Chase Reconsideration

[AharonInIsrael]

What's the minimum revenue someone has reported here to get a biz card approved? I was just denied with $2k reported.

Also, don't know if this DROPR, but my rep told me that the minimum CL for the IP is $5k.

[TimT]

Also, don't know if this DROPR, but my rep told me that the minimum CL for the IP is $5k.

Yup.
http://forums.dansdeals.com/index.php?topic=43675.msg938355#msg938355

[eli.f]

What's the minimum revenue someone has reported here to get a biz card approved? I was just denied with $2k reported.

Also, don't know if this DROPR, but my rep told me that the minimum CL for the IP is $5k.

Any Visa Signature requires 5K minimum. Although I don't think The IP exists in a non sig version. CMIIW.

[AharonInIsrael]

Yup.
http://forums.dansdeals.com/index.php?topic=43675.msg938355#msg938355

Thanks! I searched this thread, but should have looked there too.

Any Visa Signature requires 5K minimum. Although I don't think The IP exists in a non sig version. CMIIW.

Good to know!

[Yitzshpitz]

I was just told by a Chase rep that my credit history is not long enough (only about a year and a half) to get the buisness card. Should I call back?

[etech0]

I was just told by a Chase rep that my credit history is not long enough (only about a year and a half) to get the buisness card. Should I call back?

might as well give it a try. But a few reps told me the same thing and my history was 2.5 years. But again, you never know. Good luck!

[Yitzshpitz]

might as well give it a try. But a few reps told me the same thing and my history was 2.5 years. But again, you never know. Good luck!

What should I tell them? What could I do to help the situation if my history is too short?

[eli.f]

What should I tell them? What could I do to help the situation if my history is too short?

Try to point out, that although your history is relatively short, your very responsible, always pay on time, keep your balances low, etc.
Also, although the card is for a new business, the card in on your social and you are in liable for the bills.

EDIT:
Although, I myself remember that the "History Too short" claim was hard to beat.
Especially when they start pointing out how many calls I've made about the same card.

[DoGo]

Got turned down (for 1 card) after long business explanation, for applying for 2 cards at once.. going to call again now..
I remember reading s/w about chatting, is that still an option?

[TimT]

Got turned down (for 1 card) after long business explanation, for applying for 2 cards at once.. going to call again now..
I remember reading s/w about chatting, is that still an option?

Give a ref# for 1 card & try talking to them BEFORE being put on hold.

[DoGo]

Give a ref# for 1 card & try talking to them BEFORE being put on hold.

Where do I find the specific Ref # (its not on the page I got after submitting app)?

[etech0]

Where do I find the specific Ref # (its not on the page I got after submitting app)?

AFAIK you can only get it by calling recon

[eli.f]

AFAIK you can only get it by calling recon

Regular CSR will give it. Though some of them could make a big deal about it and wonder why you need it. But if you're persistent, you'll get it.

When you apply, you could right click >> view source and search for "cig_app_id"

[DoGo]

Regular CSR will give it. Though some of them could make a big deal about it and wonder why you need it. But if you're persistent, you'll get it.

They say they don't have it.... and they can only use the ref # to look for your app..

[DoGo]

When you apply, you could right click >> view source and search for "cig_app_id"

cool so I'm assuming a screen shot won't help

[eli.f]

They say they don't have it.... and they can only use the # to look for it...

Incompetent rep.

[eli.f]

cool so I'm assuming a screen shot won't help

No.

The number you get is in a slightly different format than the way it shows on the letters from chase, but most reps are able to figure it out.

[Aaaron]

They flagged one of my Ink apps as a duplicate even though it was for a different company with a different EIN.  Any way for them to reinstate the application.  They also told me the first application is being forwarded for a second review.  Is that common?

[shmelive]

Give a ref# for 1 card & try talking to them BEFORE being put on hold.

Before hold... +1

[Welder]

I did another HUCA today for my Ink. The guy basically took a look at at my entire credit history (all 2 years of it) and was shocked by how many credit cards I successfully opened in the past year, in particular, the 5 with chase. He kept on saying "what a feat", "you're doing everything right", "I've never seen this before", but we just cannot open another credit card; you already have more approvals than possible.

I offered to close a card, or shift credit, and he said that the problem here isn't the amount of credit, rather, the amount of accounts I have opened and the lack of time I've had them to establish a good relationship (he called it an issue with their "credit philosophy"). Basically, he concluded, the sooner I apply for more cards, the harder it will be for them to approve. The longer I wait, the easier it will be.

I guess I should have known better, with my large CC signup spree last month...