topic Re: Visa signature approval question in Credit Cards

Visa signature approval question

Cdnewmanpac — Mon, 30 Jan 2012 14:25:18 GMT

I applied for a southwest card through Chase in late December and got (appropriately, if I'm being honest) denied. After seeing the success some had calling the backdoor number for reconsideration, I gave it a shot and got approved, with a "credit limit" of $5000. Yay. Cut to this weekend, card still hasn't arrived and I begin to worry I dreamed the whole thing. So I call the automated status line and hear that I'm approved with a "credit access line" of $5000. I thought that term was usually associated with visa signature cards (which southwest card can be), so my question is this: am I getting a visa signature card? I know I can wait for the card to find out, but since my whole purpose in undertaking to improve my credit was to get a card with a decent limit and concierge service, this would be a pretty big deal to me. Thanks

Re: Visa signature approval question

mxp114 — Mon, 30 Jan 2012 14:38:11 GMT

$5k and higher = Visa Signature.

https://www.chase.com/online/Credit-Cards/southwest.htm

Congrats and enjoy the new card.

Re: Visa signature approval question

navigatethis12 — Mon, 30 Jan 2012 14:38:20 GMT

When I was approved for my PNC card it told me that they had "upgraded" me to the visa signature in the e-mail I recieved and on the approval page. Maybe with Chase it is different. I have seen cards though with more than a 5,000 limit and not be visa signature. I suppose if you get it and it isn't you could inquire about why it isn't. Even though my card is a visa signature it still tells me the limit when I logon and does report the limit to the bureaus so I guess different issuers have different practices.

Re: Visa signature approval question

mxp114 — Mon, 30 Jan 2012 14:43:07 GMT

Chase can issue a Platinum if you do not want Signature/World, however now that they report CL's for NPSL products, I don't see why anyone would want a lower card tier.

Re: Visa signature approval question

CS800 — Mon, 30 Jan 2012 15:05:20 GMT

@mxp114 wrote:
Chase can issue a Platinum if you do not want Signature/World, however now that they report CL's for NPSL products, I don't see why anyone would want a lower card tier.

Congrats OP !!

MXP: That's good to know that they report the CL for the signature cards. I was thinking of rying for a PC down the line Freedom----> Rapid rewards Sig

Re: Visa signature approval question

Cdnewmanpac — Mon, 30 Jan 2012 15:09:52 GMT

Oh I absolutely want the signature. I'm glad to here they report a limit now, though honestly it isn't a big concern for me. I'm an au on wife's card with 16k limit that we use once a month for Netflix and I don't carry balances (though I do allow one to report something small each month). Not worried about utilization. Just pumped to be able to get last minute dining/show tix while traveling.

Re: Visa signature approval question

mxp114 — Mon, 30 Jan 2012 15:11:17 GMT

Yeah congrats and you should post a pic of the card on the Pictures thread. I don't think a SW card has been posted yet.

Re: Visa signature approval question

CS800 — Mon, 30 Jan 2012 15:13:09 GMT

First purchase gets you $800 worth of tickets, now thats worth it.