Chase Reconsideration

[mmgfarb]

Thanks. I'll check it out. But for now, is there any way that I can act as my wife's guarantor or pass over any of my credit to her so that she will be approved?

No but you may very well be able to get recon to approve her.

[DaveInLA]

My wife is currently 8/24 but 4 of those will fall off on 3/31, so she'll be 4/24 on 4/1. We want the Southwest CP so she would like to apply for the Chase SWA personal and business cards. Applying for just one of those cards will put her at 5/24, but what if she applies for them one immediately after the other?

[mmgfarb]

My wife is currently 8/24 but 4 of those will fall off on 3/31, so she'll be 4/24 on 4/1. We want the Southwest CP so she would like to apply for the Chase SWA personal and business cards. Applying for just one of those cards will put her at 5/24, but what if she applies for them one immediately after the other?

You should be able to get 2 at the same time. Obviously YMMV but it's been done many times.

[DaveInLA]

You should be able to get 2 at the same time. Obviously YMMV but it's been done many times.

So Chase won't count approved applications that same day? What about if I apply for an AMEX minutes earlier?

[jsk173]

My wife applied for both Chase Southwest personal cards using the MBM method, and was rejected for both (officially, we will get a written reply within 7-10 days).

I am not sure of my wife's credit, but she has no credit cards of her own (although she is an AU on a few of mine), so it's safe to assume that she has little to no credit (but not bad credit).

If you added her as an AU to five or more cards within the past two years, she's in violation of Chase's so-called "5/24" rule (i.e., five or more cards in the past 24 months) and might have been rejected for that alone.

If she literally has no credit accounts of her own, she's probably going to have a hard time getting approved for one $5,000 Chase card, let alone two. (I believe the Southwest cards have a $5,000 minimum credit limit; not positive.)

[Agoldsc1]

If you added her as an AU to five or more cards within the past two years, she's in violation of Chase's so-called "5/24" rule (i.e., five or more cards in the past 24 months) and might have been rejected for that alone.

If she literally has no credit accounts of her own, she's probably going to have a hard time getting approved for one $5,000 Chase card, let alone two. (I believe the Southwest cards have a $5,000 minimum credit limit; not positive.)

I will call the reconsideration line and report back. It's definitely not a 5/24 issue because she is only an AU for one of my cards. I'll ask to start her off with a lower line of credit.

[mmgfarb]

I will call the reconsideration line and report back. It's definitely not a 5/24 issue because she is only an AU for one of my cards. I'll ask to start her off with a lower line of credit.

Don't ask for that, just try to get it approved, keep pushing, only use that as a last resort.

[Agoldsc1]

Don't ask for that, just try to get it approved, keep pushing, only use that as a last resort.

What's the harm in asking for that? What other options do I have that would make them change their minds?

[jsk173]

What's the harm in asking for that? What other options do I have that would make them change their minds?

If it was simply a matter of offering a lower credit limit, Chase would have done that — and many Chase cards have a minimum credit limit of $5,000, so often there's only so low they can go.

If the only thing on your wife's credit reports is a single AU account, you're probably going to have a hard time getting a Chase recon rep to give her a $5,000 credit limit.

[Agoldsc1]

If it was simply a matter of offering a lower credit limit, Chase would have done that — and many Chase cards have a minimum credit limit of $5,000, so often there's only so low they can go.

If the only thing on your wife's credit reports is a single AU account, you're probably going to have a hard time getting a Chase recon rep to give her a $5,000 credit limit.

Update: I was able to get her approved for only one of the two SW cards. I offered to serve as a guarantor or accept a lower credit limit, but they approved her without having to do any of that. I don't know what the credit limit will be, but I imagine $5k. They did ask me to fax them a copy of her drivers license since she has no credit whatsoever, and therefore no record at all. I need both cards though to qualify for the CP, so after spending and paying a few thousand on this card, I'll call and ask for reconsideration on the other card.

[jsk173]

The one AU card is literally the only thing on her credit reports? Not even any old, closed accounts?

[Agoldsc1]

The one AU card is literally the only thing on her credit reports? Not even any old, closed accounts?

AFAIK, nothing else. Even the Chase rep told me that she has no credit. FWIW, I have good credit and so do her parents, I'd imagine. But IDK is that helps, or if they even see that information.

[jsk173]

None of that matters. All that matters is what's on her credit reports.

[beirush228]

Anyone want to try to get me a CRS for $100? I'm at 5 (and am on a bunch of authorized users).. I've HUCA'd and am totally burned out..

[mdrills]

applied for CSR last night. Got pending (as usual...dont remember the last card i got without a pending)
Is there a reason to wait before calling recon or should I just be calling now?
I just got rejected for SW due to getting the bonus within 24 months.

[Agoldsc1]

Anyone want to try to get me a CRS for $100? I'm at 5 (and am on a bunch of authorized users).. I've HUCA'd and am totally burned out..

How does this work?

[Z56]

applied for CSR last night. Got pending (as usual...dont remember the last card i got without a pending)
Is there a reason to wait before calling recon or should I just be calling now?
I just got rejected for SW due to getting the bonus within 24 months.

you can call right away...

[JTZ]

None of that matters. All that matters is what's on her credit reports.

She has no CR.

[Z56]

Anyone want to try to get me a CRS for $100? I'm at 5 (and am on a bunch of authorized users).. I've HUCA'd and am totally burned out..

when did you apply last ?

[YankelTodres]

Hi all -

Here goes my experience with the Chase recon team, but first a little background is called for. I'm relatively new to the game, only have two cards (BofA CashRewards ($1500) and AMEX Delta ($2000). The BofA card is 8 months old and the AMEX 5 months old. My credit score based on CreditKarma and FICO score from BofA is around 710-715. I applied for the Chase Sapphire Reserve (and Chase Sapphire Preferred at the same time) and received "This application is being reviewed. You will be notified in writing, within 7 to 10 business days, of our decision", essentially a decline. I called recon line the next day and was told that my credit history is too short and that I cannot be approved for that card. I called again today, spoke to a somewhat hostile agent, and was told the same thing.

Is there any hope for approval? What is considered a sufficient credit history length? Seems I have no choice but to wait and apply again but wouldn't want to wait too long nor apply again too soon. Any advice on how to proceed, what to apply for in the interim or how long to wait would be appreciated.

Thanks!