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I am about a year away from applying for a Chase card--I need to stay in the garden for awhile. But I recently bought a new car with Chase branded financing. Will that be considered a "relationship" with Chase? Just wondering if it will help me more than a different positive installment line once I am ready to apply. I really want the United Explorer card. I fly United a good bit, and it would be a good fit for me.
any kind of account is a relationship for that purpose so your car loan works.
If you can squeeze $300 to start a savings account with them you might want to do that as well. (300 is the minimum for not having a monthly fee on their cheapeast savings account).
Keep up the hard work and you'll get where you want to be!
@Anonymous wrote:any kind of account is a relationship for that purpose so your car loan works.
If you can squeeze $300 to start a savings account with them you might want to do that as well. (300 is the minimum for not having a monthly fee on their cheapeast savings account).
Keep up the hard work and you'll get where you want to be!
While all true, the word 'relationship' when it comes to getting credit cards can ne misconstrued. Autos generally are much easier to get if your scores are low because it is a secured loan. Credit cards are not secured in most cases so whether you have an auto loan, checking account, etc, that will only go so far if your scores are low. generally you're far better to focus your efforts on doing whatever you can to fix the problems in your reports that will result in higher scores. A $300 checking account isn't going to help getting a United Explorer card if your scores are in mid 500s.. if the OP can keep improving their scores so that they are in upper 600s, low 700s, then their chances will be that much better.