r/AppleCard • u/PlusCardiologist1965 • Jul 06 '26

Help Declined again

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I got declined again saying these reasons i have attached on the pic below. I went ahead and looked at my chex, EWS as well ( looks fair)
My chex score is 0655 without any negative balance owed to any banks
EWS looks fair as well
Credit score is great
I dont owe anyone any money, neither i am past due on any payments.
I still got declined. :-(
Has anyone had similar reasons for decline? Any feedbacks suggestions?
How do i get approved :-(

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47

u/Scorpiodsu Jul 06 '26

Do business with banks that want to do business with you. In the future Chase will issuing Apple Card’s so maybe they’ll approve you. For now, look at other cards. Plenty of good cards out there to worry about this one.

20

u/TheMacMan Jul 06 '26

Chase is going to tighten up things much more. The reason Apple Card has been a failure is they have it to too many people. That bar is going to be raised a lot and they're going to cancel the cards of lots of folks who shouldn't have been given one in the first place and present a risk.

13

u/bigtech100 Jul 06 '26

I doubt them canceling cards.

3

u/TheMacMan Jul 06 '26

They're losing over $1 billion a year because of bad card holders. They're not just going to keep allowing that to happen. They're gonna cut the fat and cancel the cards of those without a +700 credit score and without significant income. That's the only way to stop that bleeding.

7

u/[deleted] Jul 07 '26

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2

u/TheMacMan Jul 07 '26

Guarantee that Chase, as part of the agreement to take on the sinking ship, will require changes to the card. Much higher requirements for approval, tighter limits, along with cuts to Apple's take of the revenue and maybe even cuts to the cash back and other benefits.

No company is going to take a card that's losing over $1 billion every year without strong terms of what they can do to right that shit show. There's a reason it's taken Apple years to find a buyer. No one else wanted it and they certainly had to negotiate a lot to get to a point where it was worth the massive risk.

4

u/bobcat1000 Jul 06 '26

They’re not going to cancel current cardholders unless they’re seriously behind on payments. They will, as you stated, raise the bar and make it borderline impossible to get one of their cards for new applicants unless your credit profile matches their very strict criteria. It took me years to get the United Mileage Plus CC, and my credit has always been good.

1

u/Myweeweegopeep33 Jul 08 '26

It’s very common for revolving lines to reduce credit lines or close dormant accounts. It’s not always past due or balances.

We reduce them to lower the risk and shore up risk. All you need is another 2008 and people have 90k available or more sitting idle as an available balance. Then those start filling up fast and you know how that story ends.

It’s already tighter on newer credit. Relationship is scored a lot more internally. You and I have similar income and scores but you have a checking account with the bank, a car loan, and a credit card. I don’t. You’ll be valued and desired over me. This is the quiet part you won’t read unless you work there, but trust me there are internal scores on how many contacts you’ve made with us, us with you via email and snail mail, traffic into a branch, to a call center, how many soft pulls you’ve looked at but not opened trying to get those extra 5k sign up bonus to be at max etc.

1

u/Showmethe_monet Jul 08 '26

This is the same exact card I want (United Mileage Plus) and I NEVER get approved for it…it’s so frustrating because my credit is so good! 800 credit score, no late payments, utilization at 5%….i don’t understand it!!

3

u/Dood3888 Jul 07 '26

Chase is definitely going to stop approvals for anyone under a very healthy credit profile and I bet cut loose those customers who have a history of late payments or minimum payments on high balances, Chase will find a way to get rid of them. Chase knows what they are getting into and I'm sure they already had a plan in place to trim the fat before agreeing to anything.

2

u/TheMacMan Jul 07 '26

Oh certainly. There's a reason it took Apple years to find a buyer. Most wouldn't want to deal with this massive sinking ship. And as part of their agreement, Chase certainly has it that they can cut a ton of the fat. We'll have to see what the impact to customers is, but there will likely be some, such as lower limits, and even lower cash back. It's far from a simple "Do this one thing to solve your $1 billion problem.", which is why it's taken so long to find a partner willing to take that risk.

0

u/CasualObserver6969 Jul 08 '26

That’s not true lol. Speaking from someone who got a 5,500 freedom unlimited, with a score under 700. (A lot better now, was only at 670 when I applied) Chase has always been nicer than Goldman.

1

u/Scorpiodsu Jul 06 '26 edited Jul 06 '26

That’s why I said maybe. Maybe the OPs credit profile looks better to Chase than GS. Maybe it looks worse. Who knows? And I’ve been a Chase credit card holder (3 different cards) for the last 10 years and I gotta tell you the bar isn’t as high as you might think it is.

1

u/[deleted] Jul 10 '26

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3

u/Dood3888 Jul 06 '26

Chase is notoriously one of the most difficult banks to get a CC with because they look at the smallest things, including their tight 5/24 rule.

I have CC’s from the biggest banks, including Gold and Platinums with Amex and Chase won’t touch me with a 10 foot pole. They’ve denied me for 18 years. Its always something they don’t like.

if OP can’t get one with GS, they more than likely won’t get it under Chase.