topic Scared of Chase AA - HELP!! in Credit Cards

Scared of Chase AA - HELP!!

Cashbackjunky — Fri, 09 Jun 2017 16:39:26 GMT

I've had my eye on the CSP for a bit now and told myself I'd just go see if I was pre approved, so I spoke to a banker while I was making a withdrawal in the bank.

He said I am pre approved for the CSP.
I'm at 5/24 with being on my girlfriends Venture as an AU, but I've read that in branch pre approvals usually override the 5/24 rule.

Can anyone who's had experience with the 5/24 rule and in branch pre approvals weigh in?

Any and all input on the subject is welcome.

Thanks!
Cheers!

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 00:12:23 GMT

If you can make the spend requirement for the bonus I do not see why not. From what I have read, the 5/24 rule is usually overturned for branch pre-approvals.

Re: CSP in branch pre approval... Should I do it?

Cashbackjunky — Thu, 08 Jun 2017 00:22:05 GMT

Thanks for the reply!

Anyone else want to weigh in with first hand experience?

Cheers!

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 01:20:35 GMT

Have you checked on the Chase site for a pre-approval on the CSP?

I'd flat out ask them in-branch. Say that you know about the 5/24 rule and that if they're coming up with a pre-approval for you on the CSP, how solid is it?

I appied for the CSP in-branch last month, but I was at 4/24 so I wasn't worried about denial on the basis of the 5/24 rule. The only reason I tried in-branch as opposed to online was that I read that in-branch sometimes you can get a 70k points offer instead of just 50k (the max online). Of course, in-branch, I got just the 50k. It is what it is; mission accomplished and I got the card regardless.

Re: CSP in branch pre approval... Should I do it?

bourgogne — Thu, 08 Jun 2017 03:58:39 GMT

4 in-branch approvals all <5/24. if you can meet $300 x2 you might consider the csr as you would also probably quality for that and you would end up ahead $ wise. good luck!

Re: CSP in branch pre approval... Should I do it?

Cashbackjunky — Thu, 08 Jun 2017 14:35:31 GMT

@bourgogne wrote:
4 in-branch approvals all <5/24. if you can meet $300 x2 you might consider the csr as you would also probably quality for that and you would end up ahead $ wise. good luck!

I'm not quite sure I understand what you're saying here. Can you reiterate?

I'm interested.

Cheers!

Re: CSP in branch pre approval... Should I do it?

bourgogne — Thu, 08 Jun 2017 14:52:40 GMT

@Cashbackjunky wrote:
@bourgogne wrote:
4 in-branch approvals all <5/24. if you can meet $300 x2 you might consider the csr as you would also probably quality for that and you would end up ahead $ wise. good luck!
I'm not quite sure I understand what you're saying here. Can you reiterate?

I'm interested.
Cheers!

which part? I got a csr, fu, inc & csp later pced to a f all in-branch all pre-approved and all over 5/24. 5/24 means nothing with a pre-approval based on my experence.the csr comes with $ 600 a year in credits, the csp does not. makes an easy decision to get the csr in my book but everyone is different

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 15:12:27 GMT

@bourgogne wrote:
@Cashbackjunky wrote:
@bourgogne wrote:
4 in-branch approvals all <5/24. if you can meet $300 x2 you might consider the csr as you would also probably quality for that and you would end up ahead $ wise. good luck!
I'm not quite sure I understand what you're saying here. Can you reiterate?

I'm interested.
Cheers!
which part? I got a csr, fu, inc & csp later pced to a f all in-branch all pre-approved and all over 5/24. 5/24 means nothing with a pre-approval based on my experence.the csr comes with $ 600 a year in credits, the csp does not. makes an easy decision to get the csr in my book but everyone is different

That's a bit misleading. The credit is $300 a year and people refer to getting $600 in credits vs one $450 AF if they cancel the card after the first year. That aside the CSR is far superior to the CSP

Re: CSP in branch pre approval... Should I do it?

Cashbackjunky — Thu, 08 Jun 2017 15:23:55 GMT

$600 a year in credits? How? I had no idea....

The only hesitation I have, is I was pre-approved for the CSP, not the CSR.

Cheers!

Re: CSP in branch pre approval... Should I do it?

bourgogne — Thu, 08 Jun 2017 15:34:02 GMT

@Anonymous wrote:
@bourgogne wrote:
@Cashbackjunky wrote:
@bourgogne wrote:
4 in-branch approvals all <5/24. if you can meet $300 x2 you might consider the csr as you would also probably quality for that and you would end up ahead $ wise. good luck!
I'm not quite sure I understand what you're saying here. Can you reiterate?

I'm interested.
Cheers!
which part? I got a csr, fu, inc & csp later pced to a f all in-branch all pre-approved and all over 5/24. 5/24 means nothing with a pre-approval based on my experence.the csr comes with $ 600 a year in credits, the csp does not. makes an easy decision to get the csr in my book but everyone is different
That's a bit misleading. The credit is $300 a year and people refer to getting $600 in credits vs one $450 AF if they cancel the card after the first year. That aside the CSR is far superior to the CSP

I got 2x $ 300 last year and I will do the same this year. has nothing to do with canceling the card, has to do with the closing date in dec and if one can meet the spend

Re: CSP in branch pre approval... Should I do it?

Cashbackjunky — Thu, 08 Jun 2017 15:37:12 GMT

Can you explain that more? I'm not sure what you mean here.

Cheers!

Re: CSP in branch pre approval... Should I do it?

bourgogne — Thu, 08 Jun 2017 15:43:26 GMT

@Cashbackjunky wrote:
Can you explain that more? I'm not sure what you mean here.

Cheers!

sorry running late. the csr comes with a $ 300 credit that resets in dec so its possible to double dip it. there have been recent changes to the csr relating to this so you might want to research it a bit before making your moves..doc or reddit are good sources. to me this is a rebuild / card collector forum, if you want to get fancy and play tricks you have to research other forums

Re: CSP in branch pre approval... Should I do it?

Cashbackjunky — Thu, 08 Jun 2017 15:45:38 GMT

Thanks for the info!

I'll do my research, but since I'm at work, does anyone know what he's talking about?

Is it still possible to double dip? If so, how?

Cheers!

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 16:00:20 GMT

@bourgogne wrote:
@Anonymous wrote:
@bourgogne wrote:
@Cashbackjunky wrote:
@bourgogne wrote:
4 in-branch approvals all <5/24. if you can meet $300 x2 you might consider the csr as you would also probably quality for that and you would end up ahead $ wise. good luck!
I'm not quite sure I understand what you're saying here. Can you reiterate?

I'm interested.
Cheers!
which part? I got a csr, fu, inc & csp later pced to a f all in-branch all pre-approved and all over 5/24. 5/24 means nothing with a pre-approval based on my experence.the csr comes with $ 600 a year in credits, the csp does not. makes an easy decision to get the csr in my book but everyone is different
That's a bit misleading. The credit is $300 a year and people refer to getting $600 in credits vs one $450 AF if they cancel the card after the first year. That aside the CSR is far superior to the CSP
I got 2x $ 300 last year and I will do the same this year. has nothing to do with canceling the card, has to do with the closing date in dec and if one can meet the spend

You still only get $300 per year whether Chase closes in December or not. It's not a $600/year credit no matter how you look at it. People were able to get $600 last calendar year by opening the card when it came out, getting the $300 credit and spending enough in December to get another $300 credit when Chase resets the credit. The only $300 you'll get this year is when it resets again in December and you won't get another $300 credit at any time this year.

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 15:48:14 GMT

@Cashbackjunky wrote:
Thanks for the info!

I'll do my research, but since I'm at work, does anyone know what he's talking about?

Is it still possible to double dip? If so, how?

Cheers!

It's not.

Re: CSP in branch pre approval... Should I do it?

Cashbackjunky — Thu, 08 Jun 2017 15:50:12 GMT

Thanks for the clarification, Irish. I didn't think it was possible, I didn't understand how your closing date would even affect that.

I swear, you're always there to set the record straight!

Cheers!

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 15:56:21 GMT

Chase made changes that changed the credit to card membership year instead of calendar year so it is no longer possible to double dip. Even if it wasn't changed you could only double dip once which required your to either cancel or product change the card. You would not have been able to double dip year after year if you kept the card.

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 15:59:20 GMT

@Cashbackjunky wrote:
Thanks for the clarification, Irish. I didn't think it was possible, I didn't understand how your closing date would even affect that.

I swear, you're always there to set the record straight!

Cheers!

Well it was possible in the first year and involved Chase's year closeout in December, not your closing date. People could get $600 in credits one time in the first year but with this change it is only possible in very limited circumstances. Read this for more of an explanation:

http://www.doctorofcredit.com/chase-change-sapphire-reserve-travel-credit-calendar-year-cardmember-year-may-21/

Re: CSP in branch pre approval... Should I do it?

Anonymous — Thu, 08 Jun 2017 16:19:52 GMT

@bourgogne wrote:
@Cashbackjunky wrote:
Can you explain that more? I'm not sure what you mean here.

Cheers!
sorry running late. the csr comes with a $ 300 credit that resets in dec so its possible to double dip it. there have been recent changes to the csr relating to this so you might want to research it a bit before making your moves..doc or reddit are good sources. to me this is a rebuild / card collector forum, if you want to get fancy and play tricks you have to research other forums

While other sites certainly can be helpful, no matter what you consider this site to be, don't forget that posters here are familiar with those sites as well. Because you mentioned Reddit, I will copy exactly what they say in their Wikipedia:

. "Because the credit is per calendar year (or rather December statement, just like the Citi Prestige) it means you could indeed receive the credit twice during your first year of card membership" (emphasis mine)

While even that has changed, at no time was it possible to receive the credit twice in a year after the first year. So you won't be receiving it twice again this year.

Re: CSP in branch pre approval... Should I do it?

bourgogne — Thu, 08 Jun 2017 16:21:43 GMT

@Anonymous wrote:
@Cashbackjunky wrote:
Thanks for the clarification, Irish. I didn't think it was possible, I didn't understand how your closing date would even affect that.

I swear, you're always there to set the record straight!

Cheers!
Well it was possible in the first year and involved Chase's year closeout in December, not your closing date. People could get $600 in credits one time in the first year but with this change it is only possible in very limited circumstances. Read this for more of an explanation:

http://www.doctorofcredit.com/chase-change-sapphire-reserve-travel-credit-calendar-year-cardmember-year-may-21/

I got my csr 11/16 and met the spend in a day and got 105K and $ 300. I then got $ 300 in 12/16. I got another $ 300 thus farin 2017 and based on what a csr just told me I will get another $ 300 in 12/17. I heard about some sort of change that happened this year but don't know what it is I only know what will happen to me. I80, is this not your understanding of it?