topic Re: New App Time - What to App for my Wife and Me in Credit Cards

New App Time - What to App for my Wife and Me

Anonymous — Thu, 18 Sep 2014 16:31:38 GMT

Ok, So I've been going over a year now, and have had good success in getting some decent lines. My wife finally has a social, and we are looking to get her history started. She is an authorised user on all my lines, all accounts are reporting, and I've optimised util to around 10% so that she can apply. AMEX date is locked in so that she can get a year headstart by applying for her first AMEX in January.

Running her through the Prequals - I was staggered to see she has a Prequal for a CSP! (and I'm grumpy cause that only started showing for me a month or two ago). We hold an account with Chase and put a fair bit through it, and have held the Freedom since July last year. She also has a prequal for a Freedom, so was figuring it would probably be a safer starting point (also, as I'm going for the CSP at the end of this month - we would have to do alot to meet our signup bonuses, which we don't want). She has also been bombarded by Cap One (the Quicksilver 1.5% with no annual fee) but we don't want to support that business, and Discover (though I am holding out hope that she gets a 150$ signup soon).

Would be interested in peoples thoughts - with our relationship with Chase I think we won't have a problem with that front getting her foot in the door.

Now for myself - I'm six months post prior applications, but only one of those shows as a new account (no longer as of 26th Sept at 6 months age) - as I backdated the Amex EDP. Have 2 lines in excess of 6k, 18k total credit, AAoA 2yrs 5 months, Oldest 3yrs 7 months. Inqs are what is killing me at the moment - 3 pulls on experian in the past year, 7 in the past 2. (one is utilities). TU inqs is 3. Scores are in the 750+ range I believe.

I want to apply for the CSP, so what are peoples thoughts on that, secondly, I wanted another travel card to rack up some miles in the AA/US Air market, so was looking to get a second Barclay card (a US Airways MC I think). I think probably two new accounts is enough for this year, so welcome others input.

Re: New App Time - What to App for my Wife and Me

Closingracer99 — Thu, 18 Sep 2014 16:33:06 GMT

First off If she is pre-qualified for the CSP the Chase Pre-qualifieds are pretty solid so i would go for it as long as income can support it.

Re: New App Time - What to App for my Wife and Me

daybreakgonesXe — Thu, 18 Sep 2014 16:44:28 GMT

Hey tornadoguy! Long time, no see!

I agree with closing, if your wife has a preapproval through Chase she is solid with that card.

You also should be good to go with CSP; make sure to go through the prequal as well. I've app'd for Chase with a few inquiries before and have gotten through just fine. I haven't been up with all the airfare cards, but I'm sure a few other members who are well versed will be chiming in shortly.

Good luck to you and your wife!

Re: New App Time - What to App for my Wife and Me

Anonymous — Thu, 18 Sep 2014 19:29:38 GMT

Thanks for the suggestion Closing.

Indeed a long time no see daybreak - been trying to stay away from the site to keep the fingers from getting itchy (and not spending too much time looking at cards). Fortunatley i've got a prequal for most of what chase has available, including the CSP (finally!). I want the US Air to grab the bonus before the card disappears next year, and the perks on the airline would outweigh the annual fee - it also only requires first purchase to pick up the 40k -so thats going for it (and will be merged to AA miles next year if I don't use before).

Only query there is in terms of financial info, does chase require her to have an appreciable income, or can she use mine/savings as that in addition to hers. The reason I ask is she has only recently started some part time work from home, and hence doesn't have alot of salary to speak of, or a tax statement to the effect. Our biggest problem would probably be making the spend req on two CSPs....our full monthly spend is only ~2k (except when Im travelling), so would cause me to lose on the other point earning bonuses if we had to manage two. I think we might put her on a Freedom to start - not hard to meet $500 with the quarters, still a good grade of card. Do people think only one card would be a good idea? Or should I try her on something else as well? She is Inq free.

Re: New App Time - What to App for my Wife and Me

daybreakgonesXe — Thu, 18 Sep 2014 19:51:43 GMT

I understand, I just recently app'd for a card last night after getting my silver and I was trying to go for platinum

I think your wife should go for what she feels comfortable with. If she's good with one card, let her use that for 6 months until she's ready for another. She can also use your income as well as her other sources of income as long as she has "reasonable access" to it!

Chase is more open than AMEX in case they need verification of income, so she will be fine.

Good luck!

Re: New App Time - What to App for my Wife and Me

Anonymous — Tue, 23 Sep 2014 21:52:46 GMT

So we apped for her online and no instant, got directed to the identity verification line. Initially they seemed like they were going to decline as all she had were authorised user accounts on her report, but after mentioning we have a checking account with Chase, they then proceeded to ask that we mail in or fax in SSN and address verification. So have gone and done that now, fingers crossed that everything works out and she gets her foot in the door. Still find it funny that they have her preapproved for a CSP, Freedom and Slate (which are different to my preapprovals, so work that out). Even if its a toy limit the advantage to starting with chase is immense, so fingers crossed.

Re: New App Time - What to App for my Wife and Me

Anonymous — Tue, 23 Sep 2014 22:01:54 GMT

@Anonymous wrote:
So we apped for her online and no instant, got directed to the identity verification line. Initially they seemed like they were going to decline as all she had were authorised user accounts on her report, but after mentioning we have a checking account with Chase, they then proceeded to ask that we mail in or fax in SSN and address verification. So have gone and done that now, fingers crossed that everything works out and she gets her foot in the door. Still find it funny that they have her preapproved for a CSP, Freedom and Slate (which are different to my preapprovals, so work that out). Even if its a toy limit the advantage to starting with chase is immense, so fingers crossed.

Good luck to her! I'm sure she will be fine.

Re: New App Time - What to App for my Wife and Me

b_diddy — Tue, 23 Sep 2014 22:10:46 GMT

@Anonymous wrote:
So we apped for her online and no instant, got directed to the identity verification line. Initially they seemed like they were going to decline as all she had were authorised user accounts on her report, but after mentioning we have a checking account with Chase, they then proceeded to ask that we mail in or fax in SSN and address verification. So have gone and done that now, fingers crossed that everything works out and she gets her foot in the door. Still find it funny that they have her preapproved for a CSP, Freedom and Slate (which are different to my preapprovals, so work that out). Even if its a toy limit the advantage to starting with chase is immense, so fingers crossed.

Crossed with you ... looks promising. Good luck!

Re: New App Time - What to App for my Wife and Me

Anonymous — Thu, 25 Sep 2014 15:50:55 GMT

Right, Applying tomorrow morning for my new cards...the only question, which order.

Do I apply for Chase first then Barclays US Airways, or the other way round?

Re: New App Time - What to App for my Wife and Me

coldnmn — Thu, 25 Sep 2014 16:01:06 GMT

If you had pre approval from Chase I would do Barclay first. With only those two inquiries it may not make a difference. Good Luck to the both of you!

Re: New App Time - What to App for my Wife and Me

Anonymous — Wed, 01 Oct 2014 00:41:33 GMT

So just an update, was sucessful on all counts, I managed a CSP with a 12k line - sneaky double pull on TU and EX, called in for personal detail verification to get it approved. Also got a US airways WMC with a 2.5k line, barclays were cautious given they were currently my largest line despite great history.

Then it came to the wife. Sent in verification, took a long time in review tonight through the recon analyst, but eventually she was approved for her first CC, a Chase Freedom with a $500 toy limit. All good though - I fully expected her to only get a small limit like I did originally with no history, so happy to have her starting her history, and a nice $100 signup bonus and $50 referral bonus for me. To make her happier once her credit was dealt with I put her on as an Authorized user on the CSP - and that made her feel cuter after holding mine. Love the customer service and fact they were happy to expedite it in a day .

Really love the card. Only thing that remains is decide whether I should make my freedom a Visa Siggy...its past the 13 month requirement, and would only require 3k to reach a 5k line...but I kind of want the sapphire preferred at 10k for the fun of it. Maybe make the freedom a 4k...