Dec 1, 2015, 9:21 pm
Last edit by: beltway
The thread (and wiki) you should be reading instead of this one is Applying for Chase Credit Cards- May 2015-Present. Do yourself a favor and go there now.
Chase application pending review [Consolidated]
Jun 22, 2015, 5:14 pm
#227
Join Date: Sep 2013
Programs: Multiple
Posts: 38
Chase Sapphire application was pending. Called and got declined. Reason is too many cards in the past 24 months. When asked what's "too many," they refused to give a number.
Will this affect future application? That also means it's nearly impossible to get a Sapphire card unless you don't open more than ~2 cards a year for two years.
Will this affect future application? That also means it's nearly impossible to get a Sapphire card unless you don't open more than ~2 cards a year for two years.
Jun 22, 2015, 5:19 pm
#228
Join Date: Jun 2013
Location: NYC
Programs: Marriott Plat, Hilton Gold, UA Silver
Posts: 2,272
Chase Sapphire application was pending. Called and got declined. Reason is too many cards in the past 24 months. When asked what's "too many," they refused to give a number.
Will this affect future application? That also means it's nearly impossible to get a Sapphire card unless you don't open more than ~2 cards a year for two years.
Will this affect future application? That also means it's nearly impossible to get a Sapphire card unless you don't open more than ~2 cards a year for two years.
Jun 22, 2015, 7:02 pm
#230
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
That also means it's nearly impossible to get a Sapphire card unless you don't open more than ~2 cards a year for two years.
RNE, a peacemaker.
Jun 22, 2015, 7:09 pm
#231
Join Date: Mar 2010
Posts: 1,173
I applied last month for CSP and ink cash….since I have never had ink cash and csp has been closed for 2 years I thought no problem….but like many people I was denied…I knew I wasn’t overextended with chase as I had just closed Marriott business and personal with them and didn’t move the credit limit first. They claimed too many accounts opened in 2 years, not just chase, so I counted and sure enough including 5 cards opened in june 2013 I had a total of 15 new cards (personal and business), but as I pointed out to him, I closed 22 accounts in the same time period…didn’t matter. I also pointed out my 800+ credit score and the fact that I now only have 1 business and 2 personal cards with chase, including a IHG card which is 5+ years old….didn’t matter. I told him I would reallocate my credit limit if needed to make room for the new cards, they said no, that is only an option after approval and I was still denied. They would not tell me how many was too many, but after reading the trend, I fear even after my 5 card apps drop off from 2 years ago in june, wont be enough to approve me…..they then told me the same applied to my business card application (I should have called back to check on it)….I complained that with all the choices chase offers it seems they encourage signing up for multiple cards and changing to other partners offerings, I mentioned they send me offers for new cards all the time…didn’t matter….they said I will get fewer of those after this denial….I think my last comment was “oh well, I guess I will have to look at Amex and Citi products for my future credit needs”
Jun 22, 2015, 7:12 pm
#232
Join Date: Jun 2013
Location: NYC
Programs: Marriott Plat, Hilton Gold, UA Silver
Posts: 2,272
I applied last month for CSP and ink cash….since I have never had ink cash and csp has been closed for 2 years I thought no problem….but like many people I was denied…I knew I wasn’t overextended with chase as I had just closed Marriott business and personal with them and didn’t move the credit limit first. They claimed too many accounts opened in 2 years, not just chase, so I counted and sure enough including 5 cards opened in june 2013 I had a total of 15 new cards (personal and business), but as I pointed out to him, I closed 22 accounts in the same time period…didn’t matter. I also pointed out my 800+ credit score and the fact that I now only have 1 business and 2 personal cards with chase, including a IHG card which is 5+ years old….didn’t matter. I told him I would reallocate my credit limit if needed to make room for the new cards, they said no, that is only an option after approval and I was still denied. They would not tell me how many was too many, but after reading the trend, I fear even after my 5 card apps drop off from 2 years ago in june, wont be enough to approve me…..they then told me the same applied to my business card application (I should have called back to check on it)….I complained that with all the choices chase offers it seems they encourage signing up for multiple cards and changing to other partners offerings, I mentioned they send me offers for new cards all the time…didn’t matter….they said I will get fewer of those after this denial….I think my last comment was “oh well, I guess I will have to look at Amex and Citi products for my future credit needs”
Jun 23, 2015, 8:14 am
#233
Join Date: Feb 2012
Posts: 7
Thought I'd throw my experience in too. I applied a few days ago for the Freedom and got pending and called recon. He gave me the same line about too many cards in 24 months. I asked how many I had opened and he said 5 (I just started this in January). Two of these were Chase. I then asked how many was too many and he said 4 was the limit and I had one too many for him to approve me.
Jun 23, 2015, 10:43 am
#234
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
Sorry you got denied, but, yeah, Chase is profiling people who go through a lot of credit cards. Fifteen new ones is a tad much. And while you'd think closing 22 cards is a good thing, it fits the profile to a T.
Jun 23, 2015, 10:51 am
#235
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
Thought I'd throw my experience in too. I applied a few days ago for the Freedom and got pending and called recon. He gave me the same line about too many cards in 24 months. I asked how many I had opened and he said 5 (I just started this in January). Two of these were Chase. I then asked how many was too many and he said 4 was the limit and I had one too many for him to approve me.
Jun 23, 2015, 2:27 pm
#236
Join Date: Jul 2011
Location: Sunny AZ
Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .....
Posts: 3,214
Quote:
Originally Posted by wendydarling33
Thought I'd throw my experience in too. I applied a few days ago for the Freedom and got pending and called recon. He gave me the same line about too many cards in 24 months. I asked how many I had opened and he said 5 (I just started this in January). Two of these were Chase. I then asked how many was too many and he said 4 was the limit and I had one too many for him to approve me.
Don't place too much significance in what a rep says to get you off the phone. If they don't think you're a profitable customer, the maximum allowable is always going to be (at most) 1 less than you have.
Originally Posted by wendydarling33
Thought I'd throw my experience in too. I applied a few days ago for the Freedom and got pending and called recon. He gave me the same line about too many cards in 24 months. I asked how many I had opened and he said 5 (I just started this in January). Two of these were Chase. I then asked how many was too many and he said 4 was the limit and I had one too many for him to approve me.
Don't place too much significance in what a rep says to get you off the phone. If they don't think you're a profitable customer, the maximum allowable is always going to be (at most) 1 less than you have.
Jun 23, 2015, 5:27 pm
#237
Join Date: Feb 2008
Posts: 2,172
Well, I am making a business decision to not pay any new annual fees to Chase and close my existing card (denied for a Freedom that I never had). Since the reps keep using the phrase "business decision" to deny new credit.
With Citi upping the game, and Amex, and me not flying United or its partners much, it makes a good business decision for me. Also, no need to use Chase banking and park my money elsewhere for better benefits.
If others are doing the same, are you writing to Chase? I feel like sending some sort of an objective response to their business decision, but dont know whether Secure Message or snail mail is better.
With Citi upping the game, and Amex, and me not flying United or its partners much, it makes a good business decision for me. Also, no need to use Chase banking and park my money elsewhere for better benefits.
If others are doing the same, are you writing to Chase? I feel like sending some sort of an objective response to their business decision, but dont know whether Secure Message or snail mail is better.
Jun 23, 2015, 5:49 pm
#238
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
Well, I am making a business decision to not pay any new annual fees to Chase and close my existing card (denied for a Freedom that I never had). Since the reps keep using the phrase "business decision" to deny new credit.
With Citi upping the game, and Amex, and me not flying United or its partners much, it makes a good business decision for me. Also, no need to use Chase banking and park my money elsewhere for better benefits.
If others are doing the same, are you writing to Chase? I feel like sending some sort of an objective response to their business decision, but dont know whether Secure Message or snail mail is better.
With Citi upping the game, and Amex, and me not flying United or its partners much, it makes a good business decision for me. Also, no need to use Chase banking and park my money elsewhere for better benefits.
If others are doing the same, are you writing to Chase? I feel like sending some sort of an objective response to their business decision, but dont know whether Secure Message or snail mail is better.
RNE, sitting pretty.
Jun 23, 2015, 6:06 pm
#239
Join Date: Jul 2011
Location: Sunny AZ
Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .....
Posts: 3,214
Quote:
Originally Posted by vrbaba
Well, I am making a business decision to not pay any new annual fees to Chase and close my existing card (denied for a Freedom that I never had). Since the reps keep using the phrase "business decision" to deny new credit.
With Citi upping the game, and Amex, and me not flying United or its partners much, it makes a good business decision for me. Also, no need to use Chase banking and park my money elsewhere for better benefits.
If others are doing the same, are you writing to Chase? I feel like sending some sort of an objective response to their business decision, but dont know whether Secure Message or snail mail is better.
Sounds like you're not making a "business" decision; you're making an emotional one. But, what do I know? This. Chase offers exceptional value to millions of cardholders. I'm reaping miles and points galore. Anyway, things change. Could get better. Could get worse. Don't take this personally. If anyone can mitigate Chase, it's its co-brand partners. Not us. We'll see.
RNE, sitting pretty.
Originally Posted by vrbaba
Well, I am making a business decision to not pay any new annual fees to Chase and close my existing card (denied for a Freedom that I never had). Since the reps keep using the phrase "business decision" to deny new credit.
With Citi upping the game, and Amex, and me not flying United or its partners much, it makes a good business decision for me. Also, no need to use Chase banking and park my money elsewhere for better benefits.
If others are doing the same, are you writing to Chase? I feel like sending some sort of an objective response to their business decision, but dont know whether Secure Message or snail mail is better.
Sounds like you're not making a "business" decision; you're making an emotional one. But, what do I know? This. Chase offers exceptional value to millions of cardholders. I'm reaping miles and points galore. Anyway, things change. Could get better. Could get worse. Don't take this personally. If anyone can mitigate Chase, it's its co-brand partners. Not us. We'll see.
RNE, sitting pretty.
Jun 23, 2015, 6:41 pm
#240
Join Date: Feb 2008
Posts: 2,172
Sounds like you're not making a "business" decision; you're making an emotional one. But, what do I know? This. Chase offers exceptional value to millions of cardholders. I'm reaping miles and points galore. Anyway, things change. Could get better. Could get worse. Don't take this personally. If anyone can mitigate Chase, it's its co-brand partners. Not us. We'll see.
RNE, sitting pretty.
RNE, sitting pretty.
Things do change, but as long as I can churn on other cards, I dont see a reason to keep paying Chase fees on CSP and others to extend relationship when I can get similar or more from Citi/Amex.