Posted by William Charles on August 23, 2016
Credit Cards

Published on August 23rd, 2016 | by William Charles

139

Over 5/24? Apply For Chase Sapphire Reserve In Branch

Update: If you still have questions, read this post.

Now that the Chase Sapphire Reserve is officially available, there are a lot of disappointed people because the Chase 5/24 rule applies to this card. One of the ways you can bypass this ‘rule’ is by receiving a pre-approval in branch for the card (you can literally just ask if you have any pre-approval offers). A lot of readers let us know they were successfully approved for the card when they did this:

I don’t think I’ve seen any denial data points (at least on this site) for people that were pre-approved.

What If I’m Not Pre-Approved In Branch?

It looks like that pre-approval is really necessary, if you ask and they say you have no offers (or the Chase Sapphire Reserve is not pre-approved) then chances are you will be denied due to 5/24. Here are some data points:

  • 1, 2, 3 (not successful on recon)

I Already Applied Online and I Was Denied, What Can I do?

Thankfully for you, I bring you good news. Three readers also applied online and were denied, they then went in branch and asked if they were pre-approved for any cards (they were). All three of them were approved. You can read about their data points here, here and here.

What If You’re Not Instantly Approved?

I believe this depends on the reason you’re not approved, but you should be able to ask the banker that processed your application if there is any reason why you were denied/if there is anything you can do to get approved. Sometimes they might need to call in and then verify some information, or ask you to reallocate credit limits.

What If There Is No Branch Near Me?

Unfortunately you’re out of luck, the online pre-approval tool isn’t the same. I guess your best option would to be go into a branch next time you travel near one.

Final Thoughts

Personally I’d do this soon (like now) rather than later because you never know when Chase will change their policies. I know we’ve posted about this card an unhealthy amount recently, but I really do think it is kind of special for the first year and while it keeps this big sign up bonus. Share your experience in the comments below.

We’ve also written a Frequently Asked Questions on Chase in-branch approvals here.



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Dima
Dima

Is banking relationship with Chase needed to check on the pre-approval? What kind of information do they need to do the check?

Jon
Jon

+1
If we have no banking relationship, do we just walk into a random branch and say “Can you check what credit cards I’m pre-approved for?”

Chuck

Yes

Lantean
Lantean

i don’t think so.
when you come in, all they ask is your ID and if you have an existing Chase credit card.

if you’re pre-approved, they will ask your income and mother’s maiden name before submitting.

that’s all.

Chuck

To clarify, I meant that you don’t need a checking/savings account. But as Lantean says, you do need some sort of relationship, like a credit card.

Steven
Steven

I had the same thing happen to me (preapproval in branch after being denied online for 5/24). I do not have a checking or savings account with Chase, although I used to have a checking account. I can see the reason for this loophole existing: during the entirety of the time I was there, the banker tried sell me on other products.

Elias
Elias

How much over 5/24 were you guys? I am at 16/24

Lantean
Lantean

i just counted… i was at 26/24… approved for $23k credit line, no problem.

Elias
Elias

THANK YOU! I was approved for 25k!!!

Lantean
Lantean

yay!
😉

MrDioji
MrDioji

How long ago did you open your most recent Chase card?

Lantean
Lantean

I opened Ink cash in March.

Damian
Damian

I am CPC and was pre-approved in branch. Applied through CPC banker and got pending. CPC suggested it was due to too much credit with Chase and 5/24. He called and still couldn’t force through. He is now submitting a manual underwriting request for me.

My question: Should I call recon to see if I can shift credit or just hold tight?

Chuck

I’d wait

Damian
Damian

Good advice. My application was denied but my Chase Private Banker revived it from the dead. It’s true that CPC can bypass 5/24, at least in some cases.

Damian
Damian

I am ~20/24

Adrian
Adrian

Does doing the online check for pre approvals matter in this case? I checked my pre approvals online and didn’t have anything listed.

Shan
Shan

Doesn’t matter… Lot of people had nothing online, but they had preapproval not only for CSR but also for some other cards as well.. Looks like online and bank process are completely different….

Jay
Jay

I went to check if I was preapproved and the banker said I wasn’t, but I was “invited” to apply. I asked what the difference was and he said there wasn’t a difference. Since I haven’t read anything at all about being “invited,” I’m assuming he was just trying to get me to apply for the card for the potential commission.

Mark
Mark

If I upgrade a card for example the CSP to the Reserve card, does this new card count for 5/24?

Chuck

It shouldn’t. I think you’ll be okay.

mord1
mord1

I already have a lot of credit at chase. Should I reduce my CL before going in? or do they seem to be just giving it away if you are preapproved?

Lantean
Lantean

i would not.

if they want to approve you but they need you to move CL around, the system will prompt the banker to call a special number… then they can offer you to move CL.

Chris
Chris

I personally did that yesterday. I think that increases my chances of automatic approval, as I was somewhere close to the limits that Chase would have been happy to extend me more credit based on my income.

Chuck

I also just lowered my credit lines.

Dan

FYI Doc, I’ve seen 2 data points where in-branch pre-approvals were denied. One DP suggested that having too many Chase credit cards could have played a role, IIRC.

Dan

***To clarify, I meant too many new credit cards played role in denial for pre-approved applicant.

p1
p1

CPC, with about 8/24, 3 with Chase. I applied in branch with a CPC banker yesterday. The banker didn’t mention any pre-approvals (and I didn’t know to ask) and just helped me put in the application. Got a 7-10 day pending.. Seems like the banker basically did nothing extra in the application that I couldn’t have done myself online..

Should I call recon?

Chuck

Go through your CPC banker. That’s the best way.

Tom
Tom

I’ll second that. Same thing happened to me. I called Recon and got rejected. You can have your CPC banker file an appeal.

Hertz
Hertz

After being denied online yesterday, I just stopped into a Chase branch in Manhattan this morning. I was not pre-approved in their system, and after going thru the application process with the rep, I got the dreaded “you’ll find out by mail in 7-10 days” answer. So this is hardly a guaranteed workaround folks.

My stats: 7/24, 820 FICO, 400k annual household income, 3 other Chase cards but no banking accounts.

Ant
Ant

Just tried….banker said I didn’t have a pre-approval for it.

I’m around 10/24

Damian
Damian

I am CPC and was pre-approved in branch. CPC banker submitted my application in-branch, but immediately went to pending. He called while I was there and told me I had too much credit with Chase and alluded to being over 5/24 (I’m ~20/24). Followed up later in the day and said he would have to do a “manual underwriting.”

Questions: Does anyone have experience with manual underwriting? Should I call Recon myself to see if I can move credit around, or just hold tight?

Chuck

I think you should continue to go thru your banker, not the regular recon line.

Credit
Credit

I have fraud alert on my credit report. Whether pre-approved or not the application always goes pending. Then some human looks at it and tries to earn his salary by denying the application even if the automated system would have approved me or they have already approved multiple people over 5/24 etc.

Loosen up chase bankers.

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