Your companion is now free to move about the country | Ep230 | 11-25-23
Frequent Miler on the Air
Understanding the 5/24 Rule for Chase Credit Cards
In this chapter, they discuss the 5/24 rule, which states that if you have signed up for five or more cards with any bank in the past 24 months, Chase is likely to deny your application. They emphasize that being under 524 increases your chances of approval. They also mention that Chase evaluates your 524 status based on your credit report, specifically looking at new accounts rather than hard pulls.
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