Okay, so I'm safe! However, if I was approved then it will count against me, then. Dang.
No, you still are not following.
It is the actual opening of an account that matters. % new revolving accounts in 24 months. Has nothing to do with inquiries, approvals, or denials.
Every account has a date opened field in the report. If you opened 5 accounts, or more, in the past 24 months you are supposedly ineleigible for a new revolver with Chase. Others have reported exceptions, but it appears they all had existing Chase relationships.
You stated you delclined the offer. Therefore no new account, no chage to your 5/24 status.