topic CHASE 5/24 Velocity Question in Credit Card Applications

CHASE 5/24 Velocity Question

Wavester64 — Tue, 27 Feb 2024 23:19:44 GMT

I thought I had an answer to this in my notes, but I can't find it and I can't seem to find it perusing the forums.

So question is this:

Earlier this month I fell to 4/24. However I am waiting for the 25th month to pass to app for a CHASE card (CHASE FF). So lets say I app for the CHASE FF and I am approved, knocking me back up to 5/24. Per my notes, later next month (Mid March) another new account comes off my report, thus knocking me down to 4/24 again. If I wanted another CHASE card (waiting again to say April (25th month), would that be too soon to app again, or would it be wise to wait?

Knowing me, I probably wont app the 2nd time - nothing I really need since I have it covered with other cards. But I was just curious about the velocity. I forget if CHASE has the 30-day rule or not.

Re: CHASE 5/24 Velocity Question

JoeRockhead — Tue, 27 Feb 2024 23:47:34 GMT

They'll approve up to two cards within a 30 day window... as long as your 5/24 is good and your credit is up to it... you're good

Re: CHASE 5/24 Velocity Question

Brian_Earl_Spilner — Wed, 28 Feb 2024 00:51:01 GMT

What ☝️ said

Re: CHASE 5/24 Velocity Question

Meanmchine — Wed, 28 Feb 2024 13:27:35 GMT

Good luck

Re: CHASE 5/24 Velocity Question

SouthJamaica — Wed, 28 Feb 2024 21:26:01 GMT

@Wavester64 wrote:
I thought I had an answer to this in my notes, but I can't find it and I can't seem to find it perusing the forums.

So question is this:

Earlier this month I fell to 4/24. However I am waiting for the 25th month to pass to app for a CHASE card (CHASE FF). So lets say I app for the CHASE FF and I am approved, knocking me back up to 5/24. Per my notes, later next month (Mid March) another new account comes off my report, thus knocking me down to 4/24 again. If I wanted another CHASE card (waiting again to say April (25th month), would that be too soon to app again, or would it be wise to wait?

Knowing me, I probably wont app the 2nd time - nothing I really need since I have it covered with other cards. But I was just curious about the velocity. I forget if CHASE has the 30-day rule or not.

I wouldn't push it.

Re: CHASE 5/24 Velocity Question

keluric — Thu, 29 Feb 2024 22:14:35 GMT

You can do it at 4/24 within 30 days, but I'd wait it out to avoid unnecessarily burning an inquiry.