Chase Freedom Invitation

[Anonymous]

I've received this invitation in the mail from Chase to apply for their Chase Freedom card. I already have their SW Airline Card.

The only problem is, I carried some balance in my SW card last month, as a result my FICO Equifax has decreased to 635. Do you think I should still apply for this card right now or should I first pay-off my balance and then apply? I'm moving apartments next month. Although I'll update the address in my CR asap but I also don't wanna risk of getting denied due to inconsistency in address in the credit report. This invitation is issued for my current address & I'm afraid they wouldn't accept the invitation based on new address.

Does anyone know what's the minimum score needed to get this card?

[afbar1114]

What was the offer?

[Anonymous]

$100 Cash Back on spending $500 within the first 3 months and 0% intro APR until May 2014

[Anonymous]

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cowboyguy wrote:

$100 Cash Back on spending $500 within the first 3 months and 0% intro APR until May 2014

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Thats the standard offer that is floating around now for the freedom, not a targeted one.

[Anonymous]

So does this mean its not a pre-approval?

It says "pre-screened offer" at the bottom of the page though. Also, there's an invitation code

[Anonymous]

If it has a box somewhere on the bottom that says it was pre-screened and that you can go to optoutprescreen.org to stop receiving offers like this in the future (which is what I think you were getting at in your last post) than its probably a legitimate preapproval based on a recent soft pull. 

[Anonymous]

OptimasPrime,

Yes it does

Can you please address my question?

[Anonymous]

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@Anonymous wrote:

I've received this invitation in the mail from Chase to apply for their Chase Freedom card. I already have their SW Airline Card.

The only problem is, I carried some balance in my SW card last month, as a result my FICO Equifax has decreased to 635. Do you think I should still apply for this card right now or should I first pay-off my balance and then apply? I'm moving apartments next month. Although I'll update the address in my CR asap but I also don't wanna risk of getting denied due to inconsistency in address in the credit report. This invitation is issued for my current address & I'm afraid they wouldn't accept the invitation based on new address.

Does anyone know what's the minimum score needed to get this card?

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Sorry .

Not really sure what the minimum score is but 635 is borderline in my opinion.

How big of a balance (%) is on the southwest card? its entirely possible that the sp preapproval chase sent you is based on outdated information, which does not factor in the fact that your utilization has increased along with the corresponding fico score drop. If I were you that would be my first concern. So I would wait until you pay down the sw balance.

As far as the change of address, if there were any problem from chases end they would likely just ask you to call in to verify some personal info. You wouldn't be denied outright as long as you call them to explain.Also, I wouldn't worry about them not accepting the invitation either, since it's the standard offer being given to all applicants, meaning you will still get the bonus either way. If it's a big concern to you, you could always apply in a branch ( assuming you live near one) where they could verify identity on the spot.

Hope this helps.

[creditnocash]

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@Anonymous wrote:

So does this mean its not a pre-approval?

It says "pre-screened offer" at the bottom of the page though. Also, there's an invitation code

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sounds like no pre approval but you passed a number of checks on their own internal list. 

i appled for two chase cards last feb and was denied. 

i applied for freedom in july and got accepted for a measly 500, and i got the get 100 cash back after 500 spend. (no targeted offer just apped via a rep over the phone) 

[shakalaka]

Why not try the per approval page from Chase? Then you know for sure.