I've had a Chase Freedom Unlimited for 3 1/2 years. Three weeks ago, I opened a checking account with Chase to get a Disney debit card (and the discounts that come with it). This week Chase deluged me with credit card offers on its portal. I'm "approved" or "pre-approved" as set forth below. Both categories lists APRs. Does Chase simply mean pre-approved for the personal cards and still use pre-approved for business cards?
Also, does opening up a checking account trigger this? I was on the "wrong" side of Chase's 5/24 rule until about a five weeks ago. I see Chase, as part of it's "Credit Journey" has done regular soft pulls via Experian, but I don't see anything unusual.
"You're already approved"
Chase Sapphire Reserve
Chase Slate Edge
United Explorer
Southwest Rapid Rewards Plus
Chase Sapphire Preferred
"You're already pre-approved"
Ink Business Preferred
Ink Business Cash
Ink Business Premier
Ink Business Unlimited
A checking account specifically doesn't matter, I have a brokerage account only.
My offers were limited to deposit accounts, advisory service and the like. Once I hit 4/24 the pre-approval offers for cards flooded the area.
@nytokyobred79 wrote:My guess would be that getting under 5/24 triggered this since they regularly soft pull accts. From my understanding on this forum, for Chase, JP Morgan Private Clients( with significant investments / deposits) may sometimes override 5/24. But then that isn't always guaranteed either.
Congrats getting under 5/24 though.
I'd have to agree with the theory that the 5/24 status triggered this but add that sometimes when people have opened bank accounts in branch, they are offered a credit card at that time. However, it's well documented here by one member in particular who has been banking with Chase for a very significant amount of time, with significantly large deposits and, as he puts it, can't get a Chase business card approval if he stood on his head. Their banking side and credit side are largely very independent from one another, and getting approvals being over 5/24 more likely coincides with a very strong credit profile, rather than any type of banking relationship someone may have with them.
Their Pre-approvals are known to be pretty solid, best of luck in choosing.
