topic Re: Question about Chase in Credit Cards

Question about Chase

Anonymous — Thu, 04 Sep 2014 16:38:48 GMT

What do they usually determine their decisions off of? obviously credit score, but do they look at history etc as well? I just want to know and better prepare myself because after im done in the garden i plan on taking a nice shower and applying for the Chase Disney and suprising my girl and her little baby girl with a 2015 Disney Cruise!!!

any info would be appreciated!!

Re: Question about Chase

Anonymous — Thu, 04 Sep 2014 16:43:43 GMT

@Anonymous wrote:
What do they usually determine their decisions off of? obviously credit score, but do they look at history etc as well? I just want to know and better prepare myself because after im done in the garden i plan on taking a nice shower and applying for the Chase Disney and suprising my girl and her little baby girl with a 2015 Disney Cruise!!!

any info would be appreciated!!

Honestly I have no idea and it seems to vary widely. When I applied for the Freedom card I had zero credit card history and my scores were 583, 624, 639. I expected an instant denial. They pulled both EX and EQ which likely means my approval was borderline but it was an approval nonetheless! From my personal experience once you have your foot in the door they are very generous with second card limits. Good luck

Re: Question about Chase

Anonymous — Thu, 04 Sep 2014 16:53:24 GMT

@Anonymous wrote:
@Anonymous wrote:
What do they usually determine their decisions off of? obviously credit score, but do they look at history etc as well? I just want to know and better prepare myself because after im done in the garden i plan on taking a nice shower and applying for the Chase Disney and suprising my girl and her little baby girl with a 2015 Disney Cruise!!!

any info would be appreciated!!
Honestly I have no idea and it seems to vary widely. When I applied for the Freedom card I had zero credit card history and my scores were 583, 624, 639. I expected an instant denial. They pulled both EX and EQ which likely means my approval was borderline but it was an approval nonetheless! From my personal experience once you have your foot in the door they are very generous with second card limits. Good luck

thanks!

Re: Question about Chase

jamesdwi — Thu, 04 Sep 2014 17:59:46 GMT

@Anonymous wrote:
What do they usually determine their decisions off of? obviously credit score, but do they look at history etc as well? I just want to know and better prepare myself because after im done in the garden i plan on taking a nice shower and applying for the Chase Disney and suprising my girl and her little baby girl with a 2015 Disney Cruise!!!

any info would be appreciated!!

unless you are talking about the "Disney Premier Visa® Card" with an AF of $49, their isn't much of a reason to get disney card unless you dream of a card with a mouse on it in your wallet . Your CS card has better rewards and will earn the trip faster. The Premier version with the AF is slightly more interesting but isn't all that great might be better to garden a bit and PC your CS to CSP if possible not familiar with the process and will probably require a HP since your CL isn't over $5k on the CS card.

Re: Question about Chase

Anonymous — Thu, 04 Sep 2014 18:04:55 GMT

thanks for the response....

Go Oregon Ducks! Fav college team EVER

Re: Question about Chase

Swapmeet — Thu, 04 Sep 2014 18:12:59 GMT

@Anonymous wrote:
thanks for the response....

Go Oregon Ducks! Fav college team EVER

Booooooooooooo....... if there is a kudos button, there should be a shame button!

Re: Question about Chase

-NewGuy- — Thu, 04 Sep 2014 18:43:39 GMT

diphendrix, as an aside, I don't know who you bank with, but if you bank with Chase you can get the Chase Disney Debit card. There is no annual fee, and you get the exact same benefits as the Chase Disney Premier card except for the rewards earning on money spent (which you can really do better with elsewhere). You get the Disney Vacations discount etc, just like the credit card. Now, if you want the actual credit card then do what's best for you, but I thought I would bring it up. We are going to WDW later this year and I got the Disney Debit for the discounts and the Character Meet and Greet, etc.

Anyway, something to think about.

Re: Question about Chase

Anonymous — Thu, 04 Sep 2014 19:14:53 GMT

@-NewGuy- wrote:
diphendrix, as an aside, I don't know who you bank with, but if you bank with Chase you can get the Chase Disney Debit card. There is no annual fee, and you get the exact same benefits as the Chase Disney Premier card except for the rewards earning on money spent (which you can really do better with elsewhere). You get the Disney Vacations discount etc, just like the credit card. Now, if you want the actual credit card then do what's best for you, but I thought I would bring it up. We are going to WDW later this year and I got the Disney Debit for the discounts and the Character Meet and Greet, etc.

Anyway, something to think about.

thanks for that info im going to look into that now!

Re: Question about Chase

-NewGuy- — Thu, 04 Sep 2014 20:43:06 GMT

@Anonymous wrote:

@-NewGuy- wrote:
diphendrix, as an aside, I don't know who you bank with, but if you bank with Chase you can get the Chase Disney Debit card. There is no annual fee, and you get the exact same benefits as the Chase Disney Premier card except for the rewards earning on money spent (which you can really do better with elsewhere). You get the Disney Vacations discount etc, just like the credit card. Now, if you want the actual credit card then do what's best for you, but I thought I would bring it up. We are going to WDW later this year and I got the Disney Debit for the discounts and the Character Meet and Greet, etc.

Anyway, something to think about.
thanks for that info im going to look into that now!

No problem. You get the same discount on disney stores, merch, etc as the credit card. You get a discount online at the disney store too. You get the discount on vacations and crusies. You get a free meet and greet at the parks especially for cardholders as well. The only differences are that the Premier has a few extra card designs and with the credit card you get 2% back at gas, grocery, restaurants, and most disney locations. However, you might as well get a Fid AMEX or Double Cash and get 2% off everywhere. Not to mention the credit card has a $49 annual fee, and the debit card is free. It's pretty awesome I think.

Now, if you simply want the credit card, I get it being a Disney lover and all. Just saying that you should check out the Debit card first before deciding.

Re: Question about Chase

chalupaman — Thu, 04 Sep 2014 21:09:40 GMT

I have the Disney debit card too. It's a pretty cool design IMO. Mine has Mickey Mouse on the front.

Anyway, I think Chase can be very fickle when it comes to new accounts, thin credit file and inquiries but not impossible to get your foot in the door with. Just might take a couple of times to get it right and especially getting a good recon person to talk to if you get denied still.

Re: Question about Chase

BluePoodle — Thu, 04 Sep 2014 22:28:46 GMT

@jamesdwi wrote:
@Anonymous wrote:
What do they usually determine their decisions off of? obviously credit score, but do they look at history etc as well? I just want to know and better prepare myself because after im done in the garden i plan on taking a nice shower and applying for the Chase Disney and suprising my girl and her little baby girl with a 2015 Disney Cruise!!!

any info would be appreciated!!
unless you are talking about the "Disney Premier Visa® Card" with an AF of $49, their isn't much of a reason to get disney card unless you dream of a card with a mouse on it in your wallet . Your CS card has better rewards and will earn the trip faster. The Premier version with the AF is slightly more interesting but isn't all that great might be better to garden a bit and PC your CS to CSP if possible not familiar with the process and will probably require a HP since your CL isn't over $5k on the CS card.

I disagree. I just got the Disney Visa card, the no AF version. If you are a Disney fan and plan to go on cruises or to DL or WDW often, then it is a worthwhile card to get. Of course you can get all of the same perks with the Chase Disney Debit card. Like private character meet & greet, shoping and dinning discounts as well as discounts to ticket event and park tours. However I got a $50 Disney gift card (using on my dec trip) and for cruises you get usually a $50 cruise credit. You get 6 months 0% free financing on using your card to book cruises and WDW vacations which you would not get with the debit card.

True, there are other cards out there that offer better rewards for sure. But I wanted "in" with Chase. I knew from reading here on the forum that first cards tend to have low limits and I didn't want or need a big limit for my Disney Chase card, so I got $2K but that will set a good history for cards I want in the future with them CSP and Freedom and I will get higher CL most likely. Also, the $2k helps my utilization overall. Lastly, the Chase Disney card is 15.24 APR so if you want a card and are getting stuck with the 22.99% then this card is a lower APR option (not that I suggest carrying a balance on them beyond the 0% financing but things do happen).

Those are my reasons. I love having Mickey in my wallet! Best luck to you whatever you decide!

BTW, I would not recommend apping unless your scores are at least in the 680's and you have 1 year of CC history reporting.

Re: Question about Chase

Anonymous — Fri, 05 Sep 2014 00:31:02 GMT

I think Chase looks at history with them as a big factor. I got a Chase Freedom 6 months ago at $500 CL, got a CLI to $2,000 3 months ago, and got approved for the Disney Premier for $4,000 CL at the same time, which was my highest at the time. Just this week I was approved for a Slate with a $600 CL, and a Sapphire Preferred with a $5,000 CL.

This is with a limited credit history, and 30+ inquires on my report, so I believe they will take history into account. I've noticed they seem to be generous with the CL on the Disney cards as well, and the APR isn't horrible.