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Well April is here and I think we will see less activity on the Approvals forum because of the 5/24 rule.
I have seen a denial for Marriott on credit pull database because of this.
How long do you have?
I have to wait until 4/17 but apping for Prestige may change that.
For me to be under 5 new cards in the past 2 years I will also have to wait until April 2017 - but that's cutting it close. If I wait until May 2017, I'll be golden.
My apps are soo spread out so I don't know anymore. My last personal app was 3/5, but prior to that were some business apps which won't count against the 5/24. If I had to guess I have at minimum 9 months before I could go for another chase app and even in that scenario I think I would only be able to pick up one additional card. If I wait a year maybe I can get two cards. The problem is I intend to do future apps in another coupls of months and I don't see the value in passing on everything just for the chance to app for another chase card. I have or can PC into pretty much any chase card I want and the ones I did not pick up are not very high priority for me at this point and for the cards I currently have that I would want to churn there is no guarantee if I wait the signup bonus will be nearly as good. If chase came out with some longterm amazing signup offers then I might think about waiting but for people who have the actual chase cards they would want to use long term I don't see much incentive in waiting and foregoing every other lender out there.
let's be honest, most of us will never be eligible for another chase card. LOL!
we need a garden club just for chase card holder aspirants dreamers! LMAO!
@Anonymous wrote:let's be honest, most of us will never be eligible for another chase card. LOL!
we need a garden club just for chase card holder
aspirantsdreamers! LMAO!
Not necessarily true. I'm at the point where I have most the cards I want and instead will likely be focusing on business cards for the most part, which won't impact 5/24 as long as they are not reporting on my personal credit. For people starting out or rebuilding then yes it is going to be a few years before they can get all the chase cards they want.
@red259 wrote:My apps are soo spread out so I don't know anymore. My last personal app was 3/5, but prior to that were some business apps which won't count against the 5/24. If I had to guess I have at minimum 9 months before I could go for another chase app and even in that scenario I think I would only be able to pick up one additional card. If I wait a year maybe I can get two cards. The problem is I intend to do future apps in another coupls of months and I don't see the value in passing on everything just for the chance to app for another chase card. I have or can PC into pretty much any chase card I want and the ones I did not pick up are not very high priority for me at this point and for the cards I currently have that I would want to churn there is no guarantee if I wait the signup bonus will be nearly as good. If chase came out with some longterm amazing signup offers then I might think about waiting but for people who have the actual chase cards they would want to use long term I don't see much incentive in waiting and foregoing every other lender out there.
This could slow everyones roll with other apps if they really want a Chase card though.
watch the Ritz 160k will come out now, what a ball buster that would be, lol.
@redpat wrote:
@red259 wrote:My apps are soo spread out so I don't know anymore. My last personal app was 3/5, but prior to that were some business apps which won't count against the 5/24. If I had to guess I have at minimum 9 months before I could go for another chase app and even in that scenario I think I would only be able to pick up one additional card. If I wait a year maybe I can get two cards. The problem is I intend to do future apps in another coupls of months and I don't see the value in passing on everything just for the chance to app for another chase card. I have or can PC into pretty much any chase card I want and the ones I did not pick up are not very high priority for me at this point and for the cards I currently have that I would want to churn there is no guarantee if I wait the signup bonus will be nearly as good. If chase came out with some longterm amazing signup offers then I might think about waiting but for people who have the actual chase cards they would want to use long term I don't see much incentive in waiting and foregoing every other lender out there.
This could slow everyones roll with other apps if they really want a Chase card though.
Whatch the Ritz 160k will come out now, what a ball buster that would be, lol.
Oh bite your tongue! I held out as long as possible for the Ritz offer to come back and ended up going with the marriott card. I soo wanted the ritz card with the high signup.
I have most of the cards I need, a few I'm consolidating, but in the next 18 months I'm going to work on a couple LOC's and perhaps a new card every 6 months if any stand out.
When I'm within the 5/24 rule I'm going to pickup the CSP!
Going to try for the Ink Plus in 3 months, unless it's added to the 5/24 rule.
@Anonymous wrote:let's be honest, most of us will never be eligible for another chase card. LOL!
we need a garden club just for chase card holder
aspirantsdreamers! LMAO!
Not here. I have most of what I want. I can app for more Chase cards 3/17 if I wanted but I don't need anymore Chase cards or really any card.







