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Cool Trick On How To Trigger A Chase Pre-Approval

About two years ago Chase started enforcing, what is now famous as the 5/24 rule. Basically, this means that if you have opened 5 or more credit cards within the last 24 months, Chase will not approve you for a new credit card. For more information on this topic read this post.

There aren’t many exceptions to this rule. One common exception, though,  is that if you were pre-approved in the bank (not by email) for a Chase credit card then that will bypass the 5/24 rule.

I had previously posted a trick on how to trigger a Chase pre-approval which I saw people had much interest about, so I’ve decided to share some more details on this topic.

The Trick

I have heard that if you withdraw a big amount of money from your chase bank then that might trigger a pre-approval. I, at the time, did not want to risk it. But about a year and a half ago I bought a house, so I had to withdraw large funds from Chase. About a week later I went back to the bank, and bingo, I was pre-approved for any Chase credit card. That was about the time when there were rumors that Chase would release the Chase Sapphire Reserve credit card in the near future. I decided to wait ‘till the card was released, I applied, and was approved! This happened even though I was way over 5/24!

Sometime later my friend also bought a house. I told him to try this trick and he had the same results! So in my experience, I saw this trick work like magic.

Trick Details

My friend and I withdrew our funds in the same method, so this may be crucial in order to trigger the pre-approval. Therefore, I am sharing the details with you.

  • We transferred the money to a different bank.
  • The transfer was for a sum between $30,000 and $50,000.
  • This sum that was transferred (withdrawn) was all or almost all of the money in the account.

My Theory

The reason as to why I think this trick triggers a Chase pre-approval is because Chase probably thinks you have something against them. (Possibly because they did not approve you for a credit card, so you feel unvalued.) Therefor they are trying to make it up to you by issuing you a pre-approval.

If you have any additional questions or if you’d like to share your experience, just enter them in the comments.

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Chase 5/24 Rule

Updated: 12/29/17

What Is The Chase 5/24 Rule?

Two years ago, Chase issued a rule, which is now famous as the 5/24 rule. The rule basically means that any one that has opened 5 or more credit cards in the past 24 months cannot get approved for any Chase credit card.

Why Does Chase Have The 5/24 Rule? 

Chase put in place the 5/24 rule in order to help stop what they call gamers or point churners from getting their credit cards in order to only receive the opening bonus. So even if you have a million dollars in your bank account, if you have opened 5 or more credit cards in the last 24 months, Chase looks at you as not a good costumer for them.

Which Accounts Do Or Don’t Count Towards The 5/24 Rule? 

Any personal credit card from any bank that was opened in the last 24 months will count towards the 5/24 rule. It does not make a difference if the account is still open or already closed.

Business credit cards (including Chase business cards) do not count towards the 5/24 rule. (Some banks, like Capital One and TD Bank report their business cards to the credit bureau, so once  it is reported, Chase cannot see if it is a personal credit card or business card therefore it will count towards the 5/24 rule.)

Authorized users do not count towards the 5/24 rule, but you may need to call the reconsideration department (phone number: 18004539719) in order to get approved because the computer approval system sometimes does not pick up the difference between an individual account and an authorized user account.

Mortgages, car loans, car leases, etc. do not counts towards the 5/24 rule.

How Is The Chase 5/24 Rule Calculated? 

You need to have less than 5 new accounts on your report (5 is not good, you need less) opened in the last 24 months which is calculated on a month to month bases (not day to day.) For example, if you have opened the first of your five credit cards on September 15, 2015, then you will need to wait till October of 2017 to get approved for a new chase credit card.

Which Chase Cards Are Affected By The Chase 5/24 Rule?

The following credit cards are affected by the 5/24 rule:

Which Cards Are Not Affected By The Chase 5/24 Rule?

The following credit cards are not affected by the 5/24 rule:

Is There Any Way to Get Around The Chase 5/24 Rule?

CPC (Chase Private Client) used to be exempt of the chase 5/24 rule, but not anymore. In my experience, the only way to get around the 5/24 rule is by being preapproved in the bank for a credit card. The trick to trigger a preapproval is by withdrawing from your account a lot of money (about 20k.) About a week or so later ask your banker if you were pre-approved for any Chase credit cards. I found in the past, this trick to work like magic. Read more about this trick here.

(You can read on Doctor Of Credit some more data points on what may bypass the rule).

If I Applied For A Credit Card But It Still Did Not Show Up On My Report Can I Get Approved For A Chase Card?

Yes. Chase only counts accounts that are reported. So even if they will see a recent credit inquiry, but if the account does not report as approved, (with some banks this can take about a month to happen) then you still can get approved for a chase credit card.

You may also want to see a great post from Doctor Of Credit found here.

If you’re looking for a great Chase credit card, check out are best credit card offer page.

Thank you!

Please note: Although, I put a lot of effort to give my readers unbiased information. I’m legally required to notify you that I may be receiving compensation from credit card companies mentioned on this page. Please see our Advertisement Disclosure for more details.


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