Originally Posted by kaukau
Seems to me, that 60 days between approvals, from 3 institutions, times 2 cards each, (business and personal) is......36 accounts opened a year? Is that correct? 2 x 3 x 6 =36. One could push that a bit, as we've discussed, but, taking the long view, 180 accounts opened in 5 years isn't shabby.
I would agree that 36 accounts a year is a lot. That is a lot of credit cards! and credit hits
However, we have both been told by various banks that they go below that the 60 day limit (30 or 45 days). So, I am therefore wondering about what drbond meant? was he referring to one particular bank (he doesn't have to share the name if that is confidential) or all banks? He made it sound like a universal limit, and then implied that exceptions can be made. So, if Chase and Bank of America are approving apps within the 60 day limit are they making exceptions? or do they not have this 60 day thing in the first place?