I've seen a lot of posts about the Disney Visa $200 offers, but I wonder if anyone could share their experience with the "pre-screened offers" for the Chase Freedom visa card.
My huseband and I have received the prescreened offers several times over the past few months, offering like a $100 or once even $200 cash bonus after you use the card.
But my specific question now is for my son, who is 21 and will be graduating from college soon, actually next week. He just got a "prescreened offer" for the Chase Freedom visa, with a $300 CASH BACK offer after he makes $500 in purchases. It also has the 1% cash back on all purchases, with the 5% rotating categories each quarter. I thought, "What a deal, sign up, use the card, and get $300!"
But when we look at the application, it asks for "household income". He does NOT have a full time job lined up for after he graduates, and his income last year working parttime was about $5500.
So, do we use his last years personal income, or the family income? Since he's over 21, can or should he include our income on the application?
He's had a citicard student mastercard since he was a freshman, so he has some credit history. I would hate to see him lose out on this deal, if he doesn't qualify based on income.
Anyone have any knowledge on "household income" for student/soon to be graduate?
My huseband and I have received the prescreened offers several times over the past few months, offering like a $100 or once even $200 cash bonus after you use the card.
But my specific question now is for my son, who is 21 and will be graduating from college soon, actually next week. He just got a "prescreened offer" for the Chase Freedom visa, with a $300 CASH BACK offer after he makes $500 in purchases. It also has the 1% cash back on all purchases, with the 5% rotating categories each quarter. I thought, "What a deal, sign up, use the card, and get $300!"
But when we look at the application, it asks for "household income". He does NOT have a full time job lined up for after he graduates, and his income last year working parttime was about $5500.
So, do we use his last years personal income, or the family income? Since he's over 21, can or should he include our income on the application?
He's had a citicard student mastercard since he was a freshman, so he has some credit history. I would hate to see him lose out on this deal, if he doesn't qualify based on income.
Anyone have any knowledge on "household income" for student/soon to be graduate?
