Topic Wiki

Which Chase Cards Are Affected by The 5/24 Rule?

The 5/24 rule applies to the following cards:
Chase Freedom
Chase Freedom Unlimited
Chase Sapphire Preferred
Chase Sapphire Reserve
Chase Slate
Chase Ink Cash
Chase Ink Plus
Chase Ink Preferred
Chase Southwest Plus personal card
Chase Southwest Premier personal card
Chase Southwest Premier business card
Chase Marriott Premier personal card
Chase United MileagePlus Club Card
Chase United MileagePlus Club  Business Card
Chase United MileagePlus Explorer personal card
Chase United MileagePlus Explorer business card

What Cards Aren’t Affected?

The following cards don’t have this rule applied to them:
Chase IHG
Chase Hyatt
Chase British Airways
Chase Disney
Chase Fairmont ?
Chase Marriott Premier business card
Chase Ritz-Carlton
Chase Amazon
Chase AARP

HT: DOC
« Last edited by etech0 on October 24, 2017, 10:11:36 PM »

« previous next »
Pages: 1 ... 17 18 19 20 21 22 [23] 24 25 26 27 28 29 ... 34   Go Down

Author Topic: Chase 5/24 Rule To Apply On Co-branded Cards?  (Read 129888 times)

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1804
  • Total likes: 158
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #440 on: August 16, 2016, 03:02:31 PM »
Quote from: Moshe G on August 16, 2016, 02:58:57 PM
Its not very simple to figure out if you are below 5/24 given AU and business apps. I think most people are just miscalculating theit 5/24 status.
Easy to figure out.

Go to Experian free credit report (or Credit Karma), count all accounts that show there that were opened in the the last 2 years (including AU's).

Add to that the number the Chase business cards opened in the last 2 years.

If it's over 5, you are affected.
Logged

Offline mmgfarb

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2015
  • Posts: 8394
  • Total likes: 1110
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #441 on: August 16, 2016, 03:03:01 PM »
Quote from: Moshe G on August 16, 2016, 02:58:57 PM
Its not very simple to figure out if you are below 5/24 given AU and business apps. I think most people are just miscalculating theit 5/24 status.
It's really not that hard, check your report and anything that has an opening date in the last 24 months is counted. AU should count toward 5/24  for automatic approval but can possibly be taken out when calling recon. Business cards from most banks don't report (chase biz will count obviously) and any that do should go into your count when you're looking at your report. It's really not that hard to tell.
Logged
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Offline mmgfarb

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2015
  • Posts: 8394
  • Total likes: 1110
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #442 on: August 16, 2016, 03:04:24 PM »
Quote from: Moshe G on August 16, 2016, 03:00:17 PM
+1. I would wait for the Sapphire reserve for the end of the year. is it safe to say the bonus will still be around?
Why wait until the end of the year?
Logged
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1804
  • Total likes: 158
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #443 on: August 16, 2016, 03:07:02 PM »
Quote from: mmgfarb on August 16, 2016, 03:04:24 PM
Why wait until the end of the year?
Double dip travel credit without paying AF then downgrade,  or keep open for a year and triple dip while paying 1 AF.
Logged

Offline nobiggy

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2012
  • Posts: 2341
  • Total likes: 14
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: forums
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #444 on: August 16, 2016, 03:07:38 PM »
Quote from: Zalc on August 16, 2016, 02:52:06 PM
What makes you think that?

People that never had the cards are getting denied left and right, specifically because of 5/24. It's real.
My personal experience says otherwise.
Logged

Offline shulem92

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2015
  • Posts: 2973
  • Total likes: 137
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: Lakewood
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #445 on: August 16, 2016, 03:09:59 PM »
Quote from: Zalc on August 16, 2016, 03:07:02 PM
Double dip travel credit without paying AF then downgrade,  or keep open for a year and triple dip while paying 1 AF.
Triple dipping with this card will cover 2 years AF
Logged

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1804
  • Total likes: 158
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #446 on: August 16, 2016, 03:10:07 PM »
Quote from: nobiggy on August 16, 2016, 03:07:38 PM
My personal experience says otherwise.
Are you a CPC client?
Can you share your DP?
Logged

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1804
  • Total likes: 158
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #447 on: August 16, 2016, 03:12:42 PM »
Quote from: shulem92 on August 16, 2016, 03:09:59 PM
Triple dipping with this card will cover 2 years AF
Then you can keep it for a 3rd year and get 4 Credits before downgrading.
Logged

Offline Moshe G

  • Dansdeals Gold Elite
  • ***
  • Join Date: Mar 2016
  • Posts: 234
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn NY
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #448 on: August 16, 2016, 03:12:52 PM »
Quote from: Zalc on August 16, 2016, 03:02:31 PM
Easy to figure out.

Go to Experian free credit report (or Credit Karma), count all accounts that show there that were opened in the the last 2 years (including AU's).

Add to that the number the Chase business cards opened in the last 2 years.

If it's over 5, you are affected.
You btw did a fantastic summary. Still, i believe a lot of people miscalculate, which makes it extremely hard to gather accurate data.

ANy place where i can check how many chase business cards opened?

Logged

Offline GettingReady

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Dec 2015
  • Posts: 259
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #449 on: August 16, 2016, 03:14:37 PM »
Quote from: Moshe G on August 16, 2016, 02:44:23 PM
This doesn't help for Amex AU cards.

Guess I'm getting confused because we're in a Chase and thread and I thought the AUs were on Chase card. Guess I didn't read carefully. My bad.
Logged

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1804
  • Total likes: 158
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #450 on: August 16, 2016, 03:14:49 PM »


Quote from: Moshe G on August 16, 2016, 03:12:52 PM
ANy place where i can check how many chase business cards opened?
Easiest is to call chase.
Logged

Offline SrulyS

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Dec 2015
  • Posts: 604
  • Total likes: 68
  • DansDeals.com Hat Tips 2
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #451 on: August 16, 2016, 03:18:13 PM »
Quote from: nobiggy on August 16, 2016, 03:07:38 PM
My personal experience says otherwise.
Your personal experience shows that there are exceptions to the rule, not that it doesn't exist.
Quote from: Zalc on August 16, 2016, 02:52:06 PM
People that never had the cards are getting denied left and right, specifically because of 5/24. It's real.

Logged

Offline Moshe G

  • Dansdeals Gold Elite
  • ***
  • Join Date: Mar 2016
  • Posts: 234
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn NY
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #452 on: August 16, 2016, 03:23:42 PM »
Quote from: GettingReady on August 16, 2016, 03:14:37 PM
Guess I'm getting confused because we're in a Chase and thread and I thought the AUs were on Chase card. Guess I didn't read carefully. My bad.
The AU issue towards 5/24 are with both Amex and chase. For chase your suggestion is is an easy fix though it wouldn't work for Amex i believe.
Logged

Offline Moshe G

  • Dansdeals Gold Elite
  • ***
  • Join Date: Mar 2016
  • Posts: 234
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn NY
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #453 on: August 16, 2016, 03:24:32 PM »
Quote from: Zalc on August 16, 2016, 03:14:49 PM
Easiest is to call chase.
Any alternative?
Logged

Offline Moshe G

  • Dansdeals Gold Elite
  • ***
  • Join Date: Mar 2016
  • Posts: 234
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn NY
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #454 on: August 16, 2016, 03:28:34 PM »
Quote from: Zalc on August 16, 2016, 03:12:42 PM
Then you can keep it for a 3rd year and get 4 Credits before downgrading.
Still more lucrative to get 3 credits and pay one fee.
Logged

Offline GettingReady

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Dec 2015
  • Posts: 259
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #455 on: August 16, 2016, 03:31:03 PM »
Quote from: Moshe G on August 16, 2016, 03:23:42 PM
The AU issue towards 5/24 are with both Amex and chase. For chase your suggestion is is an easy fix though it wouldn't work for Amex i believe.

Nope, won't work. Like Tim said with Amex gotta go through CG.
Logged

Offline Moshe G

  • Dansdeals Gold Elite
  • ***
  • Join Date: Mar 2016
  • Posts: 234
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn NY
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #456 on: August 16, 2016, 03:33:56 PM »
Quote from: GettingReady on August 16, 2016, 03:31:03 PM
Nope, won't work. Like Tim said with Amex gotta go through CG.
CB?
Logged

Offline GettingReady

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Dec 2015
  • Posts: 259
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #457 on: August 16, 2016, 03:35:17 PM »
Quote from: Moshe G on August 16, 2016, 03:33:56 PM
CB?

Yes, sorry, typo. Maybe I need a big screen after all.
Logged

Offline emjee

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 1368
  • Total likes: 19
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #458 on: August 16, 2016, 03:40:23 PM »
Wow . A full three pages of repetitive info . All you guys that answered are REALLY nice
Logged

Offline GettingReady

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Dec 2015
  • Posts: 259
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase 5/24 Rule To Apply On Co-branded Cards?
« Reply #459 on: August 16, 2016, 03:54:29 PM »
Quote from: emjee on August 16, 2016, 03:40:23 PM
Wow . A full three pages of repetitive info . All you guys that answered are REALLY nice

Lol. Sometimes. Where's my hat tip?  ::)
Logged
Pages: 1 ... 17 18 19 20 21 22 [23] 24 25 26 27 28 29 ... 34   Go Up
« previous next »