@Anonymous wrote:
Thanks for everyone's advice! I was approved for the 12k limit and I will keep the card active and try to switch it for the freedom before I have to pay the fee. There is no way I would be able to spend 4k in 3 months. That does not fit my lifestyle. Again, really the only reason I went for it is because of the guaranteed approval. It helps being able to downgrade with this card.
Assuming you had the 60,000 UR offer, that's 16-17% back for every single dollar! That only works out to $307.69 per week to hit the minimum spending and get that free $600. Charge everything you normally pay for, and consider services like Plastiq to pay bills that you otherwise would pay with ACH or a check.
Normally I would never advocate for spending outside of one's means, but just as an example, even if you had to splurge and buy yourself something nice for $500 to make the last bit of that $4,000, they're going to pay you $105 to take it. LOL Do you shop on Amazon? If so, just add value to a gift card.
[Mod note: I've split the approval and subsequent replies to this new approval thread, and changed the title. Feel free to edit the first post of this thread to change to something else if you prefer. Congrats on your approval!]
Congratulations on your approval!
Congrats on your approval but as others have stated, if you didn't foresee not hitting the SUB, I would have targetted another card. The Freedom UL is available too. If anything, as K-in-Boston said, charge everything you can to the card. Put all of your bills on auto-pay to that card, i.e. car payment, insurance, etc. If you can put $1,334 a month on the card, you'll hit the SUB. If not, as mentioned before, a couple gift cards can work too. Definitely something to think about and consider.
@Anonymous wrote:There is no way I would be able to spend 4k in 3 months.
Rent:
Electric Bill:
Water Bill:
Cable Bill:
Phone Device Bill:
Phone Carrier Bill:
Streaming Service:
Car Insurance:
Gasoline:
Groceries/Costco:
Restaurants/Convenience stores:
Movies/Movie Snacks:
Console/Computer Games:
Clothes:
Furniture:
Events (New Years/Concert):
House Parties (BYOB):
If you're able to pay with a VISA credit card to any of the above listed, input your monthly spend for each and multiply the total by 3. As mentioned before, any remaining amount needed to be spent, invest in Amazon/retail gift cards that you could use in the future.
Personal cards:
@K-in-Boston wrote:
@Anonymous wrote:
Thanks for everyone's advice! I was approved for the 12k limit and I will keep the card active and try to switch it for the freedom before I have to pay the fee. There is no way I would be able to spend 4k in 3 months. That does not fit my lifestyle. Again, really the only reason I went for it is because of the guaranteed approval. It helps being able to downgrade with this card.
Normally I would never advocate for spending outside of one's means, but just as an example, even if you had to splurge and buy yourself something nice for $500 to make the last bit of that $4,000, they're going to pay you $105 to take it. LOL Do you shop on Amazon? If so, just add value to a gift card.
[Mod note: I've split the approval and subsequent replies to this new approval thread, and changed the title. Feel free to edit the first post of this thread to change to something else if you prefer. Congrats on your approval!]
Maybe OP is on a budget
Maybe OP doesnt feel comfortable spending that much
Maybe OP doesnt have a job that reimburses expensives
Maybe OP's spouse is unemployed atm
There are hundreds of reaons why someone might feel uncomfortable charging $4000
OP stated at the very beginning their goals for this card. IMO, it is certainly not a wasted app.
Sorry to just jump in but Chase will just let people switch cards? I just want them to increase my credit line haha
