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Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

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krielly
Established Contributor
‎10-20-2015 10:40 AM
‎10-20-2015 10:40 AM

Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

Thanks!

 

K


You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing!
Message 1 of 14
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willwar14
Valued Contributor
‎10-20-2015 10:43 AM
‎10-20-2015 10:43 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

I'm also curious about this, I was also wondering if it also counts to accounts your an AU on that are less than 2 yrs old?

 

 

CH7 FILED: 08/18/2022, DC: 01/23/2023
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victornewman
Contributor
‎10-20-2015 10:46 AM
‎10-20-2015 10:46 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

I believe it is 5 accounts regardless of what type of account it is.  However.... my experience has been that the rule does not apply to their co-branded cards like Southwest, Marriott, etc.  Others may have had different outcomes but the 5/24 rule did not apply to the co-branded card I was approved for recently.

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victornewman
Contributor
‎10-20-2015 10:50 AM
‎10-20-2015 10:50 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

@willwar14 wrote:

I'm also curious about this, I was also wondering if it also counts to accounts your an AU on that are less than 2 yrs old?

 

 

From what Chase has explained to me, they do not factor in AU accounts.

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ojefferyo
Valued Contributor
‎10-20-2015 11:30 AM
‎10-20-2015 11:30 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

Only accounts that belong to you.

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa
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ddemari
Super Contributor
‎10-20-2015 11:40 AM
‎10-20-2015 11:40 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

the chase rule applies to applying for their in house cards, Slate, Freedom and Chase Sapphire Prefered.

 

I can say first hand I have been approved for several co-branded chase cards this year with way more than 5 new accounts. 

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Anonymous
Not applicable
‎10-20-2015 11:41 AM
‎10-20-2015 11:41 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

Confirmed. The 5/24 rule does not apply to the co-branded cards.

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krielly
Established Contributor
‎10-20-2015 11:53 AM
‎10-20-2015 11:53 AM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

I'm really questioning whether the 5 "new accounts" include other types of credit, not just credit cards........

 

thanks

K


You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing!
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ddemari
Super Contributor
‎10-20-2015 12:04 PM
‎10-20-2015 12:04 PM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

All I have read talks about 5 new accounts and they refer to credit accounts with any lender. There theory is someone is chasing sign up bonus by applying for lots of cards and will eventually close out their cards. I don't think it matters if u open a mortgage student loan personal loan etc. but that's just my take on it.
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Anonymous
Not applicable
‎10-20-2015 07:45 PM
‎10-20-2015 07:45 PM

Re: Does Chase 5 new account rule apply to ALL new accounts, or just CCs?

@ojefferyo wrote:

Only accounts that belong to you.

@victornewman wrote:
@willwar14 wrote:

I'm also curious about this, I was also wondering if it also counts to accounts your an AU on that are less than 2 yrs old?

 

 

From what Chase has explained to me, they do not factor in AU accounts.

 Really? I thought I'd read it was AU's too. Is this the consensus - primary only? 

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