NEW Chase Credit Card Rules? Bonus Pop Up?! | Watch Before Applying! Chase Sapphire Cards
ฝัง
- เผยแพร่เมื่อ 11 ก.ค. 2024
- 💳 Sebby's Card Picks: bit.ly/askcardpicks
💳 Learn more about the Chase Sapphire Preferred: www.asksebby.com/go/csp
💳 More Sapphire Reserve: www.asksebby.com/go/csr Click "Show More" to see Ad Disclosure
Timeline
0:00 Start Here
0:57 Chase 5/24 Rule
4:08 Chase Pop Up
4:46 24-Month Rule
5:52 48-Month Rule
6:06 One Sapphire Rule
6:53 2/30 Rule
7:31 Credit Limit
9:50 Co-Branded Credit Card Rules
10:31 Business Credit Cards
11:57 Bonvoy Rules
---------------------------------------------
Securely browse the internet:
🦈 83% Off + 3 Months Free VPN Deal: surfshark.deals/ASKSEBBY
Free Stocks & 💸:
📈 Get Free Stocks on Moomoo when you deposit $100 (limited time offer): www.asksebby.com/moomoo
📈 Get 2 Free Stocks on WeBull when you deposit $100 (limited time offer): bit.ly/AskWeBull
🛍️ Get a $20 Bonus after spending $20 at Rakuten: www.asksebby.com/rakuten
🎥 My Entire TH-cam Camera and Recording Equipment: www.amazon.com/shop/asksebby?...
---------------------------------------------
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which AskSebby will earn an affiliate commission or referral bonus. AskSebby is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available
-----------------------------
Follow us for updates:
TH-cam Subscribe: bit.ly/subscribeasksebby
Newsletter: www.asksebby.com/newsletter
Instagram: / asksebby
Mandy's TH-cam: / mandyroams
Mandy's Instagram: / mandyroams
💳 Sebby's Card Picks: www.asksebby.com/credit-cards
CardMatch: www.asksebby.com/guides/cardmatch
My wife and I were just approved for the freedom unlimited with 3% back on all spend for the first year. LETS GO
406 more days until I’m under 524 😂
😢
I have 377 days remaining. 💳🗓️
😂
Got approved for chase unlimited with 5/24 now im 6/24! It was my first chase card!
Congrats. Did you get the sign up bonus?
@@funny2thag yup!
What does 5/24 6/24 mean
Under 5/25 and looking into a business card next! Thanks for the great info as always Sebby. 🥧
thank you for the video 🥧
🥧 Thanks Sebby, your recent videos on Chase cards helped me to get the recent 75k bonus for Chase Sapphire Preferred. I had this card for over four years and with your explanations of the rules, I was able to get a new Chase Sapphire card and the 75k bonus offer.
That is awesome!
🥧 Great breakdown Sebby!
1. Under 5/24.
2. No Chase cards on my list now.
3. Game plan is to wait and see what interests me.
You’re so cool!
🥧 currently at 5/24, will be applying for an Ink in August
Hey Sebby! So does this mean if I have the Amex Bonvoy Brilliant, there shouldn't be any constraints on me getting a Chase Bonvoy card? Wondering if there's any good ones that would pair well to stack benefits
Haven't been 5/24 in like 6 years lol 😂
56 cards stacked I could care less about Chase approvals lol built this avoiding Chase!
Lol avoiding chase bad idea
@@lukal707They offer nothing I don’t already get elsewhere I have superior travel cards.
🥧 good video
Do you suggest waiting 12 months to close Amex authorized user cards. Will there be an impact on Amex pop up jail for future cards?
If Chade has total credit line limit 50% of total income, is there any maximum number of accounts you can have? I currently have 6 personal and 2 business cards. I plan to open one personal card soon.
🥧 would be interested in a video where you go down that Marriott rabbit hole! Marriott is by far the best hotel loyalty program, at least for me, and I’m very interested in maximizing it as much as possible!
🥧 the cards that you used to make the 🥧 charts, do you have them all listed somewhere?
Still under 5/24, being very selective about my 5th card. Should I just continue to open business cards first? I already have CIU and CIP
🥧 Currently at 4/24. Ones on my list are World of Hyatt card and IHG Premier card. Think I am going all in on Hyatt with their superior point redemption rate. Earning isn't great: can do almost as good on some categories, better on others with Chase cards. Strategy is to use it as an "everything else" card up to $15k free night award. IHG would be backup hotel card (Hyatt isn't everywhere I need it) and want sign up bonus for future trips. Overall, the goal is max yield from spend. I think I can get more juice out of squeezing Hyatt's loyalty program (using its superpower - high redemption rate) than juice from simple cash back cards (e.g., X1).
🥧. Sebby, I love and appreciate your vids and have a question I don’t recall you covering before…. You talk about downloading strategies here, but what about upgrading a card to get a SUB? I have a CSR and love that, but have had a United Explorer for like 4 or 5 years and I think I want to upgrade it to a Quest. Is that just a new app altogether? I don’t want to dilute the credit line between the 2 cards (although I know that can be moved around once established). Any thoughts on best approach to upgrading? Thanks for all you do!
Typically upgrading doesn't give any kind of bonus and the only way to get a new bonus is to sign up for a card as a new account. Amex Hilton cards being a more common exception sometimes
Finally, at 4/24. Have CIP, CFU & CFF. Next Chase cards: CIC, United Biz, and/or CSP/CSR. The order depends on bonuses.
W Sebby
🥧
3/24
Using Bilt for rent points and deciding on which travel card to add next! Flying myself and mom out to Hawaii for our first first class experience. Hawaiian airlines there, United back. Considering a Bonvoy property to stay at. Would LOVE advice on how to maximize points and which travel card to add. Thanks 💚
🥧, do Ashley store card from synchrony bank count towards 5/24?
I have a Chase United Club card. You left that out of the review. It seems to have some good perks. Over a five year period I upgraded from the Explorer to the Quest to finally the Club. Your thoughts on the Club card, please.
@AskSebby if I apply for the sapphire reserve to hit the sign up bonus, then transfer the balance to a 0% APR, will it void the sign up bonus?
Under 5/24. Chase Saphire Reserve has been my ongoing choice for 5+ years 🥧
Since you mentioned it, i've been on pop up jail for years. How do i get out?
Credit limit to income with chase rn is about .67, curious if my next card causes an issue
I maxed out about 20% of gross income. Last time when I tried to get a new Marriott card I had to move CLs around.😂
So would you say that increasing your income is the best way to increase your potential credit limit from Chase across all your Chase cards?
Where'd you get all those chips, Sebby?
🥧🥧🥧
Sitting at 4/24, been getting biz cards (Marriott biz, United biz and IHG biz) and will then add the CIC next before the CSP/CSR!
I am curious about thatist of 61 cards worth getting in general....
Or log onto your Chase account, and see approval for auto, and credit cards with limits listed. Sapphire would be next card again to get bonus.
does that 24 month SUB rule apply to business cards like the ink?
No it does not
🥧
So real quick question
I managed to get the flex last year August
I got the venture X October
Got the unlimited in January (for the match points back at the end of the year thing)
And then I got a capital one business
Does that mean I am at 4/24?
Because I wanted to add the Amazon prime card and then the reserve
But if the capital one business counts as a card
Then am I out of luck?
5/24 only for credit cards or new accounts. Car loan count as a 5/24 slot?
🥧Sebby, I thought it was possible to have 2 Ritz cards? How is this possible it they have a 1 bonvoy rule? Thanks!🥧
Do you see any reason to keep both CSP and chase ink bus preferred? Both 95 AF CARDS. Debating on grabbing the BUSINESS PREFERRED AND downgrading CSP when I do. Thoughts?
To keep business and personal expenses separate?
@@AskSebby I grabbed the CIP a few months ago for the sign up bonus and a small build project that put me well within the sign-up bonus spend. I have CSP after downgrade from CSR I picked up back in 2019, I think. Given the 48 month rule, I will probably downgrade CSP to some freedom type card, then re-apply for CSR (I guess? Whichever has the greater sign-up bonus). Plus, if you're trying to develop the business relationship with Chase then having the CIP helps that. Otherwise, I'm having similar thoughts as OP: Is there practical value for CIP and CSP simultaneously?
#AskingForAFriend
🥧 with the marriott rules on bonus in 24 months is that only for personal marriott cards or does that mean if you got a personal mariott you would not be able to get a bonus on the business version
Sebby got a shape shifting voice👽👾🌚☠️👻
Capital one next please. Still under 3/24 right now.🥧
I could be wrong but I think one of them is the 6 month rule where you'll more likely get rejected if you apply for a 2nd capital one card 6 months after opening the first one. Idk how true it is considering I got my 2nd one roughly around 6 months after the first
🥧So they will now let you go 6/24 if you’re willing to forego the SUB? If my P2 refers me for a United Explorer card, would she still get a referral bonus, even if I don’t get the SUB?
🥧
I can only get one more card before the 5/24 rule kicks in. Trying to determine if I go for Hyatt or united airlines. I will get the flex later. Picked up the sapphire preferred in branch to get that extra 10k points. Next year I'll upgrade to the reserve. I don't plan on using any points this year. December ill get my double points from my freedom unlimited, my 85k preferred then wait to upgrade to the reserve. 😈
Sebby. I'm conflicted about my next move.. I'm really enjoying marriott properties. I have a big disney world trip planned end of year. Should I spring for the amex bonvoy brilliant for the platinum status to *possibly* get a nice upgrade. Or wait 19 months to get a sign on bonus. Debating.
Will be upgrading my bonvoy card to the ritz next year.
Thanks.
If I downgrade the Sapphire Reserve to chase freedom, will I lose the points? Thanks 🙏
🥧 i was rejected bc of the 50% rule. How long should I wait until i should apply again?
If I have the CSR 6yo, can I downgrade and apply for bonus for CSR again within days of downgrading the card?
what if i am currently working on the chase sapphire preferred (got it last month), am i eligible for the chase ink business preferred?
Yes
Can I get approved for a second Bonvoy Boundless card if I upgraded the first one to Ritz card already? Willing to forgo the SUB since it hasn't been 24 months since I got the bonus
🥧I'm under the 5/24 rule. I want to get the Ritz Carlton but I'll wait.
How do you lower your credit limit or “carve” out your credit limit on existing cards before applying for a new one?
Send a secured message or call them.
Have the Reserve Trifecta for years. Sure would like a Chase lounge in ATLANTA… You know, one of the busiest airports in the US ATLANTA? The ATLANTA with only a crappy PP waaaaay over in the international terminal ATLANTA? 😂. Rant over.
🥧 What happens to your CSP points if you downgrade to a no annual fee card? Can you still use them?
You keep them since it's the same account.
I was at 3/24 in May got one personal then 30 days later got a business card then 5 days later got another chase personal . So all 3 chase cards within 36 days 🥧 I’m at 5/24 now
I wonder if I can downgrade from the Freedom Flex back to the OG Freedom card
yes, you can ... not exactly a downgrade, just a product change ... I've heard of people doing that and opening a new Freedom Flex afterwards ;-)
Does the 5/24 rule count non credit card hard inquiries?
Does 5/24 apply to authorized users when they go to apply for their own accounts? So would they have to wait 24 months from the day they were authorized to apply for their own?
Yes, it counts as a new account (card) on their credit profile.
Most issuers report the original open date for AU cards (I believe Amex is the main exception), so if someone is added to a card that's more than 2 years old, it won't ever affect 5/24.
It also doesn't affect bonus eligibility for a card that someone is an AU on.
Hi- Is there a downgrade path for CFF and CFU?
No, because they are both no AF cards. You downgrade a card to lessen or avoid an AF if the card no longer gives you the benefit for the AF they are charging.
Does anyone know how long does it take for an approval after applying for a chase credit card?
I got my CSR approval in 5-10 seconds after submitting the online application.
Does the 5/24 apply for Business cards ?
From my experience it does, but not sure if it was 5/24 or I just didn’t get approved so hopefully someone can clarify
I wanted to ask how long should I wait to add a credit card. I haven’t had a credit card in 7yr. I apply for the venture one card and got approved about 3 weeks ago and wanted to add another card. Is it ok to apply for another card. Looking at a chase freedom card. Credit score is around 720
You should be fine.
You are in a great position to start building huge with chase! Take your time and don’t rush into anything. Research all of the chase cards and make a plan to acquire the ones you want in a well spaced out timeline. If you have any plans for business cards, focus on those first before you add to the 5/24 status.
I won’t be surprised if Chase removed the 48 month bonus rule and implemented a once in a lifetime bonus like Amex. Everyone is abusing the rule at this point 😂, making 60 to 75k every 4 years.
I doubt this. I think the vast majority of people just hold onto one or two cards and just use them. Barely anyone I know cares about points. Most of the time the effort is better spent on actual revenue drivers or expense minimizers in your life, and so that's what most people do.
@@laughter95 that is true. Maximizing point isn’t even worth it when you are earning six figs. I guess we have a lot different friends.
Applied chase cash at 3/24 with 751 experian score. Got denied due to only 1 year and 2 month credit history
Apply for the Chase Freedom Rise cards, they’re for people new to credit. It also helps to have a checking account with them too.
🥧- Can I get bonuses for a personal and Business chase card in 12-24 months if I have not had a bonus for either in 48 months?
Yes
🥧In your experience/opinion does direct deposit into a Chase account help with approvals?
1 - 5/24
2 - United Club, CSR, CIC
3 - get the above 3 and then go way about 5/24 and let it tick down as I wait for the Sapphire clock finish
Mainly credit score, credit history, and utilization unless you have a brand new credit file.
They do mention deposit relationship in AAs but idk if it’s DDs or balance.
@@AskSebby currently DD with them, but was looking to moving my banking elsewhere and just keep an account open with them
January 25 will be out of 5/24😢
The 5/24 is not hard rule.I got a sapphire preferred recently at 6/24
Hence why Sebby said “most Chase cards” 1:19
Plus it’s possible your 5th and 6th cards haven’t reported to the report chase pulled
Were you approved outright or did you have to call the recon line?
@@TheArtistFKApingaso3687 I applied in person, got denied, the cs was called up, they reviewed my credit and approved me.
Not happy with Chase 5/24 rules 😬😬
From CSP or CSR can only downgrade to CFU because Flex is Mastercard
Amazon counts as 5/24? Im currently 4/24. This is the only card im interested in right now
Yes. It doesn’t have to be a Chase card either, all non-business card approvals count against 5/24
@@doujinflipthe Amazon Visa you could get approved even over 5/24 because it's called Co-branded Card
Have you seen several cases of Chase approving for a CSP when total CLs will land at 54% of income? 🥧
🥧🥧Were any of these rules new? They all sounded like they were the standard historical rules.
The pop up notifications are new.
🥧 one more month and I’m under 5/24 again.
I’m at 4/24, and my next hard pull will drop off my credit report in May 2025
Would you recommend getting a new Chase card or the Bilt Mastercard?
I rent right now but realize that there is a chance that Wells Fargo might not be renewing the contract in 2029, so I don’t know what kind of impacts that might have if the credit card is no longer useable
Chase. You're going to have to spend a lot of money on the Bilt card to even get the equivalent of a Chase intro bonus. Why lock yourself out of 5/24 for no reason when WF doesn't have a rule like that?
@@AskSebby That makes sense, I just got the Chase Sapphire Preferred in May 2023, and it is the only Chase card I have, so if the welcome bonus on Chase’s non-cobranded cards were less, I wasn’t sure if it would worth considering one of Chase’s cobranded cards then
Im at 7/24
Will be at 5/24 amd the end of june 2024
Woot woot 🥧
On the limits j added my wife to mine, does that stop her eligibility for getting these bonuses in her own name/card?
🥧 3/24
Pi 🥧
First
🥇
🥧
But why would I apply for a card without sign on bonus😅
If you’re still applying for chase card BESIDES the reserve, then what are you doing. There is many better cards
The Chase World of Hyatt card is a great card if you travel and stay at Hyatts. 9X points on spend at Hyatt.
Better earning for sure, but people just farm Chase for subs, I bet a lot of that hot pink card holder he uses is full of semi retired Chase products
Don't forget that there are cobranded cards as well. Some people are SW loyalists or Marriott, and they are by Chase (there are Amex Marriott as well).
@asksebby is it really confirmed that Cap1 venture x business eats up a 5/24 slot?
I've read of data points showing both yes and no. 😬
About Bonvoy: The exception seems to be the Bountiful credit card? It looks getting the Bountiful does not block SUB for the Boundless.
I've checked the terms of the Boundless and Bountiful, and the Boundless makes no mention of the Bountiful when it talks about bonus eligibility. Am I missing something, @AskSebby?
🥧
🥧
🥧
🥧
🥧
🥧
🥧
🥧
🥧