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CHASE 5/24 ...WHAT RULE..... #Bam

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Anonymous
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CHASE 5/24 ...WHAT RULE..... #Bam

Ok.. so last week I app. for penfed ..2cards...Barclay's cash forward...nfcu gorewards...Discover...venture one..all approved instantly with the exception of nfcu and venture one....WELL I pulled the trigger on Chase Disney. .just because. ..and was denied not for inquiries but for BK..it will be 2yrs in july...well after reading where someone recon 5× I said what the heck. ..I recon twice and was approved for 1k...I was fortunate to talked to a very nice gent the first time and an even nicer young lady the second time who told me to call back in 5 days...I waited 2 days and was told I had been approved 2 days earlier. ...yay me...#GOCHASE #FOOTNDADOOR
Message 1 of 8
7 REPLIES 7
Anonymous
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Re: CHASE 5/24 ...WHAT RULE..... #Bam

The 5/24 rule has nothing to do with inquiries. It is based on new accounts, and none of your recent approvals would be showing in your reports yet.

Message 2 of 8
Anonymous
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Re: CHASE 5/24 ...WHAT RULE..... #Bam

Great job, nice additions . Cant wait till i can apply for one if i want , super fresh out of bk 6 months post
Message 3 of 8
Anonymous
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Re: CHASE 5/24 ...WHAT RULE..... #Bam


@Anonymous wrote:

The 5/24 rule has nothing to do with inquiries. It is based on new accounts, and none of your recent approvals would be showing in your reports yet.


Not only that but the Disney card is not under the 5/24 rule.

Message 4 of 8
Anonymous
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Re: CHASE 5/24 ...WHAT RULE..... #Bam

Cool...but I have app for more than 5 cards in the last 24 month's as well as they did ask me about the recent inq..are there any more cards that are not under the 5/24???
Message 5 of 8
RonM21
Valued Contributor

Re: CHASE 5/24 ...WHAT RULE..... #Bam

Congrats. I do believe the 5/24 didn't come into play for the reasons given by Captool and Irish. But, you got approved, which is important. Now, I would lay very low if you plan on keeping the card. Chase will eventually notice the new accounts and have been known to react.


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 8
Anonymous
Not applicable

Re: CHASE 5/24 ...WHAT RULE..... #Bam

I have heard about them pulling cc after approvals. ..they were the last ones I apped for....either way. ..thanks...off to the garden I go via DISNEYLAND. ..
Message 7 of 8
CatOfSpades
Frequent Contributor

Re: CHASE 5/24 ...WHAT RULE..... #Bam

Congratulations on Disney!! I love the designs for that card. 

♠Queen of Spades♠
Apple Card MC $10,000
BofA Cash Rewards VS $10,000
5/3 Cash/Back WEMC $10,000
Message 8 of 8
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