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CSR APPROVAL 5TH CARD. MOVE LIMITS

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KELSTAR
Regular Contributor

CSR APPROVAL 5TH CARD. MOVE LIMITS

Hi all,

 

Giving some more data/experience info.

 

All info in signature is current so you can draw conclusions.

 

9-4-20 I went into branch to get the CSR. Sat down with banker to do the application. No pre-approvals showed. Went ahead with the application for 50,000 UR POINTS for 4k spend/3months. As I do most of my business and personal banking with Chase, it auto-filled most things. Banker hit enter. 7-10 days notice. I told the banker that is not a good sign.

 

The banker said he would call in right then. Underwriter said I would be able to open the new account but they would have to move creidt limit from current cards. Chase doesn't allow business cards to move limits to personal so I moved 14.1k from my Freedom Unlimited at 24.1k to the Reserve. Done in 10 minutes or so.

 

I did receive a 40k starting line on my INK PREFERRED for 100k UR POINTS on July 3, 2020 for 15k spend. That brought my total business credit card credit lines to 89.6k. I am sure that made a difference on an instant approval. 

 

I have seen data points for CHASE adverse actions lately so I think I fell to the tightening a bit also a I am not at 50% of provable income for all credit lines. Income is 365k.

 

Chase pulled TU and EX for a personal guarantee on this card which they have done for all 5 of my credit cards in the last 26 months.

No denials yet but the only card for Chase that interests me now is the World of Hyatt, so not sure if I will be applying with them anytime soon.

 

Hope the data helps.

 

Peace!

Signature as of 10/01/21. Clean file. MYFICO 3B. I live in Green Bay, Wisconsin for those tracking what credit bureau is pulled by location.
FICO 8 EQ=796 TU=799 EX=801
FICO 9 EQ=816 TU=816 EX=813
MORTGAGE SCORES EQ=773 TU=782 EX=787
AAoA=4Y3M AoOA=11Y4M AoYA=5M
VANTAGE SCORES EQ=825 TU=813 EX=813
BUSINESS CREDIT SCORES. Formed LLC 6/1/18. YEARLY SALES=3M
EXPERIAN BUSINESS CREDIT SCORE=77 EXPERIAN FINANCIAL STABILITY RISK RATING=1 SMALL BUSINESS SCORE SERVICE SCORE=210 D+B=80
HARD PULLS last 12 months EQ=1 TU=1 EX=1 Three new accounts reporting.
HARD PULLS last 24 months EQ=1 TU=2 EX=2 Four new accounts reporting.
INCOME=$290k as of 10/01/21 for income stated on applications. DTI=2.5% Business sales 300k monthly.
MAIN BUSINESS and PERSONAL BANKING=CHASE
MORTGAGE=800K 03/21 2.25%
INSTALLMENT LOAN. Vehicle loan opened 08/18. Zero down. 45K at 0% for 60 months LINCOLN FINANCE.

OPEN PERSONAL ACCOUNTS/OPEN DATE
DISCOVER=34k 10/17 CITI COSTCO VISA=16k 06/18 US BANK CASH+=7k 06/18 PENFED PLATINUM REWARDS=10k 07/18 CHASE FREEDOM=10k 07/19 CHASE SAPPHIRE RESERVE=14.1k 09/20 AMEX PLATINUM= NPSL 04/21 AMEX HILTON SURPASS=10k 05/21

OPEN BUSINESS ACCOUNTS/OPEN DATE
CHASE INK CASH=10k 07/18 AMEX MARRIOT BONVOY=10k 02/19 CHASE INK UNLIMITED=10k 09/19 US BANK BUSINESS CASH=29k 10/19 WELLS FARGO BUSINESS PLATINUM=20k 11/19 AMEX LOWES BUSINESS=15k 11/19 AMEX BLUE BUSINESS PLUS=35k 02/20 CHASE INK PREFERRED=50k 07/20 AMEX BUSINESS GOLD=NPSL 09/20 AMEX BUSINESS PLATINUM=NPSL 05/21 CHASE BUSINESS LINE OF CREDIT= 225k 09/21
Message 1 of 12
11 REPLIES 11
CreditAggie
Community Leader
Super Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congratulations on your Chase Sapphire Reserve approval!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (February 2024):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 2 of 12
AllZero
Mega Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congratulations on your approval!

Message 3 of 12
mrcraft
Valued Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congratulations on your approval!!



Message 4 of 12
M_Smart007
Legendary Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congratulations on your Approval..

Message 5 of 12
Anonymous
Not applicable

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congratulations KELSTAR..Impressive!

Message 6 of 12
MyFault
Valued Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congrats on your CSR approval!








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Message 7 of 12
cashorcharge
Community Leader
Senior Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Thanks for the DP's

Congrats on your new card!

Message 8 of 12
gdale6
Moderator Emeritus

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Interesting approval, congrats on getting the CSR!!

Message 9 of 12
xiocc
Regular Contributor

Re: CSR APPROVAL 5TH CARD. MOVE LIMITS

Congrats on the CSR approval and thanks for the data points!!







Message 10 of 12
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