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Established Contributor
Posts: 553
Registered: ‎02-14-2012
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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

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Frequent Contributor
Posts: 374
Registered: ‎02-10-2013
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Re: Gotta go it alone at Chase...

Why would they do this?
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Super Contributor
Posts: 7,288
Registered: ‎10-03-2008
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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.

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Senior Contributor
Posts: 3,491
Registered: ‎07-25-2008
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Re: Gotta go it alone at Chase...


GaTech wrote:
Why would they do this?

To limit risk.

 


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New Contributor
Posts: 62
Registered: ‎05-04-2008
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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.

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