

Anonymous — Sun, 21 Feb 2010 16:34:57 GMT

@Creditaddict wrote:
so today while at Chase banking, I see Chase Business 10 Billion in NEW Lending! Am I missing something because I have not heard of anyone in the last 6 months getting approved for any Business Products and they won't let you product change a Personal account so what gives

eh. sounds like funny accounting. having worked in companies big and small that engaged in creative bookkeeping for the press (when negative stuff was coming down, to make the problem 'disappear') and shareholders (to make the company look healthier than it actually was)....... I wouldn't put it past them.

And FLDean, you may be right. Then again you were able to get a recon, even if it was for a ridiculously low amount for your company. Were you under the magic 'three inquiries' cut off point for automatic live underwriter declines?