topic Re: Max Number of Chase Cards in Credit Cards

Max Number of Chase Cards

Anonymous — Fri, 01 Feb 2019 15:40:43 GMT

Can I have more than 5 Chase Personal cards if I wait more than 24 months?

Thanks

Its friday, Eat Some PIZZA!

Re: Max Number of Chase Cards

simplynoir — Fri, 01 Feb 2019 16:24:34 GMT

Chase doesn't limit number of cards but they do limit exposure. In any case unless you actually plan to use that many Chase cards I wouldn't recommend it. Don't give them any excuse to scrutinize your accounts with how twitchy they've been lately.

Re: Max Number of Chase Cards

coldfusion — Fri, 01 Feb 2019 20:48:56 GMT

@simplynoir wrote:
Chase doesn't limit number of cards but they do limit exposure. In any case unless you actually plan to use that many Chase cards I wouldn't recommend it. Don't give them any excuse to scrutinize your accounts with how twitchy they've been lately.

This.

It's not unheard of to hold more than 5 Chase cards simultaneously, but the most successful cardholders tend to have a roadmap choreographed and executed which includes planned spacing-out of applications and user-initiated credit line decreases to tightly manage total exposure.

Re: Max Number of Chase Cards

jamesdwi — Fri, 01 Feb 2019 20:52:55 GMT

Until recently I had 8 Chase credit cards, not including AU cards, last month Chase closed one of them for non-use. Now down to 7.

Don't think they have a limit, if you have the income and credit score to deserve them. They do limit you to less than 50% of your annual income in total credit limits across your chase credit cards.

Re: Max Number of Chase Cards

Anonymous — Fri, 01 Feb 2019 20:58:43 GMT

I am a little over the 50% mark. Recent southwest card I think pushed them to the max.

I want to PC to the Ritz Carlton card eventually.

I have a legitimate business and want to get the business marriott card before it goes away.

Re: Max Number of Chase Cards

Anonymous — Fri, 01 Feb 2019 21:55:42 GMT

@jamesdwi wrote:
Until recently I had 8 Chase credit cards, not including AU cards, last month Chase closed one of them for non-use. Now down to 7.

Don't think they have a limit, if you have the income and credit score to deserve them. They do limit you to less than 50% of your annual income in total credit limits across your chase credit cards.

Does the closed card have annual fee? I wonder if Chase will close non-use cards with annual fee. I don't use my IHG card regularly.

Re: Max Number of Chase Cards

Anonymous — Fri, 01 Feb 2019 22:14:59 GMT

@Anonymous wrote:
@jamesdwi wrote:
Until recently I had 8 Chase credit cards, not including AU cards, last month Chase closed one of them for non-use. Now down to 7.

Don't think they have a limit, if you have the income and credit score to deserve them. They do limit you to less than 50% of your annual income in total credit limits across your chase credit cards.

Does the closed card have annual fee? I wonder if Chase will close non-use cards with annual fee. I don't use my IHG card regularly.

I think it is ideal to use a card every 3-6 months. It's easy to automate it. Automatic top up Amazon balance > card on autopay.

Better safe than sorry

Re: Max Number of Chase Cards

Merlin3482 — Fri, 01 Feb 2019 22:41:16 GMT

Chase has no rule against more than 5 cards.

Re: Max Number of Chase Cards

jamesdwi — Sat, 02 Feb 2019 01:05:59 GMT

@Anonymous wrote:
@jamesdwi wrote:
Until recently I had 8 Chase credit cards, not including AU cards, last month Chase closed one of them for non-use. Now down to 7.

Don't think they have a limit, if you have the income and credit score to deserve them. They do limit you to less than 50% of your annual income in total credit limits across your chase credit cards.

Does the closed card have annual fee? I wonder if Chase will close non-use cards with annual fee. I don't use my IHG card regularly.

not likely, they know they will see activity on the card at least once a year, when you pay the fee.

The card of mine that they closed was a Chase Freedom, it started life out several years ago as an Amtrak card converted to Freedom a few years back, don't think i used it even once in the last 4 years. They sent me an email about 2-3 months before it was closed, I moved $4000 of its credit limit to my CSR card and let it close, haven't been bothered to keep track of the 5% category in a while.