A complex situation

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bodhica
 
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A complex situation

Postby bodhica » Wed Sep 03, 2014 4:23 pm

I have a Chase Sapphire credit card. I was approved for the card while I was employed, making a good wage. Then I lost my job, and I now receive unemployment.

Chase had recently mailed me an offer wherein if I open a checking account with them and setup direct deposit, they will pay me $300 cash. Although I have no job, I could set up direct deposit of my unemployment checks into my my Chase checking account.

I'm concerned that if I set up direct deposit from my unemployment to my Chase checking account, Chase will notice the discrepancy between this and the job I reported when I applied for my credit card. I'm concerned that this may cause Chase to restrict my credit, or that it may harm my credit more generally.

What do you think?


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onion
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Postby onion » Wed Sep 03, 2014 7:05 pm

bodhica wrote:I have a Chase Sapphire credit card. I was approved for the card while I was employed, making a good wage. Then I lost my job, and I now receive unemployment.

Chase had recently mailed me an offer wherein if I open a checking account with them and setup direct deposit, they will pay me $300 cash. Although I have no job, I could set up direct deposit of my unemployment checks into my my Chase checking account.

I'm concerned that if I set up direct deposit from my unemployment to my Chase checking account, Chase will notice the discrepancy between this and the job I reported when I applied for my credit card. I'm concerned that this may cause Chase to restrict my credit, or that it may harm my credit more generally.

What do you think?


I wouldn't risk it. Those $300 offers are easy to find online, so they'll turn up again once you get a job. If you don't get another offer, just google it and you'll find one.
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MemberSince99
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Postby MemberSince99 » Wed Sep 03, 2014 8:02 pm

I would agree. You may get another job soon then you can do it.

takeshi
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Postby takeshi » Thu Sep 04, 2014 12:53 pm

bodhica wrote:What do you think?

Does the benefit outweigh the risk for you?



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