Congrats on your approvals!!!
Hello everyone! I am new to this forum and wanting to tell you about my experience with getting approved for the Chase Sapphire Preferred! I mainly use CreditKarma to monitor my credit scores but I recently checked my FICO score. My TU is 643 and EXP is 644 and FICO is 650 (AMEX offered free reports).
My credit history is only 1 year. I had only 3 credit cards prior to checking pre-qualified offers from Chase on a Wednesday night Feb 20th. No bankruptcies, derogatory marks, or late payments. I have a car loan from Capital One which I make monthly payments on. The only thing that does stand out is a high utilization but I always pay more than the minimum payment.
I was iffy to submit an application for the CSP so I originally applied for the Chase Freedom through their prequalified and immediately got approved for $2000 SL. And I read on myFICO forums that I’d you apply, you might as well apply for another card since it does 1 HP. And I took a chance since I recently had not applied for any new cards, and submitted an application for the CSP and got immediately approved for $5000 SL!
They approved me for 2 cards within 10 minutes!!
Here are a list of my 3 credit cards I had prior to approval of Chase Freedom and CSP:
CITI BANK Secured MasterCard $1000
American Express $1000
Care Credit $500.
I am so surprised I even got approved with my Fico score and credit report. Time to take advantage of the sign up offers!!!!!!
I would work on getting your utilization down which would make your score go up. Also, would garden for a while. Chase has been known to take AA with folks that open up accounts after they got their chase cards.