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YAK25

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  1. As others mentioned above, you might still be approved. As a data point, I was right at 5/24 as well when I applied for CSR. I did it in branch and was told I was pre-qualified for CSR. Instant approval. Hope you get your approval!
  2. CRA: Not sure FICO: 787 (EX, FICO Score 8); 817 (EQ, FICO Bankcard Score 8) Util: 4% Over 5/24: exactly at 5/24 (CSR = 6th application) Chase Banking Relationship: no, only credit cards (CSP and United - open; Southwest - closed) Chase Private Client: no App immediate outcome: Instant approval for $35,000 at 16.24% APR Notes: Applied in branch. Asked to see if I had any pre-approvals prior to the application. Banker said that I was pre-approved for CSR.
  3. App'ed for Barclays U.S. Airways Premier World MC yesterday. Instant approval for 20k. This is my first Barclays card. P.S. I combined the app with an app for CSP. Instant approval on that as well, for 25k.
  4. I would think so. But, on the other hand, they are both Chase Southwest cards. Would be great to know if someone has actually applied for both cards and received both bonuses.
  5. You are partially correct. Points directly from CSP do not get counted. But it is my understanding that points from partner hotels, such as Marriott or Hyatt, do get counted toward the Companion Pass. You are correct. Hotels, car rentals, basically anything you spend money to earn points counts towards Companion Pass. It DOES NOT count towards A-List. I still need two round trips before December 30th to preserve A-List for next year. You should fly before November 20, 2014 and fly Business Select. You'll get 15x base fare (12x for business select and extra 25% b/c you are A-list). plus they are having a promotion right now that if you register and fly before November 20, you get three times the number of RR. Now, those extra points do not count for A-list, but they will in effect offset the price of the business select fare, because you will essential get 45x base fare in points.
  6. You are partially correct. Points directly from CSP do not get counted. But it is my understanding that points from partner hotels, such as Marriott or Hyatt, do get counted toward the Companion Pass. So, if I transfer 50,000 UR points straight into 50,000 RR points, they do not get counted. But if I first transfer 50,000 UR points to Hyatt, and then those into RR for 30,000 points (24,000 for every 50,000 plus 6,000 bonus), they apparently do get counted for the Companion Pass.
  7. Hi, CBers! Looking for advice about Chase and Southwest cards, particularly how it applies to obtaining a Companion Pass. Any input is appreciated, especially if you have personal experience with any of the scenarios described below. As always, thank you all SO MUCH for any help that you can provide! Long story short, I have determined that it was time to update my credits cards earlier this fall. Particularly, I decided I finally want to get the CSP, for its 2x points on dinning and travel and the transfer options into Southwest and United, which are the number one and two airlines that I fly. I also decided that I really, really want to get the Southwest's Companion Pass, preferably earlier on in 2015, so that it would be good for almost two years. So, with that in mind, my initial plan (which, I admit, I didn't really think through really well) was to obtain the Southwest Premier Card and then obtain the CSP. I was hoping to get the 50,000 Rapid Rewards points bonus post on my account in early January and have the CSP's 45,000 post some time in February. From there, I was going to transfer 50,000 UR points to Southwest, through Hyatt, earning me 30,000 Rapid Rewards points. After that, I would just need 30,000 more Rapid Rewards points, which I planned on getting through travel and using my Southwest Premier Card. Since I fly Southwest a lot, my plan was to keep both the Southwest Premier and CSP, despite the annual fees. Well, I applied and was approved for the Southwest Premier as planned in about a month ago I am almost to my spending threshold and will wait to hit the $2,000 spend mark until after the New Year's, so that the 50,000 bonus will post in 2015, instead of 2014. So far, so good. But then I realized, that I would rather spend the 45,000 UR points from CSP's bonus on a flight to Europe on United, instead of "wasting" them by transferring to Southwest through Hyatt, thus significantly de-valuing them. Hmmm, dilemma. How to keep the UR points but still obtain the Companion Pass for Southwest early on in 2015? So, one solution is to apply for and obtain the Southwest Plus card, which is the younger brother of the Southwest Premier. The annual fee is less and I think you get less rewards overall, but the sign-up bonus is still 50,000 after spending $2,000. If I can be approved for the Plus card now and get the 50,000 points to post to my account early on in 2015, I will have 100,000 of the 110,000 required points for the Companion Pass. I can then apply for CSP and have that as my daily spender card. In the alternative, I can apply for CSP at the same time as Southwest Plus. These approaches pose two questions, however. And it is those questions that I hope someone on here has dealt with previously and/or has wise advice to disperse on. First and the most important question is can I get the 50,000 sign-up bonus for BOTH the Southwest Premier and Southwest Plus cards? The terms and conditions for both say: "This new cardmember bonus offer is not available to either (i) current cardmembers of this consumer credit card, or (ii) previous cardmembers of this consumer credit card who received a new cardmember bonus for this consumer credit card within the last 24 months." The more precise question is what do they mean by "this consumer credit card"? At first glance, it would seem that the Southwest Premier and Southwest Plus cards are different consumer credit cards, seeing as they have different annual fees, different bonus structure, etc. However, I do not want to obtain the card, only to find out that I can't get the bonus after making the required spend because I already received a similar bonus on their different card. So, does anyone have any thoughts on this? Have you or has anyone you know successfully applied for both cards within two years and received both bonuses? Has anyone applied for both and been denied the second bonus? Any feedback would be greatly appreciated!! The second, and no less important, question is what are my chances of being approved for so many Chase cards? I currently have two Chase cards, the United MileagePlus Explorer (opened beginning of 2013) and the Southwest Premier (opened a month ago). If I app'ed for another one or two Chase cards, would that cause me to be declined for one or both? Would you suggest applying for the Southwest Plus now, and then applying for CSP in two or three months? Or should I app for both cards on the same day? Also, do you think there is any chance of getting denied for the Southwest Plus card solely on the ground that I already have the Southwest Premier Card? If anyone has had experience applying for several/multiple Chase cards within a short period or even over a period of 24 months, any feedback and suggestions would be greatly welcome! Phew. That was a much longer post that I intended. But I figured more is less, especially when trying to get meaningful advice. As mentioned above, any and all feedback is GREATLY appreciated!! Thank you guys so much! :-)
  8. If you are going to get a CSP, IMO the card is only worth the AF if you transfer the UR points into frequent flier miles. If you plan on using it for cash back, get a Fidelity Amex for a flat rate 2%. Yes, I plan to transfer the points into my UA account. Although, I will probably transfer the initial 50,000 points (45,000 sign-up bonus and 5,000 additional ones) to SW account, via Hyatt, in order to get the SW companion pass.
  9. Thanks for all the feedback, everyone. I'm keeping the BCP, so that I can continue getting 6% back on groceries and 3% back on gas and department stores. I will also likely supplement the BCP by getting the CSP later this month, to get 2% back on dining and travel. These will be my two go-to cards for now.
  10. There is no question that the annual fee "is definitely worth it." While it would be preferable if there was some way to waive or offset the AF, I think I am better of in the long run with keeping the card (and paying the AF) than downgrading to the no-annual-fee version..
  11. Thanks for all the feedback. I'm guessing I will likely keep the card, since (as everyone agrees) the benefits far outweigh the annual fee.
  12. Hi. Anyone ever had any luck offsetting an AMEX annual fee or getting some kind of a retention bonus? I recently called the main line with regard to an annual fee on my BCP, and both the CSR and a supervisor told me that there was nothing they could do or offer me, despite my suggestion that I was seriously considering cancelling or at least downgrading the card to the no-annual-fee version. Just wondering if I should try my luck again with a different CSR or if there is a different number that I should call that would be more successful. As always, any feedback and help is greatly appreciated. Thanks!
  13. Is it really that bad to carry a balance, even if it's a 0% APR card? I have always PIF, unless it's a 0% APR. And then I make the payments proportionally, so as to PIF by the end of the 0% period. Also, would paying the amount due "before the statement closes" really make a huge difference on one's score? I have always paid on the due date or a couple of days before the due date, under the thinking of -- why make a payment before it is due? Just curious, because I never really paid attention to this stuff. Currently, I think I have something like 110,000 total CL and about 13% utilization (all on the 0% cards). Haven't checked the scores recently, but should be around 760. Do you think I will see a huge improvement if I pay off the balances on the 0% cards and make payments on other cards before the statement closes, instead of on the due date? How many points are we talking about? Thanks so much for the help!
  14. YAK25

    CSP AF

    I still see $95 at https://creditcards.chase.com/credit-cards/sapphire-preferred-card.aspx. Let's hope it stay like that for me for another month. I was planning on applying for it at the end of November. Has anyone tried calling to find out if the AF will stay at $95, or if it's just a matter of when, not if, the AF changes to $150 for everyone? I, for one, would love to find out. If it will change for everyone over the next week or two, I might go ahead and apply for it right now, in the hopes of keeping the $95 AF for as long as possible. (Granted, of course, that it is waived in the first year.) If that's the case, and I have to apply right away, do you think I will have any problem being approved in light of the fact that I was just recently (less than 2 weeks ago) approved for the Chase Southwest Premier? Credit is excellent very good (around 760), so I'm not worried about that. But I have read in a number of places that some banks don't like you obtaining more than one of their cards at a time and that you have to wait 91 days (or something like that) between applications. Does that apply to Chase? Thanks!

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