Closing tomorrow - app spree!?

[Harvey26]

@Anonymous5/24 is the number account you have to be under in order to get chase card. Less than 5 new accounts in 24 months. When you do discover prequal does it say why your not prequalified.

[AllZero]

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@Anonymous wrote:

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@AllZero wrote:
Are you a member of a credit union?

If not, have you considered joining one?

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The only CU I'm a member of is the local one I had my first auto loan through, and my checking account is currently through them. 

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There's a lot out there; NFCU, PFCU, AOD, etc.

https://ficoforums.myfico.com/t5/Personal-Finance/CU-s-to-join-for-Savings-Rate-now-and-possible-Credit-Products/td-p/6025274

[Anonymous]

Congrats on your home! I'm super excited for you ANNNNND excited to hear about the cards you get approved for! Give us an update tomorrow

[Anonymous]

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@Anonymous wrote:

Congrats on your home! I'm super excited for you ANNNNND excited to hear about the cards you get approved for! Give us an update tomorrow

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That was my next question - how long after closing do I need to wait?? lol 

[Anonymous]

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@Harvey26 wrote:

@Anonymous5/24 is the number account you have to be under in order to get chase card. Less than 5 new accounts in 24 months. When you do discover prequal does it say why your not prequalified.

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Darn. I'm at 6/24 (personal loan, 2 fedloan, auto, BOTW, and Discover)

Discover prequal says "Thank you for your interest in Discover.

Unfortunately, we don't have an offer for you right now."

[sxa001]

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@Anonymous wrote:

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@Anonymous wrote:

Congrats on your home! I'm super excited for you ANNNNND excited to hear about the cards you get approved for! Give us an update tomorrow

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That was my next question - how long after closing do I need to wait?? lol 

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When you have the keys in your hand you are good to start applying, best to get any cards you want before your mortgage hits your account and then you can go back into the garden for awhile. 

[Anonymous]

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@Anonymous wrote:

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@Harvey26 wrote:

@Anonymous5/24 is the number account you have to be under in order to get chase card. Less than 5 new accounts in 24 months. When you do discover prequal does it say why your not prequalified.

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Darn. I'm at 6/24 (personal loan, 2 fedloan, auto, BOTW, and Discover)

Discover prequal says "Thank you for your interest in Discover.

Unfortunately, we don't have an offer for you right now."

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@Anonymous As a reminder, the Chase 5/24 rule refers to revolving credit accounts. Think credit cards, auto loans wouldn't be included.

Also, how old is your Discover card? I think Discover has a rule where they won't approve more than one card a year. That might be what you are seeing.

Also also, congrats on the new house especially with everything going on! It must be nice to lock in a good rate.

My advice would be to research cards with subs, but also lenders. Some have tightened up recently, and some lenders you might want to apply for first before any others.

Theres nothing wrong with being patient and applying later (maybe 6/8 months).

Good luck!

[mrjerry]

Congrats on home loan! 

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

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@Harvey26 wrote:

@Anonymous5/24 is the number account you have to be under in order to get chase card. Less than 5 new accounts in 24 months. When you do discover prequal does it say why your not prequalified.

---

Darn. I'm at 6/24 (personal loan, 2 fedloan, auto, BOTW, and Discover)

Discover prequal says "Thank you for your interest in Discover.

Unfortunately, we don't have an offer for you right now."

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@Anonymous As a reminder, the Chase 5/24 rule refers to revolving credit accounts. Think credit cards, auto loans wouldn't be included.

Also, how old is your Discover card? I think Discover has a rule where they won't approve more than one card a year. That might be what you are seeing.

Also also, congrats on the new house especially with everything going on! It must be nice to lock in a good rate.

My advice would be to research cards with subs, but also lenders. Some have tightened up recently, and some lenders you might want to apply for first before any others.

Theres nothing wrong with being patient and applying later (maybe 6/8 months).

Good luck!

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Ok, so I should be good on the 5/24 rule then!  My Discover was opened in Nov 2018.   Yes, definitely feels amazing to get 2.75% for a 30yr mortgage!   I keep seeing SUB all over this forum, I assume that's start up bonus?

[coldfusion]

SUB == Sign Up Bonus