New Tool Tells You Eligibility for Sign-Up Bonuses on Some Chase Cards
In 2018, American Express rolled out a new tool to show consumers if they would be eligible for the welcome bonus on a new credit card application. It was a smart addition, as it gives you the power to decide whether it’s worth applying for a new credit card – and a hard credit inquiry.
And it appears Chase may be following suit. Doctor of Credit reports Chase is slowly rolling out a tool of their own. Currently, this tool only appears when applying for any of the co-branded Marriott cards. And it isn’t clear if this will eventually be expanded to other cards.
How the Chase Pop-Up Works
I tried this out for myself by applying for the Marriott Premier Plus Business card. I knew I wasn’t eligible for this card because I already have the Starwood Preferred Guest card. After submitting the application, I get the following pop up message:
The notification tells me that I am not eligible to get the card and that Chase has not yet performed a credit check. I then have the option to withdraw my application without a hard credit inquiry.
Big sign-up bonuses are a key factor in deciding whether or not to apply for a new points and miles credit card. And working out whether you’ll be able to get that big welcome bonus is not always easy – especially with Chase.
Chase is the most restrictive bank when it comes to getting approved for credit cards. Between their infamous 5/24 Rule and the restrictions around the Marriott cards, it can be confusing and downright frustrating. I hope this pop up rolls out to other card offerings soon as it would put even more information in consumers’ hands.
Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.