In the world of points and miles, mention of the infamous 5/24 rule is sure to appear whenever the Chase card appears. In short, this refers to the unofficial rule that Chase will not approve a credit card application for someone who has opened five or more new credit cards from any issuer in the past 24 months.
However, without any officially announced policies from Chase, dissecting the 5/24 rule still relies heavily on crowd-sourced data. There are outlier data points that can turn out to be wrong, as well as exceptions to what we generally believe to be true.
Here’s everything you need to know about Chase’s 24/5 restrictions.
What is the Chase 5/24 rule?
To be approved for any 5/24-compliant Chase card, you must not have opened five or more personal credit cards across all banks in the past 24 months (more on business card In a moment).
This means you really need to below 5/24 will be approved. The 5/24 rule only applies to getting approved for cards issued by Chase, but your 5/24 count includes credit cards from all banks.
Related: The best ways to use your location 24/5
Are all Chase cards 5/24 compliant?
Most travel cards issued by Chase are subject to approval by May 24, including co-branded cards. The following are the cards reported to be subject to the 5/24 rule:
*Information about these cards was obtained independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
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Reader reports also indicate that it’s possible to apply for too many Chase cards too quickly resulting in account audits and closures, regardless of your 24/5 status. Some online reports have noted that Chase will not accept you for more than two new accounts within a 30-day period.
Therefore, the general recommendation is to avoid signing up for new accounts more frequently than once every three or four months.
Remember that 5/24 is not the only factor that determines whether your Chase credit card is available Application has been approved – your credit scoreincome, debt level and many other variables are also considered. For business cards, Chase also sometimes requires documents such as financial statements or articles of organization to prove that you have a legitimate business or sole proprietorship.
Related: Solving the confusion: How to complete the Chase business credit card application
How do I check my 24/5 status?
We’ve found the easiest way to check your status 24/5 is to sign up by Experian free credit reporting service (make sure you don’t accidentally sign up for a paid service – unless that was your intention).
Using the Experian app, you can view all your accounts and sort them by the date they were opened. From here, count everything opened within the last 24 months. Chase only looks to see if the account is open — it doesn’t matter if you close it.
According to most recent data points, you technically won’t be below 5/24 until the first day of the 25th month after your fifth account is opened. For example, if your fifth recent account was opened on October 17, 2023, don’t apply for a new card until at least November 1, 2025.
Related: How to calculate your 24/5 location
Which accounts add to your 24/5 status?
The following accounts count towards your 24/5 position:
- All personal credit cards opened at any bank within the last 24 months (even if they are is now closed).
- Business card open with Detect and TD Bank in the past 24 months, plus any Capital One small business cards in addition to the card Capital One Spark Travel Elite Card And Capital One Spark Cash Plus account.
- Authorized user card from someone else’s personal card opened in the last 24 months, as reported on your credit report. However, you can call Chase’s review line and request that these accounts not be reviewed.
- Specifically card shop opened in the last 24 months is part of the national payment system and can be used elsewhere. Some data points show that even store cards that can only be used at a single establishment now count. Assume that if it appears on your credit report, Chase will count it.
Information about the Spark Travel Elite card has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
The following accounts will not be counted towards your 5/24 ranking:
Related: These business cards can help you follow Chase’s 5/24 rule
What about switching and upgrading cards?
Depending on how the bank handles card switching or upgrade — also known as a product change — it may not be reported as a new account. Before completing an upgrade or product change, ask your bank whether a hard credit pull can be completed. Also, ask if you’ll receive a new account number after the switch.
If the answer to one (or both) of these questions is yes, it could be a sign The account will be considered new and add to your 24/5 location.
Related: Do product changes and conversions count toward Chase’s 5/24 rule?
Are all methods for getting through May 24 dead?
Had Some cases recently when cardholders ignored the 5/24 rule adopted Targeted “Just for You” offers. To see if you’re a target, navigate to “Just for You” under “Product Discovery” in the left menu bar when you log in to your Chase personal account.
If you really want the card now and May 24 has passed, you can try to exchange the product within Chase Ultimate Rewards card family (assuming you have held the card you want to convert for at least a year). However, unless you are specifically targeted for a card upgrade bonus, you will not receive a sign-up bonus for any product changes.
Related: When should you ignore Chase’s 24/5 rule?
24/5 Chase FAQ
Can I apply for two Chase cards on the same day when I’m 24/4 and get approved for both?
Historically, some data points suggest that you could apply for two Chase cards on the same day when you’re on 4/24. However, one of the applications may be automatically rejected in this case. If you then call the reconsideration line, the agent may see your new (approved) account, which may disqualify you for a second account (even though you still has the second most difficult request for his account).
In either case, keep in mind that Chase may scrutinize customers who apply for credit too quickly. Our recommendation is to only apply for one Chase card at a time.
I applied for the card the day I got under 5/24 and was denied. What can I do?
Wait until the first of the next month and call Chase’s reconsideration line or reapply after the first of the following month.
I am at or above 5/24. Can I get a card from another bank?
Correct. Approval for credit cards issued by banks other than Chase is not affected by your 5/24 score. Of course, Each bank has its own approval criteria.
Do Chase business cards count toward my 5/24 score?
Are not. If you are approved for a Chase business card, it will not increase your 5/24 position. However, you must be under 5/24 to be approved for most Chase business cards.
What if I’m under 5/24 but have an authorized user account on my credit report that shows me on (or over) 5/24?
Your application may be rejected outright or flagged for further review. In either case, you’ll want to Call Chase’s reconsideration line and note which accounts are authorized user accounts. The agent will likely ask whether you are responsible for these accounts and may approve you if someone else is the primary cardholder. However, this is a manual process and it may not work.
Instead, consider planning ahead and removing yourself as an authorized user at least a month before submitting your application.
Related: How TPG employees with the most credit cards handle Chase’s 5/24 rule
Bottom line
Chase’s 24/5 is a firmly entrenched rule that shows no signs of going away anytime soon. This means you need to Extremely strategic about your rewards app and strategy so you can maximize your five allowed Chase slots.
If you’re starting out in the credit card rewards industry and aren’t close to 5/24, you’ll want to Priority is given to getting a Chase card first. But remember not to try to fill up your five slots with Chase cards too quickly. Go slow and be smart about what card you apply for and when you do it.
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