Excited to share that today at around midnight I applied for the CIU because I was really excited to finally be under 5/24. Well, my application went pending and I had every intention to call the business reconsideration line and push for an approval first thing in the morning. First thing this morning, I log into my Chase app only to be met with a denial:
Denial Reasons:
- Delinquency or other derog relationship with our bank (14 years ago when I didn't know any better I had a Chase Slate that was charged off. Chase has a long memory FYI)
- Limited business credit experience (Former 6-year sole prop turned LLC and I expected this)
- Business too new (Same as above)
- Length of time since the oldest credit card was opened is too short (True but not a deal-breaker)
I called business reconsideration (1-877-882-1890) and was asked the following questions about my business: [10-minute call]
- 2021 revenue
- 2021 profit
- 2020 revenue
- 2020 profit
- nature of my business
- how long I have been in business
- why do I want another card
- rent/mortgage
- income
- past derog/charge off
They acknowledged my past mistake and mentioned that my existing relationship trumps this as well as my existing Ink Cash relationship. I was then told to call the verification department at 1-888-204-8630 [5-minute call] to finish the process and I was approved for an initial SL of $3,000. Due to Chase's auto CLI luv of my Ink Cash from $5,000 to $11,500, I transferred over $2,500 to help with the minimum spend for the next 92 days.
As always, see my personal DPs below, HTH. GL!
DP:
Banking Relationship:
- Checking Account (Sept 2019)
AT THE TIME OF APP
5/24 Status: 4/24
EX INQ: 2 (6 Months); 3 (12 Months)
EX Accounts: 1 (6 Months); 1 (12 Months)
EX FICO 3: 763 (Card Acquisition Risk Score V3)
UTL: 4%
FICO 8 CS: EX 752, EQ 766, TU 750
AAoA: 5 years, 10 months
AoOA: 14 years, 7 months
Income: $75K - $84K
Current CC:
1. Discover It Cash Back, $6,000 CL, opened 12/2019
2. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
3. Chase Freedom, $1,000 CL, opened 10/2020
4. Business AAdvantage, $11,000 CL, opened 3/2021
5. Business Gold, No Pre-Set Spending Limit, opened 4/2021
6. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
7. Amazon Business Prime, $1,000 CL, opened 5/2021
8. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
9. Marriott Bonvoy Business, $8,300 CL, opened 8/2021
10. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
11. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
12. Chase Ink Business Cash, $9,000 CL, opened 9/2021
13. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
14. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
15. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
16. Hilton Business, $3,000 CL, opened 2/2022
17. Schwab Platinum, No Pre-Set Spending Limit, opened 2/2022
18. Business Platinum, No Pre-Set Spending Limit, opened 3/2022
19. Chase Ink Business Unlimited, $5,500 CL, opened 4/2022
That's a great story! Way to go and big congrats on the well earned approval! You're a star.
Thanks for the data points and enjoy the sub. 
@ultimaterewardsguy357 wrote:Excited to share that today at around midnight I applied for the CIU because I was really excited to finally be under 5/24. Well, my application went pending and I had every intention to call the business reconsideration line and push for an approval first thing in the morning. First thing this morning, I log into my Chase app only to be met with a denial:Denial Reasons:- Delinquency or other derog relationship with our bank (14 years ago when I didn't know any better I had a Chase Slate that was charged off. Chase has a long memory FYI)- Limited business credit experience (Former 6-year sole prop turned LLC and I expected this)- Business too new (Same as above)- Length of time since the oldest credit card was opened is too short (True but not a deal-breaker)I called reconsideration and was questions about my business:- 2021 revenue- 2021 profit- 2020 revenue- 2020 profit- nature of my business- how long I have been in business- why do I want another card- rent/mortgage- income- past derog/charge offThey acknowledged my past mistake and mentioned that my existing relationship trumps this as well as my existing Ink Cash relationship. I was then told to call verification to finish the process and I was approved for an initial SL of $3,000. Due to Chase auto CLI of my Ink Cash from $5,000 to $11,500, I transferred over $2,500 to help with the minimum spend for the next 92 days.As always, see my personal DPs below, HTH. GL!
DP:
Banking Relationship:
- Checking Account (Sept 2019)
AT THE TIME OF APP
5/24 Status: 4/24
EX INQ: 2 (6 Months); 3 (12 Months)
EX Accounts: 1 (6 Months); 1 (12 Months)
EX FICO 3: 763 (Card Acquisition Risk Score V3)
UTL: 4%
FICO 8 CS: EX 752, EQ 766, TU 750
AAoA: 5 years, 10 months
AoOA: 14 years, 7 months
Income: $75K - $84K
Current CC:
1. Discover It Cash Back, $6,000 CL, opened 12/2019
2. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
3. Chase Freedom, $1,000 CL, opened 10/2020
4. Business AAdvantage, $11,000 CL, opened 3/2021
5. Business Gold, No Pre-Set Spending Limit, opened 4/2021
6. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
7. Amazon Business Prime, $1,000 CL, opened 5/2021
8. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
9. Marriott Bonvoy Business, $8,300 CL, opened 8/2021
10. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
11. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
12. Chase Ink Business Cash, $5,000 CL, opened 9/2021
13. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
14. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
15. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
16. Hilton Business, $3,000 CL, opened 2/2022
17. Schwab Platinum, No Pre-Set Spending Limit, opened 2/2022
18. Business Platinum, No Pre-Set Spending Limit, opened 3/2022
19. Chase Ink Business Unlimited, $5,500 CL, opened 4/2022
Good for you. I wouldn't have had the nerve to hang in there and fight for it, like that. Good work.
@AceTen wrote:That's a great story! Way to go and big congrats on the well earned approval! You're a star.
Thanks for the data points and enjoy the sub.
Thank you! There are so many people that don't take the time to pick up the phone and call recon. I was confident I could plead my case. Very happy that it worked in my favor.
@SouthJamaica wrote:Good for you. I wouldn't have had the nerve to hang in there and fight for it, like that. Good work.
You miss 100% of the shots you don't take? I am not entirely sure I used that correctly. I'm a big fan of calling recon when not auto-approved. I believe it's standard with Chase on their Inks. My CIC was auto-approved via BRM while I was over 5/24. Being under 5/24, I wanted to help a friend out. The calls were painless and I was super nice on the call.
@ultimaterewardsguy357 wrote:
@SouthJamaica wrote:Good for you. I wouldn't have had the nerve to hang in there and fight for it, like that. Good work.
You miss 100% of the shots you don't take? I am not entirely sure I used that correctly. I'm a big fan of calling recon when not auto-approved. I believe it's standard with Chase on their Inks. My CIC was auto-approved via BRM while I was over 5/24. Being under 5/24, I wanted to help a friend out. The calls were painless and I was super nice on the call.
Oh there you go. I'm not good at pretending to be super nice 
Congrats on your recon approval!
