Chase Freedom Recon

[Charmlessman]

Hi guys

On my quest to start building credit I was on my way to a credit union but decided to stop at Chase to send some money to the family back home and while chatting with the representative I mentioned I was denied twice on my Chase applications. She mentioned that there was a way to improve my chances on getting a card with them which is to have at least 10k on my Chase checking account. She said if I had 10k and applied I would get denied but she would then recon saying I have only been for a short period of time in US and that I hold a checking account with such amount of money. According to her she has done this several times and only once has failed and the reason was that the guy had messed up his credit too bad to make the approval. I asked her which card could I apply for using her suggestion and she said Freedom.

Has anyone experienced this? Do you think she could help me out? Anyway, I am going into the Garden with my CAP1 secured card as soon as I get it in the mail at least for 6 months so I told her I will think about applying by the end of the year. What do you think?

[Dustink]

I would say do it soon. I bet she can get it done. US Bank did the same thing for me when I had no credit.

Has your cap1 reported at all yet?

[NJTurnpike]

keeping 10k in a checking account just to get a 3k chase freedom caard doesn't seem worth it. i say go for other cards instead.

[Dustink]

Sounds like he can just put the money in, get approved and then take the money back out.

Who said $3k? I think it would be more like $500..haha

[09Lexie]

+1

[enharu]

---

@Dustink wrote:

Sounds like he can just put the money in, get approved and then take the money back out.

Who said $3k? I think it would be more like $500..haha

---

^ I agree.

Have friends with over >20k deposit, zero credit history (new to the US as well) and got approved for freedom. However they all got toy limits (500-1000). If that's what you want, go for it. 

Personally I wouldn't recommend it. But the Freedom is a great card, so if you can max out those 5% rewards, definitely go for it.

[ObeyJohnny12]

If having 10k just to get approved for a toy limit, might as well use that money and open up a secured card.

[Charmlessman]

My Cap1 card has not reported yet, thanks for the advice

[WarJar101]

I say leave the whole hassle of putting 10 grand in a Chase account. Citibank sucks, but they'll definitely extend a credit line to you when you have no credit. CapitalOne isn't so bad nowadays either, they actually are redeeming themselves in a lot of peoples' eyes now. Also, known for giving a line, when you have no credit. 

[Charmlessman]

I will call her and ask what is the average CL she has seen while doing this. 

Is Chase to hard on issuing CLI? Please keep in mind I have no credit history, would having a Freedom card even with toy limit help in order to establish credit? I think I only need to have the 10k for application.

I will got to the garden soon but I want to have at least 2 cards, would you rather gardening 2 secure cards or 1 secured and 1 Chase Freedom?

Thanks in advance for your comments