Chase Ink Business RECON

Creditnewbie007 · ‎06-12-2023

Hi all,

I recently applied for a Chase Ink Business Card. I got the 7-10 days and called in and was told it was denied. They transfered my to RECON and spoke to a super nice guy who asked a bunch of questions. Put me on hold and said he couldnt get an instant approval but will write a letter to try to push it through. Had 2 Charge-offs during the pandemic and also explained that when he asked.

Has anyone else had a recon that didn't have an instant decision?

What do you think my chances are?

Thanks

SouthJamaica · ‎06-12-2023

@Creditnewbie007 wrote:
Hi all,

I recently applied for a Chase Ink Business Card. I got the 7-10 days and called in and was told it was denied. They transfered my to RECON and spoke to a super nice guy who asked a bunch of questions. Put me on hold and said he couldnt get an instant approval but will write a letter to try to push it through. Had 2 Charge-offs during the pandemic and also explained that when he asked.

Has anyone else had a recon that didn't have an instant decision?
What do you think my chances are?

Thanks

Welcome to the forum.

Sorry I don't have experience with that, but wanted to mention that you should ask a moderator to move this thread to "Business Credit".

Unify FCU Platinum Visa Variable Rate 35k

TD Bank Business Solutions Visa (Bus) 23700

FNBO Evergreen Business Edition Visa (Bus) 20k

Liberty (formerly Evansville Teachers) FCU Platinum Prime Plus MC 15k

US Bank Triple Cash Rewards Visa (Bus) 12k

Geo-fenced credit union Platinum Visa 10500

Members 1st FCU Low Rate Platinum Visa 5k

PLOC: Langley FCU 40k; Penfed CU 15k; NFCU 15k; Teachers FCU 15k; Affinity FCU 10k. BLOC: NFCU 5k

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

drewricomakeubu · ‎06-12-2023

@Creditnewbie007 wrote:
Hi all,

I recently applied for a Chase Ink Business Card. I got the 7-10 days and called in and was told it was denied. They transfered my to RECON and spoke to a super nice guy who asked a bunch of questions. Put me on hold and said he couldnt get an instant approval but will write a letter to try to push it through. Had 2 Charge-offs during the pandemic and also explained that when he asked.

Has anyone else had a recon that didn't have an instant decision?
What do you think my chances are?

Thanks

Don't hold me to this but I don't think you have a great chance unfortunately. Keep trying recons but from what I understand Chase isn't very derog friendly.

Current FICO 8: TU: 814 EX: 774 EQ: 806
Current Cards:
Chase Freedom $800, Chase Ink Unlimited $12,500, American Express BCP: $12,000, Chase Sapphire Preferred $17,100, Blue Business Plus $10,000, Chase Ink Cash $12,00, Capital One Venture X $19,000, Amazon Prime Amex $9,000, Chase Freedom Unlimited $6,000, U.S. Bank Business Triple Cash Rewards $3,000, Amex Hilton Honors Business $17,500
Chase Ink Preferred $16,000
Capital One Savor $7,000

Tour Manager, FOH Engineer, Concert Promoter, HBIC

Creditnewbie007 · ‎06-12-2023

Thank you for your opinion. I was also thinking the same thing

jcooks · ‎06-21-2023

Any update on this? I applied for my first Chase business card, was isntantly denied. Called recon and they said I had a charge off payment in 2018 regarding Chase. The charge off was nearly 10 years ago though, but paid for less to settle even after it was about to fall off statute of limitations. Since then, I've been approved for several personal Chase cards after calling reconsideration on my first card back with Chase. All others after were instant approvals.