topic Chase Freedom HP or SP in Credit Cards

Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 14:03:03 GMT

I've had the Circuit City Chase Visa card, and when the store went out business it turned into a Chase Rewards Visa, and finally it's a Chase Freedom Visa. I recieved the card in 2008, with a CL of 2k. I never tried to request a credit line increase. If I were to try now would it be a HP or SP? I'm in the process of buying a home and I can't have any new inquiries.

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 14:04:48 GMT

@Anonymous wrote:
I've had the Circuit City Chase Visa card, and when the store went out business it turned into a Chase Rewards Visa, and finally it's a Chase Freedom Visa. I recieved the card in 2008, with a CL of 2k. I never tried to request a credit line increase. If I were to try now would it be a HP or SP? I'm in the process of buying a home and I can't have any new inquiries.

Could possibly be a HP. I would speak with a supervisor thre and make sure you get info. on who it is if they say it will be a SP.

Re: Chase Freedom HP or SP

RyVision — Sun, 26 Feb 2012 15:04:37 GMT

@LS2982 wrote:
@Anonymous wrote:
I've had the Circuit City Chase Visa card, and when the store went out business it turned into a Chase Rewards Visa, and finally it's a Chase Freedom Visa. I recieved the card in 2008, with a CL of 2k. I never tried to request a credit line increase. If I were to try now would it be a HP or SP? I'm in the process of buying a home and I can't have any new inquiries.
Could possibly be a HP. I would speak with a supervisor thre and make sure you get info. on who it is if they say it will be a SP.

Be very sure they don't mention anything that sounds like they need your permission to look at your credit. Chase is very conservative and if your account is still under the 5k level they will most likely HP for any CLI request. If they ask, you can tell them it's ok where it is for now.

Have not been connected to any Chase card with less than a 5k CL and they still sometimes do a HP even with 750 FICOs and signature cards. Just a heads up.

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 15:07:03 GMT

@RyVision wrote:
@LS2982 wrote:
@Anonymous wrote:
I've had the Circuit City Chase Visa card, and when the store went out business it turned into a Chase Rewards Visa, and finally it's a Chase Freedom Visa. I recieved the card in 2008, with a CL of 2k. I never tried to request a credit line increase. If I were to try now would it be a HP or SP? I'm in the process of buying a home and I can't have any new inquiries.
Could possibly be a HP. I would speak with a supervisor thre and make sure you get info. on who it is if they say it will be a SP.
+1

Be very sure they don't mention anything that sounds like they need your permission to look at your credit. Chase is very conservative and if your account is still under the 5k level they will most likely HP for any CLI request. If they ask, you can tell them it's ok where it is for now.

Have not been connected to any Chase card with less than a 5k CL and they still sometimes do a HP even with 750 FICOs and signature cards. Just a heads up.

With the account being open for 4 years and im sure OP has tooken good care of it () they may just do a SP. Fingers crossed!

Re: Chase Freedom HP or SP

RyVision — Sun, 26 Feb 2012 15:31:59 GMT

@LS2982 wrote:
@RyVision wrote:
@LS2982 wrote:
@Anonymous wrote:
I've had the Circuit City Chase Visa card, and when the store went out business it turned into a Chase Rewards Visa, and finally it's a Chase Freedom Visa. I recieved the card in 2008, with a CL of 2k. I never tried to request a credit line increase. If I were to try now would it be a HP or SP? I'm in the process of buying a home and I can't have any new inquiries.
Could possibly be a HP. I would speak with a supervisor thre and make sure you get info. on who it is if they say it will be a SP.
+1

Be very sure they don't mention anything that sounds like they need your permission to look at your credit. Chase is very conservative and if your account is still under the 5k level they will most likely HP for any CLI request. If they ask, you can tell them it's ok where it is for now.

Have not been connected to any Chase card with less than a 5k CL and they still sometimes do a HP even with 750 FICOs and signature cards. Just a heads up.
With the account being open for 4 years and im sure OP has tooken good care of it () they may just do a SP. Fingers crossed!

The last Chase flexible (siggy) we had got an auto CLI I think within 2 years. I'm surprised they haven't done an auto CLI since 2008, that's why I'd be sure to listen for any hint of wanting to look at the persons credit for a CLI. And you're really on point about making sure to ask to "speak to someone about an increase" like a supervisor. They do seem to inform about your chances for a CLI even before mentioning the chance of a HP.

If Shawal16's scores listed above are FICO's, there is a much lesser chance for a HP though, so calling to ask about it wouldn't hurt. Like I said, Chase tends to let you know in some way before pulling.

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 15:35:41 GMT

@RyVision wrote:
@LS2982 wrote:
@RyVision wrote:
@LS2982 wrote:
@Anonymous wrote:
I've had the Circuit City Chase Visa card, and when the store went out business it turned into a Chase Rewards Visa, and finally it's a Chase Freedom Visa. I recieved the card in 2008, with a CL of 2k. I never tried to request a credit line increase. If I were to try now would it be a HP or SP? I'm in the process of buying a home and I can't have any new inquiries.
Could possibly be a HP. I would speak with a supervisor thre and make sure you get info. on who it is if they say it will be a SP.
+1

Be very sure they don't mention anything that sounds like they need your permission to look at your credit. Chase is very conservative and if your account is still under the 5k level they will most likely HP for any CLI request. If they ask, you can tell them it's ok where it is for now.

Have not been connected to any Chase card with less than a 5k CL and they still sometimes do a HP even with 750 FICOs and signature cards. Just a heads up.
With the account being open for 4 years and im sure OP has tooken good care of it () they may just do a SP. Fingers crossed!

The last Chase flexible (siggy) we had got an auto CLI I think within 2 years. I'm surprised they haven't done an auto CLI since 2008, that's why I'd be sure to listen for any hint of wanting to look at the persons credit for a CLI. And you're really on point about making sure to ask to "speak to someone about an increase" like a supervisor. They do seem to inform about your chances for a CLI even before mentioning the chance of a HP.

If Shawal16's scores listed above are FICO's, there is a much lesser chance for a HP though, so calling to ask about it wouldn't hurt. Like I said, Chase tends to let you know in some way before pulling.

Yea that is a little weird no auto-CLI in 4 years. With the OP's scores, as long as it's a SP they should be able to get a CLI (YMMV barring any high util. or baddies)

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 15:47:26 GMT

Over the last few months I've only read about one post where a customer initiated CLI didn't require a HP.

Try calling and let us know.

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 15:56:36 GMT

as a new chase freedom cardholder, i was just notified that customer-initiated CLI will be HP.

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 16:01:30 GMT

I rarely carry a balance with the card. I just get gas and some meals here and there to keep it active. But I've noticed they have decent rewards, so I thought it would use it more often. CLI isn't a big deal to me, but I would like it increased if it doesn't require a HP. But I will call.

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 16:03:04 GMT

@Anonymous wrote:
I rarely carry a balance with the card. I just get gas and some meals here and there to keep it active. But I've noticed they have decent rewards, so I thought it would use it more often. CLI isn't a big deal to me, but I would like it increased if it doesn't require a HP. But I will call.

Keep us informed on it! Hope all goes well!

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 16:03:52 GMT

@Anonymous wrote:
as a new chase freedom cardholder, i was just notified that customer-initiated CLI will be HP.

How new?

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 16:05:05 GMT

I just called and she said a credit inquiry would be necessary so I declined the CLI.

Re: Chase Freedom HP or SP

RyVision — Sun, 26 Feb 2012 16:05:12 GMT

@Anonymous wrote:
as a new chase freedom cardholder, i was just notified that customer-initiated CLI will be HP.

Yes, for new (and newish, less than a year with Chase) it would be an HP for sure 99.9% of the time. We're kind of hoping due to the OP's length of time with them it might be a SP. Though, you re-affirm they tend to tell a person about an HP before doing one (I'm guessing that was the case for you).

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 16:05:27 GMT

@Anonymous wrote:
@Anonymous wrote:
as a new chase freedom cardholder, i was just notified that customer-initiated CLI will be HP.
How new?

I would suspect that if it's 6 months or younger they would pull HP just because your so new with them.

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 16:06:26 GMT

@Anonymous wrote:
I just called and she said a credit inquiry would be necessary so I declined the CLI.

Sorry to hear

Here's to hoping for an auto-CLI for you!!! Good usage and payment history will eventually pay for you!

Re: Chase Freedom HP or SP

clocktick — Sun, 26 Feb 2012 16:06:27 GMT

Keep in mind that just because a CSR tells you it's a SP doesn't mean it is. I would wait until you close on the house.

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 16:07:18 GMT

I've been with Chase for years. So I'm not sure what the reason behind it. I could barely understand her.

Re: Chase Freedom HP or SP

Anonymous — Sun, 26 Feb 2012 16:08:10 GMT

@Anonymous wrote:
@Anonymous wrote:
as a new chase freedom cardholder, i was just notified that customer-initiated CLI will be HP.
How new?

1st statement hasnt hit

Re: Chase Freedom HP or SP

LS2982 — Sun, 26 Feb 2012 16:09:38 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
as a new chase freedom cardholder, i was just notified that customer-initiated CLI will be HP.
How new?
1st statement hasnt hit

Yea I would consider gardening this account for at least 6 months 1 year is better!

Re: Chase Freedom HP or SP

RyVision — Sun, 26 Feb 2012 16:09:42 GMT

Kind of goes in line with what I've heard and experienced, esp lately. Chase likes to HP for CLI requests but at least they usually inform you first. They are rather conservative, maybe more so in the last few years. And they don't hand out auto CLI's very often I guess.