Re:Who Pays for Your Rewards? Redistribution in the Credit C...
by throwaway589275 on Tuesday January 24, 2023 @08:37AM
(#34503361)
> Chase has a hard 5/24 rule where you can’t have opened more than 5 cards with any issuer within 24 months. But that doesn’t include business cards.
I've never been able to get a Chase card.
> You also have to space credit card applications out. It also helps that I have a long credit history. I opened my first card in 1996.
I think I applied for too many at once. Also I take advantage of those 0% introductory APRs and run a balance (only paying the monthly minimum for the duration, and paying the remainder as one lump sum before it expires), which adversely affects my score.
I've never been able to get a Chase card.
> You also have to space credit card applications out. It also helps that I have a long credit history. I opened my first card in 1996.
I think I applied for too many at once. Also I take advantage of those 0% introductory APRs and run a balance (only paying the monthly minimum for the duration, and paying the remainder as one lump sum before it expires), which adversely affects my score.