App for Freedom w/o credit history w/ high income

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
15 posts
TheSwarm
Platinum Member
Platinum Member
 
Posts: 74
Joined: Wed May 28, 2014 1:13 am
Location: California

Postby TheSwarm » Fri Oct 10, 2014 4:02 pm

Omarperez48 wrote:Yeah I don't think they will approve you. Not to mention you don't even have a job history so that is not going to help you at all. Secured card is the way to go.


Month old thread huh? I wonder if he is still checking this post.


MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Fri Oct 10, 2014 7:00 pm

Probably not.


If there was a banking relationship with Chase, I'd give it a shot. I've heard of people getting Freedom as a first card. Sure it's a 500 limit, but if you get a Crap One card you'll get the same starting limit or less, it will never grow the way the Freedom will, it won't have the rewards, and it will have a 39 annual fee and the worst customer service on the entire planet.


If I had accounts with them, I'd take the shot at the risk of a couple of inquiries and remember how recon friendly they are. I'm not the gambling sort but this is a gamble I'd take.

User avatar
lobbythis
Centurion Member
Centurion Member
 
Posts: 618
Joined: Sun Sep 07, 2014 8:53 pm
Location: usa

Postby lobbythis » Fri Oct 10, 2014 8:35 pm

MemberSince99 wrote:

If there was a banking relationship with Chase, I'd give it a shot.



I wouldn't bank on that. I applied for Chase Freedom and was denied, even though I have enough money in my account to cover having a CSP. They didn't care at all. In fact, it was the most rude recon call I've had.

User avatar
CarefulBuilder14
Centurion Member
Centurion Member
 
Posts: 3755
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Postby CarefulBuilder14 » Fri Oct 10, 2014 8:37 pm

lobbythis wrote:I wouldn't bank on that. I applied for Chase Freedom and was denied, even though I have enough money in my account to cover having a CSP. They didn't care at all. In fact, it was the most rude recon call I've had.


It's a YMMV area. I've been a long-time checking customer, and my first card was a $600 Freedom. Before that, my reports only showed a year-old GECRB app that got denied.

Edit: It was instant online approval. No recon needed.
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

whit
Centurion Member
Centurion Member
 
Posts: 508
Joined: Tue Aug 13, 2013 10:04 pm
Location: ca

Postby whit » Tue Oct 14, 2014 10:00 pm

didn't know there's a set amount that would cover a revolving credit line with CSP (whose starting CL is 5k) although I know if you have at least 10k in deposit or investments with Chase you can get a reconsideration and although it's not guaranteed, it gives you a better shot

chase seems to be more strict these days imho

a student who doesn't have any social, has about 100k in account and can prove s/he gets that much in a year from parents in support (based on prior 2 year deposits) to more then cover rent/school/etc

only got approved for a freedom of 500cl



Return to “Visa & MasterCard”

Who is online

Users browsing this forum: No registered users and 2 guests