Chase Sapphire Pref- I'd read it, if I were you. :)

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
takeshi
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Postby takeshi » Mon Feb 24, 2014 8:03 am

youngandbold wrote:What other cards would compliment with the Chase Sapphire Preferred?

Gas, Travel & Groceries would be the main categories i'll be spending on.

Are you not intending to use the CSP for travel? BCP would cover the other two. I think the Sallie Mae is another card frequently recommended for those two categories if your spend doesn't exceed the limits. I use a BCP and the PenFed Platinum Cash Rewards to cover gas and groceries.


FutureBillionaire
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Postby FutureBillionaire » Mon Feb 24, 2014 11:29 am

I'm concered that banks are loosening their lending requirements. This will be 2009 all over again.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

whit
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Postby whit » Mon Feb 24, 2014 2:56 pm

actually started 07, most notable in 08,

I would be surprised if there's not something that makes it special, and keep in mind, this is if we were to take everything on face value.

there is no way lending is going to loosen to that level, not unless the banks and creditors want to get shut down. there's auditors within the companies itself and also independent (re:government) ones

when someone mentioned the changes to HSBC business accts awhile back, do you think it was because they all of a sudden decided to alienate a portion of their clients?

there are changes made, there will be more rolled out

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djrez4
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Postby djrez4 » Mon Feb 24, 2014 5:23 pm

This thread title pisses me off.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

Rory
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Postby Rory » Mon Feb 24, 2014 6:04 pm

djrez4 wrote:This thread title pisses me off.


i agree, i actually thought i would get some use out of reading this...talk about misleading. It was mildly entertaining though, jut not informative. heres hoping the banks don't crack down, they might notice my limits are approaching my annual income at a steady rate lol
Amex Zync - NPSL (Cleared up to 25k)
Amex BCE - 12000 limit
Amex BCP - 4200 limit
FIA Rewards Amex- 3500 limit
Chase Freedom - 2000 limit
Chase Slate - 2000 Limit
BoA Cash Rewards Privileges- 3000 limit
Barclaycard Rewards MC - 3000 limit
Discover IT- 3500 limit
Marriott PR- 5000 limit
21 years old with alot of life to spend ;)
Its not about the ending, its about the journey,
just as long as the ending is just as good :cool:

flan
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Postby flan » Mon Feb 24, 2014 8:14 pm

MemberSince99 wrote:
That 5k thing people talk about is a preference not something chiseled in stone, as you saw, and you are right. It's an easier card to get than most people realize.


My banker tells me that chase have the same standards for approval for all non-branded cards. If you can get one, you can get any of them, if you can get the credit limit required for the card (if there is one.) (I expect the big reasons people at myfiasco think it's hard to get are 1) income is a big factor in limits, and there are lots of low income folk there; and 2) total exposure keeps them from getting the limit they need. (and 3, only half serious: chase doesn't put much scoring value in store cards.)

MemberSince99
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Postby MemberSince99 » Mon Feb 24, 2014 9:07 pm

Not sure why you guys are pissed at the title.


And I wouldn't worry about the banks cracking down tomorrow or anything. They will at some point though, that's simply a given with the nature of the economy we have, which is why it's wise to get high limits and the cards you want while the getting is good, and hope to hang on when they start slashing limits and closing accounts. As long as you don't carry balances and stay employed you should be able to ride it out.

randeman
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Postby randeman » Fri Feb 28, 2014 10:09 am

flan wrote:My banker tells me that chase have the same standards for approval for all non-branded cards. If you can get one, you can get any of them, if you can get the credit limit required for the card (if there is one.) (I expect the big reasons people at myfiasco think it's hard to get are 1) income is a big factor in limits, and there are lots of low income folk there; and 2) total exposure keeps them from getting the limit they need. (and 3, only half serious: chase doesn't put much scoring value in store cards.)


I mentioned this here (I think) and got shot down for it. Since I was told the same thing by two different underwriters on two different calls, I am edging toward "Chase knows what it's talking about since they are the ones who approve or deny the application and not the people who post on the internet." But, hey! that's just me.

Either way, congrats to the OP. Well done.

And, as has been mentioned before, credit approval is a BIG ymmv. If you think you have what it takes to get the card you want, you just have to apply and see what happens.
Cards and Credit lines Acquired:

Escape by Discover (7.75K), Barclay Holland America Visa (7K), Macy's store card (7K), Bloomingdale's store card (2.6K), Citi Custom Credit Line (3.5K), PayPal Smart Connect credit line (2.7K), Chase Freedom Visa (5K), Chase United MileagePlus Visa (5K), Chase Sapphire Preferred Visa (6K), Amazon store card (2.2K), Lord & Taylor store card (550), Nordstrom store card (1500), Gold Delta SkyMiles from American Express (3K), Discover It (6.5K), PayPal Credit Line (1K).

linuxmachine
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Postby linuxmachine » Fri Feb 28, 2014 5:42 pm

FutureBillionaire wrote:I'm concered that banks are loosening their lending requirements. This will be 2009 all over again.


Lending standards for home loans are much tighter than the mid 2000's, and outsize revolving debt by a factor of 10x+. Total revolving credit during the crash was a little over 1 trillion. We're only at 860B. We're nowhere near 2008, and now that we are 6 years in and have mastered the art of extending balance sheets a la Fed. Don't worry about lending requirements. Worry about systematic failure that has not gone away since.

youngandbold
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Postby youngandbold » Sat Mar 22, 2014 7:43 am

Another update:

CITI 100K card-IDK the name- 5K
Chase Marriott Premier- 5K
AMEX BCE-5K, PRG denied I forgot to use another browser,RECON?
Discover- denied, should I recon?

Thanks!



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