3 Inks approved. 5/24 not a problem.


Given that the best ever 90K offers for the fee-free Ink Cash and Ink Unlimited cards are ending soon, I decided that it was time for my household to jump in.  The results were surprising and awesome.  Despite my being over 5/24 and despite having an open Ink Cash card, I applied for another one under the same business and I was instantly approved.  Despite my son having opened an Ink Cash card in November, he applied for another Ink Cash with the same business and was instantly approved.  And, despite my wife having had another Ink Cash card for years, she applied for another one under the same business and she was instantly approved.

Once we meet the minimum spend on all three cards, the welcome bonuses will add up to 270,000 super-valuable Chase Ultimate Rewards points.  And if we complete all of that spend entirely through 5x categories, we’ll earn another 90,000 points for a grand total of 360,000 points!

a laptop and tablet on a table

More than cash back

Chase advertises the Ink Cash card as a cash back card, but it actually earns Ultimate Rewards points.  For example, the card’s welcome offer (at the time of writing) is advertised as “$900,” but it is actually delivered as 90,000 Ultimate Rewards points.  If this card is the only Ultimate Rewards card in your household, then the best use of points is to cash them out.  If you have a Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred card in the household, however, you can then move your Chase Ink points to that card so that you can then transfer points to airline and hotel partners (like Hyatt!) or use points to pay for travel through the Chase portal for better than 1 cent per point value.

My plan for 3 Ink Cash cards

My plan is to (hopefully) spend all of the required $6,000 at office supply stores in order to earn a total of 30,000 points for the required $6K spend.  After earning the 90,000 point bonus, this would mean earning a total of 120,000 points with each of the three cards.  This approach worked out great with my son’s Ink Cash card that he picked up in November:

a chart of a credit card

Why were our applications approved?

First lets talk about 5/24…

Chase's 5/24 Rule: With most Chase credit cards, Chase will not approve your application if you have opened 5 or more cards with any bank in the past 24 months.  This is true for Chase business cards too: you won't be approved if you are over 5/24. That said, if you are under 5/24 and get approved for a Chase business card, that card won't add to your 5/24 count.
To determine your 5/24 status, see: Easy Ways to Count Your 5/24 Status. The easiest option is to track all of your cards for free with Travel Freely.

I’m currently over 5/24, but my application was instantly approved.  It happens.  In the past this has been common with cobranded cards such as Southwest or IHG, but for the moment, Chase seems to be allowing at least some people to bypass 5/24 when signing up for the Ink Cash card (and probably the Ink Business Unlimited as well).  I’ve seen similar reports in our Frequent Miler Insiders Facebook Group, so I know that this isn’t unique to me.  That said, I’m confident that this situation is temporary given that they also apparently suspended 5/24 for these cards, at least for some people, in December.

About getting a second Ink Cash card…

All three of us successfully opened a new Ink Cash card despite already having one open.  And my son was approved despite having earned a welcome bonus a couple of months ago.  With most Chase cards, there are rules against both of these things.  Usually you can’t get a card that you currently have open, and you usually can’t qualify if you’ve earned a welcome bonus in the last 24 months.  Fortunately, these rules don’t apply to Chase Ink cards!

See also: How to sign up for Chase Ink cards.

Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

oldest most voted
Inline Feedbacks
View all comments
Joseph Robbins

I tried to get the Ink Business Card and they denied my because of 5/24. The agent on the reconsideration line said that was the only reason it was denied. So we went after the Wyndham cards. Got those now and I am wondering where we should go next. Both me and wife are at 5/24. We are sitting on 313,000 CUR points and about 200,000 Wyndham points. Looking toward going to Europe next year, probably Ireland or Scotland. Any advice as to which way we should go?


I had my P2 do this they were also approved with the same business however, the bonus tracker isn’t showing did you eventually get these bonuses did the tracker show for these cards?

Matt C

Just another datapoint- applied P2 for her 2nd Chase Ink Cash card (last one opened on 12/01/22) from my referral and she was instantly approved. Same business on the application. Wow that’s crazy a simple 115K points + 30K from office supply SUB spend. Thanks for the heads up!!


how long do we need to wait to apply for another business card?
I received my Ink business unlimited in January, when can I apply for ink cash without being automatically rejection?


Wanted to add another data point.

I currently am 5/24 with one card dropping off in April and one in June. My credit score fluctuates between 790-810.

In the Chase ecosystem, I have the Freedom Unlimited, Sapphire, Amazon Prime, and the Business Cash.

I applied for the Business Unlimited card on 3/4 with my business’ EIN. I got the “under review message.” That week I got a letter requesting I call to give them more information. I called on 3/11 and gave them my SSN and was transferred to another department so they could review my application. The gentleman I spoke with said that he couldn’t approve it and would need to send it on for further review because the credit limit I already had with my current cards was on the upper limit. He told me the process usually takes 48 hours so if I wanted to, I could call back after that amount of time. I didn’t end up calling because I was out of town.

Yesterday I got an email notification welcoming me to the Chase Ink Business Unlimited. They gave me my credit limit and congratulating me on choosing their card.
I was disappointed when I read that the bonus for these cards would end before I was under 5/24, but decided to take a chance since other people in similar situations were being approved and I’m so glad I did. Thanks for all you do and all the information you share!


My sole proprietor earning is less than my home property tax, which is more than CIC’s SUB limit. Would paying my property tax with CIC flag Chase to look into my accounts or (gasp!) shut down my Chase accounts? I’d like the CIC anyway but wonder if charging so much would displease the Chase overlords.


Shockingly, I was approved for CIC this morning. (!!!) I question Chase’s standards, hah. Certainly different than Cap1 which recently rejected me, putting a damper on the whole thing – my first rejection ever.

My meager business earning and stated expenses are less than my property tax or the spending to get the SUB. We’ll see if my credit limit is high enough… Thanks for your input.


Data point:

Earlier this month I had an older Ink Unlimited and a very recent Ink Cash. P2 had exactly the same. Both under 5/24.

So “we” went ahead and applied for P2’s second Ink Cash – approved immediately.

Then P2 referred me and I applied for my second Unlimited – not approved – “wait for letter explanation of why not”. Hit to TransUnion only – which was odd as these have always been Equifax.

Then the next day, for some odd inexplicable reason I decided to go for the Ink Cash and see what would happen – same thing as the application for my second Unlimited – same message about wait for letter, but this time no hard pull at all.

I badly wanted to call recon and see what was going on but I fought the impulse … and 10 days later I get an email saying Unlimited #2 was approved. And then yesterday another email saying Ink Cash #2 was approved.

I could hardly believe my luck – and on top of all this I got an alert today from Credit Karma about a change to my score – which showed that my Equifax score actually went UP a notch rather than down and still no hard pull.

This was like winning the lottery !!! Thanks Frequent MIler for the heads-up on these offers not going to last long.

It seems as though Chase with their Business Inks is trying to outdo Amex with their Business Platinums.


Data point–I was declined for a Chase Ink Unlimited today. I’m currently 6/24. I have both a Chase Ink Unlimited and Chase Ink Cash, both of which had been opened for a few years. I have the IHG biz card, which as been opened around a year or so. Applied under my same business EIN as the others. Strange, as Chase had sent me a preapproval mailer on the SW Business Card, but I don’t really want to pay the $199 annual fee.


Data point. My husband was instantly approved for his second ink business cash. He got the chase ink business cash in October and ink unlimited in late November and the ihg business card 2/1. He is 2/24. I did not refer him per Greg’s post/advice.


So, I signed up and got approved, but @greg, why do you think you would get the bonus again? Doesn’t the language say something like “if you have not gotten this in the last 24 months” or something to that effect?


Instantly approved for my first CIC. Got my CSR in december and I am at 4/24 currently. I wish I could apply 2nd one before offer ends.

Last edited 1 year ago by lakh

THANKs I was going to pass so no shut down but saw ur post. I applied 10 mins ago and got the 10 day-thing.But 5 mins later got the approval email .Free $$$$$


Greg, congrats on getting the card. I just applied and got approved (8/24). On another note, are you comfortable making the minimum spend by buying gift cards. I know that Amex clamps down on this, not sure about Chase. Thoughts?

Mark Pavlidis

My business doesn’t require any spending whatsoever, apart from $50 a month. How could I make this work???




One of your comment seems confusing me – you mentioned ending up with 18K worth of gift cards to liquidate – but mentioned using those to pay for services where credit cards are accepted? isn’t that mixing apples with oranges? …don’t you mean services that are accept gift cards for payment – and which ones are those? Thanks


And if you use them at Trader Joe’s you can just swipe the card and tell the terminal it’s a credit card and it doesn’t require a PIN. Also TJ’s will drain the card automatically so you don’t have to guess the balance and can use multiple cards.

Same at Costco as long as it’s a VISA – and if it’s a Mastercard you can always use it to buy a Costco gift card online.