Reply
Established Contributor
adavis425
Posts: 517
Registered: ‎02-14-2012
0

Gotta go it alone at Chase...

They've stopped opening joint credit card accouts, but AU's are still allowed.

 

http://finance.yahoo.com/news/chase-stops-offering-joint-credit-170051614.html

AmEx Platinum | AmEx BCP | AmEx Delta Gold | CSP | Chase Freedom | NFCU cashRewards Visa Sig | NFCU Plat MC | WM Discover | Discover it | JCP


Frequent Contributor
GaTech
Posts: 374
Registered: ‎02-10-2013
0

Re: Gotta go it alone at Chase...

Why would they do this?
As of 1/10/2014 EX FICO - 748. EQ FICO - 728. Trans FICO - 755

WellsFargo - $3,000 AMEX BCE - $18,000 Chase Freedom - $4,000



Senior Contributor
Wanderer
Posts: 4,290
Registered: ‎10-03-2008
0

Re: Gotta go it alone at Chase...

Federal Card act wants every applicant to stand on their own income. Joint makes it hard to prove CL based on mulltiple incomes. Note, some card issuers still do "joint" so you may want to seek them out.
Senior Contributor
drkaje
Posts: 3,492
Registered: ‎07-25-2008
0

Re: Gotta go it alone at Chase...


GaTech wrote:
Why would they do this?

To limit risk.

 


Starting Score: 675
Current Score: EX 753 FICO, EQ 737FICO, TU 738
Goal Score: 776 FICO


Take the FICO Fitness Challenge
New Contributor
Cprman
Posts: 62
Registered: ‎05-04-2008
0

Re: Gotta go it alone at Chase...

Just tried to do joint account with capitol one yesterday, they won't do them anymore as well.

5/5/08 EQ 696
9/13 EQ 796 Thanks myfico!
Amex Blue Cash 15K, PenFed Cash Rewards 18K, Macy's 1K, Chase Freedom 6K, Cap1 Quicksilver Visa 15K

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+