Chase Checking Denial

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mountaindewvoltage
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Re: Chase Checking Denial

Postby mountaindewvoltage » Sat Feb 04, 2017 11:16 pm

CarefulBuilder14 wrote:
mountaindewvoltage wrote:
CarefulBuilder14 wrote:Maybe they associate opening a lot of checking accounts in a short period of time with an increased risk of check fraud.


Maybe, the funny part is they just approved me for a Chase CC for $3,000 so maybe they do want to associate with me in one way or another after all.

Amazon? Or something else?


Yes the new Amazon Prime Metal Visa Signature. I previously had the old one and then closed it, but the limit was only $800.

I wanted to take a stab at the new one because of the 5% cash back, and most of my other spending goes towards gas, drug stores, and restaurants (2%). It's nice that I'm getting $1.35 cash back for every $27 in spend on Amazon where I spend lots of money. If I want flexibility of 0% interest for 6, 12, or 24 months, I can use the Prime Store card, which has a $1,700 limit.


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CarefulBuilder14
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Re: Chase Checking Denial

Postby CarefulBuilder14 » Sun Feb 05, 2017 11:52 am

mountaindewvoltage wrote:I wanted to take a stab at the new one because of the 5% cash back, and most of my other spending goes towards gas, drug stores, and restaurants (2%). It's nice that I'm getting $1.35 cash back for every $27 in spend on Amazon where I spend lots of money. If I want flexibility of 0% interest for 6, 12, or 24 months, I can use the Prime Store card, which has a $1,700 limit.

Where does that put you as far as 5/24?
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

kdm31091
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Re: Chase Checking Denial

Postby kdm31091 » Sun Feb 05, 2017 6:12 pm

It seems that for the moment they are being pretty loose with approving people from the Amazon card.

mountaindewvoltage
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Re: Chase Checking Denial

Postby mountaindewvoltage » Sun Feb 05, 2017 11:57 pm

kdm31091 wrote:It seems that for the moment they are being pretty loose with approving people from the Amazon card.


My credit score is 710, I'd say the average person who gets the card could get approved with a 650. The Amazon Chase card was my first credit card back in the day.

mountaindewvoltage
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Re: Chase Checking Denial

Postby mountaindewvoltage » Sun Feb 05, 2017 11:59 pm

CarefulBuilder14 wrote:
mountaindewvoltage wrote:I wanted to take a stab at the new one because of the 5% cash back, and most of my other spending goes towards gas, drug stores, and restaurants (2%). It's nice that I'm getting $1.35 cash back for every $27 in spend on Amazon where I spend lots of money. If I want flexibility of 0% interest for 6, 12, or 24 months, I can use the Prime Store card, which has a $1,700 limit.

Where does that put you as far as 5/24?


Won't be able to apply for a direct Chase card until probably mid-2018.

Right now my Citi Diamond Preferred is taking a beating from all sides... There's cards that look better, have contactless built into them, have better rewards, are metal, have higher credit limits, have better customer service, and have lower APR's than that one in my wallet right now.

Does anyone know if the new Chase Amazon is subject to the classic NPSL rule?

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CarefulBuilder14
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Re: Chase Checking Denial

Postby CarefulBuilder14 » Mon Feb 06, 2017 4:02 pm

mountaindewvoltage wrote:Won't be able to apply for a direct Chase card until probably mid-2018.

Right now my Citi Diamond Preferred is taking a beating from all sides... There's cards that look better, have contactless built into them, have better rewards, are metal, have higher credit limits, have better customer service, and have lower APR's than that one in my wallet right now.

Does anyone know if the new Chase Amazon is subject to the classic NPSL rule?

I don't know what the current Chase rules are about soft limits. A year or so ago, the rule was that Chase might approve transactions that took you over your CL and would decide on a purchase-by-purchase basis whether to approve or decline each charge. Your next minimum payment would be large.

The spending power on those flexible CL cards wasn't on par with the NPSL on Amex charge cards, though.

Citi DP has some fans, but it's mostly a BT card.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

mountaindewvoltage
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Posts: 396
Joined: Mon Oct 10, 2016 8:40 pm

Re: Chase Checking Denial

Postby mountaindewvoltage » Mon Feb 06, 2017 5:49 pm

CarefulBuilder14 wrote:
mountaindewvoltage wrote:Won't be able to apply for a direct Chase card until probably mid-2018.

Right now my Citi Diamond Preferred is taking a beating from all sides... There's cards that look better, have contactless built into them, have better rewards, are metal, have higher credit limits, have better customer service, and have lower APR's than that one in my wallet right now.

Does anyone know if the new Chase Amazon is subject to the classic NPSL rule?

I don't know what the current Chase rules are about soft limits. A year or so ago, the rule was that Chase might approve transactions that took you over your CL and would decide on a purchase-by-purchase basis whether to approve or decline each charge. Your next minimum payment would be large.

The spending power on those flexible CL cards wasn't on par with the NPSL on Amex charge cards, though.

Citi DP has some fans, but it's mostly a BT card.


Anyways I went into a branch today and I was able to get a checking account with no issues, along with using the $300 coupon.



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