Misc Credit Card Questions

[@Yehuda]

If you've gotten any Chase card in the last 30 days. There is a 1/30 rule guideline (1 card every 30 days) for the business cards, so you want to wait until you're at least past that. You'll get a denial unless you haven't gotten ANY (personal or business) Chase cards in the last 30 days.
So firsr biz then after approval a personal should work.

Thank you. I applied for biz first (got 7-10 days), but didn't wait for approval before applying for a personal. Guess we'll see.

Update: recon was able to approve the biz first. Then next day recon approved the personal. B"h. Now I'm hearing that getting 2 Chase cards in a short period of time is a red flag these days... any idea on that?

[Joel]

Update: recon was able to approve the biz first. Then next day recon approved the personal. B"h. Now I'm hearing that getting 2 Chase cards in a short period of time is a red flag these days... any idea on that?

Its recommended to wait 3 months in between chase applications.

[Alexsei]

I got this email from discover, Iv'e never kept a balance on my cc, wondering what effect it will have on my cs if I utilize 50%+ of my available credit on this card and pay only minimum payments till the promo expires?

[Pad18]

I got this email from discover, Iv'e never kept a balance on my cc, wondering what effect it will have on my cs if I utilize 50%+ of my available credit on this card and pay only minimum payments till the promo expires?

Credit score is calculate also based on your utilisation. So your score will drop I'd you u are using 50% of it.

However, if you don't have any plans for a mortgage/loan/lease or so , and you need that money. It's the cheapest option do do. Again it's depends your nedes.

Keep in mind that there's business card with 0%apr as well and they do not report, so it will be a better option to consider..

[Alexsei]

Credit score is calculate also based on your utilization. So your score will drop I'd you u are using 50% of it.

Utilization of each card or of total credit ?

[Pad18]

Utilization of each card or of total credit ?

Total, but in general the bank's don't like to see that you use all the limit of a card, it's makes them more worry. (Might be different if it's a 0% apr, as they understand that's it's for that reason ..)

[TimT]

With all the recent protection changes is amex still the best to use for expensive electronics ?

[TimT]

With all the recent protection changes is amex still the best to use for expensive electronics ?

BUMP. The line behind me is building up & I'm getting dirty looks.

[stooges44]

BUMP. The line behind me is building up & I'm getting dirty looks.

Hahahahaha!! My understanding is that all the amex changes are taking affect after 12/31.

[TimT]

Hahahahaha!! My understanding is that all the amex changes are taking affect after 12/31.

But changes would affect prior purchases, no ?

[stooges44]

But changes would affect prior purchases, no ?

https://www.dansdeals.com/credit-cards/major-changes-coming-american-express-benefits-master-chart-whats-added-removed/#comment-1428036

and the reply: https://www.dansdeals.com/credit-cards/major-changes-coming-american-express-benefits-master-chart-whats-added-removed/#comment-1428037

[TimT]

Is Amex still better than Chase & Barclay for long term protection/warranty ?

[yossig]

If I brought an item with a chase card and they closed the card, can I still utilize the extended warranty benefit?

[avrohomgelb]

Don't see any international fees on Freedom card which was downgraded from Preferred, can I rely on this for the future?

[Agoldsc1]

What's the best card for approx $45k of legal fees?