Chase Sapphire Reserve Card application denied

Amazon / Eng static fin
Jul 3, 2018 16 Comments

They rejected my application for Chase Sapphire Reserve because I have “too many open accounts” with them..I’m really pissed. I technically have 3 credit cards open with Chase and a handful of other Cards. Does anyone know when I’ll be able to apply again?
How do I increase the odds of my application being accepted?

Heard that Chase has a “5/24 rule” (if you opened more than five credit card accounts within the past 24 months, you’ll automatically be denied)...is this true?

Please help!

TC: 190k per year
Credit Score: 765

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TOP 16 Comments
  • Compass / Eng
    FUPayMe

    Compass Eng

    PRE
    Google
    FUPayMemore
    Be less irresponsible.
    Jul 3, 2018 1
    • Amazon / Eng static fin
      OP
      Why are you assuming that I’m irresponsible?
      Jul 4, 2018
  • Snapchat cu8s4
    5/24 rule means if you open more than 5 accounts in 24 months you’ll be auto rejected, NOT accepted (assuming your post is a typo). It’s true. They phased it in a while back and I snuck in a 6th card after they called me but failed to get past it.

    Are you past 5/24? But the reason given is too many Chase accounts or 5/24
    Jul 3, 2018 5
    • Amazon / Eng static fin
      OP
      Ah yes it was a typo, I fixed it
      Jul 3, 2018
    • Amazon / Eng static fin
      OP
      I definitely have opened more than 5 over the last two years. Only 3 with chase though
      Jul 3, 2018
    • Snapchat cu8s4
      Get credit karma, set a calendar event, sit back and relax
      Jul 3, 2018
    • Amazon / Other
      DirkGently

      Amazon Other

      BIO
      Holistic Detective
      DirkGentlymore
      More than five is why they denied you
      Jul 4, 2018
    • Oath 762yhsg
      How will getting credit karma help in this case
      Jul 5, 2018
  • Apple / Eng hans32
    Why are you posting this on Blind?
    Jul 3, 2018 0
  • Salesforce 2438ez
    I thought the 5/24 rule was automatic deny, not automatic accept. Interesting, I was thinking of getting this card but have a couple Chase accounts open too. I did hear that it’s best to open this one first before any other Chase cards but too late now for both of us.
    Jul 3, 2018 1
    • Amazon / Eng static fin
      OP
      😕 need to find out when eligible again
      Jul 3, 2018
  • LinkedIn Wbxiwq
    5/24 is a well known rule. Do a bit more research before applying to credit cards.
    Jul 3, 2018 0
  • That sucks. I love mine. TC 480k
    Jul 4, 2018 0
  • Qualtrics / Other CLVR
    Are you churning?
    Jul 4, 2018 0
  • New IIlI
    5/24 counts every account , including other banks
    Jul 3, 2018 0
  • Apple / Eng Marijuana
    Wait. You currently have way too many new accounts lol.
    Jul 3, 2018 0

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