I’ll expand on mia ‘s excellent concise summary by suggesting there are two separate pacing (aka “velocity”) factors.

The first is for Chase itself. IIRC, Chase takes a very dim view of anyone who a) applies for more than one Chase business card in 30 days or b) applies for more than two Chase cards of any type in 90 days.

Second, Chase is also going to look at your other newly issued cards. If your 4/24 includes three reported cards from BoA, US Bank, and Barclays all within the last 6 months, that would be a significant negative factor.

To sum up,

• At 4/24, your next card should be a biz card, as that won’t (usually; see wiki for notable exceptions) increase your */24 count.
• Before submitting any new application, assess your current total credit line with Chase (or wherever you’re applying) and, as discussed in the wiki, trim judiciously to create headroom for the new app.
• Space out applications. A frenzy of recently acquired cards looks to a bank like the behavior of someone spiraling into deep debt, which is not exactly the optimal customer profile.

You seem so certain of that metric but so uncertain of everything else that I feel compelled to recommend you double check your X/24 tally.

RNE, adding that I once forgot to count a card opened and closed within the last 24 months. Don't make my mistake.

I’ll add just a little bit to the wise counsel of our esteemed members above (mia, beltway, RNE).

- For high “velocity” (approaching churning) applications think very carefully about getting to 5/24. Once at 5/24 Chase will not approve ANY other cards, biz or personal, so if a once in a lifetime offer comes along you would not be able to jump on it. You obviously understand the concept. FWIW, I’ve was at LOL/24 for many years, (intentionally) got down to 1/24 a couple of years ago (sorry to write that COVID actually helped in that regard), approved for 10 Chase cards in the past 20 months only 3 of which are personal and I plan to stay at or below 4/24 until Chase changes the policy or an incredible unbelievable amazing once in a lifetime offer comes along.

- I’ve also thought about the (new) IHG biz and Hyatt biz cards as they do not add to 5/24, pulled the trigger on both when they were relatively new products. There are anecdotal reports that for a brand new credit card product Chase, notwithstanding anything written above by myself and others, is more liberal with approvals perhaps even including “waiving” 5/24. I certainly wouldn’t hang my hat on that but it’s something a high velocity potential applicant should be aware of.

- My theory (HT Anne Elk) is that with (relatively) new Chase Hyatt and IHG BIZ cards, it’s possible (if below 5/24) to “churn” a SUB once every 12 months with applications for the “same” card being once every 24.5 months, (hopefully for all of us) it’s a marathon, not a sprint .

- If you want to remain in Chase's good graces, no (zero, nada, zilch) MS (which is sometimes tempting to meet minimum spends). FWIW, I suck it up and pay the Fing 1.96% (federal), 2.25% (state) or 2.35% (local) juice* on estimated tax or tax due payments to help meet minimum spends.

Good luck .

(* “juice” in the fee/gambling vigorish connotation. 4% to 7.9% to “buy” the 4 or the 10 at craps table is usury .)

Thanks to all of you.

I've got three chase personal cards and one business card already. I've got a number of AMEX, Barclay's, Bof A cards, etc. I do trim credit lines to try to keep the total available credit low and I pay off all bills every month carrying no balances.

I am a churner, no doubt about that, it has to be why Capital One won't give me any cards, but I don't manufacture spend.

Would a reasonable strategy be: (a) apply for Hyatt business card before the 75,000 point bonus goes away on April 11, (b) wait 30 days and apply for IHG business card, (c) keep my eye out for any deals of a lifetime on personal cards and if nothing comes up then wait another 30 days and apply for whatever the best personal card offer is (United, Avios, Aeroplan, etc.) ? I've churned the United and Avios cards multiple times before but more than 24 months ago.

Two cards will drop off 5/24 on November 1 too, so if a new personal card brings me back to 5/24 it won't be for very long.

Good for you, welcome to the club. I�m in the same boat with Cap One, I think of it as a sour grapes sort of thing. I never trim credit lines, it�s a debatable strategy, think my chances are better with possible anticipated recon call to reallocate credit limits vs recon call to explain other possible reasons for decline. Yes � but (FWIW): When I got to 1/24 almost 2 years ago it was at a time when Chase was perceived as being stingy with biz approvals. I was instantly approved for 2 Chase biz cards the same day, had to call recon for a 3rd Chase (personal) approval that day; clearly that experience is an exception. I waited 6-7 months for my next Chase biz application and now allow at least 6 weeks (vice 30 days) between Chase biz applications. For my last few Chase applications I�ve fully expected �pending� and a pre-emptive recon call (an hour or 2 after applying) but I�ve been very pleasantly surprised with instant approvals with healthy credit limits so my strategy seems to be working.

I also wouldn�t go to 5/24 for �the best� offer, I�d stay at 3/24 or 4/24 until a significantly amazing offer. For my (SUB) addiction I�m concerned once at 5/24 it would be too painful to go through withdrawal (to get back under 5/24) again, I�d be tempted to forget about 5/24 and hope for approvals from other issuers or inadvertently miscalculate and end up with a non-negotiable rejection. Chase been bery bery good to me and I�m not going to look that gift horse in the mouth, even for a moment. I didn�t state that very well. It�s possible (if below 5/24) to �churn� a Hyatt and a IHG SUB once every 12 months with applications for the �same� (biz or personal) card being once every 24.5 months by applying for the personal card or the biz card about once a year and closing at 13-21 months. Same theory applies to Chase UA Club personal and biz cards.

Credit Score: 805

Income: 64k

Current Cards: Chase Amazon (CL 17,800), CSP (CL 10,200), CFU (CL 17,800)

Denied based on having maximum amount of available credit from Chase and in proportion to my income. Called and spoke to reconsideration line and requested if possible, based on multiple recommendations posted here and other places that they move around credit lines to facilitate opening on new card (United Quest). Was not approved on reconsideration because they could not lower (only transfer) credit among the current lines. Transferred to customer support where they lowered my lines on both the Amazon and CFU to $7,800 each for total across the 3 lines of $25,800 which supports the common belief that Chase won't approve credit over 50% income while giving room of at least $5,000 for United Quest, if approved. Called again and was again denied based on the same reasons.

Do people think I called too soon after lowering CLs for reconsideration to take them into account? Is it worth trying recon again tomorrow or should I just wait a month to reapply?

You should have transferred credit from another card to be approved.

They looked into it. It was the recon person who suggested lowering my CLs first.

Just so I understand, you now have a lower credit line but no Quest card?

Yep

I have a recollection of reading FT posts claiming that if you add an AU to an existing Chase card, the card will carry the inception date of the primary card, thus avoiding a 5/24 issue for the AU (assuming card age > 24 months, of couse). Have I got that right?

This appears to be correct, start at post 2458: Applying for Chase Credit Cards, 2017-2019

Very interesting, I learn something new everyday.

Is there any confirmation of other banks/credit card companies that adhere to this same methodology, other than Chase? (e.g. Citi, Amex, Capital One, etc). Someone asked this in the thread linked by mia but I did not see any responses.

Regards

IIRC, Amex does the same thing.

See discussion from January 2022 regarding Capital One, well summarized by RNE in this post: https://www.flyertalk.com/forum/33934190-post736.html