Datapoint: The New Chase Ink Preferred Business Card is Subject to the 5/24 Rule

This is probably not a surprise to most of you reading this but I can now confirm that the new Chase Ink Preferred business card is subject to the 5/24 rule as I got my denial letter in the mail yesterday.


For a bit of background, the Chase Ink Preferred is a new business card from Chase that technically isn’t available to the public yet. It will have a 80,000 point signup bonus though it does not offer 5x categories. Interestingly, just as it happened with the Sapphire Reserve before it officially launched, last week two rouge links were found (and posted to this Reddit thread) that allowed you to apply for the card. The big unknown was whether this card would be subject to Chase’s 5/24 rule even though the prevalent thought was it would be, based on other Ink products being subject to this rule.

That said, this was potentially a big development as folks who applied for the Sapphire Reserve via those leaked links before it was officially launched were able to bypass the 5/24 rule and get the 100k signup bonus. There was hope that these links for the Ink Preferred would follow those some guidelines and give folks like myself who are way over 5/24, a chance to get the card. In this case, the landing page showed no mention of the signup bonus but I felt confident (along with others) that Chase would match the bonus so I wasn’t worried about that. Instead, I gambled that the chance of this link working to bypass the 5/24 rule and earn 80k Chase UR points was worth the cost of a hard pull.

In the end, I obviously lost out but for me, it was still worth the gamble as frankly, one hard pull doesn’t matter much to me at this point and the potential reward was almost $1,500 worth of points depending how you value them. Just remember, “You miss 100 percent of the shots you don’t take” — Wayne Gretzky — Michael Scott.