Generally, the higher your credit score, the more likely you’ll be instantly or eventually approved. According to a knowledgeable Reddit user who compiled reports from thousands of people, approximately 84% of all Reserve credit card applicants received approval, leaving 16% who got denied. Chase offers four possible fates when you apply for a card: Instant approval Instant denial Pending decision, eventually approved Pending decision, eventually denied Chase hardly ever instantly denied applicants with scores above 780, whereas 50% of those with scores below 600 were shot down immediately. In the range between 600 and 780, applicants were likely to receive a pending status, with the majority eventually receiving approval. Chase has a blanket, if unwritten, policy known as the 5/24 Rule that limits you to five new credit accounts within a 24-month period. We’re talking about any five credit or charge accounts, not just the ones from Chase. If you flunk the rule, then no card for you, even if you’re proudly sporting that 850 FICO score.