Credit Card Thread - Now with a Beginner's Guide to free travel/FAQ

Discussion in 'The Mainboard' started by blind dog, Apr 10, 2015.

  1. * J Y *

    * J Y * TEXAS
    Donor TMB OG
    Texas LonghornsTexas RangersSan Antonio SpursDallas Cowboys

    Does it take longer to get approved if you do it in a branch? How long does it usually take to hear back online?
     
  2. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    It won't take any longer. Assuming you don't have any red flags you'll usually find out immediately
     
  3. ohhaithur

    ohhaithur e-Batman
    Donor

    reddit has a lot of people delayed/pending
     
  4. Gtr

    Gtr Guest

    Yeah online approval for credit cards usually only takes like 15-30 seconds unless there is some kind of flag they want to discuss with you.

    edit: nvm :D
     
  5. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    From what I saw a lot of them are serious card churners. Chase will delay for that
     
  6. ohhaithur

    ohhaithur e-Batman
    Donor

    yeah they are but there are some under the five card limit that are pending also.

    people could also be trolling
     
  7. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    So am I reading right that essentially the annual fee for this card is really only $195, if you consider a yearly $300 credit for travel? Otherwise, a $495 annual fee seems to outweigh the long-term benefits over CSP unless you travel/spend a ton.
     
  8. ohhaithur

    ohhaithur e-Batman
    Donor

    $450 so $150 and it's by calendar year so if you keep it 2 years, 364 days:

    2016: -$150
    2017: -$150
    2018: +$300

    So nothing over the first three years
     
    Joystick Izzy likes this.
  9. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Online application is up link is on the reddit megathread
    Just got approved :chatzy:
     
    ohhaithur likes this.
  10. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Online application is up link is on the reddit megathread
    Just got approved :chatzy:
     
  11. Lip

    Lip Well-Known Member
    Donor
    Michigan State SpartansDetroit LionsGeorge Washington Colonials

    Where's the link.
     
  12. Lip

    Lip Well-Known Member
    Donor
    Michigan State SpartansDetroit LionsGeorge Washington Colonials

    Where's the link.
     
  13. PJP3

    PJP3 Well-Known Member
    Donor
    Colorado BuffaloesOakland RaidersFulhamLos Angeles Angels of AnaheimUnited States Men's National Soccer Team

    Application is now live on the main chase website instead of just links posted by people. I wanted to wait till it was in writing on the application the 100k bonus. Got approved.
     
  14. beist

    beist Hyperbolist
    Donor

    I was worried about this too, but I signed up on the reddit link and called to confirm I received the bonus and I did. Also tried to get the shipping expedited but no dice.
     
  15. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    this might be a silly question given the perks, but I assume you are charged the full $450 right away onthe first billing cycle...
     
  16. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    Is there any reason I can't sign up for this if I just got the preferred two months ago? Can I then convert my preferred to a free chase card but still keep my sign-up bonus points I just earned?
     
  17. ohhaithur

    ohhaithur e-Batman
    Donor

    apparently you need your CSP for a year before they downgrade you
     
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  18. ohhaithur

    ohhaithur e-Batman
    Donor

    yes and it doesn't count for your minimum spend
     
    Det. Frank Bullitt likes this.
  19. Spontaneous Cumbustion

    Spontaneous Cumbustion Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCincinnati BengalsXavier MusketeersFC CincinnatiTottenham HotspurUnited States Men's National Soccer Team

  20. ohhaithur

    ohhaithur e-Batman
    Donor

    samesies

    points4days
     
  21. EMAW FC

    EMAW FC Proud Smucker
    Donor
    Kansas State WildcatsKansas City RoyalsKansas City ChiefsFulhamSporting Kansas CitySneakers

    Approved this morning. Rack points baby
     
  22. pratyk

    pratyk Arsenal FC, Rutgers Scarlet Knights
    Rutgers Scarlet KnightsArsenal

    Any indicators on where y'all stand on the Score / Chase cards?
     
  23. Nizz

    Nizz /nizzbrag
    Donor

  24. ohhaithur

    ohhaithur e-Batman
    Donor

    this is my third chase card (and I have no other cards) and my score is v good

    I am of no help
     
  25. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    From what I've read, if you're credit score is good and you're under the 5/24 rule, most should be good. The ones who were getting denied were the serious churners.
     
    #1377 BP, Aug 22, 2016
    Last edited: Aug 23, 2016
  26. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

  27. pratyk

    pratyk Arsenal FC, Rutgers Scarlet Knights
    Rutgers Scarlet KnightsArsenal

    wasn't pre-qualified so I'm out (at 12/24 currently) until next year... might ask the wife to apply but she doesn't have any chase cards (outside of being an AU on my CSP)..
     
  28. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    That sucks
     
  29. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    I was 1/24 with a really good credit score and no chase cards currently. Got approved.
     
  30. pratyk

    pratyk Arsenal FC, Rutgers Scarlet Knights
    Rutgers Scarlet KnightsArsenal

    I heard rumors that the 100K bonus was only through September - not sure how legit that info is..
     
  31. GoodForAnother

    GoodForAnother I’d rather be down the allotment
    Staff Donor TMB OG
    Kansas State WildcatsKansas City RoyalsKansas City ChiefsSporting Kansas CityTottenham HotspurBig 8 ConferenceBig 12 ConferenceCoors LightFormula 1

    I got denied for being too awesome and applying for a lot of cards and getting free shit
     
    LeVar Burton likes this.
  32. Nizz

    Nizz /nizzbrag
    Donor

    I don't have a chase card, I canceled my others and currently paying off. I'm not sure what my bonus is but it looks like only 50k unless I misread
     
  33. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    If your bonus is 50k you applied for the wrong card and got the sapphire preferred
     
  34. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    Approved. Guess I'm stuck with my preferred card for a year. I'm assuming they will credit back the annual fee when I downgrade it.

    Not sure if this has been asked but can I cancel the card, move the credit limit to my reserve, and still keep my bonus points?
     
  35. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    Been tempted for a bit to get a travel card since I'm strictly cash back right now. I fly for free so I have a hard time rationalizing getting one.

    On the other hand, my discover cash back match just came through. $327 is a nice little bonus.
     
  36. ohhaithur

    ohhaithur e-Batman
    Donor

    Yes, once you hit that minimum spend it's yours
     
  37. colonel_forbin

    colonel_forbin Well-Known Member
    Donor

    Explain the $300 travel credit to me like I'm 5.
     
    LeVar Burton likes this.
  38. pratyk

    pratyk Arsenal FC, Rutgers Scarlet Knights
    Rutgers Scarlet KnightsArsenal

    Be careful of cancelling right after getting the signing bonus. It may affect your chase relationship negatively. You can't downgrade or product change until 12 months have passed on the CSP.

    Imo, it's not worth cancelling any card after you get a signup bonus.
     
  39. pratyk

    pratyk Arsenal FC, Rutgers Scarlet Knights
    Rutgers Scarlet KnightsArsenal

    spend more than 300 in uber fares, train tickets, flight tickets or anything that gets billed under travel category and you get the 300 credit at end of billing cycle
     
    Buzz and colonel_forbin like this.
  40. MA

    MA Surprisingly normal looking
    Donor TMB OG
    Alabama Crimson TideSan Antonio SpursWashington CapitalsManchester UnitedAtlanta United

    Got the CSP yesterday. With that and a limit increase on another card, my overall limit doubled. Pretty thrilled about that.
     
    LeVar Burton likes this.
  41. BB3

    BB3 watch our for your cornhole bud...
    Donor TMB OG
    Texas LonghornsLos Angeles DodgersLos Angeles Lakers

    Wife got approved. I'm gun shy as I'm 6/24. I'll probably go for it if the 100K is disappearing. They wouldn't expedite. Leaving to Europe on Friday. Fuck me.
     
  42. Menelaus

    Menelaus The Red-Haired King
    Donor
    Alabama Crimson TideReal Madrid

    This may be a dumb question but does being added as an authorized user to other chase cards count towards the 5/24 rule?
     
  43. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    Make sure you have a Charles Schwab brokerage account which will 'unlock' a CS checking account. The debit card tied to that CS checking accounts includes refunds on all atm withdrawals, including overseas. My buddy says the most he's seen was $16 (strip club) and it was refunded just like any other.

    I turned my tuesday application (including expediting delivery) before I flew out on saturday. If you (or anyone else) want more info on the steps to complete, "like" this post and I'll post exactly what I did and what to expect.
     
    dcspartan likes this.
  44. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    So basically once you reach a total of $300 spent on travel in any given year, a $300 credit will appear? You don't have to do anything special like book through the travel portal/etc for it to count?
     
  45. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    I believe it's done incrementally, no?

    eg if my $10 uber in January and then my $300 flight is in March, the amounts will be credited on the close of those billing cycles, right?
     
  46. Big Apple Duck

    Big Apple Duck Craving a chimichanga
    Donor
    Oregon Ducks

    Really? Fuck. I was going to do that today. Two weeks is insane - I'm used to AMEX overnighting it to me.
     
  47. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    I've heard conflicting things on this, but I don't think so. Store cards don't count either supposedly (as long as they aren't branded by Visa, MC, etc.).
     
    Menelaus likes this.
  48. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    Authorized user doesn't count, it's not a pull on your credit. Most business accounts don't count either