If you were approved for five credit cards within the last 24 months, you will be instantly
denied for any new applications with the issuer.
So if you have applied for and been approved for three American Express cards & three Bank of America cards then you'd likely be
denied for a Chase card (affected by this rule) due to being over 5/24.
My United MPE application got denied and that was the second time I got
denied for a credit card application (first was Club Carlson, but US Bank has always been hard on churners).
I was
denied for a Chase BA card last fall after being grilled by a rep about why I have so many cards open and I couldn't possibly need more credit since I barely use what I have.
I got approved for the personal but unfortunately got
denied for the biz bc my business was too new and didn't generate enough income.
Has anyone had a problem with being
denied for either of the cards?
6 Premium Travel Cards that Are Worth the High Annual Fee Immediately
Denied for the Citi Prestige?
How To Handle Getting
Denied For Too Many Credit Inquiries?
Besides the credit requirements, applicants may be
denied for a Chase Ink Business credit card due to too many recent credit accounts.
I had applied for Chase Southwest premier on 6/6 and CS Plus card on 6/8 Was approved for premier, but
denied for plus.
Out of over 30 - something credit card applications, Bank of America is the only bank that has outright
denied me for a new card.
If you read and study the above articles, you'll be able to avoid getting
denied for reasons that are well within your control.
You must include all original packing materials, manuals, and accessories, or the item may be
denied for return, replacement or exchange.
This rule only applies to accounts that were actually opened, so being
denied for a card will not count towards your 5 card limit.
It's one thing to get
denied for a credit card due to the discretion of a banker but it's quite another thing to get denied because you simply violated a well - known rule.
You could have a «perfect» score of 720 but with no established credit history you'd probably get
denied for cards like the Chase Sapphire Reserve and a lot of American Express cards.
This rule is a new rule that Chase usually enforces and what it means is that if you have more than 5 new credit card accounts from any banks in the past 24 months you will be
denied for a Chase card (this doesn't usually apply to co-branded Chase cards like the Southwest, Marriott, etc. yet).
If you are
denied for the Ink + your best bet is to call the reconsideration line (you should always try this line if you're
denied for any credit card) at 1-800-453-9719.
Great Success Wife got
denied for both Chase cards, as well, and I dread asking her to call — she hates -LSB-...]
Others have been
denied for too many new accounts with seemingly identical credit reports, so YMMV.
There can be many reasons to be
denied for a card besides your credit score.
Another consideration is what is known in the industry as the Citi 6/6 rule, which means you may be
denied for a Citi card if you have had six or more hard inquiries on your credit report in the last six months.
If you've been
denied for a business credit card, the reason may be more specific, such as revenue earned, tax filing status or something similar.
If you are
denied for a card, remember to always call the reconsideration line.
If you apply too quickly or wait too long to apply, you may get
denied for various reasons.
Even if you have been
denied for credit by some of the bigger banks, you may have a good chance to get approved for a Discover credit card.
In general, the reasons good - credit applicants get
denied for a new credit card are because of too many recent accounts (such as in the case of churners), or because of a limited credit profile (typically a credit history less than year long).
After reviewing reports online, we found some people who applied for the Chase Sapphire Preferred claim to have been
denied for holding high balances — or debts — on other cards.
If you apply for a card and are
denied for this reason, no amount of pleading with the bank will get your application approved.
However, if you make hundreds of thousands of dollars and happen to be hundreds of thousands in debt, you may still end up being
denied for a card despite the fact that your credit score is excellent and your credit utilization remains below 30 percent.
Once the official application went live, reports flooded in of people being
denied for the card, with Chase reps explicitly citing the 5/24 rule.
Being
denied for too many recent credit applications, however, is a frequent issue faced by cardholders regardless of their credit, such as victims of Chase's infamous «5/24 Rule.»
Auto -
denied for this one.
And you will most likely be
denied for the Southwest cards if you have applied for 5 + credit cards in the last 24 months.
I got
denied for their card but was more relieved than anything after the hopelessly backwards process of dealing with them on the bank account and cc applications.
Chase considers many factors in reviewing your application, however, and your application may be
denied for other reasons.
This is the time that dogs need it the most when they are older and claim after claim is being
denied for our poor Boston terrier.
Making decisions about dog placement in adoptive homes is an art, not a science, and there may be times when applications will be
denied for various reasons.
There may be times when applications are
denied for various reasons.
If you don't vaccinate your dog and it comes down with the associated illness, coverage may be
denied for the related veterinary care.
Be aware that illness coverage may be
denied for preventable illnesses.
Adoption applications submitted through this form may be
denied for various reasons.
You can be
denied for living in an apartment, having a roommate, and even having kids.
Please realize that many times your application may be
denied for a particular dog simply because your home or current lifestyle is not the best placement for the dog you are inquiring about.
This section must be completed thoroughly in order to avoid having a required course marked as deficient and your application
denied for lack of prerequisites.
This means that many applications are
denied for one of several reasons.
Someone with no credit could have a high score (700 +) but be
denied for a loan based on an insufficient history.
Besides the credit requirements, applicants may be
denied for a Chase Ink Business credit card due to too many recent credit accounts.
Another consideration is what is known in the industry as the Citi 6/6 rule, which means you may be
denied for a Citi card if you have had six or more hard inquiries on your credit report in the last six months.
At the end of last year, Ted Michalos and I predicted three types of bankruptcies we expect to see more of in 2018: People will be
denied for debt consolidation and refinancing.