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chase canceled the day card arrived

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Anonymous
Not applicable

chase canceled the day card arrived

its been a while since i had some quality cards after quite a few years f hell and letting things drop off my report.... finally have my scores in the high 600s. I have in the past always enjoyed airline cards and taking a trip every year or 2. 

 

applied for discover miles card and they sent me an IT instead, applied for a citi AA and was sent a double cash... urggggh frustrating..... applied for a chase united, approved $5k SCL.. GREAT..... I am also in the beginning of remodeling a rental so applied for a lowes just to use for the 5% off, no intention of carrying ballance. approved SCL $300... TOTAL WASTE OF inq and account openeing..

 

anyway chase card comes and I was in the days previous setting up the app and so on kept showing 5k avail 5k limit.... the day the card came when I called to activate it shows "canceled"  I am pretty sure its because I exceeded theor internal 5/24 which I did not know about untill researching after the fact.... I am used to years ago when I would throw out a ton of apps and see what comes back , apparently its no longe like that....my utl is around 45-47% the chase would be a big deal to get activated... that 5k would put my util under 30%......

 

I called recon friday and told the csr what I am trying to do is replace all my starter cards with higher quality cards from quality banks and slowly weed out the starter cards and would like an airline card for everyday use. she said I had just missed them by minutes she would add the comments to my file to call back monday.... I asked what her feelings are on getting it overturned she said its done on a case by case basis and cou;dnt ans that to simply call back mon and talk to a csr in recon .....

 

what would be the best approcah with recon to have this reactivated ?? if i knew a few weeks ago what i know now i wouldnt have went app crazy... it may appear I am jonsing for $$$ am looking to establish lines to maxx them but I am just looking to upgrade what I have to higher quality products

Message 1 of 21
20 REPLIES 20
UncleB
Credit Mentor

Re: chase canceled the day card arrived

Hi @Anonymous and welcome to myFICO! welcome.gif 

 

I've added paragraph breaks to your post for ease-of-reading, and your thread has been moved to 'Credit Card Applications'.

 

You should start to get replies to your questions shortly.  Smiley Wink

 

--UncleB

myFICO Moderator

Message 2 of 21
Anonymous
Not applicable

Re: chase canceled the day card arrived

please keep us updated on how this turns out interested to hear what they tell you i would call them monday morning

Message 3 of 21
BronzeTrader
Valued Contributor

Re: chase canceled the day card arrived

From what I read, your chance of getting this turned to your favor is slim.  You must have been doing app spreeing when Chase approved your United card.  When the spreeing dust settled, Chase saw the additional applications and revoked your new card.  You had weak credit (high 600 FICO), high util rate and a lot of recent credit activities.

 

I'd advise you to work around what you already have.  You can PC the Discover card.  Also work with the Citi DC card.  They are not perfect, but both good cards to build around.  Forget Chase.  It is done.

 

Message 4 of 21
Anonymous
Not applicable

Re: chase canceled the day card arrived

what do you mean by PC the discover?  I have had chase cards in the past years ago maybe 10 everything was always good with them... I hoping kissing a little butt may work ... IF i can get them to overturn this I deff have to cool it for a while ... I didnt realize these guys are as sensitive as they are now... years ago when I had tons of good cards all with high limits it wasnt an issue... I learned that the hard way fast....what really aggrivates me is the activity that chase dont like was all for stuff i really didnt want anyway or could do without...... the lowes is useless to me with a 300 CL. im doing a remodel theres not 1 single thing I can buy with that CL and I called they dont wanna hear anything about a CLI... of all I applied for and was given the chase I saw the most value in 

Message 5 of 21
Anonymous
Not applicable

Re: chase canceled the day card arrived

i assume citi and discover are looking for me to transfer balances which is why  they substitued the cards I applied for with cards offering 0% BT for 18 mos..... good offer but not sure i am comfy with taking a new account and cranking up its avail with transfer..... how do they feel when you open an acct and immediatly suck up 50% with a transfer ? I am considering doing that and at somepoint down the road dumping cap1, not very happy with them. they keep denying CLi due to avg monthy payment too low ......min is 24-33 I give 80 to 100 every month ... oh one more thing to add as far as my bureau

0 lates in 24+ mos

0 negs 

8 inq 24 mos

Message 6 of 21
BronzeTrader
Valued Contributor

Re: chase canceled the day card arrived

It is interesting that banks sent you the CCs you did not apply.  Not sure if other folks have had similar experience.

 

Definitely you need to pay off the CC debt and bring down the util rate.

Message 7 of 21
Anonymous
Not applicable

Re: chase canceled the day card arrived

discover app reply said something like "congratualtions you have been approvered for the discover it cash rewards card all though we could not approve you for the product you applied for "   something like that 

 

kinda wasnt happy about that cooked an app for something i really didnt want ... hey ill take it its deff an upgrade for alot of others I have but still not what I was seeking...i guess they see it as offering to help, give me the 0% offer to knock down the other bals quicker

Message 8 of 21
Anonymous
Not applicable

Re: chase canceled the day card arrived

years ago when i very 1st established I remember I had no mortgage no prev credit history NOTHING and within 2 years had prob 15+ cards biz and personal with easily 100+k avail, prob close to 200 I had 80 with amex at that time...amex chase citi boa all of them ... dont seem its that easy anymore

Message 9 of 21
UncleB
Credit Mentor

Re: chase canceled the day card arrived


@Anonymouswrote:

what do you mean by PC the discover?


@Anonymous, PC is 'Product Change'.  Smiley Wink

 

Here's a link to a thread that lists common abbreviations used on myFICO:  http://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/td-p/88458

 

This might be helpful as well; how to quote a post:  http://ficoforums.myfico.com/t5/Community-Feature-FAQ-s/How-to-Quote-a-Post/td-p/2603189

Message 10 of 21
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