aza72

So 5/24 seems to not be as rigid on business cards. (Or maybe 5/24 is over!?)

To answer your question though, no harm in asking chase to move credit around, though it can be more difficult to move between Personal and Biz. Just send them a Secure Message through the app and see what they can do.

mhdena

I know a lot of people like to regurgitate and repeat what they repeatedly read, but there's enough real examples of hotel and airline cards being denied also.

So unless you can produce a copy of the memo on Chase letterhead, there is no exemption.

jsk1973

Why did you chop off the second part of my sentence and then reply as if that part of my comment didn't exist?

Plenty of people who aren't subject to Chase's 5/24 rule simply aren't eligible — under regular underwriting standards having nothing to do with 5/24 — for a credit card, or an additional credit card. This has been true in the credit card world for decades.

TMM1982

So then please explain why Chase approved my Hyatt card just 2.5 months ago after I recently an app-o-rama totaling 9 cards? And I've easily applied for and been approved for 20+ cards in the past 18 months.

MarkMColo

On the other hand, there are so many real examples of Chase co-brand cards being approved with many more than 5/24, that it is actually quite clear that no 5/24 rule applies to these cards. There are many other reasons Chase may decline an application, especially the folks who impatiently call in rather than riding out the pending status to approval.

trouble747

No issues in my household being approved for co-branded cards, despite both of us being well over the 5/24 limits.

BOSOGG

They read your posts in the "MR (USA) account balance suddenly increased 2X - 10X" thread and wanted a piece of your action?

TMM1982

Good point

gap4jason

So does being an AU hurt you? My wife and I are AUs for each other's accounts so we can use the cards as needed especially during the time when we have to meet min spend. Plus, in some cases, having an AU gets you extra points.

I recounted my cards and have also counted the times my wife made me an AU:

Total # of new credit cards = 16
- With me as Primary Cardholder = 9 (3 are with Chase - Slate, United, Marriott)
- With me an an AU under my wife's accounts = 7 (4 are with Chase - Ink, Freedom, Sapphire, Hyatt)

Should I rethink about being an AU? Is this hurting me more?

Also, not sure if this is the place to ask, I'm trying to identify other Chase co-branded cards that might be worth applying for? Aside from the ones I mentioned, I can only think 2 others - IHG, and Southwest for companion fare?

Thanks everyone!

gap4jason

After posting, I found this up above which gives me an idea of the other co-branded cards.

Marriott Premier Visa
IHG Rewards Visa/MC
Hyatt Rewards Card from Chase
Chase BA Visa
United MileagePlus Explorer Card; business card
United MileagePlus Club Card
Chase Amtrak Guest Rewards Mastercard (discontinued on Sept. 30, 2015)
Chase Amazon Visa

pashber

Per messages 2244 and 2245 (12/16/15):

"You can argue your way (or his way) thru the supervisor level on the AU accounts. Until he succeeds in doing so, he has way over 5 accounts opened in the past 24 months. Simple math."

Ok, a new data point which questions the above conclusion. Received a letter from Chase requesting a call in. Turns out that the app was placed in pending status because of an incorrect SSN. After providing the correct SSN and answering some questions, DH was approved for a $32K line with Sapphire. The AU status on the other cards did not hurt.

Did not ask whether this account would qualify for the 50K bonus. Will wait until the new card arrives sometime next week.

spencerformiles

The Freedom, Sapphire, and Inks are NOT co-branded. Since they were in the list you shared, I want that to be clear.

sdsearch

Where did you hear that rumor?

I always said "charge cards may not count", because Diners Club charge cards have never to date reported to any credit bureaus. "May not" is totally different for "don't"!

The point about some charge cards not counting was not because Chase wasn't counting them, but simply because they're weren't coming up on the credit reports that Chase was pulling.

Chase counts whatever they see, but if they can't see a charge card or a business card because it doesn't report to the credit bureau that Chase pulled, Chase can't count it. It's that simple.

It's just that not everyone has an up-to-date copy of whichever credit report Chase just pulled in front of them, so we explain that charge cards and business cards from other banks might not count.

Huh? Have not read the Wiki? It clearly says:
For months we've figured out that 5/24 doesn't apply to business cards (on which you don't call, anyway), nor to personal partner cards (on which you don't call, anyway). That's based on no one having gotten a written rejection for a business card or a personal partner card which mentioned 5/24.

People do get rejected for business cards and personal partner cards for vairous other reasons, and phone agents (if you're silly enough to talk to one) are known to "make up" reasons for rejections (because they don't have access to the real reasons necessarily). So data points based on what a phone agent said should be taken with a whole shakerful of grains of salt.

Please learn the real known "rules" of 5/24 before you start jumping to conclusions about what has changed!

They are exempt from 5/24. They are not exempt from a zillion other reasons for being denied, but you don't get useful results by mixing all reasons for being denied together as if the exact reason was irrelevant.

We know they're exempt from 5/24 because no one has ever reported a denial letter for a Chase hotel or airline card listing 5/24, while they have reported plenty of denial letters for CSP and Freedom listing 5/24. It's the pattern of who gets 5/24 mentioned on the denial letters on Chase letterhead and who doesn't get 5/24 mentioned on the denial letters on Chase letterhead which are the basis for figuring out what 5/24 does and doesn't apply to.

We'll never know anything if we wait for Chase to make official statements. But by doing crowdsourced data collection correctly, we can figure out a lot of things without official statements from Chase.

scoft

Went in to my branch today and applied. Was declined. Said the reasons were opened CSP and Chase United in the last 60 days, which is true, and my business has no credit history. I explained it's a sole prop, and is registered with State, didn't matter. They asked if I had any other credit for the business I told them the only loan I ever had was paid off about 15 years ago. They said sorry, no business credit to report or look at and stated business income isn't enough. Sigh...

gap4jason

You're right...thanks for the clarification.