CarefulBuilder14 wrote:You would probably be declined for both (non-student) Discover and CSP at this time. Discover likes to see a little more history (for the non-student version, at least) and CSP usually requires someone to have an existing CL in the $5k ballpark (as in maybe $3.5k+).
You have a reasonable chance of getting a Freedom with a $500 or $600 CL.
Are you a student? Discover offers a student version of the It. I think the card is identical - they just give a low starting CL. You might qualify for that.
Have you applied (and been declined) for any other credit?
Are you a Chase checking customer? I was and got Freedom with zero history (just a $600 CL to start, but it's now $4k).
Your odds for Discover and Freedom will be higher once you have a full 6 months of history.
Discover, CSP, and Freedom are all great cards and definitely worth getting!
ttdun314 wrote:No, I'm not a student. I've shunned all types of credit for far too long, paying with cash for everything. I had just heard that people with no credit can get the Journey card, despite not being a student. My annual income right now is ~70,000, but that's going to go down in the next month or so, as I'm leaving my job for something that pays less but is far more enjoyable. That's kind of why I was thinking of applying now, but if you think waiting six months, when my income will be closer to 50k, I could wait to apply then.
Unfortunately, I don't have any history with chase. I'm with a local credit union right now, which does offer credit cards but not any rewards cards.
I agree that CSP is probably out of my range. What about the AMEX Everyday CC? Do I have a decent chance of getting either the Freedom or ED if I apply for both?
Vermonster wrote:Chase freedom is easier to get than almost any Amex. Mostly because the Freedom you can get a SL as low as $500 where I think Amex is $1000. You also have to be careflu when making statements like "Chase is more conservative than AmEx"
Amex charge cards are probably easier to get than most cards. They offer very little risk for Amex as you must pay in full each month. I doubt they would care too much about closing a new account if you didn't PIF. Amex credit cards are much harder to get. Chase has a full spectrum of credit cards running from the Freedom to the CSP or Ritz. Each card has it's own underwriting so it is tough to say "Chase is more or less conservative than X". It just depends on the specific cards.