cancel
Showing results for 
Search instead for 
Did you mean: 

Amex Charge Card count towards Chase 5/24 rule?

tag
Anonymous
Not applicable

Amex Charge Card count towards Chase 5/24 rule?

Does an Amex Charge card like the Premier Rewards Gold Card effect the 5/24 rule with Chase? ..... Friend Prequalified at Amex and he is waiting on next statement cut for Chase Sapphire ..... Advice for him?

Message 1 of 6
5 REPLIES 5
creditguy
Valued Contributor

Re: Amex Charge Card count towards Chase 5/24 rule?

If it reports on a CR it counts towards 5/24. Why not apply for CSP before applying for Amex that way there's no sweating the 5/24 rule.
Message 2 of 6
ojefferyo
Valued Contributor

Re: Amex Charge Card count towards Chase 5/24 rule?

Why would it not? It is an account whether it be a charge or credit. 

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa
Message 3 of 6
Anonymous
Not applicable

Re: Amex Charge Card count towards Chase 5/24 rule?

I'm not familiar with how a charge card reports etc hence the question.  Everything he read said "credit card accounts".  He will have to wait for Chase Sapphire application then.

 

Thank you guys!

Message 4 of 6
Anonymous
Not applicable

Re: Amex Charge Card count towards Chase 5/24 rule?

You can always gamble. New amex cards report slow.
Message 5 of 6
RonM21
Valued Contributor

Re: Amex Charge Card count towards Chase 5/24 rule?

I would think it counts as everyone else said. I just look at it as any card that reports, as Creditguy said. Just to be on the safe side.


Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.