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Chase Kills One other Loophole: The Double Dip is Kaput
Chase has been making strikes these days to restrict signup bonuses on bank cards. The newest was the change of the bonus restriction from 24 months to 48 months. Now there’s some extra unhealthy information, however this one will not be a rule change, only a loophole that has been closed.
For a very long time it has been doable to use for 2 Chase playing cards on the identical time to get round some restrictions. For instance should you had been at four/25 it meant that you can solely apply for yet one more Chase card that was affected by the Chase 5/24 rule. By making use of for 2 playing cards directly you’d be capable to squeeze in one other card and get round that rule.
Or one other situation can be for playing cards of the identical household, that are restricted to at least one bonus for each 24 or 48 months. By making use of for 2 playing cards directly you can get the bonus on two playing cards of the identical household.
Chase Double Dip is Useless
primarily based on current information factors, this loophole has been closed. There’s loads of studies on Reddit and Physician of Credit score displaying that Chase is manually reviewing these functions and shutting one of many playing cards. In some circumstances Chase is simply closing one of many playing cards with out consulting clients in any respect. In different circumstances you get to decide on which card you wish to hold.
This was a very good alternative to squeeze in an additional software with Chase. Plainly it’s now not doable in any respect. So it could be safer to only apply for the cardboard you wish to keep away from getting caught along with your second alternative if Chase simply decides for you which ones card to shut.
Have you ever tried this just lately? Tell us within the feedback!
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