topic Re: Should I expect any AA from Chase? in Credit Cards

Should I expect any AA from Chase?

ilovelisa — Thu, 22 Aug 2013 14:19:01 GMT

So in the past two days I've been approved for

Freedom-$5000

CS $5000

CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?

Re: Should I expect any AA from Chase?

Burned2manybridgesB4 — Thu, 22 Aug 2013 14:24:48 GMT

@ilovelisa wrote:
So in the past two days I've been approved for
Freedom-$5000
CS $5000
CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?

If the total age of your plastic is under a year....Yeah, worry.

If your oldest account is "old," and you're established, I'd say you're safe, unless there are high balances floating.

Re: Should I expect any AA from Chase?

takeshi74 — Thu, 22 Aug 2013 14:26:59 GMT

Impossible to say with the info provided. For some it wouldn't be an issue. For others it could be. Credit differs from person to person.

Chase has an internal limit and they're only going to extend the credit that they're willing to offer you.

Re: Should I expect any AA from Chase?

ilovelisa — Thu, 22 Aug 2013 14:26:48 GMT

@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
So in the past two days I've been approved for
Freedom-$5000
CS $5000
CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?
If the total age of your plastic is under a year....Yeah, worry.

If your oldest account is "old," and you're established, I'd say you're safe, unless there are high balances floating.

My oldest account is my Cap1 Journey at 2 1/2 years, the average age of all accounts is probably 7 months. I do sometimes let small balances report but always PIF.

Re: Should I expect any AA from Chase?

Burned2manybridgesB4 — Thu, 22 Aug 2013 14:27:35 GMT

@ilovelisa wrote:
@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
So in the past two days I've been approved for
Freedom-$5000
CS $5000
CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?
If the total age of your plastic is under a year....Yeah, worry.

If your oldest account is "old," and you're established, I'd say you're safe, unless there are high balances floating.
My oldest account is my Cap1 Journey at 2 1/2 years, the average age of all accounts is probably 7 months. I do sometimes let small balances report but always PIF.

Worry.

Re: Should I expect any AA from Chase?

Burned2manybridgesB4 — Thu, 22 Aug 2013 14:28:51 GMT

@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
So in the past two days I've been approved for
Freedom-$5000
CS $5000
CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?
If the total age of your plastic is under a year....Yeah, worry.

If your oldest account is "old," and you're established, I'd say you're safe, unless there are high balances floating.
My oldest account is my Cap1 Journey at 2 1/2 years, the average age of all accounts is probably 7 months. I do sometimes let small balances report but always PIF.
Worry.

ERTs...where are you all? Got someone for the garden!!!

Re: Should I expect any AA from Chase?

Burned2manybridgesB4 — Thu, 22 Aug 2013 14:30:21 GMT

Being serious for a moment, my oldest is almost eighteen years, and I've pulled something similar with three TLs in the past few weeks. I'm even thinking I'd deserve AA right about now.

Re: Should I expect any AA from Chase?

navigatethis12 — Thu, 22 Aug 2013 14:41:20 GMT

I was approved for 42000 with them in two days, not counting 10000 that I recieved about two weeks befoe I applied for the two cards. I haven't experienced anything from them. I was approved by their system though and not a human, so who knows. I don't think you have anything to worry about. The oldest card I have is three years and average age of accounts is one year or less I believe. I've added over 200,000 in credit over the course of 20 months and I haven't had any negative experiences with anyone.

Re: Should I expect any AA from Chase?

Burned2manybridgesB4 — Thu, 22 Aug 2013 14:46:02 GMT

@navigatethis12 wrote:
I was approved for 42000 with them in two days, not counting 10000 that I recieved about two weeks befoe I applied for the two cards. I haven't experienced anything from them. I was approved by their system though and not a human, so who knows. I don't think you have anything to worry about. The oldest card I have is three years and average age of accounts is one year or less I believe. I've added over 200,000 in credit over the course of 20 months and I haven't had any negative experiences with anyone.

When we going shopping?

Re: Should I expect any AA from Chase?

navigatethis12 — Thu, 22 Aug 2013 15:55:21 GMT

@Burned2manybridgesB4 wrote:
@navigatethis12 wrote:
I was approved for 42000 with them in two days, not counting 10000 that I recieved about two weeks befoe I applied for the two cards. I haven't experienced anything from them. I was approved by their system though and not a human, so who knows. I don't think you have anything to worry about. The oldest card I have is three years and average age of accounts is one year or less I believe. I've added over 200,000 in credit over the course of 20 months and I haven't had any negative experiences with anyone.
When we going shopping?

LOL. I'll check the schedule.

Re: Should I expect any AA from Chase?

09Lexie — Thu, 22 Aug 2013 16:02:12 GMT

I think the issue with OP is the overall profile. I'm still not clear on why open 3accts with one lender and then immediately worry about AA?

As before, I wish you well but you remember why you were in the garden.

Re: Should I expect any AA from Chase?

FinStar — Thu, 22 Aug 2013 16:24:24 GMT

@09Lexie wrote:
I think the issue with OP is the overall profile. I'm still not clear on why open 3accts with one lender and then immediately worry about AA?

As before, I wish you well but you remember why you were in the garden.

Couldn't agree with you more on this Lexie!

OP - here's some food (or visual) for thought

Re: Should I expect any AA from Chase?

myjourney — Thu, 22 Aug 2013 22:53:02 GMT

@Burned2manybridgesB4 wrote:
@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
So in the past two days I've been approved for
Freedom-$5000
CS $5000
CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?
If the total age of your plastic is under a year....Yeah, worry.

If your oldest account is "old," and you're established, I'd say you're safe, unless there are high balances floating.
My oldest account is my Cap1 Journey at 2 1/2 years, the average age of all accounts is probably 7 months. I do sometimes let small balances report but always PIF.
Worry.
ERTs...where are you all? Got someone for the garden!!!

ERT's gave up

I wish ilovelisa the best but to be honest yes expect repercussions from all lenders

Re: Should I expect any AA from Chase?

ezdoesit — Thu, 22 Aug 2013 23:05:47 GMT

I don't see a need to worry you applied and got approved at the same bank so they know the cc's they gave you. Not like it was a app spree where all your CL wouldn't report just the inqs.

I still don't understand why you would apply for both the cs and csp. Freedom CSP combo definitely.

The only thing that is possible is if the other ccc don't think your income supports your credit limits and that to is saying that they sp you to check.

Re: Should I expect any AA from Chase?

09Lexie — Thu, 22 Aug 2013 23:09:24 GMT

@ezdoesit

OP, is one of my 'special' members. Some of the other members remember why ilovelisa is supposed to be gardening,...till next year.

Re: Should I expect any AA from Chase?

toppers555 — Thu, 22 Aug 2013 23:20:14 GMT

oh I remember.

I am just a bit worried especially since she appiled for another card not mention in this thread.

Re: Should I expect any AA from Chase?

ezdoesit — Thu, 22 Aug 2013 23:28:47 GMT

@09Lexie wrote:
@ezdoesit

OP, is one of my 'special' members. Some of the other members remember why ilovelisa is supposed to be gardening,...till next year.

I was unaware, but of course good luck to her hopefully after this she gardens til next year.

Re: Should I expect any AA from Chase?

Luscher — Fri, 23 Aug 2013 00:31:57 GMT

i think if the computer of all things approved you without having to call in and recon than your fine. the computer hates back to back apps. not to mention back to back to back. and all approved! congrats

Re: Should I expect any AA from Chase?

Rhaeny — Fri, 23 Aug 2013 00:43:46 GMT

@ilovelisa wrote:
@Burned2manybridgesB4 wrote:
@ilovelisa wrote:
So in the past two days I've been approved for
Freedom-$5000
CS $5000
CSP $5000

Should I expect any account closures or CLD from getting 15000 in new credit from chase in 2 days?
If the total age of your plastic is under a year....Yeah, worry.

If your oldest account is "old," and you're established, I'd say you're safe, unless there are high balances floating.
My oldest account is my Cap1 Journey at 2 1/2 years, the average age of all accounts is probably 7 months. I do sometimes let small balances report but always PIF.

Well, congratulations on this last trio!

But with what you just said AND the number of inquiries, I'm not certain that this will go in your favor. If you can lay low for a while and not make any big purchases that raise your utilization AND not apply for anything else for at least a year, you might be able to slide by. But this is thin ice you're treading on IMO.

I think you should freeze your reports and throw away the codes so that when, and I say when just based on what you've posted here in this forum, that urge hits you again that you are prevented from apping. Honestly that is probably the best solution because you really have a nice line up of cards that can grow with you if you let them.

Self control is not in the cards for you at this moment. I don't say that to sound harsh but it is obvious. Plus I've been there before too so I know the feeling. If I could start it all over again I have a bunch of cards that I would have never opened. But it's something about apping and seeing the "Approved" words on the screen that can and will, if you let it, get addictive.

So gl with your new set of cards and head over to the garden and stay there.

Re: Should I expect any AA from Chase?

Anonymous — Fri, 23 Aug 2013 00:56:56 GMT

Lisa- If I remember correctly, you a have a ton of inquiries. If chase wasn't spooked by that and still approved you I don't think you have to worry about aa from them. What I would be more concerned about is aa from other lenders due to high inquiries, and relatively low aaoa.