Chase SL is mostly tied to income. Then certain cards have more SL like the CSP with a minimum of 5,000.
Then once you have the card and PIF for 120 days they should grant you an auto CLI so don't worry about the starting limit. Unless you don't think you can make the SUB with those limits. They could start you tiny with a Freedom so it might be better just pulling the trigger for the CSP.
CSR is a waste of time at a AF of $550 unless you plan to gorge yourself on the airport lounge benefit. CSP has the bigger SUB bonus as well with most of the same insurance protections.
I've never thought about taking that strategy before. Since CSP starts at 5k is opening that first a better way to guarantee that CF/CFU open at higher limits later?
Hi Steven, Thanks for your feeedback.
I would go for Option 1. Your file should be prime for a Chase Freedom or CFU card while you are under 5/24. And then the CIP or CSP. After that, you can always go for NFCU and Amex, since they don't care about 5/24.
This was my initial thought process as well. Though, since Chase does not like to lead with higher SL's, I wasn't sure if sticking a NFCU card in the mix would help me pry open a higher SL right from the begining instead of being bucketed with a possible token limit.
The x3 for 20,000 spend/12 months on Chase Freedom Unlimited is nice.....I'm still under my bonus albeit by 1,000 dollars and I was approved for the card on 6/7/19.
Since its been a full 12 months you could also upgrade that Capital One Platinum Reserve to a Quicksilver 1.5% cash back or maybe a Savor if you go in branch. The AF version of the Savor is 4% dine and the non-AF is 3% dine.
I also like the idea of x3 20,000 first year.
Unfortunately, Cap One does not upgrade any secured cards. (I found this out right after I was aproved and would have had to re-pull to apply for the unsecured.) Cap one also does not allow CLI's above the auto $300 they give you during first year. It is my understanding this card caps a $1300. which is frustrating.
I like the idea of the Savor (and am pre aproved), but my Amex Gold takes care of that same spend. I also would rather not get the 3 hp's Cap1 does.
No it’s not a guarantee. I got my CSP first. When I got my freedom it was slightly lower.
That's interesting info. Thanks.