topic Re: Freedom Unlimited PC in Credit Cards

Freedom Unlimited PC

Anonymous — Sat, 15 Jul 2017 16:24:11 GMT

My GF has a FU with $8500 limit. She has had it for about 16 months. The initial CL was 3500 and with a hard pull this past April it was bumped up to the current 8500. She is looking into getting a CSP (prefers CSR though!) which shows she is preapproved for when she logs into her account. It only asks to update her income. What is the best way to get the CSP? Just update her income and have both cards or to PC the FU to a CSP by moving 5k to the CSP and keeping 3500 on the FU? Would the hard pull count be the same either way?

Re: Freedom Unlimited PC

Anonymous — Sat, 15 Jul 2017 17:16:17 GMT

@Anonymous wrote:
My GF has a FU with $8500 limit. She has had it for about 16 months. The initial CL was 3500 and with a hard pull this past April it was bumped up to the current 8500. She is looking into getting a CSP (prefers CSR though!) which shows she is preapproved for when she logs into her account. It only asks to update her income. What is the best way to get the CSP? Just update her income and have both cards or to PC the FU to a CSP by moving 5k to the CSP and keeping 3500 on the FU? Would the hard pull count be the same either way?

You can't PC to a different card and also keep the existing card. She can either PC to the CSP and lose the FU card or apply outright for the CSP. If she does the latter she would be eligible for the current bonus on the CSP but not so if she PCs to it. I'd highly recommend that she just apply for it as the bonus is something worth a new account/inquiry.

Edit to add that if she is preapproved for the CSP but prefers the CSR then she should apply for it. Chase doesn't give online preapprovals for the CSR.

Re: Freedom Unlimited PC

Anonymous — Sat, 15 Jul 2017 16:53:44 GMT

Irish, that was great info and it all makes sense to me. Another question, she just realized she is 6/24, is that an issue if she outright applies for the CSP so she can keep the CFU?

Re: Freedom Unlimited PC

Anonymous — Sat, 15 Jul 2017 17:15:39 GMT

@Anonymous wrote:
Irish, that was great info and it all makes sense to me. Another question, she just realized she is 6/24, is that an issue if she outright applies for the CSP so she can keep the CFU?

Well normally it would it would be an issue but online preapprovals are a known way of bypassing the guidelines. While no preapproval is a guarantee of an actual approval, Chase ones are normally very solid.

Re: Freedom Unlimited PC

K-in-Boston — Sat, 15 Jul 2017 20:19:50 GMT

If she has the green check mark next to the CSP under Offers in her online account, then it absolutely a solid offer that bypasses 5/24. I was over 5/24 when I got my CSP and Slate that way.

Re: Freedom Unlimited PC

MrDisco99 — Sun, 16 Jul 2017 00:08:40 GMT

Any data on what they look for when giving out those pre-qual offers?

Re: Freedom Unlimited PC

Anonymous — Sun, 16 Jul 2017 02:17:23 GMT

I tend to feel that apping for the new Chase product generally is the way to go over the PC for two reasons. Already mentioned, the bonus. Second, you'll almost always end up with better limits between the cards and remember the limits can be moved.