Chase 5/24 rule... Targeted Offer Data Points

SumMischief · ‎02-02-2024

First, I have to say I am over the 5/24 rule with six credit cards in the last 2 years. Although it is not officially documented that this can affect approval from Chase many data points collaborate this to be true.

Today I noticed when checking if payment was posted for my Chase Freedom Unlimited card I had three targeted offers. I had one auto offer and two credit card offers.

The two cards that were offered were the Sapphire Preferred with a credit limit of ($18,000) and the Sapphire Reserve credit limit of ($22,000) card.

Going by past data points from this forum of Chase approving targeted offers I said let me take a swing. I decided to apply for the Sapphire Preferred to pair with my Freedom Unlimited and it was approved.

keekers · ‎02-02-2024

Very nice! I haven't sniffed a pre-approval being over 5/24.

BigBS · ‎02-02-2024

Congrats on the approval!

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

wingennis · ‎02-02-2024

Congratulations. That is fantastic!

CorpCrMgr1 · ‎02-02-2024

Congratulations! Time for me to check my account.😁

Tdatb64 · ‎02-02-2024

Congrats!

Remember that store cards don't count towards 5/24, if that applies to your circumstance.

youngandcreditwrthy · ‎02-02-2024

@Tdatb64 how do you know they dont count?

Congrats on the new card! My chase cards were all gotten between 7-12 new accounts in two years.

SouthJamaica · ‎02-02-2024

Congratulations on your approval. Nice card.

Unify FCU Platinum Visa Variable Rate 35k

TD Bank Business Solutions Visa (Bus) 23700

FNBO Evergreen Business Edition Visa (Bus) 20k

Liberty (formerly Evansville Teachers) FCU Platinum Prime Plus MC 15k

US Bank Triple Cash Rewards Visa (Bus) 12k

Geo-fenced credit union Platinum Visa 10500

Members 1st FCU Low Rate Platinum Visa 5k

PLOC: Langley FCU 40k; Penfed CU 15k; NFCU 15k; Teachers FCU 15k; Affinity FCU 10k. BLOC: NFCU 5k

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

nytokyobred79 · ‎02-02-2024

Congrats on getting that awesome targeted offer. Nice dp's

Avoided credit cards after ruining my financial health but got back into the game in 2019 after a 20 year hiatus
Total Revolving CL- $215,200 | Order of Opened Cards
Delta SkyMiles Blue- SL-$1K | CL- $22.6K
Delta SkyMiles Reserve- SL- $10K | CL- $20K
Chase Sapphire Reserve- SL $20K | CL- $40.5K
Cap 1 Venture Rewards- SL $10K | CL $ 21.5K
Amex Everyday Preferred- SL $13.1K | CL $10K ( moved some limits around )
Chase Freedom Unlimited: SL $23.4K| CL $39.8K
BOA Unlimited Cash SL: $20.8K| CL $15K moved some limits around)
BOA Travel Rewards SL: $20.8K | CL $5.8K(moved some limits around)
Amex Blue Cash Preferred SL: $10K
Amex Green Card: NPSL / POT: 17K
BOA BankAmericard: SL: $5K | CL: $30K

citymunky · ‎02-02-2024

Congratulations

Rebuilding since 2021

Closed CCs
USAA (Jul 2019| Settled CO), Jasper $1K CL (Jul21-Jul22), Sable $250CL{Secured} (Jan22-Jun23), CreditOne Platinum $750CL (Jul21-Aug23), Prosper $1.9K CL (Jan22-Apr24), Self $625 CL {$350 Secured } (Aug21-Jul24)

Starting FICO 8 Scores:

Current FICO 8 Scores: