topic Re: Chase Pre-Approval!?!? Scam!?!? in Business Credit

Chase Pre-Approval!?!? Scam!?!?

805orbust — Wed, 15 Dec 2021 03:38:45 GMT

Anyone ever heard of a pre-approval from Chase? Looks legitimate but I'm not trusting it. Thoughts? In my email today.

Re: Chase Pre-Approval!?!? Scam!?!?

coldfusion — Wed, 15 Dec 2021 02:20:21 GMT

Chase preapprovals are solid but not 100% and there are a few senarios (a BK reporting on your credit profile is a classic one) that aren't evaluated for preapprovals but which lead to an automatic denial on application.

That being said if you have a clean profile or aged derogs, you've never burned them or a FI they have acquired, and there haven't been significant changes to your report like inquires or new accounts or a big jump in utilization over the last 3 months your odds of approval are very high.

Re: Chase Pre-Approval!?!? Scam!?!?

4sallypat — Wed, 15 Dec 2021 02:39:45 GMT

Marketing offers are just that - marketing.

I get these but always get denied.

Chase does not like me at all....

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Wed, 15 Dec 2021 04:07:37 GMT

Ok cool. I had never heard of it existing/happening before. I have an S-Corp that could use a higher limit card as all it has at present is an Amex BBP at $5k. BUT, I did a 3 card dopamine-inducing app spree 1 year ago (Navy Platinum, Freedom Flex, Penfed Gold), bought the Mrs a new car in October, and got approved for Aspiration Zero, and FNBO Evergreen last week. Not looking to tick anyone off... especially Chase.

30 years ago I would have jumped without thinking but... 50's now and... Myfico 🤣

Re: Chase Pre-Approval!?!? Scam!?!?

BearsCubsOtters — Wed, 15 Dec 2021 12:12:00 GMT

As 4sallypat said, it is likely marketing.

However, as you already have a Chase card, it would be beneficial to log in and look for the black star in your offers. I am not sure where it is on mobile, but on desktop: log in, upper left-hand corner are the three bars, click, a menu opens and towards the bottom it says "Just for you." If there is a black star there or when you click it there is a black star and a picture of Ink Unlimited, you may actually be pre-approved with a good chance at approval.

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Wed, 15 Dec 2021 14:00:02 GMT

@BearsCubsOtters very cool. Will do. Thanks for the tip!

Re: Chase Pre-Approval!?!? Scam!?!?

SouthJamaica — Thu, 16 Dec 2021 04:39:38 GMT

@805orbust wrote:
Anyone ever heard of a pre-approval from Chase? Looks legitimate but I'm not trusting it. Thoughts? In my email today.

Yes I have heard of preapprovals from Chase.

They are legitimate.

No guarantees but chances of approval are definitely improved.

If you have a Chase account you can check online under the "Just for You" link, to see what preapprovals you have at any given moment.

Re: Chase Pre-Approval!?!? Scam!?!?

M_Smart007 — Wed, 15 Dec 2021 16:21:57 GMT

@805orbust wrote:
Anyone ever heard of a pre-approval from Chase? Looks legitimate but I'm not trusting it. Thoughts? In my email today.

@805orbust, Congrats on your offer!

You have been given great advice by other forum members

One thing I would like to add, "IF" at all possible, go into a physical Chase branch,

and speak to a "Business relations manager" .. they seem to be able to get the impossible done at times.

Just my .02 cents.

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Thu, 16 Dec 2021 04:40:21 GMT

Ok @BearsCubsOtters @SouthJamaica @M_Smart007 , looks like I found it online with my laptop. So this is legit/what y'all were referring to

Re: Chase Pre-Approval!?!? Scam!?!?

M_Smart007 — Thu, 16 Dec 2021 03:24:10 GMT

@805orbust wrote:
Ok @BearsCubsOtters @SouthJamaica @M_Smart007 , looks like I found it online with my laptop. So this is legit/what y'all were referring to

@805orbust, Yes ... Those are pretty solid offers!

Re: Chase Pre-Approval!?!? Scam!?!?

SouthJamaica — Thu, 16 Dec 2021 04:41:18 GMT

@805orbust wrote:
Ok @BearsCubsOtters @SouthJamaica @M_Smart007 , looks like I found it online with my laptop. So this is legit/what y'all were referring to

Yep. It's legit

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Thu, 16 Dec 2021 03:50:33 GMT

Niiiiice... straight from the 2 members I trust most. Shhhh That's awesome... think ima jump. Keep you posted.

Re: Chase Pre-Approval!?!? Scam!?!?

SG43 — Sat, 18 Dec 2021 13:48:08 GMT

That's super interesting. I just got the same email two days ago. I've never had an ink marketing email, until that one. Which is about two weeks after an approval for my first ink card!

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Sat, 18 Dec 2021 17:06:52 GMT

I definitely agree with you @SG43. I didn't think it existed.

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Sat, 18 Dec 2021 18:03:36 GMT

Ok, applied online, instant approval for $50,000. Not too shabby. You guys ROCK!!! I literally thought it was BS at first. Thanks as always.

@M_Smart007 @SouthJamaica @BearsCubsOtters @4sallypat @SG43

Re: Chase Pre-Approval!?!? Scam!?!?

SouthJamaica — Sat, 18 Dec 2021 18:17:52 GMT

@805orbust wrote:
Ok, applied online, instant approval for $50,000. Not too shabby. You guys ROCK!!! I literally thought it was BS at first. Thanks as always.
@M_Smart007 @SouthJamaica @BearsCubsOtters @4sallypat @SG43

Wow. I'm envious

Re: Chase Pre-Approval!?!? Scam!?!?

BearsCubsOtters — Sat, 18 Dec 2021 18:21:50 GMT

@805orbust wrote:
Ok, applied online, instant approval for $50,000. Not too shabby. You guys ROCK!!! I literally thought it was BS at first. Thanks as always.
@M_Smart007 @SouthJamaica @BearsCubsOtters @4sallypat @SG43

That's awesome! 805....Ventura County or FICO score?

$50K...Chase really likes you!

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Sat, 18 Dec 2021 18:36:25 GMT

@BearsCubsOtters The score... however, once I figured out from everyone here that it doesn't really matter past 750 or so I stopped caring so much, but in 2022 for sure. It's just a utilization thing at this point. I'm at 17% on my personal stuff.

@SouthJamaica I'm screenshotting and framing your response! I remember back in the day staring at your signature when your limits totalled around $300,000!!! You are hardcore!!

I'm done for a GOOD, LONG, WHILE with new credit Now if we just had a therapy section of the board I'd be good...

Re: Chase Pre-Approval!?!? Scam!?!?

GApeachy — Sat, 18 Dec 2021 19:06:38 GMT

@805orbust wrote:
Ok, applied online, instant approval for $50,000. Not too shabby. You guys ROCK!!! I literally thought it was BS at first. Thanks as always.
@M_Smart007 @SouthJamaica @BearsCubsOtters @4sallypat @SG43

Lol! Good Lawdy, $50k! I've been checking all morning to see if you were gonna for it....h3ll no, not "too shabby" at all! I'm doing a happy dance for ya! ....glad you listened to these ^^^^ guys.

Re: Chase Pre-Approval!?!? Scam!?!?

805orbust — Sat, 18 Dec 2021 20:11:49 GMT

@GApeachy I was TOTALLY happy dancing too! Honestly I wasn't gonna do it. Inquiries, and the reasons I formerly mentioned, but being told about the "solid-ness" 😆 of a Chase pre-approval AND needing a card for that SCorp that reports everywhere (as opposed to the one place that Amex reports) and I just had to jump!!