topic Re: I want Chase... Thin, New Credit File, ITIN. in Credit Cards

I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 18:24:59 GMT

My credit file is thin, very NEW & THIN. And I only have an ITIN.

No derogs, or previous history. My US credit profile was created in June 2017.

Account, limits, dates opened

RBC Visa, $3000, June 2017 (Opened based on my Candian credit history)

AMEX, $5000, March 2018 - May 8 is my 61st day (Oened based on my Candian credit history)

TD Visa, $7500, April 2018 (Opened based on my Candian credit history)

Cap1 Platinum, $300 (steps), May 2018

Credit Scores (Vantage 3.0)

Experian 719 (Nav.com) -- Not showing my TD Visa & Cap1

TU - 688 (CreditKarma) -- Not showing my RBC Visa, TD Visa & Cap1

Equifax - NIL (CreditKarma) -- Not showing any of my accounts

Inquiries (from Jun 2017)

Experian - 4 (Nav.com)
TU - 5 (CK.com)

EQ - 6 (CK.com)

I applied for Chase Freedom 2 weeks ago (April 19), pulled Experian and I got denied with a response:

"Not enough accounts opened long enough to establish a credit history

Insufficient balance in deposit and investment accounts with us"

Scoring System Name: Card Acquisition Risk Score V2

Credit Score: 701

When can I confidently apply for a Chase product? (assuming my balance is $0 or close to 0, without late payments and etc..)

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 17:17:01 GMT

Is there a specific Chase product you’re interested in besides the Freedom you were denied for? Freedom is good, but a similar product that’s much easier to get with a thin file is Discover It. I think with anoth 9-12 months age on your accounts and no more than 8.9% Util, you’d be in good shape.

Re: I want Chase... Thin, New Credit File, ITIN.

RootDet — Fri, 04 May 2018 17:18:27 GMT

Chase has a strict rule of 5 new credit accounts in 24 months. I aleady count four bellow, so if you contine to apply for more, you will disqualify yourself for 2 years.

It sounds like with Chase you will need to wait or atleast anothe 3-6 months, and increase your balances with chase. I am guessing you have a relationship wiht them and they used that information for ability to pay.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 17:29:23 GMT

I do not have any accounts with Chase.

I also do not have an SSN, so I cannot get approved for Discover.

5/24 -- 1 of the 4 were opened in June 2017. The other 3 were opeened in the last month-2 months.

Re: I want Chase... Thin, New Credit File, ITIN.

Remedios — Fri, 04 May 2018 17:35:22 GMT

@Anonymous wrote:
I do not have any accounts with Chase.
I also do not have an SSN, so I cannot get approved for Discover.
5/24 -- 1 of the 4 were opened in June 2017. The other 3 were opeened in the last month-2 months.

The common wisdom for Chase is to wait at least a year after the first account is open.

If you do not open any more accounts try again in 6-9 months (at minimum) . If you open one more account by a different lender, you will not be able to get a chase card till July 2019.

In the past in branch pre approvals were able to bypass 5/24, not sure if that's still the case.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 17:36:18 GMT

How do you have unsecured cards without a SSN?...Actually, how do you have a credit report? :\

Re: I want Chase... Thin, New Credit File, ITIN.

fltireguy — Fri, 04 May 2018 17:38:50 GMT

I was wondering that as well

You need AT LEAST of a year of history for Chase, many times it's 2 years. Also, you are showing FAKO scores. Do you have any FICO scores yet?

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 17:58:57 GMT

He has an ITIN number. IRS issued for residents that aren't eligible for SSN.

Re: I want Chase... Thin, New Credit File, ITIN.

K-in-Boston — Fri, 04 May 2018 18:00:37 GMT

@Anonymous wrote:
How do you have unsecured cards without a SSN?...Actually, how do you have a credit report? :\

A credit report can be created with either a SSN or ITIN. OP, are you sure about not being able to apply for a Discover card with an ITIN? You may need to call them to apply rather than doing it online.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 18:03:16 GMT

From everything I've read online, it says Discover no longer accepts ITIN as of 2014.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 18:19:32 GMT

I didn't think banks issued CCs unless you had one... I know Amex requires a SSN and Wells Fargo offers unsecured cards only to citizens and permanent residents, both of which have SSNs. I remember when I applied for Discover 4 months ago I was asked if I was a US citizen or a permanent resident. I don't remember another option... They did ask for my social. I agree, calling them should clarify a lot of things, for them and for you.

Re: I want Chase... Thin, New Credit File, ITIN.

Remedios — Fri, 04 May 2018 18:29:03 GMT

@Anonymous wrote:
From everything I've read online, it says Discover no longer accepts ITIN as of 2014.

Chase requires SSN.

This is from Wallet Hub

Here’s a breakdown of each major issuer’s identification requirements:

American Express: SSN, ITIN or Passport
Chase: SSN
Bank of America: SSN, ITIN or Passport
Citibank: SSN, ITIN or Passport (select cards only)
Capital One: SSN or ITIN
U.S. Bank: SSN or ITIN (secured cards only)
Discover: SSN
Wells Fargo: SSN or ITIN (secured cards only)
Barclaycard: SSN
Synchrony Bank: SSN
USAA: SSN

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 18:32:00 GMT

But I have seen people use ITIN with Chase successfully.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 21:03:36 GMT

I just googled it... As of 2015 Chase no longer accepts ITINs, just SSN.

I'm not sure is this link is allowed, if not please delete the link. This article is pretty good, and recent.

https://www.rewardexpert.com/blog/ultimate-guide-for-getting-credit-card-without-ssn/

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Fri, 04 May 2018 21:44:42 GMT

Discover is hard-core about needing an SSN. When I moved to the US (also from Canada!) I had an SSN but my wife did not, she had only an ITIN. I could get a Discover card, but they wouldn't even let me add her as an Authorized User with just an ITIN, let alone open a card of her own.

Bank of America was willing to work with my wife's ITIN, as was CITI. With BoA I was able to get my original cards with them open with zero US credit history (but with a brand new SSN) by going into a branch, and in particular, one that is frequented by many people at the company I work for. I showed the relationship manager in branch my offer letter, opened up an account, and he put through a credit card application for me in some way that over-rode the auto decline I got from the system.

I would try going into a branch and dealing with them in person since with zero credit history the computer will absolutely just deny you, whereas a human being can probably assess your situation and maybe make a better decision. Chase may not do it but there are good cards with CITI and BoA that you could likely get that way.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Sat, 05 May 2018 17:16:25 GMT

I was just able to circumvent the 5/24 last week with a in branch offer I have 5 cards in the last year and 2 auto loans if that matters and was shocked when the branch told me I had 8 different offers. So I jumped on the freedom unlimited I wanted and was told almost always approve or deny I'll get either the card or a letter they don't tell you that day. But I was approved for 4300 instantly the guy was shocked that it told him instantly he said that was unusual.

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Sat, 05 May 2018 17:21:50 GMT

What type of balance do you have in your chase checking/savings or investment accounts? That may be a factor as well.

I currently do not have an account with Chase, but may have to look into driving to Rochester to open a checking and savings account with them.

Re: I want Chase... Thin, New Credit File, ITIN.

TheBoondocks — Sat, 05 May 2018 23:07:25 GMT

So, since you're from Canada, what happens to your Canada credit cards, could you still use it in the US?

Re: I want Chase... Thin, New Credit File, ITIN.

Anonymous — Sat, 05 May 2018 23:17:43 GMT

I can use my Canadian cards in the Us and my us cards in Canada.

My Canadian credit card and 20 year credit profile remains in tact. It just keeps aging.

I can use my credit cards Canadian or US ones interchangeably.

Re: I want Chase... Thin, New Credit File, ITIN.

TheBoondocks — Sat, 05 May 2018 23:23:13 GMT

Wow, that's cool. But, I can't get a canadian credit card since I'm not a citizen there lol.