Do Chase Business cards add to your 5/24 total?

Unofficially, Chase doesn’t like to approve credit card applications where the applicant has opened 5 or more cards with any bank in the past 24 months.  This is known as the 5/24 Rule.  In the recent post, “How to count your 5/24 status,” I asked the question “Do Chase Business cards add to your 5/24 total?”  I wrote:

Chase business cards do not appear on personal credit reports, but obviously Chase knows if you have opened those cards in the past 24 months.  The question is whether Chase includes those cards in the total for 5/24 Rule purposes?  If you have first-hand information that would help answer this, please comment below. Ideal evidence one way or another would be if Chase tells you during a recon call how many cards you opened in the past 24 months.  You can then compare that number to the number you calculate yourself with and without counting Chase business cards.

In response to this, a number of readers replied via comments, email, and Facebook.  Here are some examples:Chase business cards 5/24

“Chase Business cards do count”

Christopher wrote:

Here’s my experience, others might have a different experience. Last month I was at 4/24 for personal cards and applied for the Freedom Unlimited. I was denied for too many new accounts in last 24 months. I opened an Ink Plus card back in March and when I called recon three times they all told me that I had opened 5 cards in the last 24 months. YMMV, but I struck out three times!

“Chase Business cards don’t count”

Jerry F wrote:

I applied for the reserve with 3/24. If you include the Chase business cards I’ve applied for then I would be 5/24 (southwest and ink plus) so i don’t believe it counts towards the actual 5/24 limit. I was not instant approved because I had too much “exposure” as they put it, meaning I had to much credit availability. I was however able to get he card by moving credit around. The minimum for opening a line on this card is $10,000.

Bryan wrote:

I had opened 5 cards in the past 22 months. One card was the Southwest Business card. I was instantly approved for the CSR. In my case, a chase business card did not count.

NastGuy wrote:

I didn’t get my “count” from Chase (didn’t know you could do that), but can confirm anecdotally that I have opened 4 personal cards plus 1 Chase Ink business card in the last 24 months. I was instantly approved for the CSR card yesterday.

All of the above examples are border cases.  They’re compelling only if Chase draws an absolutely hard line at 5 cards in 24 months.  Many have long suspected though that Chase’s cut-off number may be a bit squishy.  That is, they may draw the line at 5 or 6 or even 7.  If that’s true, then the reports listed above don’t tell us much.  On the other hand, it may be the belief that Chase business cards count that has led people to think that the rules were a bit squishy.  I don’t know.

Much more compelling was a Facebook conversation in which a reader asked a Chase reconsideration rep to list all of the cards that they included in their 24 month count.  He reports that they did not list his Chase business cards which were definitely opened within the last 24 months.

Similar information was reported via Twitter by a reader who unfortunately was turned down by multiple reconsideration agents due to an authorized user card that pushed his total to 5 cards in 24 months not counting his Chase business card:

Do Chase Business cards add to your 5/24 total? Tentative answer

The results are murky, but the weight of evidence leans towards “no, Chase business cards do not count towards 5/24”.  Am I sure of this? Absolutely not, but at this point I believe that it is the most likely answer.  And, I believe it makes sense.  In order to process an application, Chase pulls your credit report from one or more bureaus.  In order to code the 5/24 Rule into their system, the easiest approach is to simply count new credit cards from that report.  Yes, since they have the data they could also count Chase business cards tied to your SSN, but that would add complication with minimal gain.

Why the answer is important

In the posts “Flying under 5/24” and “Business card advantages (and a straw man plan)” I suggested an approach for staying under 5/24: Sign up primarily for business cards that don’t report to the personal credit bureaus.  This includes business cards from Amex, Bank of America, Cit, US Bank, Wells Fargo, and… Chase.

Aside from Amex, Chase tends to have the most and best business card offers: Ink Plus, Ink Cash, Southwest Premier Business, United MileagePlus Explorer Business, and the Marriott Rewards Premier Business.

If Chase business cards truly do not count towards 5/24, then the idea of flying under 5/24 by applying mostly for business cards suddenly makes a lot more sense.  By managing your 5/24 count carefully, you could still sign up for 2 personal cards per year.  And by regularly signing up for  business cards from Amex, Chase, Bank of America, etc. you can keep the points flowing.

Note: Business cards from Barclaycard, Capital One, and Discover do get reported to personal credit bureaus, so you’ll want to avoid those cards if your goal is to fly under 5/24.

Reader Input

Do you have experience that helps answer the question of whether Chase Business cards add to your 5/24 total?  Please comment below.

About Greg The Frequent Miler

Greg is the owner, founder, and primary author of the Frequent Miler. He earns millions of points and miles each year, mostly without flying, and dedicates this blog to teaching others how to do the same.

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  1. I think the real question for those of us just over 5/24 is do we wait 6-12 months to apply for the holy grail of credit cards or let it go and keep going after other bonuses?

    • For what it’s worth (probably not much) the recon rep assured me this card and bonus will be around for the long haul so I should wait and reapply

    • I decided not to wait 6 months because I figured I’d be giving up 250k in other bonuses that matter more to my long term travel plan than Chase points. I grabbed a Hyatt card as well which isn’t under 5/24 and gets the 24 month clock started.

  2. My rep read out to me the credit cards I had gotten. By his count I was 7/24, but I was actually much higher. He did NOT mention my Southwest Business card, or any of my 2-3 additional business cards I have gotten from other banks. I don’t believe they count.

  3. In my case it seems chase included everything in count. I applied for CSR and my count was 6/24 but look at a breakdown:
    1. Personal Discover IT card,
    2. Chase Ink Business card,
    3. Capital One SPARK business card,
    4. Amex blue authorized user on a 10 year old account, my wife simply added me to an old account about ine year ago
    5. Chase Freedom AU;
    6. Citi advantage AU
    The #4 is the most ridiculous one, it is not even a new account, just the way that Amex reports those.
    I tried to prepare for CSR application, called Citi and Chase to remove my authorized user account, even contacted each credit agency to make sure they delete the data. They removed AU cards still showed up on the credit report as “closed” so did not help much at all.
    I called reconsideration line, the agent took my data and said it would take 2 weeks for review, I am not sure does it really take 2 weeks or it is their way of avoiding saying “declined” on the phone. But when I spoke to the agent and asked which accounts he was seeing, he listed all of the above, including closed AU cards and business cards.

    • So you are just at 5/24 without the chase ink since capital one DOES report business cards to the personal credit report. Did the agent specifically mention the chase ink card?

      • No, those 6 accounts are the ones that the rep read to me when I asked to name accounts that they think I openned in the last 24 months and he named all 6, which makes me believe they count all of them.

  4. @Andy, I wouldn’t put much stock into what a rep says. They’re just foot soldiers. The people who run those programs are the only ones who really make those decisions (and can change their mind accordingly).

  5. Were the 3 approved applications mentioned above in branch with pre-approved offers? If it was then we can’t really count them because they anyway fly under the radar. But I do think it’s safe enough to say that it doesn’t count based on the other people that asked for the count from the agent

  6. Just an aside: I went into the bank this weekend to see if I was pre-approved for the CSR (I was) during our conversation the banker said “there is the 5/24 rule” which he said was instituted on 5/24/15 (ha ha) but that it actually wasn’t a rule about a date, but about a number of cards you could have before approval would be denied. He also said it wasn’t a Chase rule but a law (ha ha again). Finally he told me the annual fee was waived for the first year (yea, uh huh, sure buddy, can I have that in writing?)
    So obviously this guy didn’t know much- but to my knowledge this is the first report of a banker openly acknowledging the 5/24 rule and actually citing it to an applicant in person. Prior to this I’d only heard of the vague words like “you have too many newly opened accounts”

  7. If the business account is not listed on your credit report, then it doesn’t count. For those who say it does, it may be that those Chase business accounts were inadvertently included in their personal credit report, which is not uncommon.

    Just call Chase and have them remove it from your personal credit report.

  8. Dilemma!

    Me – 6/24 (4 personal. 2 business – 2 separate businesses. One card with each business).
    Wife – 8/24 (3 personal. 5 business – 2 separate businesses. 2 for one and 3 for other).

    Pre-approved offer for 100,000 points Ink Plus for one of the business came in mail yesterday! We’ve had Ink Plus in past, but cancelled them and held onto Ink Bold.

    Decisions, decisions…

  9. Given this information, if I am at 4/24 and I want to get the Southwest companion pass for 2017/18, applying near year end, should I apply for the business card first and the personal card next, or vice-versa?

  10. Just as a side note, everybody should continue to keep in mind that Chase counts being an authorized user on a Chase credit card toward the 5/24 limit. I don’t believe that being an authorized user on a Chase account shows up on your credit report since no social security number is required. I don’t add my wife to any of my Chase accounts and vice versa since learning this. I also don’t add my wife as an authorized user on any credit card where a social security number is required too do it.

    • Being an auth user absolutely shows up on your credit report (and that’s what Chase is using — for me and my wife, they’ve been using the Experian version, exclusively). I’ve verified this when Chase has denied me a new card because of 5/24 (you can do that free once they deny you).

  11. I was not preapproved for CSR. I was initially denied at 7/24 (two are AU), one of which is Ink+. I asked the recon rep if AU count, and she said no, not if I’m not responsible for the card. So I asked if she would re-verify that I’m really over, and she agreed, and, after a while, approved me if I moved credit.

    So I’m not sure if:
    – Authorized users don’t count
    – Chase biz cards don’t count
    – My 21-month old Banana Republic Visa didn’t count
    – They made an exception based on a long and mostly good credit history
    – Some combination of the above

    Regardless, I feel pretty fortunate!

  12. Though you don’t give a social security number to Chase for an authorized user they still get the authorized user card into the credit report. Happened to me with two different Chase cards . I guess it’s not that hard –if my husband adds me as an auth user– I’m already in the chase system because of my own cards and we have the same address.

  13. We just have a small sample size here, but I think there might be something to this:

    Ink business cards from Chase are counting towards 5/24, whereas non-Ink business cards from Chase (i.e. Southwest, United, and Marriott) are not counting towards 5/24.

    It will be interesting to see if other data points confirm or deny this.

    • I wish people would be more clear when leaving data points, indicating if they signed up for the cards as sole proprietors using a SS# instead of using another entity with a tax ID number.

      • That’s a good point and may well be where the discrepancy is coming from. For the record, my Chase Ink card which did not appear to count towards my 5/24 status was opened for an entity with its own tax ID number. (I’m one of the 3 in the post who were approved).

  14. I’ve found that even though biz cards are supposed to be a completely different department, they always counted as far as the time-between-apps wait.

  15. I was at 5/24 with INK (applied with my SSN) but I was approved for Chase Freedom. I applied online last week and it went pending. I did not call Chase. I checked my Chase account today and found Freedom was added! It looks like they modified my credit line on each of my existing cards without asking me (which is fine).

  16. I had 5/24 and was approved for Chase preferred.
    Accounts at time of application were AMex platinum personal(18 months), Amex Delta Plat.(7 months), Home Depot(12 months), Chase Ink Plus Business(1.5 month), Chase Reserve(2 days).

  17. My data shows that the Chase Business cards do not count.
    Cards opened last two years: Amex Personal, Citi Personal, Chase Personal, Chase Business x2 (as Sole Proprietor), Amex Business.
    So that’s 3 Personal + 3 Business total.
    If you count the Personal plus Chase Business it is 5/24.
    But I was automatically approved online for United Personal the other day (no mailer or targeted offer).
    So, I think the system just counted whatever was on my credit report– the personal cards for 3/24.
    Will push it one more time when the new Ink Preferred comes later this year, as it seems I will be counted as only 4/24 then!

  18. I was at 4/24 and applied and was approved for an Ink Plus (using my SSN) followed 24 hours later by instant approval on a Freedom Unlimited. So was then at 5/24 + 1 Chase business, forty five days later was approved for Ink Preferred.

    So in my case, I was approved for a CIP, despite being at 5/24 with personal cards alone.

    • I believe this is because it actually take some time, close to a month, until new accounts show in your credit report. So Chase did not have a chance to see and count the new accounts.

      • I was 5/24 + 1 Chase Ink Plus for 51 days before applying for the Preferred. It seems like enough time to show up to me but I don’t know how Chase’s system works.

  19. I have a slightly different question and not sure if anyone has encountered this.

    I am over 5/24 for my personal cards, but can I use my business EIN to apply for a Chase business credit card?

  20. Here I have a question about applying for chase ink cash card…

    I have a chase business checking account for ~5 months. I got an email saying inviting me to apply for an ink cash card and there is an expiration date. I went to chase branch and asked the banker to search for pre-approval offer in my business account. The answer was none.

    Does chase apply 5/24 rule to their business card? How should I take this invitation email, an offer, or just a flyer?

    Thanks!

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