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hey guys it's a bastion from a stubby and today we are going to talk about combining hard inquiries in the different rules for different issuers so we did - a frequently asked questions video a few videos ago so I'd recommend watching that one and there's also another one talking about how to actually do it if you are a bit confused about it but today we are going to talk about the issuer specific rules one of the reasons why I decided to split this is just because these rules can change moving forwards so if there is a change it's probably going to be pinned down below in a new video the first group of issuers are going to be the ones where you either cannot combine hard inquiries are based off other rules it just doesn't work out that way here we have Barclays city as well as discover so for most of them it's either that they don't combine hard enquiries anymore maybe they used to in the past Barclays are based off how the application rules work it's just impossible so city as well as discover they both have rules that kind of limit your ability to double dip both discover you can only get approved for a new card once every year and in reality I think it's about 13 months or 14 months so you can't really double dip because if you apply for the second card it's automatically going to get rejected well city they have a one in a draw meaning that again you can only apply for one card every eight days the second one's automatically going to get rejected moving on to the issuer's where you can double tap two cards here we have Bank of America Chase as well as US bank well Bank of America they have a two three four role meaning that you can get approved for two of their cards every two months three cards every 12 months and four cards every 24 months depending on how many Bank of America cards you've applied for recently this means that you can typically apply for two cards you can't apply for three because again two cards in two months if you are going down the Bank of America route I think there are kind of two plays you can do so people looking to redeem for first-class and business-class going for to Alaska cards on the flipside if for someone after cash back and playing the long game there is a two card endgame system that we've talked about in another video moving on to Chase we have the two and dirty roles so again you can get two cards in a 30 day period I would not recommend doing this if you are very early on so again if you don't have at least one year of history on your oldest car trying to double-dip is probably a bad idea and you're probably going to get rejected you'd probably want at least one chase card with maybe a few months of history before trying to double-dip your mileage may vary by talking to a lot of people doing a lot of consultations on our website you typically need about one year of history before getting that Chase Freedom Card or Chase Freedom unlimited and then a few months of history with that card before you can get the next car door before you double-dip on the flipside if you are someone who has a lot of chase cards especially if you have very high limits with them I would recommend also not double dipping as well because they are kind of worried about bust out meaning that they have shut down people for being too aggressive of stuff like credit limits as well as behavior that looks risky this kind of means that the opportune time to do any double dipping in terms of combining hard inquiries is going to be if you have to say maybe five or six chase cards well if US Bank again kind of the same idea you can do two cards one thing to be aware of though of US Bank is that they are very new accounts and incredibly sensitive so among a lot of the other issuers that we've talked about they're kind of more risk-averse than everyone else this means that even though you could do a combined hard inquiry it might not make sense because it might be risky so I guess it depends on whether you have any other US bank cards if you have nothing then I guess there's nothing to lose there by double dipping but if you already have an account with them or maybe you already have two then I think it might be a bit too aggressive I'd probably only go for one in that case moving on to issue where's where we can combine multiple cards we have American Express Capital One as well as Wells Fargo both American Express I think this is going to be the more interesting one just because there are some other specific roles and again because of American Express and a lot of the other point programs you can get more outside value meaning that you can redeem it for significantly more points than just a few hundred dollars so if American Express even that you can combine multiple cards you typically can only get one credit card on one day so when people combine multiple cards they're getting one credit card and maybe one charge card or two or three charge cards this is not a hard rule dough so they're having some people who've been approved for two credit cards on the same day but I think it's not really as likely one other benefit of American express is that if you already have a council of thumb and you do another application even if it's rejected they typically do not do another hard inquiry because they don't really need to so this is pretty good because you're not going to get an inquiry unless you already have an account unless you get approved and even if you do get approved through have them some data points where people still don't get the hard inquiry so you might be thinking to yourself why would someone want to apply for that many American Express cards I think the main reason is again maybe you're grabbing something like the Hilton ascends card or the Hilton card or the Delta card there's a lot of different options there and then you are trying to hit a lot of minimum spend because you have a big expense coming up again the main point of double dipping for the most part is you have a really big expense and you want to hit the minimum spends and you don't want a second inquiry in a week this typically means you're getting one of the credit cards again there's a lot of different options and then probably getting the Platinum card as well as the PRG card to me this is more of a mid game or endgame strategy depending on how you want to play it so again if you're under five twenty-four I feel like there are other better options don't really worry about this for now given all of these rules and given kind of the meta game that we have going on here I think the only issuers that make sense double dipping are going to be Bank of America Chase as well as American Express at the end of the day your mileage is going to vary though depending on what you're optimizing towards so do what makes sense for you so I hope that was helpful and let me know if you have any questions my question for you guys is what's been your experience combining hard enquiries let me know in the comments down below if you like this video give it a thumbs up it really helps us out and if you know anyone else to benefit from what we just talked about feel free to share this video with them because it's probably going to help them out otherwise hope you guys liked it see you guys next time [Music]