topic Chase Amazon Visa affected by 5/24? in Credit Cards

Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 18:08:31 GMT

Title explains it all. Is the Chase Amazon card included in their 5/24 rule?

Re: Chase Amazon Visa affected by 5/24?

jacetx — Wed, 23 Mar 2016 18:10:34 GMT

@Anonymous wrote:
Title explains it all. Is the Chase Amazon card included in their 5/24 rule?

5/24 does not affect cobranded cards (at least not yet). Only Freedom, FU, Slate, and CSP are.

Re: Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 18:32:38 GMT

@jace8602 wrote:
@Anonymous wrote:
Title explains it all. Is the Chase Amazon card included in their 5/24 rule?
5/24 does not affect cobranded cards (at least not yet). Only Freedom, FU, Slate, and CSP are.

That's true ...for now. There is information from bloggers with connections to Chase that this will change to include cobranded cards soon, so if you're interested in the card, I would apply before too long.

Re: Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 18:58:19 GMT

@jace8602 wrote:
@Anonymous wrote:
Title explains it all. Is the Chase Amazon card included in their 5/24 rule?
5/24 does not affect cobranded cards (at least not yet). Only Freedom, FU, Slate, and CSP are.

We have to come up with a better abbreviation than the FU card

Re: Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 19:21:16 GMT

what kind of scores are needed for this card?

Re: Chase Amazon Visa affected by 5/24?

jacetx — Wed, 23 Mar 2016 19:50:54 GMT

@Anonymous wrote:
what kind of scores are needed for this card?

You can search on Credit Pulls Database but as I always tell everyone, it is not just about scores. Lenders take into consideration income, number of inquiries, AAoA, etc. Whenever I was approved my EX was 740.

Re: Chase Amazon Visa affected by 5/24?

jacetx — Wed, 23 Mar 2016 19:51:33 GMT

@Anonymous wrote:
@jace8602 wrote:
@Anonymous wrote:
Title explains it all. Is the Chase Amazon card included in their 5/24 rule?
5/24 does not affect cobranded cards (at least not yet). Only Freedom, FU, Slate, and CSP are.
We have to come up with a better abbreviation than the FU card

Lol, you are right

Re: Chase Amazon Visa affected by 5/24?

Kutuzov — Wed, 23 Mar 2016 20:02:33 GMT

What is 5/24 rule?

Re: Chase Amazon Visa affected by 5/24?

someg33k — Wed, 23 Mar 2016 20:03:04 GMT

@Anonymous wrote:
@jace8602 wrote:
@Anonymous wrote:
Title explains it all. Is the Chase Amazon card included in their 5/24 rule?
5/24 does not affect cobranded cards (at least not yet). Only Freedom, FU, Slate, and CSP are.
We have to come up with a better abbreviation than the FU card

LOL I think it's perfect as is

Re: Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 20:03:43 GMT

@Kutuzov wrote:
What is 5/24 rule?

Chase wont approve new accounts for their cards if youve opened 5 accounts within the past 24 months

Re: Chase Amazon Visa affected by 5/24?

Kutuzov — Wed, 23 Mar 2016 20:05:28 GMT

10/4!! I have opened 0 accounts with them in the past 41 years so I think I'm safe here ...

Re: Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 20:08:44 GMT

@Kutuzov wrote:
10/4!! I have opened 0 accounts with them in the past 41 years so I think I'm safe here ...

It's not accounts with Chase, ANY credit card account counts towards the 5/24

Re: Chase Amazon Visa affected by 5/24?

Anonymous — Wed, 23 Mar 2016 20:08:50 GMT

@Kutuzov wrote:
10/4!! I have opened 0 accounts with them in the past 41 years so I think I'm safe here ...

not just them..... any new accounts at all from any lender.

Re: Chase Amazon Visa affected by 5/24?

Kutuzov — Wed, 23 Mar 2016 20:12:25 GMT

Ahhhhhhh .... I have opened 3 accounts in the past 2 years and 1 of them is almost 2 years old. Is just cc or other types of credit count? Like auto loans etc.?

Re: Chase Amazon Visa affected by 5/24?

jacetx — Wed, 23 Mar 2016 20:14:15 GMT

@Kutuzov wrote:
Ahhhhhhh .... I have opened 3 accounts in the past 2 years and 1 of them is almost 2 years old. Is just cc or other types of credit count? Like auto loans etc.?

Just credit cards (including store cards)

Re: Chase Amazon Visa affected by 5/24?

UncleB — Wed, 23 Mar 2016 20:18:20 GMT

Just to re-state, the 5/24 rule only applies to the Chase CSP, Freedom (traditional and Unlimited), and Slate.

So far (at least as of now) it is not impacting applications for any of the co-brand cards, such as the Amazon Visa card.

Re: Chase Amazon Visa affected by 5/24?

BeeH11 — Wed, 23 Mar 2016 23:47:02 GMT

I read in multiple places online that the 5/24 will apply to co-branding in April (Ibelieve along w/ the business cards too, but obviously you have to be careful about what you read online).

Re: Chase Amazon Visa affected by 5/24?

UncleB — Thu, 24 Mar 2016 00:14:44 GMT

@BeeH11 wrote:
I read in multiple places online that the 5/24 will apply to co-branding in April (Ibelieve along w/ the business cards too, but obviously you have to be careful about what you read online).

I agree; I've read that in multiple places as well, but we don't know for sure. Also, after a little while the various online sites start to cite each other as sources, so it can be hard to tell the facts from the 'echo-chamber'.

That's also why I included "at least as of now" in my statement above... things are constantly changing.