Every Chase Credit Card Application Rule Explained
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- เผยแพร่เมื่อ 23 ก.ค. 2024
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Great video Ben!! I needed the info you provided at the end!
Excellent video. Thank you, Ben.
Ben, this is a great video, combining all the rules in 1 video. Great refresher! Can you do a video like this for all the major banks please.
Yes! All major banks please!
Excellent video! This is very useful to navigate the complicated rules, especially regarding the business credit cards. Thank you!
Hi Ben I've been watching you for a while and get a lot of good info. And fun watching the lounge and hotel visits. My questions is abt getting the sapphire bonus. I've had my CSR for 5 years. I'm ready for the 80K bonus again. How long after I down grade my current card do in have to wait before reapplying for the sapphire and get the bonus?
Great video Ben! Quick question. If I already have the freedom unlimited and got the bonus for that, it seems I can still apply for the freedom flex and get the bonus for that one as well, correct?
Yes you can, you can even get the freedom bonuses if you had the card before in the past and it's been 24 months
Great video! 2 questions for you my friend. Is there a set limit on all 3 cards combined? I think i remember hearing that chase wont let you exceed a certain amount across all the cards combined. 2nd question is am I eligible to get the bonus twice on separate ink cards without waiting like the other ones that were 24 months and 12 months? Thank you! I subscribed
Hi Ben - great content! I do want to eventually have a full chase trifecta going - question, I focus on being a star alliance "United" member and wanted to know in any way is the chase united cards affected in anyways with these Chase cards? Like if get the Chase sapphire bonus this month is there or any of this rules keep me from getting miles on a Chase United Explorer card?
Great video! So if my card opened in 2020 passes the 2 year mark since opening, I can be under 5/24? (Opened four other cards)
Hey Ben, Just wanted to share, I ended up getting the Platinum 150K offer and the Gold 90k+250 offer all in the last 2 weeks! I didn’t think getting that many points was possible for 2 cards.
I got approved for the Chase Business cash Ink $47,000 and Chase business unlimited ink $10,000 the same day and only 1 hard inquiry for both
What type of business do you have to use those cards?
How long after applying and getting a bonus for a Freedom card do I have to wait to downgrade a CSP to that specific Freedom?
Hey Ben if I got my reward 2 month ago I’m my personal card how long do I have to wait to get a business card to get the reward?
Just to be clear, we can still redeem the offers if it’s not the same card but still and ink card correct? Same EIN.
I have the unlimited and want to get the preferred because of the promo under the same EIN.
Has anyone heard of 5/24 being relaxed for the Chase British Airways card?
So if I just got the bonus for the sapphire preferred I can’t get the bonus for the sapphire reserve?
Thank you
I hear you can open up multiple of the exact same Ink cards without using the EIN trick. is this true?
Does Citi have any rule like 5/24?
I'm over 5/24 but got a mail offer for the freedom flex. I have an invitation code, not an RSVP code. Is that the same thing?
Yeah
I'm 3/24 and have Freedom, Reserve, Ink Cash, Ink Unlimited, and just closed Ink Preferred. Any suggestions on next cards? Don't have any airline or hotel cards. Or get the Ink Preferred again? Very interested in Max Rewards. Thanks.
IFFF you got your Sapphire Reserve bonus more than 48 months ago, then the following would be your best option: downgrade/product change your Reserve to another freedom card (no annual fee), and then apply for the Preferred (80k bonus for $4k spend in first 90 days), and then after having that card for a year, you could product change your new Preferred into a new Reserve. BUT if you received ANY Preferred OR Reserve bonus within the past 48 months, then this idea will be worthless to you unfortunately. Good luck! 👍
You need to do this for Marriott Bonvoy cards.
Chase admitted to me there is a 5/24 rule of their credit cards including the Chase Freedom. That's why they declined my Freedom Unlimited application.
Crazy you got them to admit it
Great info! Have you ever gotten preapprovals for Chase cards while in 5/24 jail?
I have a question for you if I downgrade my Sapphire Preferred card to the FreedomCard will it be the original FREEDOM that’s a Visa logo or will it be the freedom flex with a MasterCard logo?
When i did it, they gave me the option of any freedom (flex, original or unlimited)
You said you can transfer points to ink preferred, so you dont need chase sapphire to transfer points?
The ink preferred is basically the business card version of the Sapphire so you can use it for point transfers
Hey Ben how many credit cards can i apply with chase in calendar year?
Also how often should i apply for them besides the 2/30 rule?
@@bluejay713 thanks but i meant how many credit cards total i can get with chase per year 6 ,8, 9
@@bluejay713 you can only get 4 cards total with them period.
Co-branded card you have to be close 6/24....if you are 7/24 or 10/24 most likely you won't be approved.
Delinquency or other derogatory relationship with our bank? What's that mean got letter from chase so hope might know what it is 😔
A derogatory item is considered negative, and typically indicates a serious delinquency or late payments.
Do freedom card have any rule for signup bonus like 48 months for sapphire cards
The rule for the freedom cards is 24 months.
One Sapphire rule isn’t effective if you upgrade or downgrade into the cards.
So if I just got the welcome bonus for my freedom unlimited card, am I able to get the welcome bonus for a sapphire card? Or do I have to wait 24 months since I received a welcome bonus on the freedom card?
You can get it, they are separate products, so they don’t affect each other
you lost me at 5 lol since I'm 8/24 I don't have time for Chase - Amex, Barclays and Citi offering more....
What does it mean when you get denied for “copy of borrowing resolution”?
Ben, if you downgrade from CSP to a freedom flex, how long do you have to wait to reapply for a CSP? I had my CSP for over 5 years and I am interested in a new welcome bonus.
He says 48 months in the video
48 months from the time you earned the welcome bonus, so immediately in your case.
I just checked my account. I'm definitely over 524, but it shows that I'm pre-approved for freedom unlimited and united cards.
Then you would be approved.
Let’s go !
What are the cons and pros of Sapphire preferred vs ink preferred?
I'm about to switch to the ink
Bonus earning categories are different to account for business/personal spending habits, so that may or may not work in your favor. Ink has lower dining multiplier and no doordash benefit. You can get 5x on many extra things with the ink by purchasing gift cards from office supply stores. Insurances/protections on the ink stipulate "for business purposes", so you may have to justify that if you ever need to file a claim. Ink doesnt have the $50 annual hotel credit to help offset the annual fee. Ink does have a slightly higher signup bonus at the moment. Ink is a business card, so utilization is not reflected on your personal credit report. This also makes it a good way to get a new card without adding to 5/24.
@@jonathanlosa399 thanks by the way when you're talking about 5x on office supply stores isn't that for the ink Cash i didn't know the preferred had that too.
@@guaparra2 sorry, youre right. I was just tying to list things off the top of my head and messed that one up
@@jonathanlosa399 no biggie i just that that was an option i wasn't aware of thanks.
Saturday, the day of peace 🙏
Ben so i have a Flex card since 01/15/22
i plan on downgrading my Sapphire to a Flex on 06/15/22.
can i do that?
i got confused on the part
A downgrade or product change is not considered a new application so it shouldn’t affect 5/24 status if thats what you mean. And from what he explained you can have two Flex cards so long as one is a downgrade from a Sapphire card.
@@classicrocker81 yeah that's what i understood as well.
I spoke to a chase banker on branch and i mention that to her but she was like no only 1 flex period.
That's why i asked.
@@guaparra2 interesting. If I recall correctly Ben actually had two freedom cards at the same time without issue but who knows.
@@classicrocker81 I'll tell you what in about 6 weeks I'll find out and come back with an answer.
You should be good. Both Ben and Sebby from another channel have multiple flex’s with no issues
Do it includes authorized users?
Keep watching, i get to that
can anyone tell me if chase flex card is a solid intermediate card? i’ve had credit for nearly 2 years now. also is it a good balance transfer card? would like a card with no interest for a few months while i find a new job
Not sure about the balance transfer part for Flex but the card is solid. I got it 2 months ago and they have a bonus 5% back on gas for the first year so I made it into my gas card mainly. Regarding the balance transfer, I think the Slate would be the card for the job
For transfer and no interest for awhile I think the slate is for that sort of thing
This is major
.
THIRD :-p
First
Damn bro, you need to get a life! lol. As do I apparently.