20d • General Discussion
🔑 Chase Has a 5/24 Rule That Will Automatically Reject You — No Matter How Good Your Credit Is
If you've opened 5 or more personal credit card accounts across ALL banks in the last 24 months, Chase will deny you automatically. It doesn't matter if you have an 800 score, perfect payment history, and $200K in income. Their system flags it and you're done. This rule applies to almost every Chase card including the Ink Business cards, Freedom, Sapphire, and United cards. The frustrating part is they won't tell you this is the reason. You'll just get a generic denial letter and waste a hard inquiry.
This matters more than most people realize because Chase offers some of the strongest business credit cards for entrepreneurs. The Ink Business Unlimited and Ink Business Preferred both report only to your business credit profile, which means they don't increase your personal utilization. They're powerful tools for building business credit and accessing capital. But if you burned through your 5/24 slots opening store cards and random rewards cards, you've locked yourself out.
Here's how to play it smart 👇
✅ Before applying for ANY new card, count every personal account opened in the last 24 months across all banks
✅ Authorized user accounts count toward 5/24 too, so remove old AU tradelines before applying
✅ Prioritize Chase cards FIRST in your credit stacking strategy, then move to Amex and others that don't follow this rule
✅ If you're over 5/24 right now, wait it out because the oldest accounts will start falling off the 24 month window
How many of you have been denied by Chase and had no idea this was the reason?
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🔑 Chase Has a 5/24 Rule That Will Automatically Reject You — No Matter How Good Your Credit Is
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