topic First App Spree results... next steps? in Credit Cards

First App Spree results... next steps?

AlphaDawg — Thu, 02 May 2013 06:15:38 GMT

Thanks to the feedback received by enharu in my first post, I just wrapped up my first app mini spree (CC mixed with Auto Loans). As recommended, we went through the local CU and got approved for the 2 new cars for the family with turning 1 in. Before the single TU auto inquiry turned into new account(s), I decided to go after my much anticiapted CC app mini spree.

First, contacted BofA to request a CLI for my Alaska Airlines Preferred CL of 6k, have had since 2007. Used one of the BofA "back door" numbers from the forum and provided updated info. I requested CLI to 15k and after a brief hold she said the computer came back declined, but did a manual review and said it made no sense given excellent credit score and high usage and monthly payoff. She manually overrided and approved for the requested 15k and changed it to a Visa Sig!!

Hung up the phone and immediately applied for the 4 new cards I decided upon:

Amex Platinum --- Approved!!

Amex Blue Cash Preferred --- Approved (CL unk yet, but verified with Amex account was approved, info & card to arrive shortly)

Marriott Rewards Premier Visa Sig --- Approved for 11k CL

Chase Sapphire Preferred --- 30 day message (dang it!)

So my next step questions---

1. Do I wait to hear back from Chase on the Sapphire Preferred or reach out them for status? Email or call? Really want to get this one before I jump in the garden! Not sure on best next steps for highest success...

2. Does Cap One convert accounts to other types... Want to achieve a CLI on my Cap One Plat, but would prefer for it to be a Venture Rewards or something as I do not see myself using this card or the Orchard Bank $300 card now that I have the new perks cards I was approved for, but dont want to open a whole new Cap One account. Close them if I can't upgrade the Platinum?

Any other words of advice is appreciated. Thanks everyone.

Re: First App Spree results... next steps?

Anonymous — Thu, 02 May 2013 06:26:51 GMT

@Lucidfox wrote:
Thanks to the feedback received by @Anonymous in my first post, I just wrapped up my first app mini spree (CC mixed with Auto Loans). As recommended, we went through the local CU and got approved for the 2 new cars for the family with turning 1 in. Before the single TU auto inquiry turned into new account(s), I decided to go after my much anticiapted CC app mini spree.

First, contacted BofA to request a CLI for my Alaska Airlines Preferred CL of 6k, have had since 2007. Used one of the BofA "back door" numbers from the forum and provided updated info. I requested CLI to 15k and after a brief hold she said the computer came back declined, but did a manual review and said it made no sense given excellent credit score and high usage and monthly payoff. She manually overrided and approved for the requested 15k and changed it to a Visa Sig!!

Hung up the phone and immediately applied for the 4 new cards I decided upon:

Amex Platinum --- Approved!!
Amex Blue Cash Preferred --- Approved (CL unk yet, but verified with Amex account was approved, info & card to arrive shortly)
Marriott Rewards Premier Visa Sig --- Approved for 11k CL
Chase Sapphire Preferred --- 30 day message (dang it!)

So my next step questions---

1. Do I wait to hear back from Chase on the Sapphire Preferred or reach out them for status? Email or call? Really want to get this one before I jump in the garden! Not sure on best next steps for highest success...

2. Does Cap One convert accounts to other types... Want to achieve a CLI on my Cap One Plat, but would prefer for it to be a Venture Rewards or something as I do not see myself using this card or the Orchard Bank $300 card now that I have the new perks cards I was approved for, but dont want to open a whole new Cap One account. Close them if I can't upgrade the Platinum?

Any other words of advice is appreciated. Thanks everyone.

grats on your approval.

call chase recon tomorrow.

Cap One converts, but you need to contact EO for product change.

Re: First App Spree results... next steps?

09Lexie — Thu, 02 May 2013 06:28:06 GMT

Congrats! Enharu tutored you well! Call Chase using the number in the backdoor sticky. Chances are it will just be a verification call but if they are trying to deny you take control of the conversation. Be prepared to answer any questions on your cr and you'll be fine.

Have you tried to email Cap 1? They will do some PCs on most cards but I'm not sure about the Orchard Bank. Email them, shoot for everything. They will call you in a few days.

Good luck!

Re: First App Spree results... next steps?

Cageym — Thu, 02 May 2013 06:59:02 GMT

@Anonymous wrote:
@Lucidfox wrote:
Thanks to the feedback received by @Anonymous in my first post, I just wrapped up my first app mini spree (CC mixed with Auto Loans). As recommended, we went through the local CU and got approved for the 2 new cars for the family with turning 1 in. Before the single TU auto inquiry turned into new account(s), I decided to go after my much anticiapted CC app mini spree.

First, contacted BofA to request a CLI for my Alaska Airlines Preferred CL of 6k, have had since 2007. Used one of the BofA "back door" numbers from the forum and provided updated info. I requested CLI to 15k and after a brief hold she said the computer came back declined, but did a manual review and said it made no sense given excellent credit score and high usage and monthly payoff. She manually overrided and approved for the requested 15k and changed it to a Visa Sig!!

Hung up the phone and immediately applied for the 4 new cards I decided upon:

Amex Platinum --- Approved!!
Amex Blue Cash Preferred --- Approved (CL unk yet, but verified with Amex account was approved, info & card to arrive shortly)
Marriott Rewards Premier Visa Sig --- Approved for 11k CL
Chase Sapphire Preferred --- 30 day message (dang it!)

So my next step questions---

1. Do I wait to hear back from Chase on the Sapphire Preferred or reach out them for status? Email or call? Really want to get this one before I jump in the garden! Not sure on best next steps for highest success...

2. Does Cap One convert accounts to other types... Want to achieve a CLI on my Cap One Plat, but would prefer for it to be a Venture Rewards or something as I do not see myself using this card or the Orchard Bank $300 card now that I have the new perks cards I was approved for, but dont want to open a whole new Cap One account. Close them if I can't upgrade the Platinum?

Any other words of advice is appreciated. Thanks everyone.

grats on your approval.
call chase recon tomorrow.

Cap One converts, but you need to contact EO for product change.

I taked to the EO yesterday and they said they can't convert from Platinum to Venture. I guess as always YMMV. I'm still waiint on the CLI answer and I got the same rewards added that several people here are getting.

Re: First App Spree results... next steps?

Anonymous — Thu, 02 May 2013 07:37:06 GMT

@09Lexie wrote:
Congrats! Enharu tutored you well! Call Chase using the number in the backdoor sticky. Chances are it will just be a verification call but if they are trying to deny you take control of the conversation. Be prepared to answer any questions on your cr and you'll be fine.

Have you tried to email Cap 1? They will do some PCs on most cards but I'm not sure about the Orchard Bank. Email them, shoot for everything. They will call you in a few days.

Good luck!

much better and much more detailed answer than mine haha. i was on my phone so i was lazy to type lol :/

Re: First App Spree results... next steps?

09Lexie — Thu, 02 May 2013 07:57:34 GMT

@enharu

I'm just finishing up what you started! Teamwork, its what its all about.

Re: First App Spree results... next steps?

LS2982 — Thu, 02 May 2013 10:59:34 GMT

@Lucidfox wrote:
Thanks to the feedback received by @Anonymous in my first post, I just wrapped up my first app mini spree (CC mixed with Auto Loans). As recommended, we went through the local CU and got approved for the 2 new cars for the family with turning 1 in. Before the single TU auto inquiry turned into new account(s), I decided to go after my much anticiapted CC app mini spree.

First, contacted BofA to request a CLI for my Alaska Airlines Preferred CL of 6k, have had since 2007. Used one of the BofA "back door" numbers from the forum and provided updated info. I requested CLI to 15k and after a brief hold she said the computer came back declined, but did a manual review and said it made no sense given excellent credit score and high usage and monthly payoff. She manually overrided and approved for the requested 15k and changed it to a Visa Sig!!

Hung up the phone and immediately applied for the 4 new cards I decided upon:

Amex Platinum --- Approved!!
Amex Blue Cash Preferred --- Approved (CL unk yet, but verified with Amex account was approved, info & card to arrive shortly)
Marriott Rewards Premier Visa Sig --- Approved for 11k CL
Chase Sapphire Preferred --- 30 day message (dang it!)

So my next step questions---

1. Do I wait to hear back from Chase on the Sapphire Preferred or reach out them for status? Email or call? Really want to get this one before I jump in the garden! Not sure on best next steps for highest success...

2. Does Cap One convert accounts to other types... Want to achieve a CLI on my Cap One Plat, but would prefer for it to be a Venture Rewards or something as I do not see myself using this card or the Orchard Bank $300 card now that I have the new perks cards I was approved for, but dont want to open a whole new Cap One account. Close them if I can't upgrade the Platinum?

Any other words of advice is appreciated. Thanks everyone.

CONGRATS!!!

I would contact Cap1 EO (1800 955 1455). They should be able to help you!!!

Definitely call chase. Good luck!!!

It;s time to hit the garden with those new prime seedlings!!!

Re: First App Spree results... next steps?

dddewdrop — Thu, 02 May 2013 11:24:25 GMT

Congrats on everything. What range were your credit scores in when you were approved, btw? I would say the Capital One is hard to get PRed. Most find it easier to just reapply for a venture.

Re: First App Spree results... next steps?

boomhower — Thu, 02 May 2013 12:03:00 GMT

Congrats on the approvals. Definately recon with Chase. Only possible issue is if several of the apps hit the same CRA and Chase is getting scared with all the INQ's. But it sounds like your profile is strong enough to overide that. Chase is very good with recons, you should be fine.

Re: First App Spree results... next steps?

jsucool76 — Thu, 02 May 2013 14:09:54 GMT

They wont convert you to a venture unless you have a 5k cl (afaik) so what you gotta do is get your cl to at least 5k (on my phone, cant see what it is) and then ask for a pc to venture.

If your cl is already 5k,disregard that. :-P they're just being mean.

Re: First App Spree results... next steps?

youngandcreditwrthy — Thu, 02 May 2013 14:15:01 GMT

Looks like you got the best advice.
With my Chase recon, I def'ly remember having to firmly explain my creditstanding with no encouragement from Chase, but it worked out well.
3 recons=$5k Freedom!
Good luck!

Re: First App Spree results... next steps?

AlphaDawg — Thu, 02 May 2013 17:59:33 GMT

Greatly appreciate everyones input. It was asked where my scores are at. Before the auto loan inquiry and mini CC app spree, my FICOs were:

EXP: 796

TU: 787

EQ: 746

I have one 30 day late from 2007 on all 3. I also have a $28 medical collection from 2009 that was supposed to be a pay to remove, but EQ never dropped it. I reached out to the coll agency last week with a GW request to removefrom EQ. I haven't heard back yet. My overall goal is to break the 800 mark, but I know that is a ways out now with the definite score hits coming with new accounts and inquries!

I just spoke with Chase Recon for quite a while and got probably the most honest analyst from a lender I've ever spoken too. He stated that my credit scores & report looked excellent (pointed out the small negatives above but said those were fine). He stated that they would not be able to approve the Chase Sapphire Preferred because they (Chase) just issued me the Marriott Rewards Premier for $11,000. He stated that because it was the card with the largest CL on my report, he suggested 6 months + of usage and timely payments consistent with my report and then reapply. I firmly conveyed my point, but again went back to the fact my next closest card CL is $6,000 on my report (it is now $15,000 after the increase from the other day). He even said that the inquires were not a concern...

So I guess I will pull up a chair in the garden and shoot for the 3x CLI on the new Amex Blue Cash Preferred?? The 3x CLI works with Amex Blue Cash Preferred I am assuming.

---- Funny timing, UPS just showed up at my door with my new Amex Platinum! ----

Thanks everyone