I just want to provide some Chase data points based on my experience the last few months. I was above 5/24 for several years after multiple app sprees. I decided to commit to gardening in 2021 and started a relationship with Chase by opening a checking account in February. I finally got under 5/24 in August. Since then I have opened 5 Chase cards. Generally speaking you probably shouldn't open that many cards with one provider that close together, but I haven't had any issues yet. Here's the timeline for these cards:
9/17/21:
Chase Freedom Flex - $21,000 SL
-I got the 30 day message when I first applied, so I called the recon line in order to get the approval. It took over 30 days to finally get a response from Chase that I was approved. I was estatic finally getting my first Chase card.
10/23/21
Chase Sapphire Preferred - $24,400 SL
-I kind of applied for the CSP on a whim and was surprisingly approved right away.
12/7/21
Amazon Prime Rewards - $15,000 SL
-I also got the 30 day message for this card, but a few days later got the approval message. I didn't need to call the recon line at all.
At this point I thought that I might be opening cards to quickly, and was advised by this community to wait at least 3-6 months between opening cards. Before getting my first Chase card I made it all the way down to 1/24. After getting the Amazon card I was at 4/24 and figured I should take a shot at getting some business cards before I hit the 5/24 mark again. 4 months had passed since first getting the Flex card, so I figured they wouldn't be closing my card after the fact due to me opening more Chase cards so close together.
1/15/22
Chase Ink Cash - $7000 SL
-I had just started establishing business credit in November and got 2 BOA business cards to start out in December, along with the Amex Business Platinum. Since I was finally getting approved for business cards I figured I should take a shot at this. Originally I got the 30 day message in an email after applying, but got a follow up emailing telling me I was approved a day or two later.
2/9/22
Chase Ink Unlimited - $12,000 SL
-At this point I feel like I'm really pushing it with opening my 5th Chase account in 5 months. This was the first one that I opened less than a month following the previous Chase card.
All in all I submitted a lot of applications to Chase in the past year. A couple of my applications were denied back in April and May, when I had thought I fell below 5/24 but apparently didn't. They pulled a mix of Experian and Equifax for the applications. I think sometime in March I am going to apply for the Chase Ink Preferred to finish off my journey with Chase for awhile.
I received the following SUBs for these cards:
Freedom Flex - $200
Sapphire Preferred - $600
Amazon Prime - $200
Ink Cash - 75,000 points
Ink Unlimited - 75,000 points
Question; is it possible to open more than 1 of each Chase Business card under the same EIN/LLC? I've heard of people opening 1 under their SSN and one under their EIN, but don't know if I want to do that. Is it not possible to just open two of the same cards under the same business name? If so I might consider opening more Ink Cash or Unlimited cards.
