A lot, if not most, credit card issuers disregard AU accounts and since you (presumably) don't have any of your own credit history I think it would likely be very difficult to be approved for the CSP for a couple reasons, one of which is that Chase likes to see at least 12 months of credit history before they will approve for any of their cards besides the Freedom Rise. Also, I could be wrong but I don't think you will get a score until you get some credit of your own (that's what happened with my son but it could have been timing).
Out of curiosity, why do you want the CSP right off the bat? That's typically not a card most folks just starting out target immediately.
My recommendation is to start with a secured card, OR if you want to get in with Chase apply for the Freedom Rise. Having $250 in a Chase checking or savings account will boost your odds of approval. Another step you can take is to open a secured loan if you have the ability and bank with an institution that offers them; that will help your credit mix and boost your score. You may not like this answer but good credit and high scores takes time and the best thing you can do is be patient, take the steps you can to build as you go and don't make dumb mistakes. Side note, stay away from the subprime cards just to get a card; it isn't worth it.
@devincottrell wrote:Is this the case with the AMEX gold card authorized users? If so how does being a authorized user at all help your credit once you turn 18 if at all? I looked up the same topic on this forum about authorized users and notice someone added their daughter to their credit card but still got a almost 800 credit score as soon as they turned 18.
Maybe for the issuers that include AU accounts. Chase isn't one of them. My son started with a 780 credit score once he opened his secured card; he's been an AU on my cards for a couple years. However, that score doesn't mean much since he has virtually zero credit history of his own.
As for wanting the CSP, kind of wanted a decent card with decent cash back rewards for gas and such. Plus the $750 travel credit for spending $4000 seems really enticing. Also I had a chase account already and would be nice to have my checking, savings and cc all in one.
The CSP doesn't have a $750 travel credit; it's a $50 hotel credit. Perhaps you're thinking about the intro bonus offer? Also, the CSP doesn't have any elevated point multipliers for gas; have you looked at Chase's other card offerings to see what card best fits your spending patterns? Finally, are you aware it has a $95 annual fee? Regardless, I'm pretty sure it's out of reach for you right now. Since you already bank with Chase, I really think the Freedom Rise is a good start for you and I dare say likely an easy approval. Roll with that card for now and in 12 months you will be ready to "level up" to a better card.
And I have had the AMEX Gold Card for 2+ years at this point, which should be an ample amount of credit history for CSP unless that doesn't count since it's a authorized user card?
Chase strips out AU accounts in their credit decisions so no, it doesn't count.
See my comments above in red.
@FicoMike0 wrote:First, I'm not a chase guy, but you seem to like them.
Before going any further im sure I'm not alone here in suggesting you don't want to pay fees! Sometimes you have to, sometimes it's worth it, but try not to.
You don't mention whether you have an account at chase. If not, get over there and open a checking. I think they have a $300 sign up bonus. Again, go for one where you can get fees waived. I'd suggest going in person and just ask them which card they have for you, now that you are a client.
Local credit unions can be great too, just go in and ask what they can offer.
OP stated he banks with Chase (checking and savings).