cancel
Showing results for 
Search instead for 
Did you mean: 

Chase business cards and 5/24

tag
Howaboutthat
Frequent Contributor

Chase business cards and 5/24

Does the Chase Ink business card fall under the 5/24 guidelines. 

Message 1 of 4
3 REPLIES 3
simplynoir
Community Leader
Mega Contributor

Re: Chase business cards and 5/24

Yes, the Chase business cards fall under 5/24 rules but won't count against 5/24 if you get approved

 

Assuming it is still a thing the only way to overcome the 5/24 rule is if you have a pre-approval offer on your account online being a Chase customer already. These "black star" offers Chase sends out are the business cards offers they send out every once in awhile to go along with the green star offers for their personal lineup like the Freedom Unlimited and Flex

Message 2 of 4
Howaboutthat
Frequent Contributor

Re: Chase business cards and 5/24

Thank you for your reply


I also keep getting mailers from Chase with your invited to apply for the Ink Business Unlimited card with an invitation number.

But it has no firm apr rate, 13.99%-19.99%
 I run a small 501c3 and the only in with Chase is the Amazon card.

 

My fico scores are pretty good Eq 778, TU  768 and EX 763 with 10% utilization. 

Maybe I should give it a shot I'm at 5/24 now so is there no chance. 

Message 3 of 4
SouthJamaica
Mega Contributor

Re: Chase business cards and 5/24


@Howaboutthat wrote:

Thank you for your reply


I also keep getting mailers from Chase with your invited to apply for the Ink Business Unlimited card with an invitation number.

But it has no firm apr rate, 13.99%-19.99%
 I run a small 501c3 and the only in with Chase is the Amazon card.

 

My fico scores are pretty good Eq 778, TU  768 and EX 763 with 10% utilization. 

Maybe I should give it a shot I'm at 5/24 now so is there no chance. 


The preapprovals usually override 5/24, but "invited to apply" is not a preapproval.


Total revolving limits 586020 (520820 reporting) FICO 8: EQ 694 TU 692 EX 692




Message 4 of 4
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.