I'm falling to 3/24 from 5/24 on the 15th of this month. My question is when does that reset happen? Is it:
- the begining of this month (11/01/2023)
- the actual date of account opening (11/15/2023)
- next month (12/01/2023)
I want to apply for a chase business card but have no personal card with them yet (due to 5/24 
) so it doesn't count towards 5/24. What's my likelyhood of approval?
@folks19 wrote:I'm falling to 3/24 from 5/24 on the 15th of this month. My question is when does that reset happen? Is it:
- the begining of this month (11/01/2023)
- the actual date of account opening (11/15/2023)
- next month (12/01/2023)
I want to apply for a chase business card but have no personal card with them yet (due to 5/24
I would wait until next month.
@SouthJamaica wrote:
@folks19 wrote:I'm falling to 3/24 from 5/24 on the 15th of this month. My question is when does that reset happen? Is it:
- the begining of this month (11/01/2023)
- the actual date of account opening (11/15/2023)
- next month (12/01/2023)
I want to apply for a chase business card but have no personal card with them yet (due to 5/24
I would wait until next month.
it's technically on the exact day, but do above and wait for a month ^^
chase recon is an inquisition, no use risking yourself going through it if you don't have to
0/6, 3/12, 10/24
@GZG wrote:
@SouthJamaica wrote:
@folks19 wrote:I'm falling to 3/24 from 5/24 on the 15th of this month. My question is when does that reset happen? Is it:
- the begining of this month (11/01/2023)
- the actual date of account opening (11/15/2023)
- next month (12/01/2023)
I want to apply for a chase business card but have no personal card with them yet (due to 5/24
I would wait until next month.
it's technically on the exact day, but do above and wait for a month ^^
chase recon is an inquisition, no use risking yourself going through it if you don't have to
I don't think that is true. I remember someone did post on here where they did on the exact day, but when they went to challenge it, they don't factor days; but in months. So if the last card was the 5th applied in May 2021 ... then waiting until one month after May 2023 to apply.
Agree that it's best to wait until the following month (12/1). Hard to tell the likelihood of an approval without more information such as what's your history look like, current Fico 8 scores, etc...
I know that different people have had different experiences with this. I was told by some peers in the credit community to wait until the 1st day of the following month after dropping below 5/24 to apply for a Chase Card. That's what I did and I got approved. I think if you wanna err on the side of caution then it is worth waiting a few more weeks to the 1st day of the next month.
@folks19 wrote:
@JoeRockhead wrote:Agree that it's best to wait until the following month (12/1). Hard to tell the likelihood of an approval without more information such as what's your history look like, current Fico 8 scores, etc...
@JoeRockhead Fico scores are in the 780s. Most recent account from almost year and a half ago. Between 2 - 4 HPs, depending on the agency but none from the past year (so no affect on score). 2.5 years AAoA. 4.5 years AoOA.
The main factor here is 5/24 and applying for a business card without a personal card.
@folks19 Worst thing you have going on is the young AAoA (and it's not anything that should cause a denial). Which may cause a lower SL but I'd be happy with any approval. Chase can be very generous with auto CLIs with good spend and PIF. Not having a personal card is a non factor.
@folks19 wrote:I'm going to wait until December and apply, and I'll post the results.
Good luck with your application.
A Chase Ink card is my one-card wish list, but my time has not come. Hopefully yours has.