Update 4: Reposting as business relationship manager bankers now have access to a paper app for the Chase Ink Business Unlimited card ($500 bonus) and this also works to bypass 5/24.
Update 3: Definitely working. Make sure a paper application is actually submitted.
Update 2: Despite a lot of denied data points in the comments, it seems like this is still working for some people. It’s possible that some BRM didn’t submit a paper application properly or at all (they receive your paper applicaiton and then enter it in online rather than submitting the paper application itself) and that might have been the cause of the application failures. Here are some recent datapoints: 1, 2, 3, The first comment does a good job explaining what I am talking about as well.
Update: It looks like this is no longer working to bypass 5/24 with a lot of denied data points in the comments.
This was originally a password protected post, but it looks like the same reader posted on /r/churning as well.
A reader (who wants to name anonymous, but is well over 5/24) shared a way they were able to bypass the Chase 5/24 rule on business card applications. The method is pretty simple, basically it seems that if your application is put through by a business relationship manager (BRM) they go through to a special business lending department and they do not deny based on 5/24. It should also be noted that it seems like the BRM needs to put in a paper application to bypass 5/24, this was specifically mentioned by the BRM. If it’s put in online it goes through the normal application process.Â
Not all branches have a business relationship manager, technically you’re also supposed to have business revenue of $500,000+ as well. That being said, readers have been able to get BRM’s to put their applications in even if they don’t meet this requirement.
It gets even better though, because if a BRM does put your application in then you’re also eligible for these bonuses:
Being a Chase Private Client used to by pass the 5/24 rule, but Chase removed this ability so I imagine this work around won’t last for ever. Let’s not ruin this for each other, try to be discreet in applying for these cards and please don’t waste time with the BRM or cause a scene if it’s not possible. As always, please share your data points and experiences in the comments below.
A few other things to note:
- You can’t call regular reconsideration on these applications as only the specialized lending group can handle these applications
LOL/24, did a docusign application for the 120k CIU offer and got approved after being roasted on the phone for 30min. Thanks doc.
Excellent. Did you seek out a BRM or did you happen to meet one in the branch? Did you do the app in branch or did the BRM email you a link? For the phone call, did the lending department call you for more information or how did that happen? I used to do these paper apps back when they were faxed but need to do it again but wondering what I need to do. The bankers tend not to know all this stuff so I want to make sure I can describe at local branches. Thanks
Sent my application for an Ink Cash yesterday via BRM. Waiting to hear back. 8/30 – pulled EX.
Following up with a timeline. I was approved today for the CIC. BRM still works in 2021.
8/30 – Submitted application via DocuSign. Requested $3K. Hard pull right away on Experian.
9/8 – Called Chase Business Status Line. Transferred to Rep in Global Lending Services (the specialized group that looks at paper apps. Was told to expect to hear back in 48 hours as the application was in the queue to be reviewed). BRM would follow up if they needed anything from me.
9/9 – BRM called and said the application was approved for their suggested amount of $5K. The card will be rushed and due to arrive in 2-3 days. The account is already showing up on the app and website.
Anyone know if chase BRM in branch paper app (they’re digital and via docu-sign now) still by-pass 5/24? currently at 5/24 and looking to apply for ink unlimited. from my understanding, if i do an in branch paper app with BRM, it’ll bypass the 5/24 rule and i wont be denied based on that fact (but can still be denied on other reasons). thanks!
Have you tried it? Does it still bypass?
I would think so. I did two but not since 2017. Can’t believe that was four years ago. Seems like this went off the churning grid after they went docusign. At the time I remember some people saying Chase was screening more for higher revenue businesses. I think this specialty lending group that approves these was always geared toward higher end customers. But if you can find a BRM they get a commission so they should help you. Start calling branches to ask but you may need to probe because back when I was looking some regular branch employees would say they could help with business applications which they can but they aren’t aware of the paper apps (now docusign) and may not believe you know what you’re looking for.
I believe so. Waiting to hear back on mine.
Hey, Jon. I can confirm BRM still works in 2021. See my recent comment.
As of September 1, 2018, I was at 7/24
September 5 – Chase BRM prepared my Ink Business Cash application and emailed me a link to sign and submit the application via DocuSign
September 14 – Chase requests that I send documents proving the physical address of business
September 22 – Mail Chase documents proving physical address of business
September 28 (morning) – Call Business Lending about application status, documents were received and application is being reviewed
September 28 (evening) – Call again and application approved
I was 6/24 had 9 active personal Chase card accounts and 2 biz. I was approved today for the Ink Unlimited via my BRM and DocuSign.
I just left a meeting with my local area business relationship manager. I reminded him that last year when we put in an online application for the Unlimited, I was rejected as I had too many cards. I told him I still had too many cards but that I read that if he submitted a paper application by fax, the 5/24 rule could be bypassed.
He says he has no paper applications. He said they went away 3 months ago. He said even if he had them there would be no place to submit them.
Frankly, I don’t believe him. I think he’s just not willing to try it this way. And he doesn’t know that I know as much as I know. This is very frustrating as I will probably never be under 5/24.
I wonder if there is a business relationship manager in the next city over?
Tried applying in-branch. Met with a BRM, I was told I was pre-approved, and in the end I got denied (8/24). It’s an online application. I forgot about the Paper/Email Application earlier.
I just texted and emailed my BRM again and am waiting to hear back about the Email/Paper Application.
Just submitted the DocuSign Application. Will see how it goes. I’ll probably get a 2nd Hard Inquiry. Bummer.
Sorry for the extra inquiry. Hope you get it this time!
Just talked to a local BRM. He said that today is the last day for paper applications. They will start with E-mailed applications via DocuSign on Monday 6/4/18.
I plan to apply in the beginning of July (after paying down some credit cards to increase my score).
It will be interesting to see if the DocuSign method also works to bypass the 5/24 rule!
Paper application for Chase Business Ink Preferred! In branch! With BRM. Only 6/24 – never had a business card, one of these cards is secured card, another card I applied 23 months ago, I said it’s only 4 cards within 24 moths – but they don’t care. sole prop. revenue: $67,400. Rejected. I called 2 times, even BRM called – reached lending department and they stated too many cards within 24 months and they cannot do anything even they cannot reconsider it! Also online I had “Selected for you – Chase Business Ink Preferred”
Was this within the last few days? That sucks either way and sorry it happened to you, but thank you for the DP.
7 days ago…. it’s ok, thanks tho 😉
We have 4 player mode…. but chase tighten 5/24 rule….
Dang, that sucks. Even with the Paper Application and just +1 more than 5/24, you got denied =S
I just got denied too – 8/24.
Kicking myself for not going last week. The most recent DPs have me scared about trying this now.
I am looking for a BRM, the one for the South Georgia market has quit and so has the West Georgia market.
PSA: I had a BRM put in a paper application last week. She said it’s a good thing I was there bc Chase was discontinuing the paper apps this week.