topic LOL/24 Approvals??? in Credit Card Applications

LOL/24 Approvals???

Anonymous — Mon, 25 Jun 2018 03:55:29 GMT

so, I have seen LOL/24 posted a few times... curious what do people technically consider LOL/24 status? and which banks will open new credit cards to people of lol/24 status? thanks, Johnny

Re: LOL/24 Approvals???

Anonymous — Mon, 25 Jun 2018 04:06:47 GMT

Excellent question. I wondered also. Me, I'm omg/24?!? I can't believe a year ago I was 2/24... as of June 1st, I'm 8/24. Until January I didn't know of 5/24 & Chase. So glad GreenCK offers are back. Won't be 4/24 till omg??? so now, I garden.

Re: LOL/24 Approvals???

Caught750 — Mon, 25 Jun 2018 05:44:11 GMT

9/24 or something ridiculous, really 9/12. Recently approved by Chase (not a 5/24 card, though hoping for an offer in a few months) and Amex for 2. I was already in with Amex.

Re: LOL/24 Approvals???

Anonymous — Mon, 25 Jun 2018 10:23:53 GMT

I’m 14/24 😂

Chase Amazon and barclay Uber card both told me to kick rocks 🤷🏽‍♂️

Re: LOL/24 Approvals???

AverageJoesCredit — Mon, 25 Jun 2018 13:36:11 GMT

Lol, I think anything over 6/24 could be considered lol/24 but usually this refers to people who are way past the 5/24 threshold. Usually the LOLZERS, haha thanks to brian_earl_spilner for that word, who get approvals are those with really thick profiles or really good income

As to Chase , in honor of Jago I'll say LOLWUT and Never/24

Re: LOL/24 Approvals???

Anonymous — Mon, 25 Jun 2018 17:35:40 GMT

I am 25/24. Have been since April but have been applying for business cards of late and having my wife apply for cards. Other than certain Chase cards, Cap One Venture no one really seems to care. Really not a lot of cards personal cards that I want right now. I figure I can hit another 4 or 5 business cards before thinking personal again. They dont' add to your x/24 so that is a bonus. Not that it really matters all that much. Also business cards don't lessen your AAOA.

Re: LOL/24 Approvals???

Mahraja — Mon, 25 Jun 2018 18:58:32 GMT

and joe i am at only 43/24 now including the recent citizens mc dang

Re: LOL/24 Approvals???

AverageJoesCredit — Mon, 25 Jun 2018 20:25:16 GMT

Lol Raj, you aren't LOL/24 you are WTMF/24 and are cool as Annual Fee

Re: LOL/24 Approvals???

Anonymous — Tue, 26 Jun 2018 00:50:08 GMT

I'm 17/12.5 But based on my unsuccessful recon call with Chase last December, I'm in agreement with AJC--I think anything over 6/24 is LOL/24. She seemed personally insulted by my quick accumulation of cards. LOL. Shrug.

Re: LOL/24 Approvals???

Anonymous — Tue, 26 Jun 2018 05:18:55 GMT

Chase only cares about LOl/24 on certain cards. They don't care on the Hyatt or Marriott Business.

Re: LOL/24 Approvals???

Brian_Earl_Spilner — Tue, 26 Jun 2018 06:22:22 GMT

@AverageJoesCredit wrote:
Lol, I think anything over 6/24 could be considered lol/24 but usually this refers to people who are way past the 5/24 threshold. Usually the LOLZERS, haha thanks to brian_earl_spilner for that word, who get approvals are those with really thick profiles or really good income

As to Chase , in honor of Jago I'll say LOLWUT and Never/24

You rang?

Re: LOL/24 Approvals???

Anonymous — Tue, 26 Jun 2018 13:41:40 GMT

What is LOL/24 and 5/24, etc?

Re: LOL/24 Approvals???

QuakerOatmeal — Tue, 26 Jun 2018 14:19:55 GMT

It's tough, because when you start off with credit that may be a little rough around the edges, you're like a desperate swimmer stuck in choppy waters. You grab on to whatever is around you, hoping to help the situation. You may latch onto that credit one card, or that finger hut application, in the hopes that *someone* will approve you. Then you may eye that capital one pre approval for that quick silver one card, and then those shaky pre approvals start flooding your mailbox, and you keep testing your luck, Macys Card? Let me take that gamble... an Approval? YES! My credit must be improving, maybe I can get an AMEX now?!?! And then you keep going and going and next thing you know you're staring at 30 cards all with overlapping perks, and over 600 dollars in annual fees. But now chase won't let you step into their banking centers... until you realize that Disney Visa Premier isn't part of 5/24 and goodness gracious, you're going to DISNEY NOW CHASE IS GONNA LEARN TODAY, until you finally download that credit karma app and see just how many inquiries you have accumulated in 4 months.

This story is most definitely not based on a true story.

Re: LOL/24 Approvals???

Anonymous — Tue, 26 Jun 2018 20:14:34 GMT

So I guess I'm not the only one who got the Disney card for the sub... Now I'm kicking myself for not getting the ihg instead.... Live and learn...

Re: LOL/24 Approvals???

coldfusion — Wed, 27 Jun 2018 02:24:51 GMT

@Anonymous wrote:
What is LOL/24 and 5/24, etc?

5/24 means that you have successfully applied for 5 new CC in the last 24 months. It's also the threshold beyond which Chase will in most cases automatically deny applications without chance of successful recon for any of their own labeled CC as well as for many of their co-branded cards.

LOL/24 is a term commonly used by churners/bonus chasers to point out that they have received a lot more than 5 cards in the last 24 months. There's no real set figure for what 'LOL' translates to, but if on some sites one risks getting mocked or derided by the hard core churners for misusing the term if "LOL" isn't at the very minimum in the upper teens.

Re: LOL/24 Approvals???

Anonymous — Wed, 27 Jun 2018 02:29:12 GMT

I'm at 19/24 but will drop to 17/24 next month.

Re: LOL/24 Approvals???

Anonymous — Wed, 27 Jun 2018 07:16:37 GMT

I'm at 8/18.

0/24 isn't automatic if it means 0/Your life. I apped with them when I had no cards thinking my 8 years of banking would help. That was before I knew anything about credit.

Re: LOL/24 Approvals???

Anonymous — Sun, 05 Aug 2018 13:59:19 GMT

I’m at 22/24 which started July 20th of last year. Just got approved for the Chase Disney Visa and with that I’m in the garden for the next 24 months. 16 accounts open. 6 closed.

Re: LOL/24 Approvals???

arkane — Sun, 05 Aug 2018 19:20:25 GMT

@AverageJoesCredit wrote:
Lol Raj, you aren't LOL/24 you are WTMF/24 and are cool as Annual Fee

I think instead of LOL/24, we ought to use MF/24 instead.

Re: LOL/24 Approvals???

Anonymous — Sun, 05 Aug 2018 21:08:43 GMT

I'm 11/24 since November 2016. Not really sure this qualifies as a proper LOL/24, especially since Chase won't give me the time of day anyway for years to come yet because they were IIB.