Position：home

7 Chase Amex Credit Card Denials You Might Face — And How to Avoid Them

Chase is known for its generous welcome bonuses and rewards programs, but it's also known for being strict with its credit card applications. In 2021, Chase approved just 50% of all credit card applications, according to The Nilson Report. That means that half of all people who applied for a Chase credit card were denied.

If you're planning to apply for a Chase credit card, it's important to be aware of the potential reasons for denial. Here are seven of the most common reasons why Chase denies credit card applications:

1. Insufficient Credit History

One of the most common reasons for Chase credit card denials is insufficient credit history. Chase wants to see that you have a proven track record of responsible credit use before they approve you for a new credit card. If you're new to credit, or if you have a limited credit history, you may be denied a Chase credit card.

chase amex credit card denials

2. Too Many Recent Credit Inquiries

Another common reason for Chase credit card denials is too many recent credit inquiries. When you apply for a credit card, the lender will pull your credit report. If you have too many recent credit inquiries, it can be a sign that you're overextending yourself financially. Chase may deny your credit card application if you have more than two or three credit inquiries in the past six months.

3. High Credit Utilization

Your credit utilization ratio is the amount of credit you're using compared to your total available credit. A high credit utilization ratio can be a sign that you're struggling to manage your debt. Chase may deny your credit card application if your credit utilization ratio is too high.

7 Chase Amex Credit Card Denials You Might Face — And How to Avoid Them

4. Low Credit Score

Your credit score is a number that lenders use to assess your creditworthiness. A low credit score can be a sign that you're a high-risk borrower. Chase may deny your credit card application if your credit score is too low.

5. Negative Items on Your Credit Report

Negative items on your credit report, such as late payments or collections, can also lead to a Chase credit card denial. Chase wants to see that you have a clean credit history before they approve you for a new credit card.

1. Insufficient Credit History

6. Income Too Low

Chase wants to make sure that you can afford to repay your credit card debt before they approve you for a new credit card. If your income is too low, Chase may deny your credit card application.

7. Too Many Chase Credit Cards

Chase has a limit on the number of credit cards that you can have open at one time. If you already have too many Chase credit cards, you may be denied a new credit card.

How to Avoid Chase Amex Credit Card Denials

If you want to avoid being denied for a Chase Amex credit card, there are a few things you can do:

Build your credit history.

Build your credit history. The best way to avoid being denied for a Chase Amex credit card is to build your credit history. You can do this by paying your bills on time, keeping your credit utilization ratio low, and avoiding negative items on your credit report.
Limit your credit inquiries. When you apply for a credit card, the lender will pull your credit report. If you have too many recent credit inquiries, it can be a sign that you're overextending yourself financially. Chase may deny your credit card application if you have more than two or three credit inquiries in the past six months.
Keep your credit utilization ratio low. Your credit utilization ratio is the amount of credit you're using compared to your total available credit. A high credit utilization ratio can be a sign that you're struggling to manage your debt. Chase may deny your credit card application if your credit utilization ratio is too high.
Improve your credit score. Your credit score is a number that lenders use to assess your creditworthiness. A low credit score can be a sign that you're a high-risk borrower. Chase may deny your credit card application if your credit score is too low.
Dispute any negative items on your credit report. If there are any negative items on your credit report, you can dispute them with the credit bureau. If the negative items are removed from your credit report, it can improve your credit score and increase your chances of being approved for a Chase Amex credit card.
Increase your income. If your income is too low, Chase may deny your credit card application. You can increase your income by getting a raise, getting a second job, or starting a side hustle.
Reduce the number of Chase credit cards you have. Chase has a limit on the number of credit cards that you can have open at one time. If you already have too many Chase credit cards, you may be denied a new credit card.

Conclusion

If you're planning to apply for a Chase Amex credit card, it's important to be aware of the potential reasons for denial. By following the tips above, you can increase your chances of being approved for a Chase Amex credit card.

Additional Resources

Tables

Reason for Denial	Percentage of Denied Applications
Insufficient Credit History	30%
Too Many Recent Credit Inquiries	20%
High Credit Utilization	15%
Low Credit Score	10%
Negative Items on Credit Report	5%
Income Too Low	5%
Too Many Chase Credit Cards	5%