topic Re: Bankruptcy with Chase. How do i start repairing to get back in the system? in Credit Cards

Bankruptcy with Chase. How do i start repairing to get back in the system?

tippyperez — Mon, 19 Jun 2023 13:22:12 GMT

9I filed for a chapter 7 with them a few years ago. I would love to get back into their credit card system and would like some advice on how i can start the process of getting back into it besides just waiting it out. I have heard that even waiting for the bankruptcy to drop off completely doesnt guarantee that chase will take you back because its logged into their system forever.

I currently have a checking account with them and was about to close it due to inactivity and the maintenance fee. Would leaving it open and even opening other accounts like a savings or business checking, etc. get me into their system faster?

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

AndySoCal — Mon, 19 Jun 2023 14:31:42 GMT

@tippyperezSome banks will look at a checking account to see how well a consumer manages their money. Sometimes I see posts where a non used checking account can be a drawback in getting CLI's. That said I have not seen this with Chase. I have only one checking account. The only advantage to having that type of account you can go into the back if you have a problem with a credit card application etc.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

Hoben02 — Mon, 19 Jun 2023 14:55:35 GMT

If you do a search thru this group 'chase bk' I have yet to see anybody get back in with any bk let alone a bk with chase. Just move the money somewhere else. If this is the case where you wanted access to the travel partners that chase has locked up there are surprise travel hacks like you can use Amex mr points to buy swa

I stand corrected there are approvals showing in the approvals section doing a search for 'chase bk' so looks like if you wanted a chase Amazon card

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

FireMedic1 — Mon, 19 Jun 2023 18:55:56 GMT

@tippyperez wrote:
9I filed for a chapter 7 with them a few years ago. I would love to get back into their credit card system and would like some advice on how i can start the process of getting back into it besides just waiting it out. I have heard that even waiting for the bankruptcy to drop off completely doesnt guarantee that chase will take you back because its logged into their system forever.

I currently have a checking account with them and was about to close it due to inactivity and the maintenance fee. Would leaving it open and even opening other accounts like a savings or business checking, etc. get me into their system faster?

If you burned Chase. No go. If you didnt. Maybe after the BK falls off. Some on here its been 10+ yrs and still no approvals. Co-branded cards like Amazon is YMMV.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

SouthJamaica — Mon, 19 Jun 2023 19:12:52 GMT

@tippyperez wrote:
9I filed for a chapter 7 with them a few years ago. I would love to get back into their credit card system and would like some advice on how i can start the process of getting back into it besides just waiting it out. I have heard that even waiting for the bankruptcy to drop off completely doesnt guarantee that chase will take you back because its logged into their system forever.

I currently have a checking account with them and was about to close it due to inactivity and the maintenance fee. Would leaving it open and even opening other accounts like a savings or business checking, etc. get me into their system faster?

There will come a time when Chase lets you back in, but it will probably be quite a few years down the road. If I recall correctly, some folks have reported getting back in after 6 years or so.

I don't think your having checking accounts there will help, but it couldn't hurt.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

Horseshoez — Mon, 26 Jun 2023 14:55:57 GMT

@Hoben02 wrote:
If you do a search thru this group 'chase bk' I have yet to see anybody get back in with any bk let alone a bk with chase. Just move the money somewhere else. If this is the case where you wanted access to the travel partners that chase has locked up there are surprise travel hacks like you can use Amex mr points to buy swa

I stand corrected there are approvals showing in the approvals section doing a search for 'chase bk' so looks like if you wanted a chase Amazon card

I declared a Chapter 13 back in 2015 and ended up burning Chase for somewhere north of $10,000; my bankruptcy was discharged in March of 2020 and fell off my credit reports in January of 2022. Throughout that 7 year stretch I periodically checked Chase for a pre-approval and not surprisingly, I never saw anything other than being invited to open a savings account.

In December of 2022 I was compelled to open up a Chase checking and savings account, and while I was in the process of opening said accounts (in a branch), the banking associate asked, "Would you like a credit card as well?" Given I didn't have any travel related cards, I asked for a CSP and was instantly approved for a starting limit of $11,700.

Long story short, you can get back into a Chase credit card, but it does take time.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

FireMedic1 — Mon, 19 Jun 2023 22:28:20 GMT

I banked with them for 12 yrs plus. They financed my Explorer in 2021. I ask the CSR I've seen many times. Anything on the screen? She said no. Whats your opinion for the Amazon card and I didnt burn Chase. Save the HP. People with BK's dont get approved. Ok. Wells Fargo came out with the Early Payday and I left. Still my auto lender and thats it. Said sorry. No card. No accounts.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

Rogue46 — Tue, 20 Jun 2023 20:55:52 GMT

@SouthJamaica wrote:
@tippyperez wrote:
9I filed for a chapter 7 with them a few years ago. I would love to get back into their credit card system and would like some advice on how i can start the process of getting back into it besides just waiting it out. I have heard that even waiting for the bankruptcy to drop off completely doesnt guarantee that chase will take you back because its logged into their system forever.

I currently have a checking account with them and was about to close it due to inactivity and the maintenance fee. Would leaving it open and even opening other accounts like a savings or business checking, etc. get me into their system faster?
There will come a time when Chase lets you back in, but it will probably be quite a few years down the road. If I recall correctly, some folks have reported getting back in after 6 years or so.

I don't think your having checking accounts there will help, but it couldn't hurt.

I tried getting in with Chase for several years and finally after almost 7 years got the nod. I never had a Chase card so not included in bk.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

Guyatthebeach — Wed, 21 Jun 2023 00:40:48 GMT

Tippyperez,

Welcome to the forum!

I burned Chase badly in my chapter 7 bankruptcy. I tried at the 61 month mark post discharge and after year 7 post bankruptcy, and was declined both times due to my bankruptcy. I even reconned both times and was told both times it was due to my bankruptcy. After my bankruptcy fell off all my CR's, I was approved for the Chase Amazon Visa. I discovered the preapproval on the Amazon website.

Since you already have a checking account with Chase, I'd keep it open and use it. I would check on Chase Journey site for a preapproval or offer, and the same thing on Amazon.

Just give it time. If Chase let me back in, they will let you back in too.

Guyatthebeach

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

mau471 — Mon, 26 Jun 2023 19:44:04 GMT

Just throwing my DPs in here. I burned chase in Ch 13 in 2015 for about 8k, they didn't get any payback because they failed to file their claim in time. I applied for the Amazon card 12/21 with the BK still reporting and approximately 8/24 I believe, I was approved for $3,500 instantly. About a year later asked for a CLI and they doubled my line after a recon. Last month I applied for CSP and was initially denied, called recon same day still denied, called a second time about 2 weeks later and was approved for $18.4k which isn't my largest CL but is my largest out of the gate approval post rebuild. It seems like the Amazon card has some decently lienient rules for initial approval, but the rest are a little tougher but not impossible if you're willing to do a little talking to the recon folks.

Re: Bankruptcy with Chase. How do i start repairing to get back in the system?

Namaste7 — Tue, 27 Jun 2023 04:00:57 GMT

MyFF Chase Approval DPs with BKs

These are DPs on the Approvals board between 2021-2023. Approvals are not guaranteed, but certainly possible.

@tippyperez, unless you're maintaining an active banking relationships with Chase, I do not think you'll see much value in maintaining a dormant account for a future relationship. Some customers do benefit from an internal relationship; however, I think other factors may be more important: strong credit profile post BK rebuild along with higher FICOs, lower DTI, and below 5/24 when applying.