@CreditCuriousity wrote:
@Anonymous wrote:
Congrats! How many new accounts have you opened in 2 years? Are they reporting to the bureaus yet?
I ask because Chase has been denying anyone with more than 5 new accounts in 2 years.
I am also starting to think the chase 24x5 new account rule might be something where if you already have a card with them then it holds true for CSP/Freedom if you don't hold a chase card and are pre-approved they might overlook this rule.. This seems to be what I am seeing a bit of if that makes any sense.. I could be wrong, but kinda makes sense? As they want you to use them just like any other lender wants you to use them as well, maybe you get a free pass with your first card with them?
It does make sense I guess? This was my 2nd Chase. If you want your customers to use your products doesn't it make sense to issue less cards but more increases? I realize they are held to underwriters regs. but so many people having 4-5 cards from one issuer, I don't know. Is a consumer more likely to get in over their head with several cards that have low limits or with one card that has 45k cl?
