For some time it’s been possible to apply for two Chase cards on the same day to avoid certain rules. It looks like these double dips are no longer working and Chase is manually reviewing these and denying applicants one of the cards. Sometimes the applicant has been able to choose the card they want to keep and in other cases Chase is the one doing the choosing. The most common double dips have been:
- Chase Sapphire Preferred/Reserve. You’re limited to the sign up bonus once every 48 months on either of these cards (e.g getting the bonus on the Reserve makes you ineligible on the Sapphire).
- Southwest Cards. Same as above, but 24 months instead of 48. This makes it impossible to get the Southwest companion pass with just personal credit cards. You can still do one business, one personal.
- 4/24. If you were sitting at 4 new cards within the past 24 months you could apply for two Chase cards and get approved for both. Now the second card will be denied.
Hat tip to /r/churning & duffcalifornia
