I'm sorry to hear about your impromptu credit app, but hey, it could have been worse! At least you got approved and a CLI (small CLI is better than no CLI) - is my optimism showing?! Lol
Like the others have said though, you don't have to wait a whole year to PC to a "useful" card. I thought that you had to also because I read that somewhere. I got my slate in June and paid off my BT in October... I was so pissed I was going to have to wait another 8 months to PC it to a useful card.
I got impatient in January, so I thought I'd just call them and give it a try. I recently got a Cap1 QS, so I didn't want the Chase FU (already get 1.5% back), so I asked to PC to the Chase Freedom to get the 5% rotating category. To my surprise, she let me PC, but for some reason you can't PC from a Slate to a Freedom, so I had to PC to the Freedom unlimited, then PC that to the Freedom.
Whatever you decide to do, good luck to you and congrats on the approval!
Cheers!
Like the others have said though, you don't have to wait a whole year to PC to a "useful" card. I thought that you had to also because I read that somewhere. I got my slate in June and paid off my BT in October... I was so pissed I was going to have to wait another 8 months to PC it to a useful card.
I got impatient in January, so I thought I'd just call them and give it a try. I recently got a Cap1 QS, so I didn't want the Chase FU (already get 1.5% back), so I asked to PC to the Chase Freedom to get the 5% rotating category. To my surprise, she let me PC, but for some reason you can't PC from a Slate to a Freedom, so I had to PC to the Freedom unlimited, then PC that to the Freedom.
Whatever you decide to do, good luck to you and congrats on the approval!
Cheers!
@Anonymous wrote:
I don't really understand at all why anyone would apply for a Slate without anything to BT....
It's called "drunk apping!"
@Anonymous wrote:
@CreditInspired wrote:
It's been 17 days and I still want to slap myself silly. Impulsiveness is not good. Just because I got 3 green checkmarks for Chase "pre-selected offers," I took the plunge and hit submit for the Slate -- instantly approved for $2K. Was annoyed so called for a higher limit. Yep, CSR informed me another HP would occur. I said ok and only got a $500 bump. Waaaaaaaaaa. If I had taken a few minutes and done diligent research, I would have applied for the Freedom to get the $150 bonus for $500 spend. I have nothing to BT, so the Slate is really useless to me, except for padding. I can't even PC it for 1 year.
So this impulsive applying for a card I really don't want cost me 3 HPs and a 10-point score drop!!! I definite will stay in the garden this time and only do SP CLIs.
But, it was a lesson-learned. DON'T APPLY FOR CARDS JUST TO BE APPLYING!!! So yeah, even after ranting here, I still want to slap myself. Hard! Just SMH in disbelief.Not syaing that you do this, but I have learned to put my computer away after a couple of cocktails....I in the past have made some really impulsive decisions too...
Not looking to start trouble here but I think it depends on what sort of drinks we are talking about. Speaking from vast experience here I can safely say I have had some of my best credit related work while drinking. I think either bourbon or casamigos tequila – yeah, the one george clooney co-owes make stellar choices to app or cli with. whisky cola, know better as jack & coke can also not be overlooked…I did a $63K penfed 0 down loan for an M2 with a j&c by my side, not sure I could have done the deal without it. Wine wise I am thinking traditional rioja, nothing fruit forward. For denials I would go big or go home, barolo or burgundy from the beaune area. For recons I would do either margs or something fresh from the loire area. As a general food to pair with I highly recommend http://www.boursin.com/en_us/Products/Boursin-R-Cheese/Garlic-Fine-Herbs with whatever cracker works for you – trust me, once you get started on this stuff it’s all over. Cheers!
You guys crack me up. PC the Slate to a Freedom for sure. I just neutered my Freedom and CSP a bit to give me room on my Slate for a BT ($3500 was a much lower SL than I had hoped for, but they did just give me a $12k CSP a few months ago). +1 on drunk apping, but boy did I get some of my best CLIs that way with the liquid courage! In 12 months I'm moving that $9700 (well $9200 I guess) over to CSP and closing the Slate.
think you might have to PC to a FU and then that card to an Freedom if you want one.. thought I saw it somewhere.... but cant remember it for the life of me. For some silly reason they dont like going from Slate to Freedom...
Drapping has its pros and cons...
-J
