Chase 5/24 is now 2/24??

[DoroLucky]

Rumor has it that Chase 5/24 is now 2/24. Is there any truth to this?? Please share your experience with this to save so many of us from a wasteful HP. 

If this is true, Chase is the wackest of them all smh 

[Anonymous]

Only one person has mentioned this so I don't think there is anything to it. We don't want to create unnecessary panic on the board.

It is very likely that the person had other issues in their credit report that caused Chase to be concerned. 

[zerbherb]

i can test that. I am at 3 outta five. 1 in 2015 2 in 2016. The only thing i legitimatelly need is a 1.5% card and the freedom unlimited plays that role well considering i have the king, i will wait till october though.

[Anonymous]

I havent heard that but that still isnt THAT bad. 5 accounts in 24 months is still a lot of accounts. 2 in 24 is still more than what your average consumer does. What a lot of people on these forums do isnt representative of the average person. If I was a lender, I would be very leery of granting credit to someone with multiple accounts opened in a relatively short time period. You have to think about it from the lenders perspective.

[lord_kinbote]

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@zerbherb wrote:

i can test that. I am at 3 outta five. 1 in 2015 2 in 2016. The only thing i legitimatelly need is a 1.5% card and the freedom unlimited plays that role well considering i have the king, i will wait till october though.

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OK, we will all sit here and wait patiently until October for you to test.  Seriously, why even mention "I can test that" and then in the next sentence say October.

[DoroLucky]

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@babson wrote:

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@zerbherb wrote:

i can test that. I am at 3 outta five. 1 in 2015 2 in 2016. The only thing i legitimatelly need is a 1.5% card and the freedom unlimited plays that role well considering i have the king, i will wait till october though.

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OK, we will all sit here and wait patiently until October for you to test.  Seriously, why even mention "I can test that" and then in the next sentence say October.

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I can always count on my myfico'ers fam for a good laugh

I was thinking the same thing...like come on October??? 

[longtimelurker]

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@DoroLucky wrote:

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@babson wrote:

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@zerbherb wrote:

i can test that. I am at 3 outta five. 1 in 2015 2 in 2016. The only thing i legitimatelly need is a 1.5% card and the freedom unlimited plays that role well considering i have the king, i will wait till october though.

---

OK, we will all sit here and wait patiently until October for you to test.  Seriously, why even mention "I can test that" and then in the next sentence say October.

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I can always count on my myfico'ers fam for a good laugh

I was thinking the same thing...like come on October??? 

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On the other hand, it was you that posted "Rumor has it" based on one case

[takeshi74]

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@Anonymous wrote:

Only one person has mentioned this so I don't think there is anything to it.

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Right.  One data point doesn't even define a line, much less a trend.

[DoroLucky]

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@longtimelurker wrote:

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@DoroLucky wrote:

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@babson wrote:

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@zerbherb wrote:

i can test that. I am at 3 outta five. 1 in 2015 2 in 2016. The only thing i legitimatelly need is a 1.5% card and the freedom unlimited plays that role well considering i have the king, i will wait till october though.

---

OK, we will all sit here and wait patiently until October for you to test.  Seriously, why even mention "I can test that" and then in the next sentence say October.

---

I can always count on my myfico'ers fam for a good laugh

I was thinking the same thing...like come on October??? 

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On the other hand, it was you that posted "Rumor has it" based on one case

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YES it was me, so???? Anyway I thought I saw 2 different posters but I could be wrong. I'm going to call Chase myself. 

[CreditMagic7]

Whether it's 2, 4, 6, or 8 one can always simply pay a visit to their local Chase Branch and go that route to see if there is a card offer available and possibly maybe see that rule bypassed for them