I love credit cards so much!

[SouthFayetteFan]

More than one application it says. Approved for one, the other is pending. I guess they got my second attempt for the Marriott card.

im pretty sure ur gonna have to reallocate your cl again... call again! best of luck! glad u got your freedom card! :]

I agree, just call into recon the Marriott card now. This is partially why @Lain said to apply for one, recon, approved...then apply for the other. Also, in the future if you happened to have multiple apps I would not try to recon them both at the same time on the same call. Another tip, always recon the card you want most first. It sounds like you preferred the Marriott card... I'm not trying to be overly critical, just pointing out that there were a number of missteps in your process that could potentially hurt your chances to get both cards. Regardless, good luck and hopefully you can still score your Marriott card!

 

[AmyAnne]

Those funds are considered a gift to the student, not income.

I'm not sure it's that simple if those funds can be considered "shared income." I did a quick google search and found this on Capital One's website for a student card:

What Should I Put For Total Annual Income?
You may include personal income, which is income you have earned, including full-time, part-time, or seasonal jobs, self-employment, interest or dividends, retirement, and public assistance. You may also include shared income, which is money from somebody else that is regularly deposited into your individual account or into a joint account that person shares with you. If you are 21 or over, you may also include somebody else’s income that is regularly used to pay your expenses.


I'm not saying those funds can count as the student's income for sure, but I think the area is grey enough that if it were me, I would call Chase and inquire.

 

[Albort]

I'm not sure it's that simple if those funds can be considered "shared income." I did a quick google search and found this on Capital One's website for a student card:

What Should I Put For Total Annual Income?
You may include personal income, which is income you have earned, including full-time, part-time, or seasonal jobs, self-employment, interest or dividends, retirement, and public assistance. You may also include shared income, which is money from somebody else that is regularly deposited into your individual account or into a joint account that person shares with you. If you are 21 or over, you may also include somebody else’s income that is regularly used to pay your expenses.


I'm not saying those funds can count as the student's income for sure, but I think the area is grey enough that if it were me, I would call Chase and inquire.

i just checked chase policy, the last line says if you are 21 and older, any money you get from others to pay bills, you can count that too.

 

[mefordis]

I agree, just call into recon the Marriott card now. This is partially why @Lain said to apply for one, recon, approved...then apply for the other. Also, in the future if you happened to have multiple apps I would not try to recon them both at the same time on the same call. Another tip, always recon the card you want most first. It sounds like you preferred the Marriott card... I'm not trying to be overly critical, just pointing out that there were a number of missteps in your process that could potentially hurt your chances to get both cards. Regardless, good luck and hopefully you can still score your Marriott card!

Thanks so much for all of your help. I don't take it as you being critical at all! I tried to discuss the Marriott application but they said they did not have it, so we discussed the Chase Freedom (the only one they had).

 

[elgerber]

i just checked chase policy, the last line says if you are 21 and older, any money you get from others to pay bills, you can count that too.

Thank you! Guess I should have paid more attention to that at application. Scares me to call recon, but maybe I will give it a try.

 

[SouthFayetteFan]

Thanks so much for all of your help. I don't take it as you being critical at all! I tried to discuss the Marriott application but they said they did not have it, so we discussed the Chase Freedom (the only one they had).

If you still want that Marriott card I'd try to call back in today and recon it - hopefully they'll be able to find it on that call. Good Luck!

 

[mefordis]

I agree, just call into recon the Marriott card now. This is partially why @Lain said to apply for one, recon, approved...then apply for the other. Also, in the future if you happened to have multiple apps I would not try to recon them both at the same time on the same call. Another tip, always recon the card you want most first. It sounds like you preferred the Marriott card... I'm not trying to be overly critical, just pointing out that there were a number of missteps in your process that could potentially hurt your chances to get both cards. Regardless, good luck and hopefully you can still score your Marriott card!

Calling for the Marriott card now and they are moving credit around - taking from my Disney card which is fine. This is great - thanks for much for your help, everyone!!

Now I have to tackle the following spending minimums in 3 months:

Husband's JetBlue card: $1000
Chase Freedom: $500
Chase Marriott $3000

 

[mefordis]

Thank you! Guess I should have paid more attention to that at application. Scares me to call recon, but maybe I will give it a try.

I called recon twice today and the people have so nice. They are just regular people who want to help.

 

[SouthFayetteFan]

Calling for the Marriott card now and they are moving credit around - taking from my Disney card which is fine. This is great - thanks for much for your help, everyone!!

Now I have to tackle the following spending minimums in 3 months:

Husband's JetBlue card: $1000
Chase Freedom: $500
Chase Marriott $3000

Awesome! Way to make that 4/24 double dip happen!

 

[Albort]

Calling for the Marriott card now and they are moving credit around - taking from my Disney card which is fine. This is great - thanks for much for your help, everyone!!

Now I have to tackle the following spending minimums in 3 months:

Husband's JetBlue card: $1000
Chase Freedom: $500
Chase Marriott $3000

if u need help, you can always buy us some iPhones...
i jk. Kill those MSRs and reek the rewards! :]

 

[mefordis]

Awesome! Way to make that 4/24 double dip happen!

Thank you so much! Now I am set for the Chase cards - they won't be granting me anymore until end of 2019. I got 5 new credit cards since November!

Now Im' wondering what my goals should be in 2018. Amex has their own set of rules, though, don't they?

 

[disneymagicgirl]

What’s he best way to see what #/5 you are and when they drop off?

 

[pillow]

I'm not sure it's that simple if those funds can be considered "shared income." I did a quick google search and found this on Capital One's website for a student card:

What Should I Put For Total Annual Income?
You may include personal income, which is income you have earned, including full-time, part-time, or seasonal jobs, self-employment, interest or dividends, retirement, and public assistance. You may also include shared income, which is money from somebody else that is regularly deposited into your individual account or into a joint account that person shares with you. If you are 21 or over, you may also include somebody else’s income that is regularly used to pay your expenses.


I'm not saying those funds can count as the student's income for sure, but I think the area is grey enough that if it were me, I would call Chase and inquire.

So, if thats the case, and a student is still a dependent, they can basically call all of their parents income their own - at least for credit card app purchases. Interesting.

 

[pillow]

What’s he best way to see what #/5 you are and when they drop off?

I use Credit Karma for that - although the interface changed and its not as easy as it used to be.

 

[amalone1013]

What’s he best way to see what #/5 you are and when they drop off?

I like credit karma. Just see what the account opening date is for each card, and which are within the last 24 months. Most say that if you are 5/24 and one is about to drop off, wait until the next month to apply for any cards so it has dropped off. Ie my DH's oldest card of his 5 in the last 24 months was opened Nov 15 of 2015, we would have waited until Dec 1st to apply for anything.

ETA: as Pillow said, CK interface isn't as easy to use. You used to be able to sort accounts by date opened, but that's gone now. Now I keep a spreadsheet with my opening date, AF, what MS is/how long I have, when I hit it, when it posts...

 

[SouthFayetteFan]

Thank you so much! Now I am set for the Chase cards - they won't be granting me anymore until end of 2019. I got 5 new credit cards since November!

Now Im' wondering what my goals should be in 2018. Amex has their own set of rules, though, don't they?

I've found AMEX's rule to be... "Are you breathing?" Ok, you're approved! LOL. I know that sounds ridiculous but they approved me for 11 cards in a 12 month period (and 14 cards in a 16 month period). They seem more interested in combating churners through disallowing spend on gift cards and other strange things of that nature.

One comment on Chase is don't forget about the non-5/24 cards. (A few of mention are AARP, IHG, Both Disney Cards, Marriott Biz, Hyatt). Those could be available to you down the line.

 

[elgerber]

I've found AMEX's rule to be... "Are you breathing?" Ok, you're approved! LOL. I know that sounds ridiculous but they approved me for 11 cards in a 12 month period (and 14 cards in a 16 month period). They seem more interested in combating churners through disallowing spend on gift cards and other strange things of that nature.
.

This cracked me up! We did have one for my husband, where I was instantly approved, but his took longer, that was weird with AMEX. He did get it though.
I also wonder if part of it is the fact that they aren't as readily accepted, so they are happier to get more cards out there?

 

[Albort]

This cracked me up! We did have one for my husband, where I was instantly approved, but his took longer, that was weird with AMEX. He did get it though.
I also wonder if part of it is the fact that they aren't as readily accepted, so they are happier to get more cards out there?

i think its also them losing a crapload of big accounts... costco account was huge for them. Jetblue also is pretty big account for them. After all this, they were sending me mailers every week until i finally bite for the SPG card.
it also works the other way too. Since Citi got the costco account, they been pretty chill with their lines... you used to see the TYP card line with a decent bonus, but they are now come and go as they please.

 

[mefordis]

I've found AMEX's rule to be... "Are you breathing?" Ok, you're approved! LOL. I know that sounds ridiculous but they approved me for 11 cards in a 12 month period (and 14 cards in a 16 month period). They seem more interested in combating churners through disallowing spend on gift cards and other strange things of that nature.

One comment on Chase is don't forget about the non-5/24 cards. (A few of mention are AARP, IHG, Both Disney Cards, Marriott Biz, Hyatt). Those could be available to you down the line.

Lol! That's funny! Maybe an SPG in my future - though the AMEX Platinum is tempting because of the status with Marriott, SPG and the lounge access, though not sure if I could bring my family into the lounge. I don't think I could which makes it useless. However, some of the lounge pictures I have seen look like a community center rather than a nice, luxurious lounge.

 

[elgerber]

35 minutes on recon, still declined. They said not long enough time since the oldest credit card was opened, and not enough cards that I (she) is responsible for paying.
Oh well. Moving on