/u/there_wreck just brought this to my attention via a comment.. DoC’s source told him that Chase’s 5/24 rule has gone into affect for all applications submitted on or after 5/22/16. View the post on Doctor of Credit here.
The one difference though is that you get a gift card versus those postcards from Menards. IMHO, it makes it a little easier. Of course, I just spend $200 on plants at Lowes last weekend. CreditSesame.com Review Scam Or Legit Site For Free Credit Scores? Search on eBay for Lowe’s 10 off 50, 20 off 100 or 10% off. Usually $1-2.. Dec 29, 2014.
You’ve heard about Chase’s infamous 5/24 rule for credit cards, but what does it mean and how does it work?. The Ultimate Guide to Chase’s 5/24 Rule. by Richard Kerr. May 24th, 2019. Share this: Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window).
In light of the news that the Chase 5/24 rule will be applied to co-branded cards, I was wondering if anyone could share their experiences/knowledge (if any) on how to remove AUs from their credit histories.
(Offers on this page are now expired and are no longer available.) There’s been a lot of talk about the Chase 5/24 rule as of late. Basically, the rule states that if you have been approved for more than five cards from any bank within the last 24 months, Chase will not approve you for a new credit card.
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What is the 5/24 rule? If you’ve opened 5 credit card accounts with any issuer within the past 24 months, Chase won’t approve you for a card, meaning you may miss a valuable limited-time offer.
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Getting Approved For Chase Credit Cards – What Is The 5/24 Rule About? Applying for new credit cards can be an exhilarating hobby for many people in the US, especially when it’s all about getting your hands on those attractive signing bonus points as a new cardmember.