Chase Freedom what is required for approval?

[Anonymous]

So I'm new to credit and in a few months might want to apply for a Chase Freedom card. 

Right now with a thin file and no credit scores it's likely to be automatically rejected.

Some here have said Chase likes to see a year of credit history. Should I just wait a year before applying assuming this product still exists? 

Any tips? 

Thanks! 

[AverageJoesCredit]

Yes, one year history is best, be under 5/24 and be prepared to sell your soul!

Just kidding on last one lol but then again, Chase wants to own us all so make sure your profile is tip top before you apply.

[Remedios]

---

@Anonymous wrote:

So I'm new to credit and in a few months might want to apply for a Chase Freedom card. 

Right now with a thin file and no credit scores it's likely to be automatically rejected.

Some here have said Chase likes to see a year of credit history. Should I just wait a year before applying assuming this product still exists? 

Any tips? 

Thanks! 

---

A year of credit history would give you a better chance at approval, if you stay under 5/24 and don't have BK on file. 

If that WF is your only card, you may want to consider adding another one, then when you reach a year with the oldest card, give Chase a try. 

They are not particularly fond of young or thin files. Longer you wait, better your chances are not just for the approval but SL and terms improvement, too

Chase is not known for frequent auto CLIs or APR reductions, so I'd wait. 

Good luck with your future applications 

[Anonymous]

I had a recent denial for a Chase Freedom. I had a charge off two years ago for a WF Dillard’s Card. (Long story) but paid after closure. Swore off credit cards for over a year and finally got a Cap1 Platinum with a 1K SL. Then an AMEX Gold. Decided to go for a Freedom with no preapproval because it fit what I wanted after the Cap1 open for 4 months and AMEX 1.

Instant DENIED message.

Called recon. Chase surprisingly looked past my recent CO but still couldn’t approve me due to my little CL available and time with it.

Word of advice. Get another card under your belt to help build up lines and let your WF age. You are on the right path.

[Jannelo]

One of my relatives was in her last year of college, early 20s,  full-time student, a part-time server, zero credit history.   She had her savings and checking account at Chase, banked at the local bank.  They had her apply in-house for the card and she was approved.  It wasn't even her idea.  The bank rep suggested it. By the tiime she graduated, she had a CL of $7,000 with them.  It's probably much higher now after her first year of full-time employment.  She has a perfect payment history with them and now has a car loan.  So maybe start a banking relationship with a local Chase branch.

[mrfufoppss]

i will suggest opening a Chase Bank Acct, and Direct Deposit your paycheck with chase, in 3 months apply for that card, if you are already establishing your credit But Havent Generated a Fico score Yet, or wait a Year. I have only 7months Of Credit History and My Chase Card is 3 months old.

[Anonymous]

Thanks for the input!

Hopefully in awhile I can report back with an approval  

[sjt]

---

@Anonymous wrote:

So I'm new to credit and in a few months might want to apply for a Chase Freedom card. 

Right now with a thin file and no credit scores it's likely to be automatically rejected.

Some here have said Chase likes to see a year of credit history. Should I just wait a year before applying assuming this product still exists? 

Any tips? 

Thanks! 

---

If you happen to be a student, you can apply for the Freedom Student Card. I believe you can only apply at the branch though.

[Anonymous]

I agree a Student card might be beneficial to you, I also echo what Remedios said.

I think adding another card coud help thicken your file, just remember to stay under 5/24 if you decide to add more than one.

In 12-24 months you should be sitting pretty good for Chase app.