BAD NEWS! NEW Chase Application Rules (Signup Bonus Eligibility)

New Chase application rules have gone into effect! Some rules apply to select credit cards while others apply to ALL credit cards. Learn what you need to know! Click “Show More” to see Ad Disclosure.

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PART 1: NEW SIGNUP BONUS RULES - SELECT CHASE CO-BRANDED CREDIT CARDS

a. WORLD OF HYATT CREDIT CARDS - ALL (Personal & Business): If your account is not open for at least three months, Hyatt and Chase reserve the right to deduct the Bonus Points from your World of Hyatt account. Cards affected include:
- World of Hyatt Credit Card
- World of Hyatt Business Credit Card

b. MARRIOTT BONVOY BOLD CREDIT CARD ONLY (Does not apply to Marriott Bonvoy Boundless Credit Card): If your account is not open for at least six months, Marriott and Chase reserve the right to deduct the bonus points from your Marriott Bonvoy account. Cards affected include:
- Marriott Bonvoy Bold credit card

c. UNITED CREDIT CARDS – ALL (Personal & Business): If your account is not open for at least six months, United and Chase reserve the right to deduct the bonus miles from your MileagePlus Program account. Cards affected include:
- United Gateway Credit Card
- United Explorer Card
- United Quest Card
- United Club Infinite Card
- United Business Card
- United Club Business Card

d. IHG CREDIT CARDS – ALL (Personal & Business): Chase may close your credit card account or suspend your right to use your credit card account, at any time for any reason, including account inactivity. Cards affected include:
- IHG Rewards Traveler Credit Card
- IHG Rewards Premier Credit Card
- IHG Rewards Premier Business Credit Card

PART 2: NEW SIGNUP BONUS RULES - ALL CHASE CREDIT CARDS (Including ones that earn Chase Ultimate Rewards points)

a. Chase cardmembers who currently have or have had a Chase credit card in any Rewards Program associated with this offer, may not be eligible for a second Chase credit card in the same Rewards Program.

b. Chase cardmembers currently receiving promotional pricing, or Chase cardmembers with a history of only using their current or prior Chase card for promotional pricing offers, are not eligible for a second Chase credit card with promotional pricing.

RECOMMENDATIONS

1. Keep all credit cards open for 1 full year or longer. This goes for Chase credit cards and cards issued by all other issuers.

2. How Often Should I Use My Credit Card? Use all open credit cards at least once every 6 months to prevent account closures due to inactivity. Consider using Chase cards even more frequently if you plan to get 2+ credit cards that earn the same type of rewards (Example: 2 United Credit Cards, 2 IHG Credit Cards, 2 Chase Credit Cards that earn Ultimate Rewards points, 2 Southwest Credit Cards, etc.)

3. Don’t game the system. Getting credit cards for the signup bonus & then canceling or downgrading shortly after may increase your risk of the account being frozen, shut down, and/or points being taken back. Translation: Avoid credit card churning & avoid credit card manufactured spending. Credit cards ought to be used as if they were a debit card, so spend only the money that you'd normally spend on your regular expenses (and for which you have cash in your checking account to pay off your bill in full).

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🔹Chase Sapphire Preferred Review 2022: https://youtu.be/xePTy2oUM6A

🔹Chase Sapphire Reserve Review 2022: https://youtu.be/WJLanmuPmoQ

🔹5 Reasons Why You Need Chase Credit Cards: https://youtu.be/StW0TcErRmY

🔹Chase 5/24 Rule Explained: https://youtu.be/muJEN8C86JY

Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.

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