Sounds like you should be okay to try for a Chase Biz card, if you are under 5/24 and can meet the $7,500 MSR. You could use the $750 from the SUB to pay down the debt. If you did that every three months you could have an extra $3,300 to pay off debt in a year.
So - I got a Citi card about a month ago. That means I could do 4 Chase applications to fit within the 5/24?
I'd say @SouthFayetteFan is one of the best at new card pacing, but I think you can apply after the Citi card is over a month old (as reported by credit bureaus ... see CreditKarma suggested above). But I'd say after that, you should generally space cards out to every 3 months, to be safer. And you are correct that you have 4 more cards to go before hitting 5/24 Chase status.
Sorry that happened. I think we tend to blanket say that most biz cards don't effect personal reports, but the notable exception is a delinquent account. And then of course, once it's there, it's there. I think what I've read is most issuers wait until it's a more serious delinquency before resorting to report it on a personal report, like 60 days late rather than a few days, but it can happen.I wanted to share an experience I had recently with Chase. I had applied for a Chase card and was denied due to 5/24, which didn't make any sense to me because I should only have been 4/24. I rec'd a copy of my credit report from freecreditreport.com (thanks @miztressuz for that tip) and it turns out they were counting a CIP card from 2019. This didn't make a lot of sense to me, so I called and spoke with a Chase credit specialist who explained that it was because that CIP had been past due for 3 months (last year) then it was reported as an account on my personal credit account.
The reason that card was past due for 3 months was because I had closed it when the AF was due (was going to pc it but I had reduced the CL and didn't leave enough to PC to another Ink card) and there was a small balance ($65 or so) on the card at the time.) The account disappeared from my Chase biz login, so I lost track of it and didn't realize there was a balance. For some reason I had chosen electronic statements instead of my usual paper statements, and so I didn't get those statements in the mail to alert me that there was a balance. I only realized it when I got a call from Chase about it. They ended up removing the late fees and I only paid the original amount plus a small amount if interest.
I fully accept I made a big mistake with this situation in not tracking better that there was a balance and not paying it before closing the card. I also am thinking about signing up for some type of budgeting site that pulls all of your balances into one place (that's a thing, right? Any suggestions on that are appreciated). But I also always pay my cards on time and thought I was being careful and doing the right things along the way, so I wanted to share this situation as a reminder to be extra careful and diligent in checking balances and payments.
Sorry for the super long post, but I hope this helps prevent issues for other people in the future!
The Biz cards do not add to the 5/24 count. Only personal cards do for the most part. So if you get a CIC, you will still be 1/24. But if you get a Chase Sapphire Preferred that would put you at 2/24. Most of us get Biz cards because they have nice bonuses and don’t add to our counts. They do add to your total credit though. So if you had 20k at $100k (20%) and got a CIC at $5k, you are now at 25%.
If that’s the only card you’ve opened in the last 24 months you would be at 1/24. If you were to apply for the Chase ink cash (CIC) today you would still be at 1/24 as Chase business cards don’t add to your */24, but you still need to pace yourself. The minimum spend requirement (MSR) for CIC is $7,500 in 3 months, depending on how fast you can meet that will help set your pace, but since you have a P2 (spouse) that will help pace you.
Hi there - I'm a newbie, too! I've got the Chase Amazon card, and while it's fine for giving me cash back on Amazon purchases which I'll make anyway, as well as the occasional stop at Whole Foods, the SUB bonus is pretty close to non-existent. I think you get something like a $25 Amazon gift card or something. Keep that in mind when you're making your decision. If I was choosing as part of a churning strategy, I'd probably skip that card.
How strange! I use a Macbook Pro (not ancient, and I have those "headlines" on the right). What browser do you use? This is what my screen in Chrome looks like.Ok.....I switched back to my (old,ancient elderly) macbook.... on this I have nothing on the right side, the thread is the entire width of the page....on the pc, depending on the size of the zoom, it's either 1/4 of the page,could be more. to get rid of it I have to zoom to about 200% which I can't do bc then the text is hugefirst world problems I know. I've decided to keep on using my old mac for everyday personal stuff,and just use that pc (which I don't like very much) for zoom etc (and things that require a fully working computer). My situation is this- the macbook is at least 10,but I love it. The pc laptop was free form DH's job,and it's strange transition to go to a windows application.
I like the “commercials”
I'd make the fun memory and stay until Saturday and either hang in the Keys or drive up to Disney.So I took my DD17 on a mental health long weekend to the keys. Our flight back to Ohio is Tuesday. Looking at the forecast I’m thinking WHY. Why go back on Tuesday. Do I think she will have school at all next week? Maybe 1 day. Two at the most. What would you do? I decided to book flights for just in case scenarios. One for Wednesday and now one for Saturday morning. She’s begging me to take her up to Disney.
Nice! Which resort are you at? We’ll be there next month. Hopefully the Disney crowds die down. Fri was busy and yesterday and today were even worse. Epcot at capacity when there is basically nothing there...So I took my DD17 on a mental health long weekend to the keys. Our flight back to Ohio is Tuesday. Looking at the forecast I’m thinking WHY. Why go back on Tuesday. Do I think she will have school at all next week? Maybe 1 day. Two at the most. What would you do? I decided to book flights for just in case scenarios. One for Wednesday and now one for Saturday morning. She’s begging me to take her up to Disney.
We've been at the Hampton inn in Marathon for two nights and we're going to Baker's Cay tomorrow. I figured it would be pretty busy at Disney this weekend but maybe it won't be as bad during the week this week? Still not sure what we're doing. It shouldn't be a problem to decide Tuesday morning.
So I took my DD17 on a mental health long weekend to the keys. Our flight back to Ohio is Tuesday. Looking at the forecast I’m thinking WHY. Why go back on Tuesday. Do I think she will have school at all next week? Maybe 1 day. Two at the most. What would you do? I decided to book flights for just in case scenarios. One for Wednesday and now one for Saturday morning. She’s begging me to take her up to Disney.
Sounds wonderful! I want to look into a Hyatt card, would love to plan a trip to Hawaii in 2022.
