Chase has a rule pertaining to new credit card applications that we call the 5/24 rule. The rule states that if you have gotten five new credit cards within the past 24-months, you will not be approved for a new Chase credit card application. Note, in counting the five cards, it is important to note […]
Tag: apply
Ask To Have A Portion Of Your Credit Transferred From One Of Your Other Cards From The Same Bank
Sometimes a bank may be hesitant to approve you for a card because you may have recently gotten a card from the same bank. For example, a bank such as Chase, may approve you for one card every 6 months. I personally at times have gotten around this by calling them on the phone and […]
Ask For A Small Credit Limit
If your credit application is not approved immediately and they ask you to wait or to call, consider asking for a very small credit limit. After all, many times you are only getting the card to meet the minimum spend to get the sign-up bonus, so why do you need a large credit limit anyway? […]