Chances for CSP

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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beckhsrules
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Chances for CSP

Postby beckhsrules » Wed Sep 03, 2014 12:53 pm

Please find the cards I have in my signature. I plan on gaining from the CSP, Freedom combo. Will I get approved for them? Also what are the best sign up bonuses for these cards. I know that 200$ is the one for Freedom but what is the best offer for CSP?
Cards:

Amex Blue Sky 2000 (5/14)
Amex PRG NPSL (8/14)
Bank of America Cash Rewards Visa 2500 (1/14)
BofA Better Balance Rewards 1000 (6/14)
Discover IT 1250 (4/14)


Scores: As of May 25 2014

Experian 714
Equifax 709
TransUnion 714
Discover 694(Aug 31)


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CarefulBuilder14
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Postby CarefulBuilder14 » Wed Sep 03, 2014 2:00 pm

The best offer I know of for CSP is 40,000 points ($400 cash or potentially more with travel).

Your odds for a Freedom are probably pretty good.

To get a CSP, Chase might like to see one existing CL around $5k. The lack of that is sometimes cited as a reason for people being declined. It is not mandatory, though, and with a high enough income you can get around that. Like many credit cards, the CSP requirements probably have weakened a little over time.

Some people have also reported that it is best to open the Freedom first, before the CSP. Exactly how long to wait between cards, I'm not sure. Applying for both at once sometimes results in an approved Freedom and declined CSP.

Of course, this is just based on anecdotes, so YMMV.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

beckhsrules
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Postby beckhsrules » Wed Sep 03, 2014 2:06 pm

Does Freedom also has access to the UR malls or is it only CSP?
Cards:



Amex Blue Sky 2000 (5/14)

Amex PRG NPSL (8/14)

Bank of America Cash Rewards Visa 2500 (1/14)

BofA Better Balance Rewards 1000 (6/14)

Discover IT 1250 (4/14)





Scores: As of May 25 2014



Experian 714

Equifax 709

TransUnion 714

Discover 694(Aug 31)

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CarefulBuilder14
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Postby CarefulBuilder14 » Wed Sep 03, 2014 2:24 pm

beckhsrules wrote:Does Freedom also has access to the UR malls or is it only CSP?


Yes. I'm not sure how great it really is compared to ShopDiscover or even random promos by the retailers themselves, but I have Freedom and no CSP and I have UR Mall access.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

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nismoZtuner
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Postby nismoZtuner » Wed Sep 03, 2014 2:38 pm

beckhsrules wrote:Please find the cards I have in my signature. I plan on gaining from the CSP, Freedom combo. Will I get approved for them? Also what are the best sign up bonuses for these cards. I know that 200$ is the one for Freedom but what is the best offer for CSP?


I would say your chances are good for the CSP.. When I first applied for a visa signature card it was for the Marriott Rewards Premier a month after turning 21 y/o. I did not have a limit of over $3500 (most people say you already need a $5k limit card but i didnt) when I applied I was surprised that I was approved for my first limit of $5k. then about 5-6 months later I applied for the CSP and was approved with $5,800 then 4 months later I was given an auto increase to $7,300. yet my Marriott card is still $5k. what i like about CSP is the 20% discount on travel! and the visa signatureperks!

If you decide to go for the CSP let me know I can refer you and I`ll get 5,000 points! (might of well help someone who wants points)
you`ll still get the standard 40,000 points and the 5,000 after you add an authorized user!
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]
Chase Sapphire Preferred[7.3]
Inquires: TU(?) EX(?) EQ(?)
TCL-$19,800
Age-22

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sicasun
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Postby sicasun » Wed Sep 03, 2014 5:26 pm

I think you should get Freedom pretty easily. A lot of my younger friends still in college get that card on their own, and it was my first credit card too (not counting the one my parents made me an authorized user on).

The Freedom/CSP combo is pretty darn good, but don't know how it'll be if you apply for them back to back.
But anyway, the CSP right now has a 40,000 point bonus if you spend $3k in the first 3 months, which converts into $400 cash back, 1:1 conversion rate when transferring points to other eligible programs, or about $500 (1.25 rate) if used to book travel through Chase Ultimate Rewards.

Chase Sapphire Preferred | 09/2014 | $10,300
Chase Sapphire | 05/2010 | $5,000
Chase Freedom | 01/2013 | $5,500
CapitalOne Quicksilver | 01/2013 | $2,500
American Express TrueEarnings | 08/2014 | $5,500
Victoria's Secret Angel Card | 04/2011 | $600

FICO | 09/2014 | Experian 738 | Equifax 706 | TransUnion 701

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CarefulBuilder14
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Postby CarefulBuilder14 » Wed Sep 03, 2014 6:30 pm

sicasun wrote:I think you should get Freedom pretty easily. A lot of my younger friends still in college get that card on their own, and it was my first credit card too (not counting the one my parents made me an authorized user on).


And I got my Freedom when the only thing in my credit file was a pull from a rejected GECRB application - although I had a history of checking with Chase and got a toy limit initially.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

popamode72
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Postby popamode72 » Wed Sep 03, 2014 6:51 pm

CarefulBuilder14 wrote:And I got my Freedom when the only thing in my credit file was a pull from a rejected GECRB application - although I had a history of checking with Chase and got a toy limit initially.


How long did it take for you to get a CLI from Chase after you got the card?
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

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CarefulBuilder14
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Postby CarefulBuilder14 » Wed Sep 03, 2014 6:55 pm

popamode72 wrote:How long did it take for you to get a CLI from Chase after you got the card?


8 months. Not automatic. HP on EX and TU. Had $600, requested $3k, got $2k. No balance on the card at the time, always PIF. TU FICO was 726.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

beckhsrules
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Postby beckhsrules » Wed Sep 03, 2014 7:24 pm

Do you guys think I should go ahead with the 100$ offer and not wait for the higher 200$ offer? Man this is credit thing is so addicting. I never thought I would end up with these many cards in my wallet when I stepped into the country eight months earlier.
Cards:



Amex Blue Sky 2000 (5/14)

Amex PRG NPSL (8/14)

Bank of America Cash Rewards Visa 2500 (1/14)

BofA Better Balance Rewards 1000 (6/14)

Discover IT 1250 (4/14)





Scores: As of May 25 2014



Experian 714

Equifax 709

TransUnion 714

Discover 694(Aug 31)



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