New chase amazon now follows 5/24?

[Anonymous]

A friend got denied for the new chase amazon citing 5/24, anyone else know of a similar experience?

[X23]

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@Anonymous wrote:

A friend got denied for the new chase amazon citing 5/24, anyone else know of a similar experience?

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I have 7/24 and just got approved for it.

[Anonymous]

Did it specifically say more than 5 new accounts in the last 24 months in the Adverse Action letter? I got approved and I am way way way over. 

[kdm31091]

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@Anonymous wrote:

Did it specifically say more than 5 new accounts in the last 24 months in the Adverse Action letter? I got approved and I am way way way over. 

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Actually, the denials never say anything about the 5 part of 5/24. Just "too many accounts in the last 24 months". Chase very rarely officially states the entire "5/24".

[SouthJamaica]

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@Anonymous wrote:

A friend got denied for the new chase amazon citing 5/24, anyone else know of a similar experience?

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I just got the card a few days ago and I'm way way way over 5/24... something like 25/24

[elim]

ehh, People can always get the Synch card for the 5%, not a problem. Not like we are going to rush out to Churn the $70 (or whatever the bonus is).

Now if they gave UR's... wooooooooot.

[CatOfSpades]

Has your friend opened an excessive number of accounts? I'm 100% over 5/24, not by a lot, but definitely over. Maybe Chase feels like they have had too much credit recently extended to them. 

[Anonymous]

You guys are right, she interpreted the denial reason wrong.  It does not say 5/24 but too many recent inquiries.

[BronzeTrader]

Not subject to 5/24. But Chase does not like tons of inquiried, or so many new applications or new CCs. 

[Anonymous]

Yep many new inquiries spooks Chase.