Author Topic: Chase 5/24 rule  (Read 30629 times)

Offline Jack345

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Re: Chase 5/24 rule
« Reply #120 on: January 10, 2022, 11:17:38 AM »
Does a chase business mailer invite bypass 5/24 these days?

Offline tov hashem

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Re: Chase 5/24 rule
« Reply #121 on: January 23, 2022, 09:54:18 AM »
My last application for 5/24 was Jan 21 2020. Am I safe to apply today Jan 23 2022 or should I wait for the end of January?

Offline solls108

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Re: Chase 5/24 rule
« Reply #122 on: March 21, 2022, 12:13:34 PM »
I tried signing up the Chase United Card last week but they said I was denied bc of 5/24.

I did not open up 5 cards in the last year.

Is there a way to see the what the last 5 cards were opened and what dates were?

Offline CountValentine

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Re: Chase 5/24 rule
« Reply #123 on: March 21, 2022, 12:18:28 PM »
Is there a way to see the what the last 5 cards were opened and what dates were?
You can check on Credit Karma.
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Offline CountValentine

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Re: Chase 5/24 rule
« Reply #124 on: March 21, 2022, 12:19:31 PM »
My last application for 5/24 was Jan 21 2020. Am I safe to apply today Jan 23 2022 or should I wait for the end of January?
What did you do and what was the result?
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Offline tov hashem

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Re: Chase 5/24 rule
« Reply #125 on: March 21, 2022, 01:42:56 PM »
What did you do and what was the result?
applied and got approved for 2 business cards

Offline CountValentine

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Re: Chase 5/24 rule
« Reply #126 on: March 21, 2022, 01:53:25 PM »
applied and got approved for 2 business cards
Nice!
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Offline solls108

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Re: Chase 5/24 rule
« Reply #127 on: March 22, 2022, 02:44:33 PM »
You can check on Credit Karma.
Where would it show it to me on credit karma? Cant find where to look

Offline CountValentine

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Re: Chase 5/24 rule
« Reply #128 on: March 22, 2022, 03:22:45 PM »
Where would it show it to me on credit karma? Cant find where to look
The link is now dead. You can use the Ex app.
https://frequentmiler.com/3-easy-ways-count-5-24-status/
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Offline davidd75

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Re: Chase 5/24 rule
« Reply #129 on: March 27, 2022, 11:35:19 PM »
Does a chase business mailer invite bypass 5/24 these days?


It appears that targeted mail offers may bypass 5/25.  DW was approved for Freedom Flex despite being way over 5/24!

Offline davidd75

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Re: Chase 5/24 rule
« Reply #130 on: March 29, 2022, 01:11:12 PM »
anybody else bypassing 5/24 with targeted offers even on straight chase cards like freedom?

Offline binyaminb

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Re: Chase 5/24 rule
« Reply #131 on: March 31, 2022, 03:59:36 PM »
Hi everyone,

I applied for a Ink Business Unlimited® credit card today but was declined because of the 5/24 rule. I have an excellent credit and there was no other reasons.

It was frustrating because the banking private manager did not warn me that I would be subject to the rule. I was applying for a new investment business that I started in August and I invested a lot of money into JP Morgan. I called the review team and asked them how do they expect people to start businesses when they decline business credit cards? He said there was nothing he could do.

Any advice how to overturn this decision from the seasoned DD forums users or from Dan if possible?

Thank you.

Offline davidd75

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Re: Chase 5/24 rule
« Reply #132 on: March 31, 2022, 04:25:53 PM »
what are the details of the 5/24 are you close to being under? did they count your authorized user accounts?

Online Joel

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Re: Chase 5/24 rule
« Reply #133 on: March 31, 2022, 04:31:54 PM »
Hi everyone,

I applied for a Ink Business Unlimited® credit card today but was declined because of the 5/24 rule. I have an excellent credit and there was no other reasons.

It was frustrating because the banking private manager did not warn me that I would be subject to the rule. I was applying for a new investment business that I started in August and I invested a lot of money into JP Morgan. I called the review team and asked them how do they expect people to start businesses when they decline business credit cards? He said there was nothing he could do.

Any advice how to overturn this decision from the seasoned DD forums users or from Dan if possible?

Thank you.
Get a Amex for your business you might need to extra credit line anyway

Offline binyaminb

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Re: Chase 5/24 rule
« Reply #134 on: March 31, 2022, 04:53:37 PM »
what are the details of the 5/24 are you close to being under? did they count your authorized user accounts?

I recently came to the USA so I wanted to build my credit. Within the past 2 years I got Amazon, Ebay, Best Buy Tk Maxx credit cards. I also got paypal credit account. I also got Amazon, Home Depot and Kohl Store cards. I also got 1 or 2 authorized user account from my wife credit cards.

If the store cards are considered as 5/24 and Chase will not compromise on the 5/24 then it might not work.

I got the business platinum american express, thanks to postings on DD. But I also need a business visa, Amex isn't accepted everywhere!

Thank you.

Offline davidd75

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Re: Chase 5/24 rule
« Reply #135 on: March 31, 2022, 05:52:39 PM »
I recently came to the USA so I wanted to build my credit. Within the past 2 years I got Amazon, Ebay, Best Buy Tk Maxx credit cards. I also got paypal credit account. I also got Amazon, Home Depot and Kohl Store cards. I also got 1 or 2 authorized user account from my wife credit cards.

If the store cards are considered as 5/24 and Chase will not compromise on the 5/24 then it might not work.

I got the business platinum american express, thanks to postings on DD. But I also need a business visa, Amex isn't accepted everywhere!

Thank you.

https://www.mypointslife.com/2020/04/methods-to-bypass-chase-524-rule.html

Offline davidd75

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Re: Chase 5/24 rule
« Reply #136 on: March 31, 2022, 05:54:37 PM »
I recently came to the USA so I wanted to build my credit. Within the past 2 years I got Amazon, Ebay, Best Buy Tk Maxx credit cards. I also got paypal credit account. I also got Amazon, Home Depot and Kohl Store cards. I also got 1 or 2 authorized user account from my wife credit cards.

If the store cards are considered as 5/24 and Chase will not compromise on the 5/24 then it might not work.

I got the business platinum american express, thanks to postings on DD. But I also need a business visa, Amex isn't accepted everywhere!

Thank you.

You can call the reconsideration line and tell them that you are an authorized user on some of them. 
Store cards that are NOT credit cards should not count .


Offline binyaminb

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Re: Chase 5/24 rule
« Reply #137 on: March 31, 2022, 06:10:21 PM »
Thank you David. I will try your ideas.

Offline Iz

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Re: Chase 5/24 rule
« Reply #138 on: May 19, 2022, 08:31:28 PM »
If I am declined due to 5/24, will there be a credit pull?

Offline ari3

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Re: Chase 5/24 rule
« Reply #139 on: May 19, 2022, 09:18:58 PM »
If I am declined due to 5/24, will there be a credit pull?
I got declined last month due to 5/24 and had a credit pull