Chase has a long line-up of great business credit cards so naturally many people will want to go for more than one Chase business card. But is that possible or will Chase deny you for trying? This article will look at whether or not it’s possible to get approved for multiple Chase business credit cards and give you some tips for giving it a shot.
Table of Contents
Can you get approved for multiple Chase business credit cards?
Yes, it is possible to get approved for multiple Chase business credit cards but there are a few things that you need be aware of if you’re going to apply for multiple business cards.
Should you get more than one Chase card?
Just because you can get more than one Chase card, that doesn’t mean that you should do that. But Chase has some really great business cards so for a lot of people, getting more than one Chase business card will make a lot of sense.
If I were seeking out multiple business cards here are the four business credit cards that I would consider.
Tip: Check out the free app WalletFlo so that you can optimize your credit card spend by seeing the best card to use! You can also track credits, annual fees, and get notifications when you’re eligible for the best cards!
Chase Ink Preferred
The Chase Ink Preferred often has a high welcome bonus and also earns 3X per $1 on the first $150,000 spent in combined purchases on all of the following categories:
- Travel, including airfare, hotels, rental cars, train tickets and taxis
- Shipping purchases
- Advertising purchases made with social media sites and search engines
- Internet, cable and phone services
With its high bonus and solid bonus categories, this is the #1 business card offered by Chase and I would be looking to get the Chase Ink Preferred first and then add one of the cards below.
Chase Ink Business Cash
The Chase Ink Business Cash also often comes with a great sign-up bonus of 50,000 Ultimate Rewards or more. That’s worth $500+ which is very competitive for a no annual fee credit card but the card also has some fantastic bonus categories.
The Chase Ink Cash earns 5% cash back on the first $25,000 spent in combined purchases each account anniversary year at:
- Phone services
- Office supply stores
And it also earns 2% cash back on the first $25,000 spent in combined purchases each year at:
- Gas stations
The Ink Business Unlimited
The Ink Business Unlimited earns 1.5% back on all purchases and comes with a 0% intro APR for 12 months from account opening on purchases and balance transfers.
Combining the Chase Ink Preferred with either the Ink Unlimited or the Ink Cash is always a great option because not only are you diversifying your bonus categories but the latter two cards don’t come with an annual fee, so it’s a great option to add to your wallet without having to cough up a lot more in annual fees.
Chase Southwest Premier Business
- 6,000 anniversary points
- Earn 1,500 Tier-Qualifying Points for every $10,000 in purchases, up to 15,000 Tier-Qualifying Points each calendar year
- Best sign-up bonus: 50,000 Rapid Rewards
- $99 Annual fee
- No foreign transaction fees
If you’re at all interested in the Southwest Companion Pass then the Southwest Premier Business card is hard to beat since it can get you over half way to meeting the 125,000 Rapid Rewards required for the Southwest Companion Pass (read more about that pass here).
There are of course other solid Chase business credit cards like the United MileagePlus Explorer Business Card but these are the top four business cards that I would seek out.
2/30 and 1/30 rule
The first rule you need to know about is the 2/30 rule which generally means that you cannot get approved for more than 2 Chase cards within a 30 day window. There are some exceptions to this rule and people have been approved for more than 3 Chase cards in 30 days in the past but for the most part they are outliers.
The 1/30 rule is a semi-official guideline that states that you should only expect to be approved for one Chase business credit card within a 30 day period. Again, there are exceptions to this as well but if you’re trying to play it safe I suggest that you follow this.
In fact, if you are really trying to play it safe you should put several months between your applications.
I would probably wait six months between applying for Chase business credit cards just to be on the safe side.
No more than one Chase business card?
Another thing to note is that some people just can’t ever seem to get approved for more than one Chase business credit card. We don’t know why some can get a second approval and others can’t but be aware that you could be a part of that unlucky bunch who does not get approved for two business credit cards.
Also, if you’re thinking about going for three or more business cards the odds may start getting stacked against you even more as you get approved for each successive card.
There are definitely some people who have been approved for 4+ Chase business cards the past, but it’s not something that I would personally count on working most of the time.
Can you get two Ink cards with an EIN and SSN?
A common question is if you can get more than one Chase Ink card if you apply for one card with your SSN and then apply for another using an EIN (plus SSN).
The answer is yes you can.
So for example, you could end up with two Chase Ink Preferred cards with this method.
Chase 5/24 Rule
You need to also be aware of the Chase 5/24 rule.
The Chase 5/24 rule means that if you have opened up five or more credit accounts (i.e, credit cards) in the past 24 months you will be denied for certain Chase cards.
This includes accounts opened up across all banks so you count all of your Chase cards opened up plus all of the accounts opened up with other credit card issuers, such as American Express, Citi, Barclays, etc.
Every Chase card is subject to the rule including the:
- Chase Sapphire Reserve
- Chase Sapphire Preferred
- Chase Freedom Flex
- Chase Freedom Unlimited
- Chase Slate
- Chase Ink Preferred
- Chase Ink Cash
- Chase Ink Unlimited
- Southwest Rapid Rewards Plus Credit Card
- Southwest Rapid Rewards Premier Credit Card
- Southwest Rapid Rewards Premier Business Credit Card
- Southwest Priority Card
- United MileagePlus Club Card
- United MileagePlus Club Business Card
- United MileagePlus Explorer Card
- United MileagePlus Explorer Business Card
- Starbucks Rewards Visa Card
You can read more in-depth about this rule here.
How often should you apply for Chase business cards?
I would try to space out my Chase applications so that I don’t risk getting denied for being too hungry for business credit cards.
First, I would not ever apply for two Chase business credit cards at the same time. While Chase does combine inquiries (or more accurately the credit bureaus do), your odds for getting denied are going to go way up by applying for two business cards at the same time (especially with the manual review that can take place now).
Second, I would wait at least 90 days between Chase credit card applications but more preferably, I’d space them out even further apart (6 months seems like a good minimum time frame). Again, patience is often key when it comes to getting Chase business cards.
Chase business reconsideration
There’s a good chance that you won’t be instantly approved for your Chase business card when you apply, especially if you’re going for their best business credit card the Chase Ink Preferred. If you are not instantly approved, don’t sweat it, you’ll just need to wait it out and see what happens with your application.
In the event that you are not approved, then you still have a chance to get a card by calling into the Chase reconsideration line. This is a phone line where you can plead your case on why you should be approved for the card that you’re applying for.
When you call in for a business card they are likely to ask you a few questions about your business which could include the following questions:
- What is your business? (name, legal name, type of organization, etc.)
- Can you describe your industry?
- What products do you sale, how much, etc.?
- How old is your business?
- How long have you been in the trade?
- What is your job title?
- Number of employees?
- Why does your business need this credit card?
If you are applying for your second Chase business card then you need to have a good reason for why you need that card. Is it for a second business or do you need it for your original business? Make sure you have a good reason for why you need that additional business credit card. You can read more about Chase business reconsideration here.
Chase has some exceptional business cards and it’s possible to get approved for more than one of them. However, you need to be patient and not try to rush going for your second card. You also need to be ready to call recon and explain why you needed the card. If you can do those two things then you stand a good chance of getting approved for a second business card. For more on getting approved for business credit cards read on here.
Daniel Gillaspia is the Founder of UponArriving.com and the credit card app, WalletFlo. He is a former attorney turned travel expert covering destinations along with TSA, airline, and hotel policies. Since 2014, his content has been featured in publications such as National Geographic, Smithsonian Magazine, and CNBC.