Originally Posted by mk712

Correct, but had he applied a couple of weeks ago he could have triple dipped (late December 2014, sometime in 2015, then again early January 2016 right before AF hits again). That's $900 in airline reimbursement for one $395 annual fee.

I'm in the same situation (applied and got instant approval on Friday). I didn't want to apply before because I had already gotten 3 Chase cards in the past 90 days :/