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Approved for low SL Chase Freedom Flex, what's my plan?

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RTOrockstar
Frequent Contributor

Approved for low SL Chase Freedom Flex, what's my plan?

So I just closed on my home yesterday, my scores are in the low 700's, and I wanted to take advantage of the Chase Freedom Flex's 15 month 0% BT to clear out my Amazon card. So app'd and got the 7-10 day message and today I got an email saying I was approved... for $500! That's by far my smallest card and won't help me at all, other than the $200 bonus. I've never had a Chase card. Will it grow rapidly? 

Message 1 of 12
11 REPLIES 11
MissLiz
Established Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?

I have no good advice, but congratulations on your new home and new approval!

“A woman’s best protection is a little money of her own.” – Clare Boothe Luce
Message 2 of 12
RTOrockstar
Frequent Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?


@MissLiz wrote:

I have no good advice, but congratulations on your new home and new approval!


Thanks! 

Message 3 of 12
JoeRockhead
Community Leader
Super Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?

While the SL is a bummer, Chase cards have good potential to grow, and they're not shy about auto CLIs if it's warranted. In addition to keeping your other credit in check, put decent spend on the card and PIF. Forget the 0% aspect of it. 

 

Congratulations on the approval.

Message 4 of 12
Snook_on_the_Line
Established Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?

Congrats on your approval.    

Message 5 of 12
Guyatthebeach
Valued Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?

@RTOrockstar,

 

Congratulations on your approval! Don't sweat the fact you got a $500 CL, you got into Chase!  Keep improving your credit and this card will grow as time passes.  

Guyatthebeach

Message 6 of 12
keekers
Valued Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?


@JoeRockhead wrote:

While the SL is a bummer, Chase cards have good potential to grow, and they're not shy about auto CLIs if it's warranted. In addition to keeping your other credit in check, put decent spend on the card and PIF. Forget the 0% aspect of it. 

 

Congratulations on the approval.


Congrats and this ^^



Message 7 of 12
Gregory1776
Valued Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?


@JoeRockhead wrote:

While the SL is a bummer, Chase cards have good potential to grow, and they're not shy about auto CLIs if it's warranted. In addition to keeping your other credit in check, put decent spend on the card and PIF. Forget the 0% aspect of it. 

 

Congratulations on the approval.


Definitely true. They auto CLI my 5K SL👉22K Amazon.



Experian [809] TransUnion [823] Equifax [826]

Total Revolving Limits [$224,000]

PenFed Loan: $679/$8,000
Message 8 of 12
NoMoreDebt
Senior Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?

Congrats

AMEX CHARLES SCHWAB PLATINUM NPSL / AMEX GREEN NPSL/ AMEX BLUE BUSINESS PLUS $20000 CL/ FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL
Message 9 of 12
cashorcharge
Community Leader
Super Contributor

Re: Approved for low SL Chase Freedom Flex, what's my plan?

That’s Terrific!! Congratulations on your Approval!!👏🏼🍾🥂

Message 10 of 12
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