Does the credit card reconsideration line actually work?

For just about anything you want to get off your chest about credit cards.
15 posts
Centurion Member
Centurion Member
Posts: 179
Joined: Fri Apr 13, 2012 7:05 pm
Location: Miami, FL

Postby PopiLopi » Mon May 07, 2012 10:01 pm

The reconsideration line worked for me on the Chase Freedom. They asked why I had more than 6 inquiries in 2012, i explained that I bought a car in January and the dealership submited applications with several financial institutions to offer me the lowest interest rate. I also pointed out that my utilization was low (under 7%) and that I was interested in the card for the rewards that were a lot better than Discover's... The lady put me on hold for 2 mins and came back to say I was approved.

I find it curious how the credit karma scores differs so much from your Fico score, I currently have a 657 CK score, but I also checked TransUnion and Equifax and those are 696 and 699 respectively , but in cases like andy1088 it's the opposite, CK is higher than Fico...
Amex: Business Platinum (09/12) BCP $10,500 (03/13)
Visa: Capital One Journey $750 (04/11) Chase Freedom $1,800 (04/12)
MasterCard Citi AAdvantage Platinum Select $8,500 (05/13)
Discover: Discover It $2500 (07/11)
Store Cards: Amazon $3900 (12/11) Macy's $500 (04/11) Kohl's $500 (05/12) Victoria's Secret $750 (11/12)

Centurion Member
Centurion Member
Posts: 709
Joined: Fri Apr 20, 2012 10:24 pm
Location: US&A

Postby agp » Tue May 08, 2012 5:11 am

I called PenFed last Thursday or Friday about my denied card. They said they would make a decision on the appeal Monday or Tuesday. We'll have to see what they say today.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

Centurion Member
Centurion Member
Posts: 156
Joined: Wed Nov 30, 2011 8:23 pm
Location: New Jersey, United States

Postby andy1088 » Tue May 08, 2012 10:25 am

I never tried with Amex. I don't really have an interest in Amex for some reason. I don't know why I just never thought about applying. Now that I got the BOA card I think I'm gonna stop for at least a year. I have some good cards now and I'm happy with them.
My cards
Chase-Sapphire-$5,000 Freedom-$3,000, Amazon rewards-$700, Slate-$600
Citi- Diamond Preferred-$4,000, Thank you-$2,500
Discover IT-$2,500
Bank of America cash rewards-$2,000
Capital one newcomer rewards-$500

Centurion Member
Centurion Member
Posts: 538
Joined: Fri Mar 09, 2012 9:29 am
Location: San Francisco, CA

Postby Crashem » Tue May 08, 2012 10:57 am

I really enourage getting an AMEX card early for future backdating. Even if you get it for a year and cancel it, just make sure to save the card for the future. AMEX backdating is very powerful.
Amex Centurion, Amex Platinum, Amex BCP 8k->24k (5/23/12), Amex TE 15k, Cap One 1.5% 15k->20k (8/7/13), CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k->2.4k (8/20/12), JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k

Posts: 1
Joined: Tue May 08, 2012 9:50 pm
Location: Poughkeepsie, NY

Postby a3quit4s » Tue May 08, 2012 9:54 pm

It worked for me with Chase as well. Explained the reason I would like the Sapphire (travel rewards for work). He asked about a balance from BoA and I told him it was from a vacation I'm paying off soon. He came back two minutes later and said I was approved for $6K after being initially denied for too many inquiries.

Be prepared when you can and be extremely friendly, it always help me.

Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 3 guests