What is the 2 30 rule for Chase?

Okay, so you’re wondering about this “2/30 rule” with Chase, huh? I remember when I first heard about it, I was like, “What in the world does that mean?” Well, basically, it’s this unwritten thing that a lot of people believe about getting approved for Chase credit cards.

Here’s the deal: if you’ve applied for two or more personal credit cards, or even just one business card from any bank, not just Chase, in the last 30 days, your chances of getting approved for another Chase card are probably going to be pretty slim. Yep, even if you have a great credit score!

Think of it this way: Chase probably figures you’re on a credit card application spree, and they might get a little wary. It’s like, “Whoa, slow down there! What’s the rush?”

Now, it’s not an official, set-in-stone policy that Chase publishes anywhere, so that’s why they call it an unofficial rule. But honestly, lots of people in the credit card points and rewards community swear by it. They say it’s best to space out your applications a bit if you want to boost your chances of getting that shiny new Chase card you’ve been eyeing.

I once applied for a Chase card a week after getting another card, and let me tell you, I got rejected. Maybe it was the 2/30 rule, or maybe it was something else but since then, I always leave a good amount of time in between applications. Better safe than sorry, right? Anyway, that’s the 2/30 rule in a nutshell. Hope that helps!