cancel
Showing results for 
Search instead for 
Did you mean: 

Chase Marriott Bonvoy Boundless VISA Approval

Aim_High
Senior Contributor

Chase Marriott Bonvoy Boundless VISA Approval

I've been carefully considering which final Chase card to add to my portfolio since I was aware of their 5/24 rule from other online postings.

 

I was just approved the Chase Marriott Bonvoy Boundless Visa with starting CL of $33K.  Smiley Happy

 

Chase had one of my oldest cards (July 2000) which started out as a SLATE but I product changed it to a FREEDOM UNLIMITED a few years ago.  About the same time I did the PC, I also combined a credit limit from an AMAZON visa and then closed it to keep the older card open.  So the 19-year old FREEDOM UNLIMITED card was my only active Chase Bank card until a year ago.  (I didn't feel I did enough Amazon shopping just to keep the card for the higher rewards on those purchases.)

 

Last spring, I got the Chase Sapphire Reserve and then began shifting focus to more Chase cards for their Ultimate Rewards.  In the last 12 months, I also added the basic Chase FREEDOM (5% categories), and the Chase Business INK Preferred (for the 80K UR sign-up bonus).  An Ultimate Rewards stategy is my ultimate goal (pun intended), since with the 50% bonus for UR redemption on the CSR, I'm effectively getting 7.5% on those (Freedom) rotating categories, 4.5% on travel and dining out (CSR), and 2.25% on 'everything else' (Freedom Unlimited) once I move the points from my Freedom and Freedom Unlimited over the CSR for redemption.  Sweet deal!  (Moving the points is easy on the Chase website.)

 

I suppose I could even apply for one more Chase card before I hit their 5/24 limit but I think I will hold off for now.  Maybe wait another six months to a year and then apply for another card.  A couple I am eyeing:  British Airways Visa signature has up to 120,000 AVIOS (miles) bonus for spending in the first year and the World of Hyatt card has 50,000 point sign-up bonus. 

 

For anyone interested, the Marriott card has a great temporary sign-up bonus as a promotion for Marriott's merger with Starwood hotels and realignment of their credit card programs.  (100,000 Bonus Marriott Bonvoy points after you spend $5,000 on purchases in your first 3 months from your account opening.)   The Points Guy (TPG) website values that sign-up bonus at $800 value. 

 

My business travel is arranged directly by my employer.  While I do some personal travel, I don't think I will get enough benefit from the Marriott card long-term compared to the flexibility of my CSR, since the Marriott card primarily gives me better points value only if I am a frequent Marriott guest.  And there is also the $95 annual fee, so the sock drawer is not smart.  So long-term, I expect to close this card and do another credit line consolidation to my other Chase cards. 

 

Chase is now my largest single lender by a wide margin.  I have $129,400 in credit lines on (4) personal accounts plus a $9K line on a business account for a grand total of $138,400 with Chase alone. 

 

Data Points:

FICO Bankcard Score 8: 840 +/-

AAoA: 10 years +

Oldest active LOC: 25+ years

Income: High (well into six figures)

Total Credit Card lines:  $349.5K

Credit Card debt: None except what is paid-off monthly.

Utilization rate:  01%

 

*I have no personal or business banking relationship with Chase other than my credit cards.  This can help if you're trying to up your credit approval odds for Chase or any lender.

 



Length of Credit > 35 years; Total Credit Limits > $500K
AoOA > 27 years (Jun 1993); AoYA (Aug 2020); Gardening since 08/15/20.
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
12 REPLIES 12
Aspireto850
Established Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

well done!! Smiley Happy









Message 2 of 13
CreditMagic7
Super Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

Good job and Congrats! on the new card approval.

Message 3 of 13
M_Smart007
Epic Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

well, i'd say you Aimed_High and conquered. Congrats on a very nice 33K CL

Message 4 of 13
credit_is_crack
Valued Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

Fantastic SL and an even better score to back it up @Aim_High! You've got a great run with Chase! 

Message 5 of 13
19eighty5
Senior Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

Well done!

FICO 8 (Feb 2018):EX- 519, TU- 530, EQ- 545
FICO 8 (Mar 2020):EX- 689, TU- 665, EQ- 670
What's in my wallet:



On the chopping block:

Message 6 of 13
Marz2002
Valued Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

You...REALLY...

awesome congratulations GIF by Slanted Studios

CONGRATS on your Approval, the EXTRAORDINARY SL, and Thanks for the DPs!!!

AMEX BCE $8K | AMEX Cash Magnet $15K | Citi DoubleCash WEMC $13.7K | Citi AAdvantage WEMC $14K | Citi Costco VS $12K
Discover IT $19K | OpenSky $300 | BB&T Cash Rewards $4.5K | Synchrony (PayPal Credit $4K, Care Credit $15K, & PayPal 2% MC $10K) |
BBVA Compass Rewards VS $10.5K | NFCU cashRewards $3K | NFCU More Rewards AMEX $33.5K | NFCU Flagship VS $19K
Macy's AMEX $18K | Apple Card WEMC $6K | PenFed Power Cash Rewards VS $7.5K

TCL - $211K+ | Rebuilding since April 2018
Message 7 of 13
ChargedUp
Valued Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

Congrats on the approval and the great relationship you have with Chase!

AODFCU 3% Visa ($10K), Amex PRG (NPSL), Amex Blue Cash ($24K), Amex Simply Cash+ ($4K), Amex Business Cash ($22.5K), Discover ($29.7K), Cap 1 Union Plus MC ($2500), Chase FU Visa Sig ($12K), Chase F Visa Sig ($8.3K), Chase CSP Visa Sig($6.5K), FCB/Elan Rewards Visa Sig($15K), Buckle ($1.3K), BofA AAA Rewards ($84.5K), Paypal credit ($10K), BBVA Clearpoints ($7.5K), Cap 1 Savor ($13K), PenFed PCR ($3500), Bank of the West CB MC ($3K), PNC Cash Rewards ($9.5K)
Message 8 of 13
HighAchiever
Established Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

Congrats! Just curious, which CRA was that FICO score from? 

“Most people work just hard enough not to get fired and get paid just enough not to quit.”
Take the myFICO Fitness Challenge


Message 9 of 13
Aim_High
Senior Contributor

Re: Chase Marriott Bonvoy Boundless VISA Approval

" ... Congrats! Just curious, which CRA was that FICO score from?"

 

EQ Bankcard Score 8:  840

(04/23/19, provided by Citibank credit card)

 

TU Bankcard Score 8:  843

(04/19/19, provided by Discover and Bank of America credit cards)

 

*My score has hit 850 a few times in past couple of years but wavers a little month to month as my credit file changes.  I have applied for several cards and loans in past few years as well as paid some off.  Sometimes, the credit cards report a higher balance since I don't pay it all off before the statement, but other times I do and it shows $0. 



Length of Credit > 35 years; Total Credit Limits > $500K
AoOA > 27 years (Jun 1993); AoYA (Aug 2020); Gardening since 08/15/20.
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
Message 10 of 13
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.