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Author - Sam
Updated: January 10, 2024 | Credit Card Review With the card_name, you will get 2 good things automatically as the months go by. First, your interest rate will automatically be evaluated each year for a 2% reduction if you pay on time, and spend a minimum of $1,000, each account anniversary. The reduction will go on until you reach the Prime Rate plus 9.74%. The second good thing, you will automatically be considered for a credit limit increase after spending $500 or more within the first six months.
- Chase 5/24 rule: Chase will decline an applicant that has opened 5 or more personal cards (other issuers included) in the past 24 months. Hence, 5/24 rule
- Max cards: You can get approved for up to 2 Chase credit cards in 30 days. Business cards and personal cards are counted separately
- Apply for two cards: If you apply for one Chase card and get approved, it is recommended to apply for a second card since Chase is very good about approving for two cards, even within the same day. If the first application is still pending, wait for it to be approved before you apply for a second card
- Credit bureau: Chase Bank will usually pull your Experian credit report
- Combining same-day credit inquiries: Some data points suggest that credit inquiries for all Personal Chase cards for same-day applications will be combined; also, credit inquiries for all Business Chase cards for same-day applications will be combined. Credit inquiries for Personal and Business card applications will not be combined.
- Check application status: You can check your application status at Chase.com / Customer Center / Check my app status or call 1 888 338 2586
- Reconsideration: If declined you can call 1 888 609 7805 to be reconsidered
Quickest way to get my card: You will be able to add your new card to your mobile wallet immediately after you get approved (it can sometimes take up to an hour for it to show up in your online login). You can also request Chase to overnight your physical card by calling Chase customer service.
Approval Monitor (submitted by HelpMeBuildCredit users)
Credit limit range $500-$12,000
Avg. Credit limit$6,582
Disclosure: These results are based on information submitted by HelpMeBuildCredit users. Credit card approval results are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Neither HelpMeBuildCredit nor the bank advertiser's take any responsibility on the accuracy of the information.
HelpMeBuildCredit credit ranges are a variation of FICO®️ Score 8, one of many types of credit scores lenders may use when considering your credit card application
- Balance transfer fee: Intro fee for 3% or $5, whichever is greater for transfers completed within the first 60 days. After that, your fee will be 5% or $5 of each transfer
- Balance transfers must be completed within 60 days of account opening
- Beware: If you make a late payment or a payment is returned then a penalty APR may apply and you may lose the Intro APR Offer
Secondary coverage on rentals for personal purposes. Coverage is for rentals up to 31 days.
New! Get a $10 Instacart statement credit each quarter plus a free Instacart+ membership for 3 months
Get an additional year added to your original manufacturer’s warranty time. (Will only cover if the original warranty is for 3 years or less).
Get refunded if your purchase is damaged, or stolen for up to 120 days from the date of purchase. Max $500 per claim $50,000 per year.
Chase will dispatch you assistance for free, but you will need to pay the service fee.
