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| Name | The Chase 5/24 Rule: Everything You Need to Know |
| Video Uploader | Video From Thrifty Traveler |
| Upload Date | This Video Uploaded At 27-03-2020 14:18:25 |
| Video Discription | Chase has one of the most important and restrictive policies when it comes to applying for and opening credit cards. It's called the Chase 5/24 Rule. Click "Show More" to see our ad disclosure and to keep reading. Here's how this rule works: Every time you open a new credit card, it gets counted on your credit profile. Chase wants to make sure that the new credit cards it's issuing aren't going to people who have cycled through a bunch of cards. So Chase implemented this unpublished rule. If you've opened more than five credit cards - from any bank, NOT just Chase) in the last 24 months, you won't get approved for a new Chase credit card. Nearly every Chase credit card you can apply for now requires that you fall under this threshold. That means your best bet when getting started with credit cards is to focus on Chase ... before it's too late! What doesn't count toward your 5/24 count? Business credit cards, mortgages, personal lines of credit, and more. Credit inquiries that don't result in an approval also don't count. Read more about the Chase 5/24 Rule: http://ow.ly/VCvx50yXzLI This video contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Thank you for supporting Thrifty Traveler. Learn more about the Chase Sapphire Preferred here: https://thriftytraveler.com/go/CSP Learn more about the Chase Sapphire Reserve here: https://thriftytraveler.com/go/CSR The content in this video is accurate as of the posting date. Some of the offers above may no longer be available. Stay up-to-date with the latest in cheap travel with our free newsletter: https://thriftytraveler.typeform.com/to/Ke5dVU |
| Category | Travel & Events |
| Tags | chase 5/24 | chase 5/24 rule | chase 5/24 rule explained | chase credit cards | chase 5/24 strategy | credit cards | travel hacking | thrifty traveler |
