Update: I believe 5/24 is fully applicable to this card and I cannot recommend applying if you are over 5/24. Your best bet is to go to a branch and see if you are pre-approved. That seems to be working to get around 5/24.
A real quick post to highlight that a public link is now live for the 100,000 point signup bonus on the Chase Sapphire Reserve. Here is a direct link to the offer.
The big news is whether this card is subject to the 5/24 rule and right now the results are inconclusive. There are over 3,300 comments in this thread on Reddit so it is quite a task to go through but there are data points for both approvals and denials for those who are in violation of the 5/24 rule. As such, it is difficult to say for sure at this point whether this card is subject to 5/24 but I am leaning towards yes. There is speculation that the approvals came from people who might have been prequalified and thus got around 5/24. I think in the coming hours or days we will have a lot more clarity on whether the 5/24 rule is in effect but the more recent update seem to indicate 5/24 is in effect.
In my post yesterday on the hype of this card, I mentioned how this offer was available yesterday in branches though it was obviously tough to find a branch open on Sunday. Someone on Reddit created a survey and asked those who applied to provide data to determine any trends for those who were approved. I frankly think the survey isn’t very clear or easy to follow but here it is if you want to go through the data.
I fully expect Chase to be slammed with applications so if you get a pending decision, it might take a while to get a decision. You could call reconsideration and probably get a quicker decision though if 5/24 is the reason for denial, there is no amount of pleading you can do to get an approval.
Good luck to all applying today! Please report any success or failures in the comments including whether you were over 5/24 or not.
is sapphire preferred and sapphire reserved considered the same product? i have the SP
i am under the 5/24
Different products. You can get it