No, Barclaycard Hasn’t Introduced A New 24 Month Rule

Yesterday Points With A Crew posted an article titled ‘Uh oh? Just declined for a Barclaycard card for “Too many cards opened in the last 24 months”‘ and there was some speculation that Barclaycard might have implemented a new rule similar to Chase’s 5/24 rule that would auto deny you if you’d opened too many accounts in the last 24 months. Barclaycard hasn’t introduced a new rule and this is something Barclaycard has been doing for some time (denying people with too many new cards in the last 24 months).

The reason that 24 months is somewhat significant is that inquiries for new credit stay on your credit report for a period of two years (or 24 months) so it’s easy for card issuers to look at this number (interestingly Chase bases their rule on the number of accounts opened within the past 24 months rather than the number of hard inquiries). Barclaycard doesn’t have a hard limit on how many cards/inquiries you can have had in the past 24 months and this denial reason definitely isn’t new.

It’s also important to remember that Barclaycard pulls your TransUnion credit report  in most cases and depending on where you live and what cards you apply for this is likely to be the least used credit bureau and therefore a denial due to excessive inquiries is less likely (this is one of the reasons that Chase looks at accounts opened rather than inquiries as new accounts will appear on all three credit bureaus whereas inquiries will only appear on the credit bureaus where a report was pulled).

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Ivan X
Ivan X (@guest_542824)
December 28, 2017 14:31

On a related (but not the same, as it’s not based on total cards) note, there’s language on the Aviator page that says you may not be eligible for “this offer” if you closed the same card within 24 months. This isn’t present on their other card pages, and it’s not clear to me whether that means you’re ineligible for the bonus, or the card entirely. I also have been told multiple times by their recon dept that there is a “recent” policy for many of their cards that makes one ineligible to reapply for a previously held card until 24 months following closure; many DP’s suggest this is not applicable to everyone (but it applies to me for my JetBlue Plus and Biz). Full deal here: https://www.reddit.com/r/churning/comments/7m9ofz/psa_barclay_has_a_new_systemwide_rule_that/

Renee
Renee (@guest_469896)
September 1, 2017 13:52

Denied for Arrival today even after recon. Only reason according to them, too many new accounts in 24 months. (Only 2 hard inquiries on TU)
I’m 7/24 and my most recent card was in April? 771 score.
I’m bummed out. Feeling rejected 😫

Vinsanity
Vinsanity (@guest_475055)
September 11, 2017 19:53

I’m 15/24 and got rejected for same reason, on Arrival app.

Sexy_Kitten7
Sexy_Kitten7 (@guest_461583)
August 19, 2017 03:10

There is a typo: “a denial due to excessive *accounts* is less likely” should say HPs.

Steven
Steven (@guest_458432)
August 14, 2017 12:22

I just got approved for the Barclays Arrival this morning and I’m 8/6 and had no problem. And yes that’s 8 cards in the last 6 months. 3 Chase, 2 AMEX, Discover, CITI, and some stupid gas card. I’m sure what helped me is they pulled TU and I only had 2 pulls on TU from Chase in the last 24 months although they could clearly see my new account spree. No, they don’t have a new limit lol

Peter S
Peter S (@guest_457838)
August 13, 2017 04:44

In Chicago, Chase, BOA and Barclay use Transunion.

Mj
Mj (@guest_457792)
August 13, 2017 00:56

I’m on my 3rd Hawaiian in 2.5 years. Just got the 3rd bonus

Harman
Harman (@guest_457758)
August 12, 2017 23:30

I was just denied today for too many new accounts in the last *12 months*. Didn’t bother trying to HUCA with recon given Barclaycard’s reputation.

I only began churning last September, so that is probably why I didn’t get the 24 month language. Either way, it is annoying and was a waste of a pull (even if it was just TU).

Ryan
Ryan (@guest_458371)
August 14, 2017 10:05

I’ve ready on a couple of other discussion boards that Barclay can be VERY sensitive to new accounts. If they were a person, I’d think they had severe jealousy issues 🙂 I’ve been fortunate (knock on wood) that in the year I’ve had my Arrival+ I’ve opened a couple of new cards, an overdraft LOC, and a new lease and they haven’t given me the dreaded CL slash yet.

Dave P
Dave P (@guest_457682)
August 12, 2017 21:33

Chase pulls Transunion for me every single time. Maybe it’s a Michigan thing, but my Transunion pulls are way higher than my Equifax. It’s a little frustrating when so many writers online indicate that Transunion is the least used for hard pulls. Simply not true, at least in my experience.

AL
AL (@guest_457701)
August 12, 2017 22:21

The same issuer will use different credit reports in different parts of the country. In the Northeast many people get hit hard on Experian. There is a pretty useful credit pull database on creditboards.com. if your trying to “even out” your pulls on different credit reports, this may help as you can search by issuer and state. There is only so much you can do though if chase, Citi and amex are hitting you on the same one.

Abey
Abey (@guest_457755)
August 12, 2017 23:28
  AL

Well said. I live in NY and all my inquiries for Chase, Amex, TD, FNBO and US bank are on Experian.
My Citi is split between Experian and Equifax.
And my BOA is split between Experian and TU.
All my Barclays is on TU aside from 1 Inquiry on Experian.

Steven
Steven (@guest_458340)
August 14, 2017 08:54

I’m in Wisconsin and with Chase they always pull Experian AND TransUnion for me. Have 3 cards and so far haven’t been denied but it’s interesting to hear of the different pulls depending on where you live. Maybe someday someone will win a Nobel Prize in Economics when they figure out how Chase decides which bureau to pull for which person lol

Ryan
Ryan (@guest_458365)
August 14, 2017 09:57

I’m from WI originally, and it seemed to be very TU-heavy there. CA is very EX leaning, but for my last couple of apps Chase has pulled EX and EQ both. Barclaycard pulled TU for the approval, but I’ve seen them SP the other 2 for account reviews.

Electroman
Electroman (@guest_458364)
August 14, 2017 09:56

I’m in Wisconsin, and almost all of my pulls are on TU. All local CUs etc pull there, US Bank, Wells Fargo, etc. The only banks that stay away from TU here are AMEX and Citi, both of which pull EXP. Chase, those bastadges, pull TU *and* EXP for any inquiry of mine. I’d love for someboady to pull EQ – it hasn’t had a pull in years.

Steven
Steven (@guest_458500)
August 14, 2017 14:16

I got Discover in April, I’m in Wisconsin and they only pulled EQ. Maybe Look into a Discover Card with 10% back catagories the first year. Great card.

Abey
Abey (@guest_457653)
August 12, 2017 19:23

This post is well said.
I was denied a Chase AARP for having too many new accounts. (19/24)
And ye my Experian has 41 Inquires, Trans Union 8 and Equifex 6. So since i know Barclays JB will pull TU i might have a chance.
Also Barclays is looking if you put spend on their cards. As you can read here more and #14

https://www.doctorofcredit.com/things-you-should-know-about-barclaycard/

Tom
Tom (@guest_457617)
August 12, 2017 17:56

Same experience, wyndham yes and 8 months later arrival no