topic Re: Chase Disney Approval, low cl in Credit Cards

Chase Disney Approval, low cl - Recon?

Rissa8 — Tue, 09 Jun 2015 23:31:57 GMT

I decided to go for the Chase Disney Rewards since we usually do a Disney vaca every other year. I was approved for $500, but the online approval said once I received my card, I could discuss a higher limit once I activated. Has anyone else received a message like this and have you had any luck getting an increase?

500 would be my lowest limit of all my cards and really was not expecting it.

(Mod edit to title to better reflect topic - SE)

Re: Chase Disney Approval, low cl

Anonymous — Tue, 09 Jun 2015 01:48:43 GMT

congrats, expect another HP maybe

Re: Chase Disney Approval, low cl

Anonymous — Tue, 09 Jun 2015 01:56:37 GMT

Chase will be a HP. In terms of an increase, if Chase started you out with $500 then they probably aren't going to go dramatically higher, as they are not known for generous CLIs as other providers like Amex are. A small increase isn't out of the question but I would not expect anything big. Perhaps not worth the HP.

Re: Chase Disney Approval, low cl

Anonymous — Tue, 09 Jun 2015 05:31:23 GMT

@Rissa8 wrote:
I decided to go for the Chase Disney Rewards since we usually do a Disney vaca every other year. I was approved for $500, but the online approval said once I received my card, I could discuss a higher limit once I activated. Has anyone else received a message like this and have you had any luck getting an increase?

500 would be my lowest limit of all my cards and really was not expecting it.

I believe this type of language ( I could discuss a higher limit once I activated) is pretty standard for all Chase cards. When people get their CSP, they are asked if the limit is enough. And, as others have said, you can indeed request a CLI, but it will be an HP and unlikely to be greatly more than what they already decided was the right amount

Re: Chase Disney Approval, low cl

tonyjones — Tue, 09 Jun 2015 05:34:21 GMT

Chase is HP happy and they'll give you barely any increase. I started out with Chase Amazon Visa at $500 too, cost me a HP 9 months later to be increased to $2500. I'm not even going to bother anymore. I wouldn't either if I was you.

Re: Chase Disney Approval, low cl

Anonymous — Tue, 09 Jun 2015 12:29:15 GMT

That is indeed a very small limit. As others have said, to get an increase it will be another hardpull.

Re: Chase Disney Approval, low cl

kdm31091 — Tue, 09 Jun 2015 13:43:05 GMT

You will take another HP like everyone says and it will almost definitely not be rewarded. You may get another $500 maybe. Sadly, that kind of approval usually means your application was "borderline" in Chase's eyes and they threw you a bone with approval but you aren't likely to get a huge increase anytime soon (if ever, since it's Chase).

It's disapppointing but all you can do is use the card responsibly and if you want a CLI maybe try in at least 3 months preferably 6. Then your HP could possibly be more worthwhile. As it stands now I would not ask for a CLI. Not worth it.

Re: Chase Disney Approval, low cl

Anonymous — Tue, 09 Jun 2015 13:56:25 GMT

I got this card with a really low limit too. Actually apped for the premier and they gave me the regular one. I never asked for CLI but once I apped for another Chase card 5 months later and it was a Visa Sig.

Re: Chase Disney Approval, low cl

alexl22 — Tue, 09 Jun 2015 14:28:37 GMT

My first chase card was a freedom with a 500 limit back in October, apped for this card last month after showing chase i can handle credit properly and 5k visa sig. Also this is with all the credit I possess being opened up in the last 2 years, which makes me scratch my head as Chase is giving out these denided messages with too many accounts in the past 2 years.

Re: Chase Disney Approval, low cl

Rissa8 — Tue, 09 Jun 2015 17:22:10 GMT

Thanks everyone for the info. I have to say I'm really disappointed. Definitely do not want to waste the HP so I guess I will wait it out 6months.

Re: Chase Disney Approval, low cl

kdm31091 — Tue, 09 Jun 2015 17:25:19 GMT

@Rissa8 wrote:
Thanks everyone for the info. I have to say I'm really disappointed. Definitely do not want to waste the HP so I guess I will wait it out 6months.

It is lame. I hate Chase's wording when you are approved -- "call to discuss a higher limit". You can always call and discuss it. Every day if you want. But the wording suggests it is a simple process when it's not. You have to take a HP and are unlikely to have success right after approval so I have no idea why they include that line.

Re: Chase Disney Approval, low cl

Closingracer99 — Tue, 09 Jun 2015 23:00:25 GMT

If you really want a higher limit and want to waste a HP I would app for a visa soggy card like the CSP or Marriott cards. There is others as well. The minimum limit would be $5,000 and you can move most of the limit to the Disney card and cancel it or wait a few months and move the rest over

Re: Chase Disney Approval, low cl

kdm31091 — Thu, 11 Jun 2015 10:46:25 GMT

@Closingracer99 wrote:
If you really want a higher limit and want to waste a HP I would app for a visa soggy card like the CSP or Marriott cards. There is others as well. The minimum limit would be $5,000 and you can move most of the limit to the Disney card and cancel it or wait a few months and move the rest over

If OP just got approved for $500 for a Disney I'm not sure that a CSP or Marriott approval is going to happen.