topic Re: I need a strong game plan for CSR in Credit Cards

I need a strong game plan for CSR

Anonymous — Thu, 04 Jan 2018 04:16:06 GMT

I need a strong game plan for CSR

I’m highly interested in the CSR Card, but have yet to receive any prequals from Chase. I do have prequals from Citi, Cap1, US Bank, and Amex. I’m holding off app’ing anywhere else so i won't reach Chase's 5/24 rule.

My revolving credit profile is still young, and I’m not sure how much it needs to age first?

I’d even temporarily open a chase checking or savings account if that will help?

Do I need to start off with a freedom card first?

All advice is highly appreciated!

My Profile:

Student Loans are 14 years, 4 months.

AAOA is 5 years, 2 months.

Fico 8: EQ786, TU791, EX784

May 1, 2017 Quick Silver One ($500)

July 11, 2017 Amex BCE (Applied & Declined)

July 31, 2017 Discover Secured ($800)

Nov 20, 2017 Venture ($10k)

No Baddies, PIF every month (2 cards report zero & 1 card reports $5-20)

Re: I need a strong game plan for CSR

Anonymous — Thu, 04 Jan 2018 04:23:14 GMT

Ok being 4/24 means you can't apply for anything right now. You asked about freedom, do you have pre-equals for that?

Imo, an inquiry is not that big of a deal, so just cold app! Your scores are great, and assuming you have decent income, I'm guessing you get approved.

It's a great card, and it's the card you want, so it's worth the pull imo.

Re: I need a strong game plan for CSR

Anonymous — Thu, 04 Jan 2018 04:27:29 GMT

@Chi-townBrickie it unfortunately looks like you're going to have to play the sit and wait game. You're looking at 3/24 right now. My guess, and I'm sure someone wiser than I will correct me, is that you'll need to hang on for the a few months and then possibly do a Freedom app. Then at 4/24 sit and wait for a few, or more, months until you're pre-app'ed with via Chase online.

If it was me wanting in with Chase I'd probably wait for a pre-app for the Freedom as well. That said there are good reports of having luck with cold app'ing for the Freedom. You've got decent scores but your history is biting you. Whatever you do, don't break 4/24 or you'll be in my boat waiting for 2019 to roll around.

You should be able to request a SP CLI form Cap1 by now and I'd take that just to bolster your total CL and offset the heavy Venture limit.

Reports I've read indicate that Disco needs at least 6-7 months to graduate, but there's a few threads that give better details on that. I'd play the CLI game with them too once you can.

If you do get in with Chase, I would push as much of my monthly spend to that card as I could just to show them how much you love them.

I'm a credit neophyte myself so stand by for sage advice from the guru's

Re: I need a strong game plan for CSR

Anonymous — Thu, 04 Jan 2018 04:31:08 GMT

@Anonymous wrote:
Ok being 4/24 means you can't apply for anything right now. You asked about freedom, do you have pre-equals for that?

Imo, an inquiry is not that big of a deal, so just cold app! Your scores are great, and assuming you have decent income, I'm guessing you get approved.

It's a great card, and it's the card you want, so it's worth the pull imo.

I read 3/24 as they were denied for the AmEx. Correct me if I'm wrong but Chase counts new accounts, not inquires?

Re: I need a strong game plan for CSR

SouthJamaica — Thu, 04 Jan 2018 04:41:15 GMT

@Anonymous wrote:
I need a strong game plan for CSR

I’m highly interested in the CSR Card, but have yet to receive any prequals from Chase. I do have prequals from Citi, Cap1, US Bank, and Amex. I’m holding off app’ing anywhere else so i won't reach Chase's 5/24 rule.

My revolving credit profile is still young, and I’m not sure how much it needs to age first?
I’d even temporarily open a chase checking or savings account if that will help?
Do I need to start off with a freedom card first?
All advice is highly appreciated!

My Profile:
Student Loans are 14 years, 4 months.
AAOA is 5 years, 2 months.
Fico 8: EQ786, TU791, EX784
May 1, 2017 Quick Silver One ($500)
July 11, 2017 Amex BCE (Applied & Declined)
July 31, 2017 Discover Secured ($800)
Nov 20, 2017 Venture ($10k)
No Baddies, PIF every month (2 cards report zero & 1 card reports $5-20)

1. Yes open a savings and/or checking account with Chase

2. When you go online, there's an "offers" section. If you have a green checkmark for credit cards there, you'll find out what Chase cards you're prequalified for.

3. You can also check at the branch for prequalifications.

Best not to apply for new cards now, just build an even better record with the cards you have.

I think within 6 months you should be able to get the CSR.

Re: I need a strong game plan for CSR

Anonymous — Thu, 04 Jan 2018 04:59:37 GMT

Keep in mind that it appears as though CSR generally does not show preaaprovals.

Go for it!

Re: I need a strong game plan for CSR

DeeBee78 — Thu, 04 Jan 2018 06:37:17 GMT

I would suggest obtaining another CHase card to build history and boost your internal score (which is something proprietary to them) before applying for a card that has a 10K starting limit. They love to deny people for lack of relationship, and lack of experience, even if you do have accounts over 6 months old.

Edit: just noticed that your singular 10K card is only a few months old. Definitely a denial without some prior foot in the door. Get a Freedom or Freedom Unlimited to start, use it for everything, then app the CSR in 6 more months, since you’ll still be under 5/24.

Re: I need a strong game plan for CSR

Anonymous — Thu, 04 Jan 2018 08:48:46 GMT

Your best chance is to walk into a branch and ask a personal banker to check on pre quals for you. This bypasses 5/24 and results in high chances for approval if there are any.

Piece of advice... Ask what all you were pre qual for. They like to steer you to what ever is paying them the best bonus for the quarter. Have them tell you everything that is available, and go from there.

I should note that the branch has offers not listed on the website. It's how i got mine while over 5/24.

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 04:01:14 GMT

No prequals from Chase yet :/

3/24, Amex application was declined.

i believe my income should be decent enough (65k)? Not including my wife's income.

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 04:02:55 GMT

Thanks,

All of what you said sounds like sound advice to me, wait=freedom, then wait=csr.

My history is totally biting me right now. I will kick back and be patient, I definitely won’t break 4/24. I have my eyes on one other card, but I can snag that after I get my grip on the csr.

I’m hoping the Disc graduates sometime this Feb-Mar, I will def try to get a cli out of them afterwards.

I just received a 6 month “credit steps” $200 cli on Cap1 in November, the card limit was $300, lol.

I’ve ran 8k through the venture in the last 7 weeks, I’m hoping at 61 days they will show me a little love with a cli.

When the day comes, I will do as you suggested, and put all of my monthly spend on it until I get where I want to be with them.

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 04:04:30 GMT

Thanks for your advice, that sounds like a really good plan. I will head into Chase in the morning to get that process moving.

So, it doesn’t matter whether it’s a savings or checking account right? I’ll still be able to go online and see if there's any offers in the "offers" section?

You are right, I will hold off on app’ing for a while and work with what I have.

I hope your estimate is correct, 6 months would be real nice 😊

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 04:05:01 GMT

Thanks, that is good to know!

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 04:06:40 GMT

Thanks for the advice & info. I didn’t know csr sl is 10k 😊 that makes it even sweeter!

I will, I’ll open a saving or checking account with them tomorrow, and when the prequal pops up for freedom I will go with that first, and then hold out on 5/24 for the csr when the opportunity comes.

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 04:08:36 GMT

That is very interesting and it makes a lot of sense. I will definitely give that a try.

Thanks for the info!

Re: I need a strong game plan for CSR

Anonymous — Fri, 05 Jan 2018 12:54:12 GMT

Keep in mind that you may get a CSP "offer" from your Chase login -- you can always app that, use the card for a year (bank your URs) and then PC after a year to CSR if your credit profile supports the CSR. This is an option if you don't get any in-branch offers for CSR but do get one for CSP.

Re: I need a strong game plan for CSR

Anonymous — Sat, 06 Jan 2018 14:48:21 GMT

That is good to know. I'd be happy to go that route. Do you know what the sl is on the csp?

Re: I need a strong game plan for CSR

Anonymous — Sat, 06 Jan 2018 14:53:04 GMT

@Anonymous wrote:
That is good to know. I'd be happy to go that route. Do you know what the sl is on the csp?

$5K min for CSP, $10K for CSR.

Re: I need a strong game plan for CSR

Anonymous — Sat, 06 Jan 2018 15:14:28 GMT

Thanks! I can see them offering me a csp prior to csr

Re: I need a strong game plan for CSR

Anonymous — Sat, 06 Jan 2018 15:25:09 GMT

@Anonymous wrote:
Thanks! I can see them offering me a csp prior to csr

That's my hope -- if I get a CSP preapproval I'll snag it now and after a year try to PC to CSR. My 5/24 doesn't work until 06/2019 so if I can get a CSP before 06/2018, I can PC it in a year and it'll be at the same timeframe that the CSR would come cold apping.

Plus, I can earn URs now and bank them and hold them until I have CSR so they're worth even more for travel redemption!

Re: I need a strong game plan for CSR

Anonymous — Sat, 06 Jan 2018 16:02:09 GMT

How’d you get from 500’s to near 800 in less than a year?