We Need to Review Your Application a Little Longer Chase
You just clicked "submit" on your application for a new Chase credit carte, and the few seconds information technology took to make up one's mind your fate felt like a lifetime. If you're lucky plenty to accept received instant approval, you tin rest easy knowing you'll have your new card in a few days.
Simply that isn't always the case. If y'all aren't approved instantly and your Hunt credit carte du jour application condition is awaiting, don't worry and presume the worst all the same.
There are a handful of reasons why you lot might non have received an immediate approval from the credit carte du jour issuer. Fifty-fifty something as elementary as a typo could ship your credit carte du jour application to the "under review" pile. This additional review process generally takes anywhere from seven to x business organisation days, although in some cases, it could accept up to thirty days.
While it can be a elevate, if yous go in knowing what to expect, information technology might brand the procedure a little more bearable.
In this commodity
- What it means if your Chase application condition is under review
- Possible outcomes
- Chase business concern credit carte applications
- How to check the condition of your Chase application
- Bank check Chase awarding status online
- Check Hunt application status by phone
- How to better your chances of existence canonical
- If your Hunt credit card awarding is denied
- Alternatives to Hunt cards
- Ordinarily asked questions about Hunt application status
- The bottom line
What it ways if your Chase awarding status is under review
Information technology's understandable to feel anxious after finding out y'all weren't instantly approved for a credit carte. Yous might even consider scouring your entire credit contour to identify what it was exactly that now requires further review.
Attempt not to overthink it. While instant approval is ideal, being notified that your awarding is nether review doesn't automatically mean you're on the edge of being denied. Especially if you are applying for a business concern bill of fare, Chase may just have additional questions for you.
As your application undergoes further review, Chase volition consider the post-obit to make a decision:
- Credit history
- Income
- Debt
- Housing status
- Number of recently-opened credit cards
It'due south by and large still information normally used to make a conclusion, but since the criteria required to trigger an instant approval may not have been met, someone at Chase will accept to take a closer look manually.
Possible outcomes
Once a decision is made, you'll likely be notified by mail service or electronic mail every bit to whether or not y'all were approved. If you were approved, you'll find out what your credit limit is and when to expect your new card in the mail.
It'south also possible that Chase will request additional data to assist in the controlling process. This could exist annihilation from proof of income to correcting mistakes that may have been made on the initial application.
Hunt business organization credit card applications
If y'all're applying for a business credit menu from Chase, information technology'due south probable you lot won't be instantly approved. The Hunt Ink business cards are very popular, especially with those who also have other Hunt cards that earn Ultimate Rewards, as you can pool your points across your accounts. With generous sign-upwardly offers, loftier rewards rates on purchases, and spending power that's valuable to any business, there is trivial wonder why so many people apply for these powerful small business cards.
Merely getting approved for a concern card is a footling more complicated than for a consumer carte du jour. There may exist more information than your credit history that needs to exist verified, which tin result in a longer waiting catamenia when it comes to an approving determination. A recent telephone call to Chase Ink Business organisation' customer service revealed that they receive and then many applications that information technology takes at least seven to 10 business organization days to review all the data before a determination is reached.
If you're worried about the time information technology's taking to get a response from Chase about your business organization credit menu application, calling customer service is your best bet. Don't call the reconsideration line unless you lot've received a notice that your awarding was denied. Doing this will possibly consequence in more questions to answer while your application is still under review, which unnecessarily complicates the process. Sometimes just waiting to hear from Hunt is the best strategy.
How to bank check the status of your Chase awarding
If you discover you're also eager to await the decision, you can really cheque your Chase credit card condition every bit often as you want by logging into your account or calling for an update.
Check Chase application status online
To check your credit card application status online, visit Chase.com, log in to your Hunt account, and click the icon in the tiptop left corner to pull upwards the main menu. From there, under "Explore Products," you should see the option "Application status." This will open up upwards your awarding activity.
Bank check Chase awarding status by phone
The other option is to call customer service for Hunt credit cards and become through the automated system or speak to a representative direct. To check the status of personal credit cards using the automated arrangement, call the status line phone number: 1-800-432-3117. Follow the instructions to go to the credit card approval department of the directory. Once in that location, y'all'll need to enter your Social Security number to retrieve the application.
For business credit cards, phone call this phone number to bank check the status of your awarding: 1-800-453-9719.
How to improve your chances of being canonical
The criteria you need to authorize varies from carte du jour to carte, but there are a few things y'all can do that can help prepare y'all upward for success.
- Improve your credit score: Since it'due south one of the leading factors of whether or not you'll be approved, you lot should know if your credit score aligns with the credit carte you're applying for. If it means having to wait a lilliputian longer, it might brand sense to work on improving your score to increment your chances of being approved.
- Be mindful of credit utilization: Hunt is going to look at whether or non you've been handling your credit responsibly, and this includes checking how much credit you're currently using. If you're maxing out credit cards or carrying over high balances month to calendar month, they'll come across this as a red flag.
- Keep the Chase five/24 rule in heed: Chase has been known to operate under a little rule chosen Chase 5/24. Though these sorts of application rules are unofficial, this one pretty much means if y'all've signed up for v new accounts in the past 24 months, you stand trivial chance of being canonical for a new credit carte within that fourth dimension frame. This includes all credit card accounts from all credit card issuers — not just Chase.
If your Chase credit card application is denied
Unfortunately, information technology happens. If your awarding is denied, consider calling the Chase reconsideration line, which is 1-888-270-2127. In that location's no guarantee, of course, but it may be worth trying if your circumstances accept changed or yous wish to further explicate something on your application.
If you can't persuade them in your favor, you may accept to focus on what you tin can exercise yourself to improve your chances going forward. Depending on your situation, this might hateful taking some time to improve your credit score, reduce debt, or allow the dust settle if y'all've recently applied for multiple cards.
Alternatives to Chase cards
If you aren't approved for a Chase carte du jour, you may nonetheless take some options, depending on your situation. If yous have a decent credit score and you're over v/24, you might want to consider applying for a credit bill of fare from a dissimilar issuer. For case, The Platinum Carte du jour® from American Express is a top travel rewards card that offers comparable — and peradventure fifty-fifty amend — perks than the Chase Sapphire Reserve carte.
As a new Amex Platinum cardmember, you can earn 100,000 Membership Rewards points when y'all spend $6,000 in the offset 6 months. Plus, this rewards card offers Membership Rewards points on . Amex Platinum cardmembers also become tiptop-tier benefits similar airport lounge admission, elite condition with Marriott Bonvoy and Hilton Honors, a statement credit for TSA PreCheck or Global Entry, and Uber VIP status. While it does take a hefty annual fee of $695 (Run into rates and fees), it's possible to get-go that cost if you can accept advantage of this card's many perks. Note that select benefits require enrollment.
If yous take less-than-stellar credit, simply you're working toward improving it, the Capital One QuicksilverOne Cash Rewards card may be worth because. Information technology'due south arguably ane of the best credit cards for off-white credit because information technology earns cashback rewards. Typically, information technology's difficult to get approved for a rewards credit card with off-white or average credit, but this card is often an exception to that rule. It carries a reasonable $39 almanac fee, and you go unlimited i.5% cash dorsum on every purchase. Plus, you lot'll as well automatically exist considered for a credit line increment every six months, which may help improve your credit utilization. With responsible use, y'all could exist on your fashion to a ameliorate credit score over fourth dimension. If you lot're looking for a carte du jour with no almanac fee, run into our list of the best no annual fee credit cards. Or, if you're interested in learning more about rewards cards, check out our list of the all-time cash dorsum credit cards to run across our top picks.
Normally asked questions almost Chase application status
How long does it take to get approved for a Hunt credit card?
While you may be eager to start taking reward of Ultimate Rewards right away, credit card approval timelines may vary. If you applied online or through your mobile device, you may receive an awarding determination within minutes. If you didn't receive an immediate approval, the approval process may take seven to 10 business days.
Does Chase have 24/7 customer service?
Yes. As an existing or prospective Chase customer, you lot can telephone call Hunt credit card support and speak to an agent 24 hours a day, vii days a week at one-800-432-3117.
Does Hunt ever approve credit card applications instantly?
In some cases, you may receive an instant, or same-twenty-four hours, credit card blessing online, if you are eligible. Some cards will fifty-fifty enable yous to earn bonus points by spending money soon after your account opening. Alternatively, you may receive an e-mail proverb more time is needed or that you demand to phone call in with more information. If you don't receive an instant credit card awarding decision, you tin always accomplish out to a Chase credit card support agent at 1-800-432-3117 for an update.
Is it hard to get canonical for a Hunt credit carte?
Approval for a Chase credit card will vary with the bill of fare beingness applied for and with each applicant. Some Hunt cards, like the Chase Sapphire Preferred, Disney Visa, and the Hunt Liberty Unlimited, crave a good to excellent credit score. Other cards crave a fair credit score. Other factors, such every bit income and existing debt, are too used to determine credit carte approvals. The best way to meliorate your odds of existence approved for a Chase credit card is to work on raising your credit score.
Can I utilize for the Chase Freedom Unlimited if I have the Hunt Liberty?
Yes, you can apply for the Chase Freedom Unlimited credit carte, fifty-fifty if you already take the Chase Liberty card. These rewards credit cards are 2 separate Chase products with different rewards structures. That said, be enlightened that Chase does go along an middle on how many cards you've been applying for overall, so you may want to read up on the five/24 rule.
Can yous accept 2 Chase business cards?
Chase doesn't take whatever documentation when information technology comes to how many Chase concern cards y'all can have. And then while nosotros don't know the maximum number of Hunt business cards you can have, you can definitely accept more than than i. However, earlier yous utilize for two Ink Business cards, consider Chase'due south 2/30 rule.
The Chase ii/thirty dominion is an unwritten policy backed up by many data points in the points-and-miles customs. It indicates that if you've been approved for two Chase cards inside the by 30 days, you're not likely to be approved again. So if yous've added the Chase Ink Business organisation Preferred and the United Gild Business concern cards to your wallet in the past month, it's unlikely you'll be approved for another business credit card. Some sources report that the limit is two consumer cards and one business carte du jour.
Since this is a generalized guideline and not a physical rule, experiences may vary. But if you don't want to risk too many hard inquiries to your credit report, it's a proficient idea to keep the 2/thirty rule in mind before submitting your application and when evaluating your chances of approval.
The bottom line
Getting denied for a credit carte stinks, but information technology doesn't mean information technology's the end of the route. If y'all take your centre set on a specific Chase card, go through your credit study and locate whatever weak points that may have been a factor in their decision. Utilize this as an opportunity to see where you can improve and start making moves. If you're open to applying for a credit card from a dissimilar issuer, several other options offer valuable perks like cash back and no almanac fees.
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Source: https://financebuzz.com/chase-application-status
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