Chase freedom flex or amazon visa

Writechecks1 · ‎03-06-2022

Hoping someone could steer me in the right direction.

Im thinking between the freedom flex or amazon visa. Which has the best SL?

Im below the 5/24 and scores are around 750 across all 3 credit agency's. Utilization is 2%. No baddies and 100% on time payments. Thanks

FinStar · ‎03-06-2022

@Writechecks1 wrote:
Hoping someone could steer me in the right direction.

Im thinking between the freedom flex or amazon visa. Which has the best SL?

Im below the 5/24 and scores are around 750 across all 3 credit agency's. Utilization is 2%. No baddies and 100% on time payments. Thanks

SL will be based on your overall profile, income, etc. Either card has the potential of getting approved for a decent limit, whether it's $2K, $5K, $10K, $20K or $30K. For this particular instance, the SL will not based on the card or product type.

If you are looking at selecting only 1 of the 2 cards, base your decision on which one you'd get the best value based upon your spending habits, whether you benefit from the CFF 5% rotating categories or Amazon's rewards (i.e. where do you spend the most of your $).

increasingmyfico · ‎03-07-2022

@Writechecks1 wrote:
Hoping someone could steer me in the right direction.

Im thinking between the freedom flex or amazon visa. Which has the best SL?

Im below the 5/24 and scores are around 750 across all 3 credit agency's. Utilization is 2%. No baddies and 100% on time payments. Thanks

Get the Flex while you are under 5/24. Lots of data points show that you can add the Amazon card beyond 5/24. Since both are no annual fee no harm in having both.

CYBERSAM · ‎03-07-2022

@increasingmyfico wrote:
@Writechecks1 wrote:
Hoping someone could steer me in the right direction.

Im thinking between the freedom flex or amazon visa. Which has the best SL?

Im below the 5/24 and scores are around 750 across all 3 credit agency's. Utilization is 2%. No baddies and 100% on time payments. Thanks
Get the Flex while you are under 5/24. Lots of data points show that you can add the Amazon card beyond 5/24. Since both are no annual fee no harm in having both.

That is a very good strategy. I got my Amazon Prime with 6/24 but then you have to see if they would give you 2 cards with high SL!

JFox418 · ‎03-07-2022

I applied for both (only had a few inquiries), but if you do make sure you DON'T app for them on the same day. They will auto deny the second one. Only 1 chase approval a day. I called in the next day on the Prime card and they ran it again and it was approved. Luckily the auto deny didn't do a HP. They pulled EX and TU for the Freedom Flex and only pulled TU for the Prime card. My scores were similar to yours but my UTIL was really high so I'm sure you'd be fine. My FF SL was $5600 and Prime was $5000. I was a little bummed they were so low but couldn't complain with my higher UTIL at the time of app.

Kahnawake007 · ‎03-07-2022

I myself, am just a little hesitant getting the Amazon card. Even though I do want to get it.

Not sure if it matters or how things do work out or will work out, but I have heard Amazon is thinking about ditching Chase. Not sure if they still are thinking about it or what that does to current card holders. But I would love to know the thoughts from people much more knowledgeable than myself.

FinStar · ‎03-07-2022

@Kahnawake007 wrote:
I myself, am just a little hesitant getting the Amazon card. Even though I do want to get it.

Not sure if it matters or how things do work out or will work out, but I have heard Amazon is thinking about ditching Chase. Not sure if they still are thinking about it or what that does to current card holders. But I would love to know the thoughts from people much more knowledgeable than myself.

@Kahnawake007 - that last piece of discussion resides in the Credit In The News section of the forums. You can search for it there. So, we're not going to expand on that piece here as this topic is about the OP's Chase potential applications.

KLEXH25 · ‎03-09-2022

SL chances should be equal, so go for the card you want the most first. You can always app the second one down the line.

Writechecks1 · ‎03-13-2022

Thanks everyone

i just did the pre approval for chase amazon and am approved. Question?

should I wait for my CLI from citi and usbank to post to bureaus before apply (in hopes for them to at least match this amount). Not sure if this is how it works

also, when will the chase amazon visa post to bureaus if approved today?

thanks

FinStar · ‎03-13-2022

@Writechecks1 wrote:
Thanks everyone

i just did the pre approval for chase amazon and am approved. Question?

should I wait for my CLI from citi and usbank to post to bureaus before apply (in hopes for them to at least match this amount). Not sure if this is how it works

also, when will the chase amazon visa post to bureaus if approved today?

thanks

You can wait if you'd like, but there isn't any guarantee that Chase is waiting for your CLIs to report in order to provide an appropriate approval or match existing limits. Algorithms will evaluate all kinds of different factors.

If approved, it takes about a month or so (give or take) for the account to be display on CRs.