topic Re: Question about Chase 2-Card Denial in Credit Cards

Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:02:12 GMT

So, I applied for the CSP last night... probably against my best wishes (I was/am in the garden!). Well, I was declined, and when I called to recon, the gentleman said that it's because I've recently been approved for two Chase cards and there was a "maximum" amount of Chase cards within a two month period. I tried to recon again, and got the same answer, and the guy suggested I build history with them (which, thanks to this forum, I know very well what he speaks of).

Interestingly enough, I didn't get an alert on CS nor on my AMEX Credit Secure for my Experian report. I think they didn't even pull the report, b/c the system recognized that and declined it before they could pull it. I am not going to try my luck again and recon, since I don't want the HP, and I'm going to cut my losses. But my question -- is this a possibility? This has happened before... when I apped for the Freedom, a couple of weeks after the Chase Amazon Visa, they used the same report to approve me -- they didn't pull another.

What say you?

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:26:44 GMT

That's interesting you got a 2 card denial. I app'd for a Freedom and CSP in the same day, then 2 weeks later app'd for the United Mileageplus. I think the Freedom/CSP was on the same pull, but the United was a separate. I was approved for all 3, but i wonder if that's because the United is a co-branded card?

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:31:05 GMT

@Anonymous wrote:
That's interesting you got a 2 card denial. I app'd for a Freedom and CSP in the same day, then 2 weeks later app'd for the United Mileageplus. I think the Freedom/CSP was on the same pull, but the United was a separate. I was approved for all 3, but i wonder if that's because the United is a co-branded card?

Yup. The guy even said that it wasn't a reflection of my creditworthiness, but rather that internal policy.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:35:24 GMT

@Anonymous wrote:
@Anonymous wrote:
That's interesting you got a 2 card denial. I app'd for a Freedom and CSP in the same day, then 2 weeks later app'd for the United Mileageplus. I think the Freedom/CSP was on the same pull, but the United was a separate. I was approved for all 3, but i wonder if that's because the United is a co-branded card?
Yup. The guy even said that it wasn't a reflection of my creditworthiness, but rather that internal policy.

The amazon visa is also co-branded, no?

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:37:23 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
That's interesting you got a 2 card denial. I app'd for a Freedom and CSP in the same day, then 2 weeks later app'd for the United Mileageplus. I think the Freedom/CSP was on the same pull, but the United was a separate. I was approved for all 3, but i wonder if that's because the United is a co-branded card?
Yup. The guy even said that it wasn't a reflection of my creditworthiness, but rather that internal policy.
The amazon visa is also co-branded, no?

Yeah, it is, which is why it's weird... if I had a chance I would recon, but not sure on my odds at this point.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:48:17 GMT

It may be their policy based on no prior relationship with them. If you didn't get a HP (You may want to check your other two reports besides experian to make sure) than you should just wait 6 months and apply. Would probably get you a higher beginning CL than reconning now would.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:49:43 GMT

@Anonymous wrote:
It may be their policy based on no prior relationship with them. If you didn't get a HP (You may want to check your other two reports besides experian to make sure) than you should just wait 6 months and apply. Would probably get you a higher beginning CL than reconning now would.

Yeah, that's what I'm thinking. I was in the garden already, anyways, LOL.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 16:50:11 GMT

HPs show up immediately, right?

Re: Question about Chase 2-Card Denial

HiLine — Tue, 04 Jun 2013 19:22:03 GMT

@Anonymous wrote:
HPs show up immediately, right?

Usually within a day.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:00:36 GMT

HP shows up immediately with the CRAs, but can take up to 72 hours (or longer for certain services) to show up on credit monitoring services.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:06:41 GMT

@Anonymous wrote:
HP shows up immediately with the CRAs, but can take up to 72 hours (or longer for certain services) to show up on credit monitoring services.

Well If I'm going to get the HP, I might as well call them again, but I don't think it's going to work. lol.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:10:30 GMT

But if I were to pull the report right now, it would show up, correct?

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:15:47 GMT

Rather than to pay for a report right now, I think your best bet is to call recon and ask if they pulled and if they did, what bureau did they pull from. Could also try appealing the decision too while you are at it

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:19:49 GMT

Well, I have AMEX CS, so it would pull one of the reports for me (I have two more "pulls" remaining in June, so I could use one).

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:50:30 GMT

Well just spoke to them again. They pulled EXP, and said both my income won't support it and too many Chase accounts opened recently. Oopsie. One INQ won't hurt that much. Will reapply again when I un-garden! Thanks all!

Ace

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:53:10 GMT

Well give it a couple months and everything should be fine. Best of luck!

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:54:50 GMT

@Anonymous wrote:
Well give it a couple months and everything should be fine. Best of luck!

Yup! Wish I didn't apply, but I'm the type that has to be told directly "no" lol. But I will be ready, come Christmas-time!

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:56:04 GMT

I'm very tempted to apply for the explorer card too lol. Still debating whether I should.

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:56:42 GMT

Well, depends on when you got your last Chase card. Your limits seem sufficient, just depends on that and possibly income/previous relationship?

Re: Question about Chase 2-Card Denial

Anonymous — Tue, 04 Jun 2013 21:57:56 GMT

Do you usally fly United?