![]() Regarding intro bonuses, you can qualify for a new bonus every 24 months. Even though Chase can see them on your report, they don’t care. The main exception to this is Chase business cards because they don’t go on your credit report. ![]() ![]() For example, if you received 4 Bank of America credit cards and 1 Citi credit card in the past 24 months, then your Chase application will be automatically rejected because of 5/24. The idea is if you have more than five new credit cards in the past 24 months, from any issuer, you’ll automatically get rejected for certain Chase cards. The most infamous rule is the Chase 5/24 rule. It’s a lot easier and less risky for Chase to give you a credit line of $1,000 with the Chase Freedom Flex℠, as opposed to the minimum $10,000 credit limit with the Chase Sapphire Reserve. Chase usually looks for a great credit score or a banking relationship. If you don’t have a high credit score (700+), your chances of getting approved for the Chase Sapphire Reserve® is slim. The 2/30 rule says that you can only have two applications every 30 days or else you’ll automatically be rejected. Before applying to Chase credit cards, it’s important to understand the rules for applications (2/30 Rule), eligibility (5/24 Rule), and bonuses (once every two years).
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