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Bank One/Chase asking for ID verification for processing?

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I applied for a MGM Mirage Visa Platinum card Bank One/Chase on May 31. They sent me a letter on June 3rd asking for proof of address (copy of phone bill) and a copy of my SS card. Does anyone know, if this is good news maybe? Doesn't it seem if they were going to outright decline me, they wouldn't be asking for this information?

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