Should I apply for a Chase Freedom?

[Anonymous]

I have a Chase account that was closed by them about 4 years ago. It was closed with a balance of $1800; the credit limit is $1500. Now the account has a balance of $89. I paid it off slowly to help build up my credit.   I have 2 charge offs (Wal Mart and Dell) that will fall off my credit in 2015, I have a captial one credit card $400 limit, no collection accounts, two auto leases (low balance ending in 1 year), a mortage, and over 60k in student loans. My credit scores across all bureuas is 645 - 675. 

Over past couple of days I applied for an Amex Everyday approved for $2000 limit, Citi Diamond approved for $4000 limit, Discover It approved for $2000 limit, and a Barclays Rewards denied even after calling credit recon line.   

My question is that should I apply for a Chase freedom although I have a closed account on file with them, or should I wait a couple of months? The Chase Freedom card would complete my card list. 

[Anonymous]

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@Anonymous wrote:

I have a Chase account that was closed by them about 4 years ago. It was closed with a balance of $1800; the credit limit is $1500. Now the account has a balance of $89. I paid it off slowly to help build up my credit.   I have 2 charge offs (Wal Mart and Dell) that will fall off my credit in 2015, I have a captial one credit card $400 limit, no collection accounts, two auto leases (low balance ending in 1 year), a mortage, and over 60k in student loans. My credit scores across all bureuas is 645 - 675. 

Over past couple of days I applied for an Amex Everyday approved for $2000 limit, Citi Diamond approved for $4000 limit, Discover It approved for $2000 limit, and a Barclays Rewards denied even after calling credit recon line.   

My question is that should I apply for a Chase freedom although I have a closed account on file with them, or should I wait a couple of months? The Chase Freedom card would complete my card list. 

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I think you are best waiting based on some experiences here that I read.  Wait for the charge offs to fall off...

[Anonymous]

Did you check if your pre approved ? Check their website maybe something will pop up .

[Jerry45]

+1

[uswala]

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@Anonymous wrote:
Did you check if your pre approved ? Check their website maybe something will pop up .

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+1.

Their prequalify link is pretty accurate.

[joltdude]

You may be able to get Chase to reopen the account once its paid off but you have a limited time after payoff to do it. Or pay it off and see if you prequal. But it pay it off before either..

[kdm31091]

Sounds like it might be in your best interest to wait a little bit. If you couldn't get the Barclay Rewards card, I don't think you will get a Freedom, since I believe the Barclay card is easier to get (could be wrong - but I think it's targeted for average credit, whereas Freedom is more for good to excellent).

[Anonymous]

My initial reaction was to tell you to wait six months, since you already got declined for a Barclays card. However, from the other posters here, it seems like this might be a special circumstance wherein, by virtue of having paid off the card, you might get it reactivated. That would be a separate event from applying and getting approved, and is worth investigating.