@coldfusion wrote:
@coreysw12 wrote:
@Anonymous wrote:Have you thought of asking them to move limits to make the new account?
I thought about it, but the problem is my CSR is already at the minimum SL ($10k), and the SL on my CFU is already too low for my needs as it is - if I even pulled $1k off of it, the limit would be so low I'd have to make 3 payments every month to keep it from maxing out (I already have to make 2 every month).
Just to make sure, do you know that Chase will allow a cardholder to lower the CL on an existing CSR below $10K?
Is that true? If so, it might be worth calling them again tomorrow.
But now I'm nervous that with the 2 other new accounts I just added, they might freak out when they see those during the 30-day account review if I do get the CFF. It might be safer for me to just wait until May when I'm back under 5/24, and try again
Total Loan Balance: $43k / $65k
Total SL: $78k
Congratulations on your approval!!!
Congratulations on your approvals!!
@Anonymous wrote:I don't know what CFF is, but I gather it is a Chase card. Chase isn't all it's cracked up to be. It's like: Different label, same pair of jeans.
USBank, on the other hand, I love. That's because they just approved me for a secured card, which sounds pathetic but that's where I am in my journey right now, so I'll take it. They've been so easy to deal with. I think they are a great bank.
Congrats!
I don't have any grudge against Chase, they gave me the Freedom Unlimited and Sapphire Reserve last year when I absolutely didn't deserve them. Frankly I was shocked they let me have them; if I were them I wouldn't have approved me, lol. Just a little bummed they didn't give me a 3rd one so I could finally have the coveted "Trifecta", but I'll get over it. I'll try again next summer 
That's good you're getting in w/ US Bank, I've heard having solid history with them is really helpful in getting more credit from them. Nothing wrong with a secured card, we all have to start (or restart) somewhere, and that's as good of a place as any to start out! I'm hoping this REI card will be a good foot in the door for me to get their Cash+ card one day, which is arguably one of the better 5% quarterly category cards out there.
I don't see where there is anything pathetic about holding a secured card, it's a common and useful step taken when someone is serious about trying to rebuild their credit profile.
CFF == Chase Freedom Flex card
Thanks, the_old_curmudgeon! I had a Chase Freedom in the past (Flex? I don't know.) Truly, Chase is a fine bank too - I tend to love whoever is doing business with me at the time. They're all somewhat the same to me but my bias is toward whoever is saying "yes" rather than "no."
And of course you are right - I am simply still embarrassed and a little frustrated at having to start with a secured card, since I've never had one before, and honestly I didn't try for an unsecured, so it was my choice to try for a secured as my first step out of BK. And the facts are, I was turned down by Navy (for having burned them), by SunTrust (because they had a hidden time requirement, meaning not disclosed publicly but I figured it out obliquely, for time elapsed since BK before approving one), so I'm actually thrilled that USBank approved me, even though I don't appreciate them holding my money for the privilege. Oh well, it'll be a stepping stone - and I've already got two unsecured cards right after that, so I'm on my way!