Had some good luck with Chase today

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
MemberSince99
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Postby MemberSince99 » Mon Nov 12, 2012 4:41 pm

Ratfacedudeguy wrote:True story man. They hit me with the same apr for my Amazon card too. But like you said, balance carrying is out of the question so no big deal there.


Mega congrats to you Rat, glad to see you got the cards you were after! That's really great. Now you gotta change you siggy


Ratfacedudeguy
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Postby Ratfacedudeguy » Mon Nov 12, 2012 5:19 pm

Snowman wrote:Nice job Rat! I want to apply for a Chase really bad, but I'm holding until December or maybe next year until I apply for one. Let us know how good the Amazon card is, I shop there at least 1-2 a month and I always am lured into taking their offer during checkout but, I never apply for it because I don't know how good it is.


Thanks man! The only real drawback I see with the Amazon card is that even though you can pretty much redeem them for all the same things, the rewards points on this card are not Ultimate Rewards points so you can't combine them with your other Ultimate Rewards accounts. I mean, I guess there are ways around it because you can still redeem for cash via check or statement credit, so it's more of a minor inconvenience than anything else. I do like the 2% rewards on drug stores because I've been looking for a non Cash+ card that will give me some extra points for my cigarette purchases at the Walgreens up the street from my house. Also, I'm not particularly sold on the 3% back at Amazon because honestly my goal is to never actually spend money on Amazon and fund my little hobby purchases (paints, airbrush supplies, Gundam model kits, etc.) purely with rewards points. Oh, and if it matters to anyone, when you apply you can choose between the default blue design, a black design, or a lime green design. You can also switch back and forth between each of the designs as many times you want through the Chase website. I opted for the default blue, but I'll probably order the other two just for the sake of the collection. I'll probably order a second CSP too just to keep one of them mint. Anyway, the $50 gift card upon approval with no initial spend requirements is an awesome bonus, and the gift card balance gets loaded into your account immediately while the Amazon card automatically links to your account as your default payment method for literally instant access. To ensure that these link up seamlessly, the best thing to do would probably be to apply directly through Amazon. Oh, and the other reason that I just remembered is that if you submit an app linked from Chase's site, they'll only give you a $30 gift card instead of the $50 offer you get direct from Amazon.

MemberSince99 wrote:Mega congrats to you Rat, glad to see you got the cards you were after! That's really great. Now you gotta change you siggy


Thanks a lot man! I'm glad to see you still around the boards -- I thought you were pretty much gone for good after the last time the whole credit-loathing thing reared its ugly head. What is kind of a disappointment though is that I don't think I got the World Elite Mastercard version like we were talking about earlier because there doesn't seem to be a way to apply directly from the Mastercard website anymore -- it just links you to the regular Chase credit card page. Who knows, maybe when it shows up in a couple weeks I'll be pleasantly surprised by the ultra cool silver WEMC logo on the back. And you're absolutely right -- time to update the sig!

Oh, and for the record, at the time I applied my EQ FICO was about 684, ~30% utilization reporting on two accounts, <$10 balances reporting on my Amex cards, and everything else reporting zero. I think what finally got me in the CSP club was that my SECU and Discover accounts finally reported their respective $5k and $7k limits when previously my highest limit was the Discover's $3800. That and pushing through a bunch of activity and high payments on my Freedom. Also, the loan analyst that helped me told me that their policy is to limit the number of new credit accounts that they'll open for you to up to 2 every 30 days. Figured that info could be useful to save someone an unnecessary inquiry somewhere down the road.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

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Snowman
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Postby Snowman » Mon Nov 12, 2012 7:27 pm

You know every time I'm getting ready to buy something and checkout and charge my cards it is always tempting to hit the application button there because they always have 30.00 dollars if you apply it applied immediately if you are approved. But I'm hoping to go for the Freedom at the end of next month if I am not approved for an Amex and if not the Freedom either, then the Amazon card, since I do quite a bit shopping there.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

Ratfacedudeguy
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Postby Ratfacedudeguy » Mon Nov 12, 2012 8:17 pm

From a strict rewards standpoint, the Freedom would be a much better deal than any Amex charge card, if for nothing more than straight 1% return on non-revolving categories. It'll mesh well with your More card, especially if we have any quarters next year like 3rd quarter this year where the Freedom was giving 5% on restaurants while the More was giving 5% on gas. After analyzing the rewards structures of all the major players, since I don't travel a heck of a lot I find Chase's Ultimate Rewards to be probably the best system for me personally. Discover would be at the top if it weren't for the tiered returns on the More for non-bonus categories. Discover is really stepping up their game too when it comes to extra benefits, what with them now offering return protection and all. Unless you're planning on making high-dollar purchases where you'd want a higher dollar amount of protection, I'd probably encourage you to reconsider your pursuit of Amex cardmembership, unless of course you want to set yourself up for some nice backdating. At this point that's probably the only reason why I'd recommend them -- and if you're going to do it, do it before the year is out so all your future accounts get backdated to 2012. I don't really use my Amex cards anymore now that the "new toy" factor has died down and I've had a good chance to really analyze other companies' rewards structures. If cash return is what you're after, Amex just doesn't cut it. Just some food for thought.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

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Snowman
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Postby Snowman » Mon Nov 12, 2012 8:44 pm

Rat, there are only three reasons why I would consider an Amex charge card:

1.) Backdating
2.) No Interest, so balance has to be paid ASAP, and it keeps my spending in check.
3.) I travel occasionally, and I would use this card for special occasion (i.e. buying something for my parents anniversary or taking them out to dinner once in a while or special events.) I dont mind the annual fee, I'd easily be able to make it up.

I would love to have the Freedom, but from what I have read on this forum and some of the other credit forums, I keep hearing that you need to have at least 1 year of credit history, and ti has to be excellent-or close to excellent as possible if you get approved. The only thing is that I am a student that only pulls in 12,000 a year. My scores were as of 11/8/12: Equifax: 729 (myfico scores the 19.95 one) Experian: 738 (Citi's CSR when I got approved for the Forward on the 27th of October) and Transunion: 742. (again from myfico's 19.95 one). I figure If I get approved for the Amex, I'll hold off on Chase until summer of next year or December of next year, and if I do not get approved for Amex either then go for Chase. If Chase does not approve me either, then I guess I'll garden for a year and then try my luck again, but I feel I have a reasonable chance of getting approved for either of the cards. I want to get the BCE, but I might go for it sometime next year. And yeah, I would only use the More and Freedom (If I get approved, maybe if I get denied by Chase, I can always say I have the More, so that might change their minds...lol. The only things I would use their cards would be for are the categories. And I'd use the Amex Gold for any dollar purchases or for shopping when Discover or Chase won't offer it. My accounts cut on the following (12th for Discover, and 26th for BOFA, 27th for Citi) so like a day or two after the statements cuts, and to push my fico score a little bit higher, leave a small balance on my Discover and pay off the other, and if all goes well, I should have a good chance, if I not, it was worth a shot. I haven't used my Discover card yet, but I will after today! and yeah I'm planning to apply for Amex in 2012, I'm only afraid my short history will hurt me, as well as the 2 newer cards that I got approved for. Another weird thing is, I was thinking my Forward card and More card were going to be processed as the student versions, but on both pf the homepages there is no mention of Student versions. They both show up as regular....weird. Sorry for the long post.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

Ratfacedudeguy
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Postby Ratfacedudeguy » Mon Nov 12, 2012 11:01 pm

No problem. As you can see, I tend to make long posts myself. From what you've said, you should be a shoo in for the Zync to get that backdating working for you at the very least. BCE would most certainly be out of the question right now due to your limited history. It sounds like that would be your best strategy right now, and maybe try and get in with Chase with the Amazon card to build some history with them, and then garden for a good 6 months and shoot for the Freedom.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

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Snowman
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Postby Snowman » Mon Nov 12, 2012 11:23 pm

Rat- I would love to have the Zync, but unfortunately they have stopped taking new applications for it. I did look at the Green, but I was not to fond of the rewards and the like, that is why I was interested in the Gold, because of the fact that rewards are better (even though the annual fee is slightly higher). And the reasons I mentioned above. I was hoping if I get an Amex, then I would hold off on Chase until sometime next year (summer-winter depending on the circumstances in that time.) If not then I would go for a Chase, and if i ended up getting neither, then I would just garden for a while and try in 6-12 months and see what my chances are. I think my scores are okay for an Amex or Chase, but my short history and income are getting in the way, even though my income has gone up 2x since last year.

These are the Cards I want in the future or have already gotten

1.) Bofa Cash rewards (got it)
2.) Citi Forward (got it)
3.) Discover More (got it)
4.) Chase Freedom
5.) Amex Gold
6.) Amex BCE
7.) Chase Sapphire

The Amazon would be used sparingly, just for Amazon purchases. I just don't want my CL to reach my income amount, because creditors will probably see me having too much credit for my income, at least I would venture to say. I just want a max of 5-6 cards and then I am done for at least a year or two.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

Ratfacedudeguy
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Postby Ratfacedudeguy » Tue Nov 13, 2012 7:51 am

Woah, I didn't even realize they were no longer taking Zync applications! Guess I got mine just in time. In that case you may stand a chance to get in with the Green card, as that was my first Amex and my credit report wasn't exactly in ideal condition when I applied. Well, let us know what you end up doing and best of luck to you!
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

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Snowman
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Postby Snowman » Tue Nov 13, 2012 9:26 am

Haha I will. And congrats on getting accepted for a CSP and Amazon card!
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

Ratfacedudeguy
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Postby Ratfacedudeguy » Sat Nov 17, 2012 10:08 am

Some more success. The cards arrived yesterday. CSP in all of its metallic glory with a silver foil Visa logo on the back making me no longer regret not getting the Mastercard version, Amazon card printed on yellow cardstock with exposed yellow edges -- both are totally sweet looking cards. So I got approved for the accounts on Sunday, Monday was a holiday, and the cards arrived on Friday -- rush ordered, not even at my request! I liked how when I called to activate the CSP, the rep on the phone was eager to inform me that "ooohhh, this is our most prestigious card. Did you know that?" I had no idea lol. She was extremely helpful though, and she gave me a very comprehensive summary of the benefits of each new account, 99% of which I already knew because I guess the vast majority of folks just apply for cards after having done no research whatsoever. I was excited to find out that my EZPass bill would be considered a travel expense and would thereby qualify to earn double points. And I just checked my accounts this morning and noticed my Freedom was granted an unprompted CLI to $2000, so my total revolving limit from Chase went from $400 to $0 to $9000 in a matter of a few months. Not bad, Chase. Not bad at all.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13



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