Hey everyone! I hope you all are having a lovely day so far 
This is my first post in the forums, although I am a long time lurker. I'm posting to see if you all could give me some advice on obtaining the CSP card. First, a little background: I'm a 21 year old college student preparing to study abroad for 6+ months next year, so the sign up bonus is super attractive, but I also am in need of a card with no foreign transaction fees. According to CK my scores are as follows: TU 759 EQ 794 EX ???. My credit profile: Utilization is currently at 3%, pristine payment history, AAoA 2.75 years, two inquiries on TU (one will fall off this Sept) and 0 for EQ. Credit cards: US Bank College Visa - $300 (oldest account at 3.33 years), US Bank Platinum Visa - $8,700, Victoria's Secret Angel Card - $4,350, Credit Union Visa - $1,000 (with a $500 reserve line of credit, not sure if/how this counts) totaling to $14,350-14,850 in credit.
Here is the thing, I app'd for CSP at the end of October last year and received a letter stating that I was denied because of low income (reported $21K from my campus job). I called recon and spoke with someone that needed me to answer some questions to verify my identity & asked if I had any other sources of income that I could possibly count. So, I figured I could try to include some of the money I receive from financial aid which would come to an additional $11K/year (consisting mostly of grants and a small loan). This would put me in the $32K range. The representative came back after double checking with someone else and told me that it couldn't be counted as income, which kind of sucks because I've read other posts where people have had success in doing this and it's also counted as taxable income each year when I file.
I understand that my income is low, but my heart is set on this card! Other things that might factor in: I don't really have a rent payment during the school year (covered by family, thankfully) and I live at home in the summer. When I app'd in October, my Platinum card was sitting at $4.2K and began reporting $8.7K in Dec, so I'm not sure if this would help me any a second time around. Also, when I check the pre-qualified offers, all three of their flagship cards pop up for me. I also have about 7K in savings.
Sorry for such a long post (hopefully I covered all the essential info). What do you all suggest? I'm not sure if their is a minimum income needed for this card, what it might be, or if there is a way I can 'get around' this requirement. Thank you in advance for the input!
@Anonymous wrote:Hey everyone! I hope you all are having a lovely day so far
This is my first post in the forums, although I am a long time lurker. I'm posting to see if you all could give me some advice on obtaining the CSP card. First, a little background: I'm a 21 year old college student preparing to study abroad for 6+ months next year, so the sign up bonus is super attractive, but I also am in need of a card with no foreign transaction fees. According to CK my scores are as follows: TU 759 EQ 794 EX ???. My credit profile: Utilization is currently at 3%, pristine payment history, AAoA 2.75 years, two inquiries on TU (one will fall off this Sept) and 0 for EQ. Credit cards: US Bank College Visa - $300 (oldest account at 3.33 years), US Bank Platinum Visa - $8,700, Victoria's Secret Angel Card - $4,350, Credit Union Visa - $1,000 (with a $500 reserve line of credit, not sure if/how this counts) totaling to $14,350-14,850 in credit.
Here is the thing, I app'd for CSP at the end of October last year and received a letter stating that I was denied because of low income (reported $21K from my campus job). I called recon and spoke with someone that needed me to answer some questions to verify my identity & asked if I had any other sources of income that I could possibly count. So, I figured I could try to include some of the money I receive from financial aid which would come to an additional $11K/year (consisting mostly of grants and a small loan). This would put me in the $32K range. The representative came back after double checking with someone else and told me that it couldn't be counted as income, which kind of sucks because I've read other posts where people have had success in doing this and it's also counted as taxable income each year when I file.
I understand that my income is low, but my heart is set on this card! Other things that might factor in: I don't really have a rent payment during the school year (covered by family, thankfully) and I live at home in the summer. When I app'd in October, my Platinum card was sitting at $4.2K and began reporting $8.7K in Dec, so I'm not sure if this would help me any a second time around. Also, when I check the pre-qualified offers, all three of their flagship cards pop up for me. I also have about 7K in savings.
Sorry for such a long post (hopefully I covered all the essential info). What do you all suggest? I'm not sure if their is a minimum income needed for this card, what it might be, or if there is a way I can 'get around' this requirement. Thank you in advance for the input!
If Chase has you prequalified for the CSP, then you should apply, you'll probably be approved.
@SouthJamaica wrote:
@Anonymous wrote:Hey everyone! I hope you all are having a lovely day so far
This is my first post in the forums, although I am a long time lurker. I'm posting to see if you all could give me some advice on obtaining the CSP card. First, a little background: I'm a 21 year old college student preparing to study abroad for 6+ months next year, so the sign up bonus is super attractive, but I also am in need of a card with no foreign transaction fees. According to CK my scores are as follows: TU 759 EQ 794 EX ???. My credit profile: Utilization is currently at 3%, pristine payment history, AAoA 2.75 years, two inquiries on TU (one will fall off this Sept) and 0 for EQ. Credit cards: US Bank College Visa - $300 (oldest account at 3.33 years), US Bank Platinum Visa - $8,700, Victoria's Secret Angel Card - $4,350, Credit Union Visa - $1,000 (with a $500 reserve line of credit, not sure if/how this counts) totaling to $14,350-14,850 in credit.
Here is the thing, I app'd for CSP at the end of October last year and received a letter stating that I was denied because of low income (reported $21K from my campus job). I called recon and spoke with someone that needed me to answer some questions to verify my identity & asked if I had any other sources of income that I could possibly count. So, I figured I could try to include some of the money I receive from financial aid which would come to an additional $11K/year (consisting mostly of grants and a small loan). This would put me in the $32K range. The representative came back after double checking with someone else and told me that it couldn't be counted as income, which kind of sucks because I've read other posts where people have had success in doing this and it's also counted as taxable income each year when I file.
I understand that my income is low, but my heart is set on this card! Other things that might factor in: I don't really have a rent payment during the school year (covered by family, thankfully) and I live at home in the summer. When I app'd in October, my Platinum card was sitting at $4.2K and began reporting $8.7K in Dec, so I'm not sure if this would help me any a second time around. Also, when I check the pre-qualified offers, all three of their flagship cards pop up for me. I also have about 7K in savings.
Sorry for such a long post (hopefully I covered all the essential info). What do you all suggest? I'm not sure if their is a minimum income needed for this card, what it might be, or if there is a way I can 'get around' this requirement. Thank you in advance for the input!
If Chase has you prequalified for the CSP, then you should apply, you'll probably be approved.
I had a pre-qualified offer the first time I app'd, hmm 
@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:Hey everyone! I hope you all are having a lovely day so far
This is my first post in the forums, although I am a long time lurker. I'm posting to see if you all could give me some advice on obtaining the CSP card. First, a little background: I'm a 21 year old college student preparing to study abroad for 6+ months next year, so the sign up bonus is super attractive, but I also am in need of a card with no foreign transaction fees. According to CK my scores are as follows: TU 759 EQ 794 EX ???. My credit profile: Utilization is currently at 3%, pristine payment history, AAoA 2.75 years, two inquiries on TU (one will fall off this Sept) and 0 for EQ. Credit cards: US Bank College Visa - $300 (oldest account at 3.33 years), US Bank Platinum Visa - $8,700, Victoria's Secret Angel Card - $4,350, Credit Union Visa - $1,000 (with a $500 reserve line of credit, not sure if/how this counts) totaling to $14,350-14,850 in credit.
Here is the thing, I app'd for CSP at the end of October last year and received a letter stating that I was denied because of low income (reported $21K from my campus job). I called recon and spoke with someone that needed me to answer some questions to verify my identity & asked if I had any other sources of income that I could possibly count. So, I figured I could try to include some of the money I receive from financial aid which would come to an additional $11K/year (consisting mostly of grants and a small loan). This would put me in the $32K range. The representative came back after double checking with someone else and told me that it couldn't be counted as income, which kind of sucks because I've read other posts where people have had success in doing this and it's also counted as taxable income each year when I file.
I understand that my income is low, but my heart is set on this card! Other things that might factor in: I don't really have a rent payment during the school year (covered by family, thankfully) and I live at home in the summer. When I app'd in October, my Platinum card was sitting at $4.2K and began reporting $8.7K in Dec, so I'm not sure if this would help me any a second time around. Also, when I check the pre-qualified offers, all three of their flagship cards pop up for me. I also have about 7K in savings.
Sorry for such a long post (hopefully I covered all the essential info). What do you all suggest? I'm not sure if their is a minimum income needed for this card, what it might be, or if there is a way I can 'get around' this requirement. Thank you in advance for the input!
If Chase has you prequalified for the CSP, then you should apply, you'll probably be approved.
I had a pre-qualified offer the first time I app'd, hmm
It's not a guarantee. It's just that Chase's prequalifications are solid.
Last time you underreported your income; this time you probably won't do that. I'm not a tax adviser but I'm pretty sure anything you pay INCOME tax on is INCOME.
@Anonymous wrote:
@Anonymous wrote:Are the grants and the loan to be used for living expenses or for tuition?
The 11K is what remains for living expenses, which is why it's considered a taxable source of income since it's not used on tuition or other qualifying education expenses.
If the IRS says it's income, why would you doubt that it's income?
