topic Re: OMG CHASE FREEDOM INSTANT APPROVAL in Credit Cards

OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 13:09:13 GMT

just got a walmart card yesterday. seen that chase pulls EX for the most part or EQ on credit boards. EX is my best report by far and they approved me but didnt say what the cl is. is chase freedom considered a prime card? should I try for the saphire today aswell just to see if im approved or will it be another hard inq. thanks mike

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Anonymous — Fri, 14 Sep 2012 13:19:17 GMT

I think 2 applications is usually 2 hard pulls with Chase and perhaps on a different report, but I reckon YMMV. Based on your wallet though, I don't think you stand much of a chance on the Sapphire. That card requires a $5K plus limit, so they like to see experience with limits atleast close to that, though it's not always a deal breaker. Call Chase's app status line and find out the limit they gave your Freedom card, that should give you an idea about what kind of credit they will extend you at this time.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 13:26:03 GMT

I just called its a 500 cl does chase do CLI? If so how often thanks mike

Re: OMG CHASE FREEDOM INSTANT APPROVAL

maiden_girl — Fri, 14 Sep 2012 13:28:11 GMT

CONGRATS on the approval! I agree with the other poster...your chances of getting a sapphire card are slim due to your limited history. You should just wait a bit since you've already gotten the freedom card. I do believe applying for chase again for a different card would definitely be another hard pull.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 13:39:29 GMT

Time to enter the garden I am defiantly happy with how far I have came this year. Time to let some of these INQ fall off. I have plenty of them now LOL. But I accomplished my goal of getting atleast 1 prime card with no annual fee. Now I just need to relax and let these card work for me. Thanks to everyone that provided information that helped me accomplish my goals.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Tommy5746 — Fri, 14 Sep 2012 13:44:34 GMT

Just out of curiousty, who did they pull?

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 13:48:06 GMT

Not sure yet but will post prob tomorrow when I check usaa

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Anonymous — Fri, 14 Sep 2012 13:50:24 GMT

Congrats

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 14:11:44 GMT

thanks

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Anonymous — Fri, 14 Sep 2012 15:23:42 GMT

Congrats. How old is your oldest Credit card ?

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 15:57:05 GMT

2 months capitol one. just tried to get the to drop the annual fee of 19.00 through live chat but they wont budge. im wondering if i should just cancel it now that i have a prime card

Re: OMG CHASE FREEDOM INSTANT APPROVAL

DeadSpider — Fri, 14 Sep 2012 16:56:50 GMT

Call Cap1 again and cancel over the phone they might drop the $19 if not close that $%$%#^.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

maiden_girl — Fri, 14 Sep 2012 17:46:07 GMT

@DeadSpider wrote:
Call Cap1 again and cancel over the phone they might drop the $19 if not close that $%$%#^.

It sounds like cap one is the oldest trade line account. I wouldn't advise canceling it b/c it will drop your AAoAs. I would keep it open and just not use it. Cap one never gives CLIs...

Re: OMG CHASE FREEDOM INSTANT APPROVAL

migliogiorni — Fri, 14 Sep 2012 17:52:15 GMT

Nice card to have love my Freedom over Discover. Like the previous poster said if it's your oldest account keep it if you can afford it, if not drop them if they don't drop my anual fee I will drop them in December, GL.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Anonymous — Fri, 14 Sep 2012 19:06:07 GMT

Chase, is in the giving mood. I just got me a Sapphire preferred visa sig this week. I just got the Chase Southwest RR about 7 months ago.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

jamesdwi — Fri, 14 Sep 2012 19:47:32 GMT

@maiden_girl wrote:
@DeadSpider wrote:
Call Cap1 again and cancel over the phone they might drop the $19 if not close that $%$%#^.
It sounds like cap one is the oldest trade line account. I wouldn't advise canceling it b/c it will drop your AAoAs. I would keep it open and just not use it. Cap one never gives CLIs...

this is wrong, closed cards in good standing stay on your report for 10 years. in 10 years the OP will hopefully have long history so the lost of the card then will have very little impact. The only reason not to close a card is that it will effect your total UTL.

The AF is not terrible, if you don't need the card close it, if you can think of any reason to keep it that is worth $20 keep it open.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 19:51:54 GMT

talked it over with my wife and i guess ill keep the cap1 account open but at 24.99% and $19 a year definatly not going to use it but once every 3 months or so just to keep them from canceling it. does any one know how long it takes them to cancel for non use. if i use it once every 6 months is that enough to keep it open. my uitl. is only 6% and now lower b/c of the walmart card and new freedom card. also the balance on the cap one card is ready to be payed as soon as the charge hits it from 2 days ago $34 from carryout lol than it will be payed off to $0. thanks mike

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Anonymous — Fri, 14 Sep 2012 20:09:07 GMT

you generally wanna space your Chase apps by at least 30 days...you will almost always get a pending decision if you apply within 30 days

Re: OMG CHASE FREEDOM INSTANT APPROVAL

Anonymous — Fri, 14 Sep 2012 20:17:38 GMT

I'm not positive, but I think Capitol One has said they don't close inactive accounts. I once had a Capitol One account that I hadn't used for 10 months before I closed it.

Re: OMG CHASE FREEDOM INSTANT APPROVAL

ninjamike81 — Fri, 14 Sep 2012 20:45:11 GMT

thanks for the info koop i guess its sock drawer time for cap 1