Update: This very popular deal is still available.
Chase is offering a $200 Bonus after you spend $500 on purchases in the first 3 months of account opening for the Chase Freedom Unlimited®. Annual fee is $0. Thanks helper02
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Edited January 13, 2021
at 01:02 PM
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Chase is offering a $200 Bonus after you spend $500 on purchases in the first 3 months of account opening for the Chase Freedom Unlimited®. Annual fee is $0.
Card Details:
Slickdeals may be compensated by Chase.
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Call the reconsideration line immediately.
Call the reconsideration line immediately.
If you get rejected sometimes there are errors in their automation side or just simply discrepancies. I have always called the reconsideration lines for credit agencies and sometimes even gotten approved over the phone.
At the least it will tell you why you got denied and it will be a learning experience. In this specific case: Always call
Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.* And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.*
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Anyway the offer has bounced around in the 15k-20k range over the years... the extra thing that's new is the 5x on groceries for a limited time on top of that... which combined with the 1.5x pay-your-self-back feature for groceries CSR owners have access to effectively makes this 7.5% cash back equivalent on grocery spend.
But if you use the csr to get the pay me back, then that means you are not using the freedom card, so u can't get 5%
Freedom card will get you the 5% CB, you can still move the pts earned from Freedom to CSR.
But you will not get the 1.5x to pay yourself back on "this one" transaction. You can still use the pts at 1.5x to pay other transaction which incurred on the CSR on qualifying sales Category.
As long as you didn't apply for the same freedom card in the past. My understanding is that this is a different product line.
But you will not get the 1.5x to pay yourself back on "this one" transaction. You can still use the pts at 1.5x to pay other transaction which incurred on the CSR on qualifying sales Category.
For example restaurant food (that you might've charged to CSR for the 3x points) can be "paid back" using the 5x points on grocery spend at a 1.5x bonus, effectively "earning" 7.5% cash equivalent on your grocery spend.
Or for the simplest version of the math- $1.00 of grocery spend gets you 5x UR points, transfer to CSR, and "pay off" 7.5 cents worth of spend in any of the pay yourself back categories you put on said CSR.
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That benefit to my card but they said they can't. Anyone in the same boat have any luck getting the 5% added to an existing account?
Most say you need over 700 for the CSP. So it might be a combo of factors.
Chase is not a "started" CC issuer. So if you don't have a decently long credit history or history with chase, you might not get approved. If this is the case try starting with the Freedom or freedom Unlimited. Tho even those are typically not thought of as starter cards. Chase just isn't in that market.
Chase has the 5/24 rule. So if you have opened 5 or more CC's in 24months, they won't approve you, no matter ur credit score or income. This is CC's from any bank, not just Chase. There are some odd exceptions not worth going into.
The CSP has a min $5,000 credit limit due to type of visa it is. So if ur income or other credit isn't such to support that, they would decline you.
I also think it is Chase that puts a total credit allowed limit. It's like 50% of income. So if you make $50,000 but Chase has already extended you $25,000 they won't approve more.
All these have exceptions. There is a reconsideration line you can call. There are reports of people having luck with it. For example, if it's your total credit with Chase, you can ask them to lower the limit on some of your other cards and they might approve.
I'd at least call the reconsideration line. They should tell you why you were declined. I believe they are required to tell you in writing.
Most say you need over 700 for the CSP. So it might be a combo of factors.
Chase is not a "started" CC issuer. So if you don't have a decently long credit history or history with chase, you might not get approved. If this is the case try starting with the Freedom or freedom Unlimited. Tho even those are typically not thought of as starter cards. Chase just isn't in that market.
Chase has the 5/24 rule. So if you have opened 5 or more CC's in 24months, they won't approve you, no matter ur credit score or income. This is CC's from any bank, not just Chase. There are some odd exceptions not worth going into.
The CSP has a min $5,000 credit limit due to type of visa it is. So if ur income or other credit isn't such to support that, they would decline you.
I also think it is Chase that puts a total credit allowed limit. It's like 50% of income. So if you make $50,000 but Chase has already extended you $25,000 they won't approve more.
All these have exceptions. There is a reconsideration line you can call. There are reports of people having luck with it. For example, if it's your total credit with Chase, you can ask them to lower the limit on some of your other cards and they might approve.
I'd at least call the reconsideration line. They should tell you why you were declined. I believe they are required to tell you in writing.
Thanks, that helps alot!
That benefit to my card but they said they can't. Anyone in the same boat have any luck getting the 5% added to an existing account?
Shall I just have my family go thru chase.com?
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