Chase Reconsideration

[DaveInLA]

Wait until it falls off. Even if you miss the 2016 travel credit, you can just get it in 2018 and you may get an auto approval if you're under 5/24.

That's sound advice. That said, best to apply 11/29 or wait until deep in December? If approved on 11/29 and the first statement closes, say, on 1/2/17, then it'll be difficult to get the 2018 credit.

[mmgfarb]

That's sound advice. That said, best to apply 11/29 or wait until deep in December? If approved on 11/29 and the first statement closes, say, on 1/2/17, then it'll be difficult to get the 2018 credit.

That's up to you as to how quickly you can get the credit after receiving the card. You may not get approved right away though so if you're worried about it I would say wait.

[Jack out of the box]

That's sound advice. That said, best to apply 11/29 or wait until deep in December? If approved on 11/29 and the first statement closes, say, on 1/2/17, then it'll be difficult to get the 2018 credit.

If you wait until too close to the end of the year you're likely to miss $300 in 2016. If you apply immediately in January then you may miss it in 2018. Probably a good idea to give yourself a buffer zone.

[Jack out of the box]

Any ideas on what reasons I can give, why I never filed taxes for my "business" the past 2 years ?

If you didn't earn $400 net in a single year. I don't know how favorably a CC company will look at extending credit in such a case though.

[Gets]

I just did a 3bm. Rep said denied since did more than one at a time. Any advice?

[mmgfarb]

I just did a 3bm. Rep said denied since did more than one at a time. Any advice?

HUCA

[a good yeshiva bachur]

I just did a 3bm. Rep said denied since did more than one at a time. Any advice?

HUCA untill you get 3
keep in mind you will probably only get one at a time

[INTELLIGENTBLONDE]

 applied for spouse and got denied chase sapphire reserve because of 5/24. i explained that 5 are a/u's he wasnt responsible for. so technically only 2/24. rep checked and agreed. rep told me she can only approve a credit limit of $5k and min for this card is $10k so she didnt approve it. this would be his first chase card so theres nowhere to transfer cl from they said other cards that he IS responsible for have too low of a cl.. and if he would be responsible for the a/u cards he would get approved.. because they would see he can handle a higher cl. any advice? (i HUCA'd, got the same answer. and i will continue to HUCA) thanks

[mmgfarb]

applied for spouse and got denied chase sapphire reserve because of 5/24. i explained that 5 are a/u's he wasnt responsible for. so technically only 2/24. rep checked and agreed. rep told me she can only approve a credit limit of $5k and min for this card is $10k so she didnt approve it. this would be his first chase card so theres nowhere to transfer cl from they said other cards that he IS responsible for have too low of a cl.. and if he would be responsible for the a/u cards he would get approved.. because they would see he can handle a higher cl. any advice? (i HUCA'd, got the same answer. and i will continue to HUCA) thanks

Keep HUCAing, you can always tell them that he's only responsible for the cards with the highest CL.

[INTELLIGENTBLONDE]

Keep HUCAing, you can always tell them that he's only responsible for the cards with the highest CL.

they said they have it on recorded line that hes not responsible for any of them..

[mmgfarb]

Just got a rep to put my IP through for a second reconsideration from a senior lending agent with a recommendation to approve. Any reason to keep calling or wait until Friday?

[jsk173]

Keep HUCAing, you can always tell them that he's only responsible for the cards with the highest CL.

This is probably a waste of time. It's very rare for Chase to give someone their highest CL. Need to get a $10,000 or higher CL elsewhere and then try again.

[mmgfarb]

This is probably a waste of time. It's very rare for Chase to give someone their highest CL. Need to get a $10,000 or higher CL elsewhere and then try again.

Huh? I think you're missing something.
Also, my highest CL's are from chase and they were 3x what I had from elsewhere when I got them.

[davidtron]

I had a only a  capital one journey for about a year , upon randomly visiting a chase branch they told me i was pre-approved for the chase reserve. Therefore i assumed that having a low credit cc for a year would likely suffice to get approved for the sapphire reserve . so i went and applied my wife for the reserve, as she has had the chase freedom for about a year . the response was "not enough accounts open for long enough'. So i called to  reconsider and still got the same response . My question is does this go into the category of HUCA or there is no hope with such limited credit?

[mmgfarb]

I had a only a  capital one journey for about a year , upon randomly visiting a chase branch they told me i was pre-approved for the chase reserve. Therefore i assumed that having a low credit cc for a year would likely suffice to get approved for the sapphire reserve . so i went and applied my wife for the reserve, as she has had the chase freedom for about a year . the response was "not enough accounts open for long enough'. So i called to  reconsider and still got the same response . My question is does this go into the category of HUCA or there is no hope with such limited credit?

Always HUCA, you have nothing to lose. You're assumption was wrong btw, pre-approvals are totally different.

[Traveller]

Does anyone know if there is no such thing as instant approval on Thanksgiving?

Could there be any disadvantage of calling recon before you even know the status for chase personal cards?

When you call the numbers in the wiki to check the status of am application is it a recording or do you reach a live representative?

[mmgfarb]

Does anyone know if there is no such thing as instant approval on Thanksgiving?

Could there be any disadvantage of calling recon before you even know the status for chase personal cards?

When you call the numbers in the wiki to check the status of am application is it a recording or do you reach a live representative?

IIRC recon is closed today. Status line is automated.

[jsk173]

Huh? I think you're missing something.
Also, my highest CL's are from chase and they were 3x what I had from elsewhere when I got them.

I'm not missing anything. It's common knowledge that it's rare for Chase to give someone with a thin credit profile his or her highest CL, especially when such a limit would double the person's current highest CL.

As for telling Chase recon that this person is "only responsible for the AUs with the highest limit," that makes no sense on two levels. First of all, definitionally, an AU isn't responsible for charges. Secondly, if Chase doesn't like the person's credit file with the AUs listed, they won't like them more if they find out he's actually responsible for charges for which his credit report says he's *not* responsible.

"5/24 shouldn't count because those are 'only' AU cards, but he's actually responsible for those AU charges" is a self-contradictory argument.

[mmgfarb]

I'm not missing anything. It's common knowledge that it's rare for Chase to give someone with a thin credit profile his or her highest CL, especially when such a limit would double the person's current highest CL.

As for telling Chase recon that this person is "only responsible for the AUs with the highest limit," that makes no sense on two levels. First of all, definitionally, an AU isn't responsible for charges. Secondly, if Chase doesn't like the person's credit file with the AUs listed, they won't like them more if they find out he's actually responsible for charges for which his credit report says he's *not* responsible.

"5/24 shouldn't count because those are 'only' AU cards, but he's actually responsible for those AU charges" is a self-contradictory argument.

You're missing the subtleties of this case, reread the OP and my response.

[jsk173]

You're missing the subtleties of this case, reread the OP and my response.

Which "subtleties"? The guy in question would be a first-time Chase customer and he has only low limits in his name.

When the rep said "if he was responsible for the AU cards, ..." that didn't mean he could simply *claim* responsibility. The point was that if those were his own cards, he would be OK.

There's always a chance of getting lucky with a recon rep, but the odds aren't good in this case.