Author Topic: Chase Reconsideration (Read 2408894 times)

Shmulyg · « **Reply #2180 on:** March 03, 2013, 08:41:56 AM »

Quote from: shmooz on March 02, 2013, 07:50:42 PM

so we applied for the ink bold for wifes business (got targeted app in mail so I thought that would be more likely to be approved) already have classic and plus and sw. Didnt get any denial, just a call from them.
After discussing the business profits the guy turned kind of nasty and said that their exposure is way too high considering her income alone.

In order to approve this card he would cut the total credit limit from 75k to 15k. Can't transfer credit or close any cards. I'm pretty sure that cutting the CL that much would be bad for credit score so i declined.

I dont think the guy understood exactly the gross and business profits, and its not as drastic as he thought, but I am nervous and dont want recon again. Should i be more nervous and move the UR points out of there?

If the credit line you refer to is from biz cards, it won't effect your credit score whatsoever.

Shmulyg · « **Reply #2181 on:** March 03, 2013, 08:50:50 AM »

Quote from: sky121 on March 02, 2013, 08:07:17 PM

Don't know if it changes the ballgame but it def helps me out and makes things simpler for me.

You're right, I overreacted. But it does make life a whole lot easier.

wierdal832 · « **Reply #2182 on:** March 03, 2013, 02:12:16 PM »

has any1 had success churning the BA?

AJK · « **Reply #2183 on:** March 03, 2013, 02:34:12 PM »

Quote from: wierdal832 on March 03, 2013, 02:12:16 PM

has any1 had success churning the BA?

Yes, there have been a couple reported successed on DDF. Searching shall reveal that which you require.

wierdal832 · « **Reply #2184 on:** March 03, 2013, 02:39:18 PM »

Quote from: AJK on March 03, 2013, 02:34:12 PM

Yes, there have been a couple reported successed on DDF. Searching shall reveal that which you require.

thanks

gingiboy5 · « **Reply #2185 on:** March 04, 2013, 04:10:03 PM »

i applied for all 3 chase ink biz cards (bold, plus, cash) and only got accepted for the bold with 7k credit line. after HUCA 3 times, they still wont budge on the other 2 cards b/c my biz is still fairly new at 3 yrs and the revenue of 20k is not enough to prove myself yet...anything else i can do?!

wierdal832 · « **Reply #2186 on:** March 04, 2013, 04:15:41 PM »

Quote from: gingiboy5 on March 04, 2013, 04:10:03 PM

i applied for all 3 chase ink biz cards (bold, plus, cash) and only got accepted for the bold with 7k credit line. after HUCA 3 times, they still wont budge on the other 2 cards b/c my biz is still fairly new at 3 yrs and the revenue of 20k is not enough to prove myself yet...anything else i can do?!

Huca huca huca

judahk88 · « **Reply #2187 on:** March 04, 2013, 04:51:51 PM »

Quote from: gingiboy5 on March 04, 2013, 04:10:03 PM

i applied for all 3 chase ink biz cards (bold, plus, cash) and only got accepted for the bold with 7k credit line. after HUCA 3 times, they still wont budge on the other 2 cards b/c my biz is still fairly new at 3 yrs and the revenue of 20k is not enough to prove myself yet...anything else i can do?!

Quote from: wierdal832 on March 04, 2013, 04:15:41 PM

Huca huca huca

Cant you see he already did HUCA 3 times

rots5 · « **Reply #2188 on:** March 04, 2013, 05:00:22 PM »

just called to see if i can get retention on my SP WMC they wont budge so i just downgraded to a reg Sapphire, but it stays a WMC!!

gingiboy5 · « **Reply #2189 on:** March 04, 2013, 05:02:32 PM »

Quote from: judahk88 on March 04, 2013, 04:51:51 PM

Cant you see he already did HUCA 3 times

every time i HUCA they quote what the previous representative said. anything new i can say that will get me the extra cards???

dovy2 · « **Reply #2190 on:** March 04, 2013, 05:36:46 PM »

Guess what? SM reconsider works wonders!

I had done a 3bm with hyatt, SP and Southwest. Was declined on all three.

Called about hyatt first, got it approved through moveing some credit.
[waited till approval]

Called about SP, got it approved after moving some credit line (actually, I used the same credit lines as the first one, for some reason their system didn't update the new line)
[waited till approval]

Called about Southwest, denied. HUCA, denied again. HUCA, denied "no more than 2 cards every 30 days".

Sent SM as follows:
Hi there.
I'm writing so that you PLEASE reconsider my Southwest Application card.
I really like SW and wish to have their Credit Card.
I UNDERSTAND that I've opened many cards in the past, but PLEASE understand me. I don't need any NEW credit from chase, so I'm willing to have credit lines moved around to enable me application to be approved.
If needed, I'm even ready to close my United card, as long as I get approved.
I have a good credit history with chase, never once had a late payment, and I also have a checking account with chase with around 2000 dollars.
Please get me approved, and THANKS in advance.

Got back SM next day:

We have reconsidered your original request and are pleased to inform you that your request has been approved. A more detailed letter has been sent to you.

That's it! No need to actually move lines or close cards!!!

rots5 · « **Reply #2191 on:** March 04, 2013, 05:38:09 PM »

now thats a great story!!! kol hakavod!

Moshe123 · « **Reply #2192 on:** March 04, 2013, 05:43:09 PM »

Quote from: dovy2 on March 04, 2013, 05:36:46 PM

Guess what? SM reconsider works wonders!

I had done a 3bm with hyatt, SP and Southwest. Was declined on all three.

Called about hyatt first, got it approved through moveing some credit.
[waited till approval]

Called about SP, got it approved after moving some credit line (actually, I used the same credit lines as the first one, for some reason their system didn't update the new line)
[waited till approval]

Called about Southwest, denied. HUCA, denied again. HUCA, denied "no more than 2 cards every 30 days".

Sent SM as follows:
Hi there.
I'm writing so that you PLEASE reconsider my Southwest Application card.
I really like SW and wish to have their Credit Card.
I UNDERSTAND that I've opened many cards in the past, but PLEASE understand me. I don't need any NEW credit from chase, so I'm willing to have credit lines moved around to enable me application to be approved.
If needed, I'm even ready to close my United card, as long as I get approved.
I have a good credit history with chase, never once had a late payment, and I also have a checking account with chase with around 2000 dollars.
Please get me approved, and THANKS in advance.

Got back SM next day:

We have reconsidered your original request and are pleased to inform you that your request has been approved. A more detailed letter has been sent to you.

That's it! No need to actually move lines or close cards!!!

Kol HaKavod!

Maybe, just maybe it is a whole new ballgame.

Redbull3 · « **Reply #2193 on:** March 04, 2013, 05:50:45 PM »

Quote from: dovy2 on March 04, 2013, 05:36:46 PM

Guess what? SM reconsider works wonders!

I had done a 3bm with hyatt, SP and Southwest. Was declined on all three.

Called about hyatt first, got it approved through moveing some credit.
[waited till approval]

Called about SP, got it approved after moving some credit line (actually, I used the same credit lines as the first one, for some reason their system didn't update the new line)
[waited till approval]Called about Southwest, denied. HUCA, denied again. HUCA, denied "no more than 2 cards every 30 days".

Sent SM as follows:
Hi there.
I'm writing so that you PLEASE reconsider my Southwest Application card.
I really like SW and wish to have their Credit Card.
I UNDERSTAND that I've opened many cards in the past, but PLEASE understand me. I don't need any NEW credit from chase, so I'm willing to have credit lines moved around to enable me application to be approved.
If needed, I'm even ready to close my United card, as long as I get approved.
I have a good credit history with chase, never once had a late payment, and I also have a checking account with chase with around 2000 dollars.
Please get me approved, and THANKS in advance.

Got back SM next day:

We have reconsidered your original request and are pleased to inform you that your request has been approved. A more detailed letter has been sent to you.

That's it! No need to actually move lines or close cards!!!

What exactly do you mean... So they said they were going to transfer CL to open a new card and instead just opened the new card with decreasing the old CL??

Moshe123 · « **Reply #2194 on:** March 04, 2013, 05:58:51 PM »

Quote from: Redbull3 on March 04, 2013, 05:50:45 PM

What exactly do you mean... So they said they were going to transfer CL to open a new card and instead just opened the new card with decreasing the old CL??

He said that they decreased his limit on one card, but it worked for 2. So he thinks that he gained credit.

dovy2 · « **Reply #2195 on:** March 04, 2013, 06:01:10 PM »

Quote from: Redbull3 on March 04, 2013, 05:50:45 PM

What exactly do you mean... So they said they were going to transfer CL to open a new card and instead just opened the new card with decreasing the old CL??

In order to open the Hyatt, they said they will move 5k from my Marriott. When I called 2 days later for the SP they said again that they'll move 5k from the Marriott (the system didn't update that the 5k was already moved).

mod · « **Reply #2196 on:** March 04, 2013, 06:30:34 PM »

Just applied for UA, Southwest Plus, Southwest Premier.
Approved on UA instantly and then the 2 SW with shifting credit over the phone.

gingiboy5 · « **Reply #2197 on:** March 04, 2013, 07:00:25 PM »

Quote from: dovy2 on March 04, 2013, 05:36:46 PM

Guess what? SM reconsider works wonders!

I had done a 3bm with hyatt, SP and Southwest. Was declined on all three.

Called about hyatt first, got it approved through moveing some credit.
[waited till approval]

Called about SP, got it approved after moving some credit line (actually, I used the same credit lines as the first one, for some reason their system didn't update the new line)
[waited till approval]

Called about Southwest, denied. HUCA, denied again. HUCA, denied "no more than 2 cards every 30 days".

Sent SM as follows:
Hi there.
I'm writing so that you PLEASE reconsider my Southwest Application card.
I really like SW and wish to have their Credit Card.
I UNDERSTAND that I've opened many cards in the past, but PLEASE understand me. I don't need any NEW credit from chase, so I'm willing to have credit lines moved around to enable me application to be approved.
If needed, I'm even ready to close my United card, as long as I get approved.
I have a good credit history with chase, never once had a late payment, and I also have a checking account with chase with around 2000 dollars.
Please get me approved, and THANKS in advance.

Got back SM next day:

We have reconsidered your original request and are pleased to inform you that your request has been approved. A more detailed letter has been sent to you.

That's it! No need to actually move lines or close cards!!!

you think this would work with business cards too?

yosefchaim · « **Reply #2198 on:** March 04, 2013, 07:03:37 PM »

What's better about the Ink plus that the Ink Bold doesn't offer? (I need to tell recon. why I want the Ink plus if I already have the Ink Bold)

noturbizniss · « **Reply #2199 on:** March 04, 2013, 07:10:03 PM »

Quote from: yosefchaim on March 04, 2013, 07:03:37 PM

What's better about the Ink plus that the Ink Bold doesn't offer? (I need to tell recon. why I want the Ink plus if I already have the Ink Bold)

Bold is charge plus is credit. Say you plan on financing some purchases and need a line of credit

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Author Topic: Chase Reconsideration (Read 2408894 times)