Chase Bank has made it easier for its customers to request credit limit increases without having to undergo a hard credit pull. This means that the bank will not check your credit score when you ask for a credit limit increase. This new policy applies to all requests made through the Chase app or any other platform, and it has been confirmed by an internal memo sent to bankers.
About The New Policy
This is good news for customers who want to increase their credit limit but are concerned about the impact on their credit score. Previously, Chase would always do a hard credit pull for credit limit increase requests. But now, if you are eligible, you can request a credit limit increase through the Chase app without worrying about your credit score being affected.
To check if you are eligible for this feature, you can look for the “Request a credit limit increase” option under “Transfer A Balance” in the Chase app.
Overall, this new policy from Chase makes it easier for customers to manage their credit and increase their credit limit without the fear of damaging their credit score. If you are eligible, be sure to take advantage of this feature and enjoy the benefits of a higher credit limit.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
