Do Chase business cards count toward my 5/24 score?
No. If you are approved for a Chase business card, it shouldn’t add to your 5/24 standing. However, you must be below 5/24 to get approved for most Chase business cards.
What if I’m under 5/24 but have authorized user accounts on my credit report that make me appear at (or over) 5/24?
Your application may be outright denied or marked for further review. In either case, you’ll want to call the Chase reconsideration line and note which accounts are authorized user accounts. The agent will likely ask whether you are responsible for these accounts and may approve you if someone else is the primary cardholder. However, this is a manual process, and it may not work.
Instead, consider planning ahead and removing yourself as an authorized user at least a month before submitting your application.
: The best cards to get after you hit 5/24
Bottom line
Chase’s 5/24 is a firmly entrenched rule with no signs of disappearing anytime soon. This means you need to be extremely strategic about your application and rewards strategy so you can maximize your five allowed Chase slots.
If you’re starting in the realm of credit card rewards and aren’t close to 5/24, you’ll want to prioritize getting Chase cards first. But remember not to try to fill your five slots with Chase cards too quickly. Take it slow and be smart about which cards you apply for and when you do it.
For additional reading, check out our picks for the best credit cards.
Apply here: Chase Sapphire Preferred
Apply here: Chase Sapphire Reserve