Chase craziness

[2011beginnings]

Last week, I applied for a CSP. Today, I received the regular Sapphire. I was completely shocked.

I called in to see if perhaps I could just upgrade. Unfortunately, I couldn't so I just applied for the CSP.

Got the message staring thank you for applying but it didnt congratulate me. I called the application status line and heard I had two apps - both with $5,000 limits. I had to replay the message.

The customer service rep said I could transfer the $5,000 from the CS to the CSP once I get the CSP and have a total credit limit of $10,000.

I'm shocked. $10,000 and I only have a $2,500 BofA and a Gold AMEX.

Only 24 and I applied after researching this forum for the past month.

Should I have $10,000 on the CSP? Or should I put $5,000 on a Chase Freedom for example?

[Anonymous]

Personally I would keep both open for a while.  Two cards at $5k each is better than 1 at 10K IMO at this time in your credit building stage.  If you had several other cards and TLs then I would say move it to CSP.  Just my opinion though.

CONGRATULATIONS as well on getting both.

[Anonymous]

I'd get the Freedom because of the rotating categories and keep the CSP.  The UR points will add up quickly!

[Anonymous]

I agree with Tryon2improve.  Two $5k limits look good on a thin file.  Garden them and after a year or less you'll have the other begging to give you a CLI.

[2011beginnings]

So I should keep both accounts even though one is a Chase Sapphire ($5,000) and one is a Chase Sapphire Preferred ($5,000)?

[Epcot]

Congats on both approvals!

[Jake0215]

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@2011beginnings wrote:
Last week, I applied for a CSP. Today, I received the regular Sapphire. I was completely shocked.

I called in to see if perhaps I could just upgrade. Unfortunately, I couldn't so I just applied for the CSP.

Got the message staring thank you for applying but it didnt congratulate me. I called the application status line and heard I had two apps - both with $5,000 limits. I had to replay the message.

The customer service rep said I could transfer the $5,000 from the CS to the CSP once I get the CSP and have a total credit limit of $10,000.

I'm shocked. $10,000 and I only have a $2,500 BofA and a Gold AMEX.

Only 24 and I applied after researching this forum for the past month.

Should I have $10,000 on the CSP? Or should I put $5,000 on a Chase Freedom for example?

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I am pretty sure chase wants the account to be inactive for 90 days with a zero balance before they allow you to transfer the entire limit. However, a partial trasnfer is available.

[shakalaka]

Congrats - keep both

[boomhower]

I'd see if they'd change the Sapphire to a Freedom card.  The regular Sapphire is mediocre at best and pretty pointless with CSP.  Congrats on the cards though. 

[js0319]

Wow, these are good problems to be dealing with. Congrats - and I would go with CSP and move the CS to Freedom.