Chase APR Reduction

[Shock]

In my other thread some peoplereported double pulls with stellar reports and 750+ scores. i know its YMMV but still

[LisaJ]

Some of Chase's habits irritate me to no end, but every time I've ever asked them to credit my interest charges, they have. And ironically, a CSR advised me to do so periodically, back when I carried a balance and couldn't get an APR reduction (former WAMU).

I don't ask for CLIs, because their routine pulling both EX and EQ annoys me to no end, especially since you'd think my internal score with them would weigh in and they wouldn't feel the need. But, whatever.

[Anonymous]

LisaJ - Chase is and has been a strong hard inquiry puller. If you need an expanded CL this is your most likely route. As a former WAMU client you probably feel like you have been parked on a rail siding. Break out. It only took me four years to finally rejoin the main line with Chase. Was a WAMU client myself.

[Anonymous]

---

@Shock wrote:

In my other thread some peoplereported double pulls with stellar reports and 750+ scores. i know its YMMV but still

---

Yes, it's hard to know what the criteria is for double pulling, but my last chase apps have both been.  The initial CLs were $22.5K and $12K, so presumably not accept/reject borderline, so either wanted to check something or number of recent apps etc causes an automatic double pull.

Re value:   IMO, people should focus much less on how hard it is to get a CL/CLI (except in the case where you start very low, say $1k).  For most, having a $5K limit is really as good for most practical purposes as having $50K limit.  It's the total rewards, meaning sign up, ease of earning and value of redemption minus AF that matters most.   Chase generally is very good.  CSP has a huge bonus, URs still have a lot of value when transferred, even with United devaluations etc.  That is why a lot of people in the frequent traveler community like them.  OK, here it might be more "It's metal" but...

[navigatethis12]

---

@Anonymous wrote:

---

  For most, having a $5K limit is really as good for most practical purposes as having $50K limit. 

---

This is true for me, except for business cards. I don't spend that much on the personal cards. However, it does feel good getting approved for 20,000 or more limits for some reason.

[Anonymous]

---

@navigatethis12 wrote:

---

@Anonymous wrote:

---

  For most, having a $5K limit is really as good for most practical purposes as having $50K limit. 

---

This is true for me, except for business cards. I don't spend that much on the personal cards. However, it does feel good getting approved for 20,000 or more limits for some reason.

---

I agree it feels good!    But I think it is that feeling that drives people to ask "What card gives high limits" rather than "What card will pay me back the most?" Now a good feeling MIGHT outweigh value, but I don't think it should

[Shock]

High limits, along with VS, WMC, WEMC is all a prestigious thing. Not very useful unless you are a heavy spender or in emergency situations. For practical purposes and everyday consumers, limit should not matter that much, as mentioned 5k should be more than enugh.

I will say though, for me personally, since my credit has been to hell...seeing high limits lets me know that I'm trusted, and on the right track. It's a good feeling to know that you an entrusted with high amounts of credit from a lender..so that in itself is what makes me want higher limits.

[youngandcreditwrthy]

I've NEVER gotten an APR reduction in the 7 years I've done cc biz with Chase. However, I've utilized zero percent offers and average 6% on my Freedom card which I pif! I LOVE all the cash back Chase gives me!