topic Re: Question about CSP App in Credit Cards

Question about CSP App

Anonymous — Sat, 21 Nov 2015 03:47:35 GMT

Wife and I have both been working on our credit quite a bit over the past 14 months and it has paid off big time. We close on our first house next week. We have been avoiding applying for new credit for past few months until after house closes and some good offers have been making that difficult. She recieved a mail offer for Chase Sapphire Preferred which has been a target for awhile so planning to apply after we close next week.

My question is the mailer offers bonus of 40k but website offers 50k. Would using one or the other have any effect on chance of approval or starting CL.? I would like the 50k bonus but also want to get highest limit possible. Does it make a difference which offer we use?

Currently Wife has-

Freedom- $6600 CL

Discover IT $16,900

Venture $15,750

etc

Hoping for a CL similar to Discover or Venture.

Thanks!

Re: Question about CSP App

myjourney — Sat, 21 Nov 2015 03:51:49 GMT

Check the online pre-approval and if it gives you the card apply

The other good news is Chase will honor current promos if she uses the mail offer

Congrats on the new home

Re: Question about CSP App

FinStar — Sat, 21 Nov 2015 03:52:45 GMT

@Anonymous wrote:
Wife and I have both been working on our credit quite a bit over the past 14 months and it has paid off big time. We close on our first house next week. We have been avoiding applying for new credit for past few months until after house closes and some good offers have been making that difficult. She recieved a mail offer for Chase Sapphire Preferred which has been a target for awhile so planning to apply after we close next week.

My question is the mailer offers bonus of 40k but website offers 50k. Would using one or the other have any effect on chance of approval or starting CL.? I would like the 50k bonus but also want to get highest limit possible. Does it make a difference which offer we use?

Currently Wife has-
Freedom- $6600 CL
Discover IT $16,900
Venture $15,750
etc
Hoping for a CL similar to Discover or Venture.

Thanks!

IMO, I would do the one online for 50K. Do the pre-qualification online 1st though since I'm pretty sure it will pop-up. If the CSP shows as one of those as pre-approved, then just submit it that way to get the 50K. Congrats on the new home btw!

Re: Question about CSP App

FinStar — Sat, 21 Nov 2015 03:53:54 GMT

@myjourney wrote:
Check the online pre-approval and if it gives you the card apply
The other good news is Chase will honor current promos if she uses the mail offer
Congrats on the new home

You were quick mj! Great minds think alike

Re: Question about CSP App

myjourney — Sat, 21 Nov 2015 03:59:09 GMT

@FinStar wrote:
@myjourney wrote:
Check the online pre-approval and if it gives you the card apply
The other good news is Chase will honor current promos if she uses the mail offer
Congrats on the new home
You were quick mj! Great minds think alike

This time I was rare tho Lol

Re: Question about CSP App

Anonymous — Sat, 21 Nov 2015 04:14:51 GMT

Thanks for the advice! Looking forward to getting out of our rental!

Re: Question about CSP App

tntexans72 — Sat, 21 Nov 2015 04:37:26 GMT

Wait a little longer, after your house closed they are going to bombard you with a lot of CC offers. You will be approved for pretty much anything you want.

Re: Question about CSP App

takeshi74 — Sat, 21 Nov 2015 14:11:26 GMT

@Anonymous wrote:
My question is the mailer offers bonus of 40k but website offers 50k. Would using one or the other have any effect on chance of approval or starting CL.?

No. The sign up offer does not change one's credit profile or income.