topic Re: Chase Amazon Visa & 5/24? Data Points in Credit Cards

Chase Amazon Visa & 5/24? Data Points

FinStar — Tue, 30 Nov 2021 00:07:17 GMT

I went ahead and decided to create a separate thread merely as curiosity to see what other folks have experienced regarding some recent Chase Amazon Visa approvals bypassing 5/24.

Although, it is way too premature to consider whether the 5/24 restriction has been somewhat relaxed (or removed altogether) for this particular card, but a recent number of approvals and discussions appear to indicate that some profiles have been able to circumvent the 5/24 restriction. These appear to be cold applications vs the pre-qualification available through the Amazon site. Thus far, DPs have shown the pre-qualification can still bypass 5/24.

This thread is merely a compilation of DPs to determine whether this is something temporary (perhaps a glitch) since we know Chase has had this happen in the past with green/black star offers. Or, perhaps something that could change in the future.

This particular topic isn't about conspiracy theories or rumors about the fate of the Chase Amazon Visa CC portfolio (which is still unknown + there's a separate thread for that discussion), but rather compiling DPs around scenarios that may be indicative that the 5/24 restriction can be overcome in the absence of a pre-qualification offer via the Amazon website.

The thread below was introduced earlier this year about pre-qualification offers via Amazon:

https://ficoforums.myfico.com/t5/Credit-Card-Applications/Amazon-Prime-Visa-Chase-Pre-Qualify/m-p/6312682

The thread below highlights some issues with the above tool:

https://ficoforums.myfico.com/t5/Credit-Card-Applications/Amazon-Prime-Pre-Qual-link-problem/m-p/6425624#M300889

The thread(s) below are recent approvals which bypassed 5/24 (no pre-qualification):

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Approvals-for-Chase-Amazon-Prime-Rewards-even-being-over-5-24/td-p/6447609

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Amazon-Visa-7-24/td-p/6448437

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Amazon-Visa-approved-while-7-24-WOW/td-p/6448724

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Applied-for-Chase-Amazon-for-science/td-p/6448876

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Chase-Amazon-Prime-Visa-approval-6-24-Instant-Approval/td-p/6448982

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Chase-Amazon-Card-Approval-with-7-24-DP/td-p/6449395

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Couldn-t-resist-the-Jungle-s-200-offer/td-p/6450088

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Another-7-24-Chase-Amazon-Approval-Instant/td-p/6450407

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Chase-Amazon-Prime-Approval-6-24/m-p/6450501

For any DPs where declined applications are still citing 5/24 as a reason, please post them here as well (such as the one(s) below):

https://ficoforums.myfico.com/t5/Credit-Card-Applications/Amazon-Chase-lol-24-Rejection/td-p/6448445

https://ficoforums.myfico.com/t5/Credit-Card-Applications/Amazon-Chase-lol-24-Rejection/m-p/6450373#M302784

Re: Chase Amazon Visa & 5/24? Data Points

CreditAggie — Fri, 26 Nov 2021 02:45:34 GMT

While my DPs do not directly involve an approval over 5/24, they might have some merit to this thread. In September, I tried the prequalification tool at 5/24, and was not prequalified. I tried it again in October at 4/24, and was prequalified. I followed through with the app and was instantly approved. In my case, it looked like 5/24 may have been a factor in the prequalification process.

Re: Chase Amazon Visa & 5/24? Data Points

Anonymous — Fri, 26 Nov 2021 02:45:06 GMT

glad I was able to give some info at least. I suspect they are more lenient with 5/24 to 7/24 than for lol/24.

Re: Chase Amazon Visa & 5/24? Data Points

UncleB — Fri, 26 Nov 2021 03:52:24 GMT

Awesome thread, @FinStar!

It was about time for Chase to shake things up, but I admit I never saw this one coming!

Re: Chase Amazon Visa & 5/24? Data Points

ThriftySaver — Fri, 26 Nov 2021 07:56:42 GMT

i think if you are slightly over 5/24 you will be approved but if you are way over 5/24 you won't. it seems to be that way based on dp

Re: Chase Amazon Visa & 5/24? Data Points

PointsBonus — Fri, 26 Nov 2021 15:17:09 GMT

@FinStar If official - 5/24 decline.

And they did a DOUBLE PULL

Exp yesterday

Eqx this morning attached to this letter

Re: Chase Amazon Visa & 5/24? Data Points

collics — Fri, 26 Nov 2021 15:53:48 GMT

@PointsBonus wrote:
@FinStar If official - 5/24 decline.
And they did a DOUBLE PULL
Exp yesterday
Eqx this morning attached to this letter

What's your x/24 status?

Re: Chase Amazon Visa & 5/24? Data Points

CreditCuriosity — Fri, 26 Nov 2021 16:38:35 GMT

Read alot of DP's recently on other sites and certainly appears 5/24 doesn't apply to Amazon and SW.and possibly united card? Tons of approvals I have seen on amazon cards well over 5/24. Be interesting to grab our DP's from this site as well.

Re: Chase Amazon Visa & 5/24? Data Points

Anonymous — Fri, 26 Nov 2021 16:45:34 GMT

im currently 6/24 and i did the prequalify link and it said unable to approve me at this time. I didnt want to cold app and burn 2 inquiries. I wanted the 200 amazon gift card sub to pay for my airpods 3 and then close after 2 years and move the limit to my cff.

Re: Chase Amazon Visa & 5/24? Data Points

Yasselife — Fri, 26 Nov 2021 17:16:03 GMT

@Anonymous

I like your strategy.

Re: Chase Amazon Visa & 5/24? Data Points

MrT_521 — Fri, 26 Nov 2021 20:50:11 GMT

@CreditCuriosity wrote:
Read alot of DP's recently on other sites and certainly appears 5/24 doesn't apply to Amazon and SW.and possibly united card? Tons of approvals I have seen on amazon cards well over 5/24. Be interesting to grab our DP's from this site as well.

Reddit subs r/churning and r/CreditCards have some DPs about this. Most of the 5/24 approvals seem to be for the Amazon card, but a few DPs exist for Southwest, United, Hyatt, and IHG cards as well. So far, every single approval I've seen has been for a cobranded card. There are some denials too.

Re: Chase Amazon Visa & 5/24? Data Points

crystal626 — Fri, 26 Nov 2021 21:17:07 GMT

I get this card last week. I was 7/24 and approved for 5K but it shows 7500 on the Chase page. I saw the $200 gift card and decided to tryit.

The pre-qualified kept saying Experian was frozen but I never frozen reports??

They just did one pull from the Experian. Score around 770. Income $25K.

Re: Chase Amazon Visa & 5/24? Data Points

wingennis — Fri, 26 Nov 2021 23:41:22 GMT

Approved today just for the data point. I was 8/24 now 9/24. I have no other Chase cards.

Re: Chase Amazon Visa & 5/24? Data Points

FinStar — Sat, 27 Nov 2021 00:10:19 GMT

@wingennis wrote:
Approved today just for the data point. I was 8/24 now 9/24. I have no other Chase cards.

Thanks for the DPs @wingennis and @crystal626 -- for the purpose of capturing some DPs on here, can you provide or list the 7 or 8 accounts (with their age -- month/year obtained).

Wingennis - was your application submitted via the pre-qualification tool or a cold app?

Re: Chase Amazon Visa & 5/24? Data Points

Remedios — Sat, 27 Nov 2021 00:28:31 GMT

@Doodlebug30 has an approval thread

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Big-chase-amazon-approval/m-p/6448634#M786374

Re: Chase Amazon Visa & 5/24? Data Points

wingennis — Sat, 27 Nov 2021 00:39:02 GMT

@FinStar wrote:
@wingennis wrote:
Approved today just for the data point. I was 8/24 now 9/24. I have no other Chase cards.
Thanks for the DPs @wingennis and @crystal626 -- for the purpose of capturing some DPs on here, can you provide or list the 7 or 8 accounts (with their age -- month/year obtained).

Wingennis - was your application submitted via the pre-qualification tool or a cold app?

Cold app while I was on Amazon. I opened BCP, Doublecash, PenFed Gold, Alaska Airlines, Evergreen, Custom Cash, Aspiration Zero, Venture X, Amazon since February 2020.

Re: Chase Amazon Visa & 5/24? Data Points

Beast26 — Sat, 27 Nov 2021 01:17:48 GMT

I'm 5/24 and I pre-qualified through the link. Scared to pull trigger though. 1 card in last 6 months.

Re: Chase Amazon Visa & 5/24? Data Points

ChargedUp — Sat, 27 Nov 2021 01:26:49 GMT

I cold app'ed for mine after the pre-qual constantly stating that I had EX frozen. (I had defrosted EX & TU as they seem to be what Chase is using lately.)

At 7/24 currently according to account opening dates on Experian.com. EX Fico 8 = 784 was HP'ed. 4 inquiries on EX, now 5.

UTL = $112 of $294,300 in open lines. AZE3, AAoA 3Y7M, AoOA 15Y4M, DTI = 14% per Experian.com. No derogs. Annual Income ~$200K

Spend on existing Chase cards ~$3500-$5000/month.

SL $35K (Highest SL so far).

Re: Chase Amazon Visa & 5/24? Data Points

FinStar — Sat, 27 Nov 2021 02:11:41 GMT

Thanks for the DPs for those who have been approved and provided their info.

It appears the current trend so far (reported here and elsewhere), a variety of these 5/24 'bypass' approvals are within the 5-9 count. By the same token, similar instances have been reported with denials citing the 5/24 reason alone. I haven't seen any 10/24 (or greater) clearing the 5/24 'hurdle' as of yet 🤷🏼‍♂️, but these are very interesting developments so far!

Unfortunately, I can't test it myself since I already have the card (right before it became part of 5/24) plus it's doubtul they'll consider a twin even if I switched it to the Whole Foods Visa version.

Re: Chase Amazon Visa & 5/24? Data Points

macinjosh — Sat, 27 Nov 2021 04:30:52 GMT

My current data point. Called in to do verification this am after apping on wednesday. I'm 10/24, thought I was 9/24. 🤷🏻‍♂️ I'm also 2/6 if that may have any bearing as to why I wasn't flat rejected.

Current status says 7-10 days. I won't be surprised if I get denied, but I'm staying hopeful. I'll keep you all aprised.