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PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!

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Anonymous
Not applicable

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!

It's not 5+ credit lines, its 5+ credit cards. So car leases, equity lines, etc wouldn't count.
Message 11 of 18
Anonymous
Not applicable

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!


@Anonymous wrote:

I'll lend some support to OP here.

 

Even though WE know (anyone who's posted a few times on this board), a lot of newer folks or lurkers may not know. If you ask Average Joe on the street if he knows the 5/24 rule, you will get a blank stare. Yet, that same individual might be sorely disappointed when he gets denied for a Chase card. 

 

Chase is a big and influential enough issuer, and the rule is so rigid, that it might be worth a sticky.

 

But, I'm just an ordinary member and that's my two cents on the matter Smiley Happy


I appreciate that and this is well said.

Message 12 of 18
Anonymous
Not applicable

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!

I was denied for the amazon chase card for the 5/24 rule. Does this also apply to disney? 

Message 13 of 18
OmarGB9
Community Leader
Super Contributor

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!

Amazon Chase card shouldn't fall under the 5/24 rule, as cobranded cards are excluded. Perhaps you were denied for something else?

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

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Current FICO 8 scores:


Message 14 of 18
Anonymous
Not applicable

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!

Thought I would bring this up AGAIN as people continue to app for Chase cards with zero chance of approval.

 

http://ficoforums.myfico.com/t5/Credit-Cards/CSP/td-p/4433040

Message 15 of 18
Scupra
Super Contributor

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!

Wanted to post in an existing thread rather than start yet another thread on the rule Smiley Happy I have a card that turns 24 months old this month which takes me to 4/24. My question is do I wait until next month to be safe, or is 24 months exactly ok? Thanks in advance

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE | AMEX Gold | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 16 of 18
Anonymous
Not applicable

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!


@Scupra wrote:

Wanted to post in an existing thread rather than start yet another thread on the rule Smiley Happy I have a card that turns 24 months old this month which takes me to 4/24. My question is do I wait until next month to be safe, or is 24 months exactly ok? Thanks in advance


From anectodal evidence elsewhere, you can apply right after the account ages 24 months

Message 17 of 18
Scupra
Super Contributor

Re: PSA: Thinking about apping for new Chase CSP and Freedom Bonuses (or Slate)? Read this first!


@Anonymous wrote:

@Scupra wrote:

Wanted to post in an existing thread rather than start yet another thread on the rule Smiley Happy I have a card that turns 24 months old this month which takes me to 4/24. My question is do I wait until next month to be safe, or is 24 months exactly ok? Thanks in advance


From anectodal evidence elsewhere, you can apply right after the account ages 24 months


Thank you for the quick answer! Now to go prepare for the interrogation that is to come Smiley Happy

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE | AMEX Gold | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 18 of 18
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