Chase 5/24 Rule and Business Cards

[lindsaydruart]

I applied for the Chase Ink last week and low and behold it was declined. Today, I get my letter in the mail and the decline reason was:

Too many credit cards opened in the last 2 years. 

I wonder if this can be reconned. I thought this didn't apply to business cards. Any one else run into this issue?

[SouthJamaica]

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@lindsaydruart wrote:

I applied for the Chase Ink last week and low and behold it was declined. Today, I get my letter in the mail and the decline reason was:

Too many credit cards opened in the last 2 years. 

I wonder if this can be reconned. I thought this didn't apply to business cards. Any one else run into this issue?

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According to these articles the 5/24 rule is now applicable to the Ink cards:

http://www.doctorofcredit.com/chase-524-rule-now-effect-credit-cards/

http://thepointsguy.com/2016/07/unfortunate-expansion-chase-524-rule/

[sccredit]

As far as I can tell all of Chase's business cards are now under 5/24.

[Anonymous]

OP that sucks. Yes it falls under that 5 i 24 nonsense. You may be able to bypass it with an in branch preapproval if you have one. Some DP's seem to indicate the Marriott business doesn't fall under 5/24.