Author Topic: Chase 5/24 rule  (Read 30627 times)

Offline ruv

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Offline ruv

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Re: Chase 5/24 rule
« Reply #41 on: August 15, 2018, 05:31:45 PM »
DP: Iím at 4/24, but have a store card (amazon prime card).

I applied for CIP in-branch and got instant approval. Then applied for CIU on my computer and got AUTOMATIC approval after 2 days. I thought Iíll have to call and explain that 1 Card is a store card but that wasnít the case. Is this new?

Offline S123

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Re: Chase 5/24 rule
« Reply #42 on: August 15, 2018, 05:42:59 PM »
DP: Iím at 4/24, but have a store card (amazon prime card).

I applied for CIP in-branch and got instant approval. Then applied for CIU on my computer and got AUTOMATIC approval after 2 days. I thought Iíll have to call and explain that 1 Card is a store card but that wasnít the case. Is this new?
business cards donít add to 5/24

Offline ruv

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Re: Chase 5/24 rule
« Reply #43 on: August 15, 2018, 05:44:15 PM »
Read again. The store card is the 5th, so I was at 5/24 before first app.

Offline davidrotts63

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Re: Chase 5/24 rule
« Reply #44 on: August 15, 2018, 07:14:04 PM »
DP: Iím at 4/24, but have a store card (amazon prime card).

I applied for CIP in-branch and got instant approval. Then applied for CIU on my computer and got AUTOMATIC approval after 2 days. I thought Iíll have to call and explain that 1 Card is a store card but that wasnít the case. Is this new?
Recount your cards.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline S123

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Re: Chase 5/24 rule
« Reply #45 on: August 15, 2018, 07:16:31 PM »

Offline ruv

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Re: Chase 5/24 rule
« Reply #46 on: August 15, 2018, 07:27:40 PM »
Done.

Personal cards that I opened in the last 2 years:
(1) United explorer -  08/2017
(2) Delta gold - 08/2017
(3) Capital one platinum - 10/2017
(4) barclays apple - 01/2018
(5) Amazon prime store card - 05/2017

Offline JACKBLUE

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Re: Chase 5/24 rule
« Reply #47 on: August 15, 2018, 07:30:26 PM »
Done.

Personal cards that I opened in the last 2 years:
(1) United explorer -  08/2017
(2) Delta gold - 08/2017
(3) Capital one platinum - 10/2017
(4) barclays apple - 01/2018
(5) Amazon prime store card - 05/2017
Barclays apple is a CC or a loan?

Offline ruv

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Re: Chase 5/24 rule
« Reply #48 on: August 15, 2018, 07:35:52 PM »
Great question. Applied when I purchased something on apple and wanted to finance it, but the card is a credit card (0 intro APR for apple) and works everywhere and has a credit limit.

Offline davidrotts63

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Re: Chase 5/24 rule
« Reply #49 on: August 15, 2018, 07:44:29 PM »
Great question. Applied when I purchased something on apple and wanted to finance it, but the card is a credit card (0 intro APR for apple) and works everywhere and has a credit limit.
Look at your credit report. Are any if them business cards?
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline ruv

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Re: Chase 5/24 rule
« Reply #50 on: August 15, 2018, 07:45:42 PM »
Nope, theyíre all listed on my credit report.

Offline ruv

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Re: Chase 5/24 rule
« Reply #51 on: August 15, 2018, 08:28:59 PM »
Maybe itís this one: The first app was at BRM which is known to bypass 5/24, (though it wasnít a paper app). Second was from a mailer I got with a code.

Offline yitzgar

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Re: Chase 5/24 rule
« Reply #52 on: August 15, 2018, 09:31:30 PM »
Recount your cards.
Is it so shocking that an app slipped through?

Offline JACKBLUE

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Re: Chase 5/24 rule
« Reply #53 on: August 15, 2018, 11:32:06 PM »
Is it so shocking that an app slipped through?
Yes Very

Offline EandN

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Re: Chase 5/24 rule
« Reply #54 on: October 14, 2018, 02:25:42 AM »
If I downgrade my sapphire preferrred to a freedom unlimited, will that count as a new card for 5/24? Thanks

Offline Yhgfkj

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Re: Chase 5/24 rule
« Reply #55 on: October 14, 2018, 03:05:31 AM »
If I downgrade my sapphire preferrred to a freedom unlimited, will that count as a new card for 5/24? Thanks
no

Offline Yammer

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Re: Chase 5/24 rule
« Reply #56 on: October 14, 2018, 04:49:48 AM »


If I downgrade my sapphire preferrred to a freedom unlimited, will that count as a new card for 5/24? Thanks

First page on this thread.

If you downgrading a card, for example sapphire preferred to freedom, does the freedom count as 1 of 5 for 5/24?



no


Offline EandN

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Re: Chase 5/24 rule
« Reply #57 on: October 14, 2018, 07:40:35 PM »
thanks

Offline Dzla2

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Re: Chase 5/24 rule
« Reply #58 on: October 15, 2018, 02:12:48 PM »
If anyone can help I would really appreciate it.

I applied for a Sapphire Preferred and World of Hyatt card within the same hour. I did a second application for the World of Hyatt card, after getting aproved, because I forgot to do it from a separate browser than the one I had signed up for Preferred on.
I was told to do the applications for both cards from separate browsers to increase my chances of the account not getting shut down.
I received the Preferred in the mail but without any notice the Hyatt card was closed on me.
I called the regular Chase number and they were no help
so I called the Reconsideration line and they told me that there was a second application for the same card (which is what i had done for the hyatt card) and for that and other reasons the account was closed and couldnt be reopened. I then explained that if my credit score is unworthy fro these cards why let me keep the Preferred? I am clearly in good enough credit standing for the cards it was just a mistaken second application, but they said they werent going to do anything.

A few days later I tried calling some executive line and explained the whole thing over to them and they told me they were going to look into it.

Does anyone have any advice?

Offline ruv

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Re: Chase 5/24 rule
« Reply #59 on: October 15, 2018, 02:44:19 PM »
First of all, The 2 browser idea to prevent shutdown is BS AFAIK.

Second, wrong thread.

Third, what made you think that another app for an approved card will prevent shutdown? Now, in fact you increased your shutdown chances, and not only for the hyatt card.

Forth, I would advise you to move on in order to prevent further shutdowns, and if you do not follow my advice, please at least try to prevent it by not talking so much and asking why your other card wasn't shutdown, do you really want to make them think that you may be right with this?