ok, I've made a fair attempt at searching and didn't find anything ....everyone talks about double apping a bank. i.e. applying for Freedom and CSP on the same day
how or what is the correct way to do this logistically?
do you just app both cards one after the other? Do you call in ?
is there a certain protocol to help your chances or avoiding a double HP?
sorry, I know it's a newb question but wish someone would make it a sticky some where....or point me in the right direction.
ok, that's good...so I can just do it on the site apps. ...and call in if there are any issues.
it's more for my spouse...she's been gardening for a while....2yrs maybe....and getting Chase pre-quals but no CSP yet.
As soon as that hits she's apping for CSP and Freedom
I'm waiting for my AMEX 3X date to hit before I try anything else but I will most likely go for something on that date as well.
Thank you for the response
@UncleB wrote:
@Anonymous wrote:
@Cmikul wrote:ok, I've made a fair attempt at searching and didn't find anything ....everyone talks about double apping a bank. i.e. applying for Freedom and CSP on the same day
how or what is the correct way to do this logistically?
do you just app both cards one after the other? Do you call in ?
is there a certain protocol to help your chances or avoiding a double HP?
sorry, I know it's a newb question but wish someone would make it a sticky some where....or point me in the right direction.
my favorite topic!
There used to be what was called a 2bm, 3bm, etc. Multiple browser method. Basically you were tricking the system so to speak. Or people would do app-o-ramas with other banks hoping one wouldnt see the other in rapid succession. This is no longer required. Basically the inquiries are merged, either by the bank or by the bureaus at the end of the day.
Chase can always pull a 2nd bureau, regardless if you go for multiple cards. There is a list of ones that let you combine. I know citi does not (and they can do a 2nd HP). Amex, chase, bank of america, us bank, barclays, etc they all combine. The caveat is amex is only 1 charge card and 1 credit card per day. Chase you can do more than 2, but have to phone in one at a time for approval if not instant. Capital one is a triple pull regardless but you can still app for 3 cards unless you have hit a limit with a number of cards they permit. Chase you can have unlimited cobranded cards. But for CSP, Slate, Freedom, Ink you must have fewer than 5 new accounts in the last 2 years to get approved. Unless of course you have tons of money in their bank and go in branch and beg for approval.
In my experience, Amex had me call in as they thought it was fraudulent. They approved me right away. Not sure how well chase would be for cobranded cards, as its best to not call in, to let it process over the weeks....it could be difficult to app for multiple cobranded cards only and have the inquiries merge? I don't know, maybe not.
You can get to a point where you have so many inquiries they stop hurting your score so much. You could also be new to credit, and adding extra cards could hurt your score more due to a lower average age of accounts.
+1
Very complete and eloquently stated... I have absolutely nothing to add!
I agree, it is. However, I do have one thing to add. I would suggest that the OP make sure that he's applying on the same day in all time zones. I applied for both my Q and V in a matter of 10mins, but because it was so late, they show as different application dates. It was still the same day for me, but I slipped into the following day in the Eastern time zone. The net result is 5 Cap1 inquires across all CR.
@LadyJEsq wrote:
@UncleB wrote:
@Anonymous wrote:
@Cmikul wrote:ok, I've made a fair attempt at searching and didn't find anything ....everyone talks about double apping a bank. i.e. applying for Freedom and CSP on the same day
how or what is the correct way to do this logistically?
do you just app both cards one after the other? Do you call in ?
is there a certain protocol to help your chances or avoiding a double HP?
sorry, I know it's a newb question but wish someone would make it a sticky some where....or point me in the right direction.
my favorite topic!
There used to be what was called a 2bm, 3bm, etc. Multiple browser method. Basically you were tricking the system so to speak. Or people would do app-o-ramas with other banks hoping one wouldnt see the other in rapid succession. This is no longer required. Basically the inquiries are merged, either by the bank or by the bureaus at the end of the day.
Chase can always pull a 2nd bureau, regardless if you go for multiple cards. There is a list of ones that let you combine. I know citi does not (and they can do a 2nd HP). Amex, chase, bank of america, us bank, barclays, etc they all combine. The caveat is amex is only 1 charge card and 1 credit card per day. Chase you can do more than 2, but have to phone in one at a time for approval if not instant. Capital one is a triple pull regardless but you can still app for 3 cards unless you have hit a limit with a number of cards they permit. Chase you can have unlimited cobranded cards. But for CSP, Slate, Freedom, Ink you must have fewer than 5 new accounts in the last 2 years to get approved. Unless of course you have tons of money in their bank and go in branch and beg for approval.
In my experience, Amex had me call in as they thought it was fraudulent. They approved me right away. Not sure how well chase would be for cobranded cards, as its best to not call in, to let it process over the weeks....it could be difficult to app for multiple cobranded cards only and have the inquiries merge? I don't know, maybe not.
You can get to a point where you have so many inquiries they stop hurting your score so much. You could also be new to credit, and adding extra cards could hurt your score more due to a lower average age of accounts.
+1
Very complete and eloquently stated... I have absolutely nothing to add!
I agree, it is. However, I do have one thing to add. I would suggest that the OP make sure that he's applying on the same day in all time zones. I applied for both my Q and V in a matter of 10mins, but because it was so late, they show as different application dates. It was still the same day for me, but I slipped into the following day in the Eastern time zone. The net result is 5 Cap1 inquires across all CR.
Excellent addition!
I honestly never would have even thought about that... that's what I love about coming here - I get to learn from the collective experiences of everyone, both the 'bumps' and the triumphs!
This is all great info. Exactly the kind of detail I was looking for.
I'm condsidering a mini app spree this week.
I have a pre-approvals for Freedom , Venture and QS all sitting out there waiting to be plucked.
What I want is a CSP .....but chicken to app and get declined