Sep 4, 2015, 8:47 am
Last edit by: beltway
This thread is now archived. For ongoing discussion and the current/updated wiki, see Applying for Chase Credit Cards, 2017 onward. For the archived predecessor thread, see Applying for Chase Credit Cards- Archived 2008-5/2015
Archived: Applying for Chase Credit Cards- May 2015- Jan 2017
Jul 31, 2015, 3:13 pm
#1081
Join Date: Feb 2015
Posts: 36
Just got pending on a Marriott app. Is the general wisdom right now to resist calling recon and just wait for the process to run its course or should I just go ahead and call? I have had really good luck with recon in the past (never unsuccessful), and I typically never get instant approvals with Chase. I have opened way more than 5 accounts total in the last 2 years though, so if that is a factor, I may very well be toast.
If they just want me to move some credit around, would they let me know that or would it come as a denial that I would ultimately have to try recon for anyway?
I have low 800s scores and a good income. I currently have 5 personal and 2 biz Chase cards and a good relationship with them. Did not lower any current limits before applying, but I do have a couple that have plenty of room to decrease.
If they just want me to move some credit around, would they let me know that or would it come as a denial that I would ultimately have to try recon for anyway?
I have low 800s scores and a good income. I currently have 5 personal and 2 biz Chase cards and a good relationship with them. Did not lower any current limits before applying, but I do have a couple that have plenty of room to decrease.
Jul 31, 2015, 3:13 pm
#1082
Join Date: Dec 2000
Location: BOS
Posts: 1,461
Thanks for the advice and info, Knowledgeispower and Brewer20. I just called the automated line, and it says I've been approved. Did not expect anything to happen that fast without talking to a human, but I'll take it!
Jul 31, 2015, 3:24 pm
#1083
Join Date: Feb 2003
Location: On strike
Posts: 8,135
Jul 31, 2015, 4:17 pm
#1084
Join Date: Mar 2014
Posts: 197
Update: At day 5 now since application, the automated message has changed from "2 weeks" to "we will notify you in writing of our decision within 30 days". Is this good or bad in anyone else's experience? Does it likely mean they just need information from me for verification and then it will be approved? I am not sure if there is value in continuing to hold out or if I should go ahead and call and talk with someone in verification instead of recon. Thoughts?
Jul 31, 2015, 4:39 pm
#1085
Join Date: Jan 2015
Location: SFO
Programs: PetCo Pals Rewards
Posts: 531
Huh? The wiki should contain statements that are found to be true—not ones yet to be found "untrue."
How about this? "Starting in May 2015, Chase began denying applications for its own branded cards (e.g., Sapphire Preferred, Freedom) and possibly cobranded cards (United, Hyatt, IHG, etc) if the applicant's credit report shows too many opened cards. This amount may be 5 credit cards in the past 24 months.
Will the Cabal allow even theses modest and entirely reasonable modifications? No. Every attempt to make changes is summarily undone. It is not a wiki. It's a manifesto!
How about this? "Starting in May 2015, Chase began denying applications for its own branded cards (e.g., Sapphire Preferred, Freedom) and possibly cobranded cards (United, Hyatt, IHG, etc) if the applicant's credit report shows too many opened cards. This amount may be 5 credit cards in the past 24 months.
Will the Cabal allow even theses modest and entirely reasonable modifications? No. Every attempt to make changes is summarily undone. It is not a wiki. It's a manifesto!
I'm not sure we've seen an uptick in denials for cobranded cards though. While people applying for Freedom/Sapphire/Slate have been given language about '5 cards' I haven't seen a single denial quoting this reason for a cobranded card.
Jul 31, 2015, 5:44 pm
#1086
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,933
I wouldn't be surprised if the number of closed cards in recent times plays as much a part as the opened ones.
Canceling cards soon after bonuses are credited, in some cases 3 months from card approval, canceling by SM, etc., bragging on blogs about it etc., lowering CLs prior to new apps, etc., etc., can't help but hurt approvals.
And I call IMMEDIATELY if it says to, so far its been to verify identity.
Canceling cards soon after bonuses are credited, in some cases 3 months from card approval, canceling by SM, etc., bragging on blogs about it etc., lowering CLs prior to new apps, etc., etc., can't help but hurt approvals.
And I call IMMEDIATELY if it says to, so far its been to verify identity.
Jul 31, 2015, 6:05 pm
#1087
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
I wouldn't be surprised if the number of closed cards in recent times plays as much a part as the opened ones. Canceling cards soon after bonuses are credited, in some cases 3 months from card approval, canceling by SM, etc., bragging on blogs about it etc., lowering CLs prior to new apps, etc., etc., can't help but hurt approvals.
RNE, congratulating you.
Jul 31, 2015, 9:57 pm
#1089
Join Date: Oct 2013
Programs: HH Diamond, Hyatt Diamond, IHG Platinum, Marriott Silver
Posts: 252
No one is insisting the "5/24" policy applies to the co-branded cards. All we are saying is co-branded cards haven't been 100% as easy as they used to be. In the past you could apply for a co-branded card with many recent card open without a problem. Now there is a possibility it will be denied for many recent accounts, but what triggers that denial isn't determined (it doesn't seem to be a hard rule and is probably a number of factors including but not limited to your total credit line with Chase and probably your banking history with them).
Aug 1, 2015, 5:41 am
#1090
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
RNE, channeling the late, erstwhile Jacob Rodney Cohen to say, "I don't get no respect!"
Aug 1, 2015, 6:06 am
#1091
Join Date: Oct 2000
Location: From and of Boston.
Posts: 4,973
Risk in applying when chances of rejection are fair-to-good?
What are the risks/downsides in being rejected for a co-branded card?
I suspect that I'm near my limit with Chase. I opened 7 cards in 2014 (inc. 2 with Chase -- CSP and BA) and 5 more in 2015 (inc United business & Marriott). For the most recent acceptance (UA business), the approval took 10 days -- far longer than any card previously. (As background, I've got excellent FICOs, currently have 4 Chase cards, and tend to put a smattering of charges on each card most months.)
Next on my list is Hyatt now that they've become semi-churnable. If I apply for one this fall and get declined, would that rejection negatively impact my re-applying for the same card in 2016?
Just to be clear: I'm not so much looking for speculation as to whether the application would be successful -- I'm interested in understanding the effects and downsides of a rejected application, beyond the obvious hard pull.
I suspect that I'm near my limit with Chase. I opened 7 cards in 2014 (inc. 2 with Chase -- CSP and BA) and 5 more in 2015 (inc United business & Marriott). For the most recent acceptance (UA business), the approval took 10 days -- far longer than any card previously. (As background, I've got excellent FICOs, currently have 4 Chase cards, and tend to put a smattering of charges on each card most months.)
Next on my list is Hyatt now that they've become semi-churnable. If I apply for one this fall and get declined, would that rejection negatively impact my re-applying for the same card in 2016?
Just to be clear: I'm not so much looking for speculation as to whether the application would be successful -- I'm interested in understanding the effects and downsides of a rejected application, beyond the obvious hard pull.
Aug 1, 2015, 6:36 am
#1092
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
Next on my list is Hyatt now that they've become semi-churnable. If I apply for one this fall and get declined, would that rejection negatively impact my re-applying for the same card in 2016?
Just to be clear: I'm not so much looking for speculation as to whether the application would be successful -- I'm interested in understanding the effects and downsides of a rejected application, beyond the obvious hard pull.
Just to be clear: I'm not so much looking for speculation as to whether the application would be successful -- I'm interested in understanding the effects and downsides of a rejected application, beyond the obvious hard pull.
RNE, with a cloudy crystal ball.
Aug 1, 2015, 10:05 am
#1094
FlyerTalk Evangelist
Join Date: Jan 2005
Location: home = LAX
Posts: 25,933
Please make up your mind, are there multiple reasons churners get turned down or only one? But did all of them start in May, or only one?
Some of us are trying to separate the multiple reasons for denials. Statements which lump them all together (without explaining that there can be multiple reasons for denials) are not helpful IMHO.
And those multiple reasons have to be parsed carefully in datapoints. Not all datapoints have enough information to figure out the real reason for denial. I have seen no datapoints yet which clearly demonstrated that 5 (or so) cards opened at any banks in the past 24 (or so) months was the sole reason for denial for a partner card so far.
Last edited by sdsearch; Aug 1, 2015 at 10:15 am
Aug 1, 2015, 10:14 am
#1095
Join Date: Feb 2003
Location: On strike
Posts: 8,135
- There is no 5/24 rule.
- The 5/24 rule applies both to Chase UR cards and co-branded cards.