Simply Not!
I had a situation very similar to yours. Had a WaMu card that was acquired by Chase and IIB for a few thousand $$.
I now have 3 cards with them. Got the first one after recon. At the time I got it, my BK was still on my reports and that was the reason for denial.
Chase took a chance on me and I now have 3 cards.
I now have 3 cards with them. Got the first one after recon. At the time I got it, my BK was still on my reports and that was the reason for denial.
Chase took a chance on me and I now have 3 cards.
Based on no data at all, merely my own opinion, I'd say you have decent chances. Maybe 60/40? 80/20? As mentioned above, Chase does have a LONG memory, but that doesn't mean they won't ever let you in again.
What Chase card are you applying for? Did you check out their pre-qualification site? Do you have any positive history with them, like Checking/Savings accounts or car loans? If they pre-qual'd you for something like a Freedom/FU or CSP, I'd say you have decent odds of being approved. Be aware that if they pre-qual you for more than 1 card, pick one (and ONLY one) to apply for. Don't apply for them all, just ONE. I made the mistake of applying for 2 in the same day, and almost got burned on both as a result. Fortunately they approved both, but most people get both accounts denied/closed when they try that.
Also keep in mind the 5/24 rule. Don't apply (even if pre-qual'd) if you've had 5 or more new credit card accounts in the last 2 years. Some say that a "green check mark" or an in-branch pre-approval will negate the 5/24 rule, but in your case with the BK discharge, I'd tread lightly.
My opinion is go for it - worst case scenario is you get declined and take a 0-5 point hit on 2 of your reports for the next 12 months, not a big deal really.
Total Loan Balance: $43k / $65k
Total SL: $78k