Best for:It offers up to 5% cash back.Earn 3% back at Amazon.com and Whole Foods Market or 5% if you’re an eligible Amazon Prime member. You also earn 2% back at restaurants, gas stations and drugstores, and 1% back on all other purchases. Rewards can be redeemed at Amazon.com.There’s a $0 annual fee for this card.Chase offers a very simple online application process. If you’re already a Chase customer you can apply more quickly by logging into your account first.
For example, you are allowed to include the income of your spouse or domestic partner, so long as you have a reasonable expectation of access to it for the purpose of repayment. You can also include any income you receive from investments, government benefits, alimony and child support. Unique to Chase is something called the 5/24 rule. It is a restriction against being approved for a new account if you’ve opened five or more credit card accounts, from any card issuer, within the last 24 months. While Chase has never confirmed the existence of the 5/24 rule, many have felt the effects of it.Your credit score will improve as you pay down your existing balances.
And if you aren’t immediately approved for the card, you can contact Chase’s reconsideration phone number of 88-270-2127 for consumer cards and 800-453-9719 for small business cards. This is when you can find out why your application was declined, and what you can do about it. For example, you may be able to transfer part of an existing line of credit to a new account, or close an account you aren’t using. You can also correct any errors you made in your application.
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