Denied a Chase Credit Card? Here's What To Do! #travelhacking #chase #denial

Chase has been denying a LOT of people lately. Not only for business cards, which has been the lay of the land for the past year or so with Chase. But moreso lately, I’ve been seeing a lot of travel hackers reporting that Chase is now denying them for personal cards too! A lot of them have been shocked because it’s been more than 6-8 months since their last card approval with Chase. So what gives? I’m Colleen with Leen on Travel and I will walk you through calling Chase to ask them for a reconsideration, to get that denial turned into an approval! First off, there is no asking for a reconsideration if it’s strictly against Chase’s eligibility policies. For example, Chase will not approve you if your total credit limits across all cards is more than 50% of your income. This includes all banks as shown on your credit report, and Chase business credit limits. They will not approve you if you have opened up more than 5 personal cards in the last 24 months. But, If your spouse made you an authorized user on their card that was opened in the last 2 years, share this during the recon phone call to help you get approved if you actually are under 5/24. You cannot earn the signup bonus for the Ink Cash AND Unlimited cards now- it’s one or the other. And if you already have 3 or more business cards currently open with them, ha! Good luck as approval rates are extremely low unless you have 2 or less open. Once you feel confident in your talking points, call them. Use the phone number on the denial letter as there’s a separate phone number for personal and business cards. Call Chase's Personal Reconsideration line at 888-270-2127. Once you get ahold of your first Chase rep, you’re going to tell them you recently applied for a card, was not approved for it, and was hoping to get that decision reconsidered. They will transfer you to a separate reconsideration rep who will ask you some basic information like your personal and household income first. One once asked me what my housing payment was, so that’s why you should have prepped with your basic monthly expenditures. Once you answer all their questions, you’ll find a way to interject why you wanted this card. Usually I just say something like “I understand if I’m just not eligible, I just really wanted this card for “whatever the reason”. They’ll use this to ask you more specific questions. You’ll ask them if you can transfer credit over from another open card to get this new card approved. They might put you on hold 1 to 3 times to see what else the underwriters need to get you approved for it.