Is Chase hard to get approved for?

In general, Chase credit cards aren’t the easiest to get since most require a good or excellent credit score for approval (700 or more). Most of those requirements are pretty standard, although some credit card companies offer cards to people with lower scores.

Does Chase give instant approval?

Chase approves most credit card applications instantly. As soon as you click submit, you should receive a decision within 60 seconds. However, some applications require further review.

How do I know if my Chase credit card is approved?

To check your Chase credit card application status by phone, call (888) 338-2586 and enter your full Social Security number when prompted. Chase’s automated application status line is accessible 24/7. You might not like what you learn when you check your credit card application status.

Will Chase deny me?

We’re talking specifically about Chase 5/24 status and applying for Chase cards, since the issuer will probably automatically reject you if you’ve opened five or more credit cards in the last 24 months (except certain business credit cards).

Does 7-10 days mean denial?

7-10 Days Status Message

A 7-10 day message typically means that your application has been denied. You can either wait for the rejection letter or call Chase reconsideration line at 1-888-270-2127 and plead your case.

What is the easiest Chase card to get approved for?

Chase Freedom® Student credit card
The easiest Chase credit card to get is the Chase Freedom® Student credit card because applicants can get approved with limited credit. This means the odds of approval are good even for people who are new to credit, making the Chase Freedom® Student credit card much easier to get than other Chase credit cards.

How long does it take for Chase reconsideration?

You can usually wait up to 30 days to call into reconsideration about your application but I do not recommend waiting that long. There are plenty of reports of Chase pulling your credit report again if you wait near that long. So I would call in as soon as I got a rejection or the 7 to 10 day message.

Why did I get denied from Chase Freedom?

Chase Freedom Unlimited® applications could be denied because of a low credit score (below 700), not enough annual income, or too many recent credit inquiries. Other grounds for denial could be incomplete or inaccurate information on the application, or a pending bankruptcy on your credit report.

Why did my Chase application get denied?

1. Chase 5/24 – if you opened more than five credit card accounts within the past 24 months, you’ll automatically be rejected. 2. Chase 2/30 – if you have more than two applications within the past 30 days, Chase will not approve you.

What does it mean when Chase says you’re already approved?

According to some comments over at Doctor of Credit, these “You’re already approved” offers have been showing for a while with fixed-APR offers (which is the usual indication that a Chase offer is a true pre-approval rather than a simple advertisement).

How does Chase reconsideration work?

The Chase credit card reconsideration line works by calling a Chase lending Specialist at (888) 609-7805 in case your credit card application got rejected. Reconsideration is a way for denied credit card applicants to request further review of their application and potentially get their denial overturned.

What do you say when you call a Chase reconsideration line?

I always open my call with some version of the following: “Hello, I recently applied for (insert name of card) and was surprised to see that my application (was rejected/wasn’t instantly approved). I was hoping I could talk to someone to better understand this decision and possibly get it reconsidered.”

Will Chase ever get rid of 5 24?

In Branch Pre-Approval Offer

Stop by a Chase branch and ask the banker to search for pre-approval offers for you. If there’s any pre-approval credit card offer, you can tell the banker to make an application for you and that will bypass the Chase 5/24 rule.

Does Chase still have 5 24 rule?

Put simply, Chase will not approve applications for certain credit cards if the applicant has already opened 5 (or more) credit card accounts in the last 24 months. This includes not only cards you open at Chase, but also cards you open at any bank that are reported to your personal credit report.

Can you bypass Chase 5 24 rule?

Go to Chase official website, click Main Menu – “Just for you”. If you can see “SELECTED FOR YOU” with green check mark, then you can bypass the 5/24 rule with these links! Other words don’t count, even with a green check mark.

How much credit will Chase give you?

The Chase credit card limit could be as low as $500 or as high as $15,000+, depending on the card and your overall creditworthiness. One of the Chase credit cards with the highest starting limit is the Chase Sapphire Reserve®, which has a minimum credit limit of $10,000.

Who does Chase pull credit from?

Experian credit
The credit report that Chase is most likely to pull for your credit card application is your Experian credit report. We reviewed 293 consumer-reported credit inquiries from the past 24 months and found that Chase pulls credit reports from all three major U.S. credit bureaus, but it seems to favor Experian.

Is 7 credit cards too many?

As with almost every question about credit reports and credit scores, the answer depends on your unique credit history and the scoring system your lender is using. “Too many” credit cards for someone else might not be too many for you. There is no specific number of credit cards considered right for all consumers.

Does Chase do hard pull for credit increase?

Chase will only do a soft pull if they offer you a credit limit increase. If you request one, they’ll do a hard pull. Issuers tend to increase credit limits no more than once every six months. You can apply as often as you want, but you’re unlikely to be approved more frequently than that.

Should I call Chase reconsideration?

It’s best to call within 30 days of denial, or you may have to submit a brand new application. Hot Tip: The Chase reconsideration line for personal cards is 1-888-270-2127.

Does requesting a credit increase hurt?

Requesting a credit limit increase can hurt your score, but only in the short term. If you ask for a higher credit limit, most issuers will do a hard “pull,” or “hard inquiry,” of your credit history. A hard inquiry will temporarily lower your credit score.

What is the average credit limit for Chase Freedom?

Credit Karma data suggests the Chase Freedom cards seem to typically offer a respectable initial limit averaging around $3,000. More specifically, about 20% of Chase Freedom Flexâ„  cardholders reported limits in the $300 to $1,000 range, and another 20% of users obtained limits above $5,000.