Ready
Thinks s/he gets paid by the post
OP here, I got the letter from Chase about my denial of an Amazon Prime card.
"Our decision was based on the following reason(s)
Your Credit report reflects too few open credit card accounts
Insufficient balance in deposit and investment accounts with US"
My bolding.
Both true, I only have one credit card with an $11k limit and usually less than a $500 balance, (Paid monthly, is that the problem?)
I don't have an account with them. My credit score is above 780, I have no late payments and plenty of excess income.
Now it has become a challenge. What methods could I use to get the card?
I could without disrupting anything, move $30k into a Chase savings account and apply for a Chase CC. (temporarily, until I get the card I want)
Any other ideas?
The $11K limit on your only credit card doesn’t give you much total credit. Is there a reason your limit is so low? Have you tried requesting an increase? Overall though I can’t imagine why they would not at least give you a small credit line instead of rejecting you completely. I would try calling them and talking to someone.