@dhop08 wrote:
Don't beat up on me regarding my score, I plan on start back paying my cards off this year.
No beating up on anyone, many (most?) of us have been down the high utilization road; contratulations on the approval and paying off your cards.
Very nice approval , Congratulations on you CSP !
NFCU Visa 30k | NFCU Platinum 30k | Cap1 QS 12K | Cap1 QS 11.5K | Barclay MC 9k | Delta Gold Amex 30K | Discover IT 14K | CFNA FS 3200 | CareCredit 20k| Paypal Credit 5k |
@dhop08 wrote:Hey All, I just wanted to make a post about an anomaly. I've been banking with Chase bank for about 3 or 4 years now. I make about 65k a year depending on my bonuses at work. My credit score is very low due to carrying high balances on my cards. (90% utlization) I know its not smart at ALL to carry balances this high. However, I haven't missed a payment on anything in about 5 years. So my payment history is 100% ontime. My score is about 590.
I logged into my chase account to check my account balance over the weekend. There was a notification on the page that said I was preaproved for the chase freedom flex, freedom unlimted, and the chase sapphire preferred. I decided to give it a try and I WAS APPROVED for the chase sapphire preferred with a $5000.00 limit. I keep thinking that this has to be a glitch or something. After a year when I got with chase, I applied for the chase sapphire preferred with my score was a 667 and very low credit utilization (<10%) and I was denied in 2022. I just figured that I would try again once I pay my debt off.
Its crazy that I was approved with a bad score and high utlization rate. The only reason I can guess that I was approved was for my income that is direct deposited in my chase account and my payment history.
So if you want a good chase card and your score is low. Just use the checking account consistently at least 3 or 4 years and you might get a suprise one day like I did.
Don't beat up on me regarding my score, I plan on start back paying my cards off this year.
Congratulations on the approval, and thanks for the background data. I must say that it gives me hope 
Wow! Congrats on your approval.
@SouthJamaica wrote:
@dhop08 wrote:Hey All, I just wanted to make a post about an anomaly. I've been banking with Chase bank for about 3 or 4 years now. I make about 65k a year depending on my bonuses at work. My credit score is very low due to carrying high balances on my cards. (90% utlization) I know its not smart at ALL to carry balances this high. However, I haven't missed a payment on anything in about 5 years. So my payment history is 100% ontime. My score is about 590.
I logged into my chase account to check my account balance over the weekend. There was a notification on the page that said I was preaproved for the chase freedom flex, freedom unlimted, and the chase sapphire preferred. I decided to give it a try and I WAS APPROVED for the chase sapphire preferred with a $5000.00 limit. I keep thinking that this has to be a glitch or something. After a year when I got with chase, I applied for the chase sapphire preferred with my score was a 667 and very low credit utilization (<10%) and I was denied in 2022. I just figured that I would try again once I pay my debt off.
Its crazy that I was approved with a bad score and high utlization rate. The only reason I can guess that I was approved was for my income that is direct deposited in my chase account and my payment history.
So if you want a good chase card and your score is low. Just use the checking account consistently at least 3 or 4 years and you might get a suprise one day like I did.
Don't beat up on me regarding my score, I plan on start back paying my cards off this year.
Congratulations on the approval, and thanks for the background data. I must say that it gives me hope
I definitely agree with this sentiment of giving me hope in the coming years. Congrats on the approval OP!
Congrats on your approval!
Congrats on the approval!
