Chase Platinum Credit Card
Author: jlrdc909
Posted: Mon Oct 17, 2005 11:56 am
Post subject: Chase Platinum
Hi:
During the past 6 months I have received several different offers.
I have accepted 3 of them. At the end of September, I received an offer from Chase for a platinum Visa. I accepted the offer online, I dont even think it had time to pull a credit report, it said "We will review your application, and let you know in 30 days". Calling back today (nearly 3 weeks since applying), they said the account was "pending", I asked what that meant, and he said that they need to determine rate of interest, credit limit. I have never seen an pre approved application take so long. He said that a decline would have come right away, so hold on for another week. Anyone else have this situation with Chase?
I know I will get this question asked, so I will answer it in advance. I found this website on a search engine, and read the posts nearly twice a week!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: jlrdc909
Posted: Tue Oct 18, 2005 7:06 am
Post subject: UPDATE
I called back today, and was approved $7,500. I dont know the terms of the account, but I rarely pay interest anyways.
According to this CSR, I had opened 3 new accounts in the few months, therefore "red flags" went up.
After a manual review, it was approved. It looks like Chase does manual approval if something fishy comes up on your report.
I hear that Chase is notorious for giving you one interest rate when you get the card, then start jacking it up over time? I have also hear the Customer Service is not that great? Any feedback on Chase would be appreciated!
Author: MattK82
Posted: Fri Oct 21, 2005 11:26 pm
Post subject: Chase Platinum
Chase is evil.
I had a card with them with a 60k credit limit with about 15k on it. I went off to law school and they decided to raise my rate from PRIME + 0% to 11.99% and then to 22.99%
I canceled the card and paid it off.
However, I will never do business with CHASE again.
PERIOD.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: cled
Posted: Sat Oct 22, 2005 5:53 am
Post subject:
MattK82 wrote:
Chase is evil.
I had a card with them with a 60k credit limit with about 15k on it. I went off to law school and they decided to raise my rate from PRIME + 0% to 11.99% and then to 22.99%
I canceled the card and paid it off.
However, I will never do business with CHASE again.
PERIOD.
my chase limit is only $400 for about a year now...so i also feel bad..
but, i cant see the connection between RAISING the rate and Going to law school... that doesn't make sense.. to me..
Author: credithelp
Posted: Sat Oct 22, 2005 7:44 am
Post subject: Chase Platinum Credit Card
Chase will get you any way they can and seem to be turning more subprime as time goes on.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Mon Oct 17, 2005 11:56 am
Post subject: Chase Platinum
Hi:
During the past 6 months I have received several different offers.
I have accepted 3 of them. At the end of September, I received an offer from Chase for a platinum Visa. I accepted the offer online, I dont even think it had time to pull a credit report, it said "We will review your application, and let you know in 30 days". Calling back today (nearly 3 weeks since applying), they said the account was "pending", I asked what that meant, and he said that they need to determine rate of interest, credit limit. I have never seen an pre approved application take so long. He said that a decline would have come right away, so hold on for another week. Anyone else have this situation with Chase?
I know I will get this question asked, so I will answer it in advance. I found this website on a search engine, and read the posts nearly twice a week!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: jlrdc909
Posted: Tue Oct 18, 2005 7:06 am
Post subject: UPDATE
I called back today, and was approved $7,500. I dont know the terms of the account, but I rarely pay interest anyways.
According to this CSR, I had opened 3 new accounts in the few months, therefore "red flags" went up.
After a manual review, it was approved. It looks like Chase does manual approval if something fishy comes up on your report.
I hear that Chase is notorious for giving you one interest rate when you get the card, then start jacking it up over time? I have also hear the Customer Service is not that great? Any feedback on Chase would be appreciated!
Author: MattK82
Posted: Fri Oct 21, 2005 11:26 pm
Post subject: Chase Platinum
Chase is evil.
I had a card with them with a 60k credit limit with about 15k on it. I went off to law school and they decided to raise my rate from PRIME + 0% to 11.99% and then to 22.99%
I canceled the card and paid it off.
However, I will never do business with CHASE again.
PERIOD.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: cled
Posted: Sat Oct 22, 2005 5:53 am
Post subject:
MattK82 wrote:
Chase is evil.
I had a card with them with a 60k credit limit with about 15k on it. I went off to law school and they decided to raise my rate from PRIME + 0% to 11.99% and then to 22.99%
I canceled the card and paid it off.
However, I will never do business with CHASE again.
PERIOD.
my chase limit is only $400 for about a year now...so i also feel bad..
but, i cant see the connection between RAISING the rate and Going to law school... that doesn't make sense.. to me..
Author: credithelp
Posted: Sat Oct 22, 2005 7:44 am
Post subject: Chase Platinum Credit Card
Chase will get you any way they can and seem to be turning more subprime as time goes on.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 9:08 PM
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