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Rejected for Chase Marriott Business --> data

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Super Contributor

Rejected for Chase Marriott Business --> data

Got turned down for the Chase Business Marriott card for too many accounts with balances (10) and too many  inquiries (6).

 

EX FICO 8 was 759.

 

 

 

 


Total revolving limits 653000 (575000 reporting)

Message 1 of 17
16 REPLIES 16
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Community Leader
Super Contributor

Re: Rejected for Chase Marriott Business --> data

Sounds like a BS automated excuse to me.
Thanks for the data points!


My most prized tradeline.
Message 2 of 17
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Super Contributor

Re: Rejected for Chase Marriott Business --> data


@Gmood1 wrote:
Sounds like a BS automated excuse to me.
Thanks for the data points!

It was delivered by an individual over the phone, but he was clearly reading from his computer screen. He said "it's denying the application because of there being 10 accounts with balances, and also because of too many inquiries".

 

 


Total revolving limits 653000 (575000 reporting)

Message 3 of 17
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Community Leader
Super Contributor

Re: Rejected for Chase Marriott Business --> data

Guess this one is out for me. I have normally 13 or so reporting balances. It's never been an issue in the past with apps for Chase cards.
Maybe they're tightening even more?While they raise every fee they can under the sun. Some things need regulations..just saying.🤣


My most prized tradeline.
Message 4 of 17
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Valued Contributor

Re: Rejected for Chase Marriott Business --> data

10 isn't really a lot if you have say at least 20 accts. or more---unless the balances are rather large. Most of the approvals I've gotten over the last few years have been while having at least 10 or more accts. with balances.

BUSINESS
Rewards Pts.-Miles: UR-MR-TYP-Venture
Message 5 of 17
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Community Leader
Super Contributor

Re: Rejected for Chase Marriott Business --> data

I completely agree credit whore.😁
It's pretty rare for me to see a denial for the number of accounts reporting a balance.


My most prized tradeline.
Message 6 of 17
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Super Contributor

Re: Rejected for Chase Marriott Business --> data


@Credit-hoarder wrote:

10 isn't really a lot if you have say at least 20 accts. or more---unless the balances are rather large. Most of the approvals I've gotten over the last few years have been while having at least 10 or more accts. with balances.


That's the way I feel. I actually didn't have 10, I had 9 revolvers reporting balances, out of a total of 28 reporting accounts. And total utilization was about 7.5%. And 6 inquiries in a year didn't seem like such a big deal either.

 

 


Total revolving limits 653000 (575000 reporting)

Message 7 of 17
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Moderator

Re: Rejected for Chase Marriott Business --> data

That's a bummer, but thanks for sharing those data points. I have considered this specific one after some of my newest accounts aged off a bit. Since I'm sure I'd be grilled a bit 😁

On the upside, it's good that it's still not part of 5/24 (for now) which may allow you to consider it at a later point.
Message 8 of 17
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Super Contributor

Re: Rejected for Chase Marriott Business --> data


@FinStar wrote:
That's a bummer, but thanks for sharing those data points. I have considered this specific one after some of my newest accounts aged off a bit. Since I'm sure I'd be grilled a bit 😁

On the upside, it's good that it's still not part of 5/24 (for now) which may allow you to consider it at a later point.

I'm not going to consider it at a later point. If Chase preapproves me for an Ink card, I  might go for that.  But otherwise I'm done applying for things with Chase.

 

 


Total revolving limits 653000 (575000 reporting)

Message 9 of 17
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Valued Contributor

Re: Rejected for Chase Marriott Business --> data


@Gmood1 wrote:
I completely agree credit whore.😁
It's pretty rare for me to see a denial for the number of accounts reporting a balance.

LOL Gmood1--Actually that would have fit back when I was in the first year or 2 of my rebuild. Smiley LOL
@South Jamaica: Did they require EIN to app for this card?

BUSINESS
Rewards Pts.-Miles: UR-MR-TYP-Venture
Message 10 of 17
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