Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.

The Chase 5/24 Rule – Which Cards Are Impacted? Are There Exceptions?

Alex Miller's image
Alex Miller
Alex Miller's image

Alex Miller

Founder & CEO

298 Published Articles

Countries Visited: 34U.S. States Visited: 29

Founder and CEO of Upgraded Points, Alex is a leader in the industry and has earned and redeemed millions of points and miles. He frequently discusses the award travel industry with CNBC, Fox Business...
Edited by: Keri Stooksbury
Keri Stooksbury's image

Keri Stooksbury

Editor-in-Chief

52 Published Articles 3484 Edited Articles

Countries Visited: 50U.S. States Visited: 28

With years of experience in corporate marketing and as the executive director of the American Chamber of Commerce in Qatar, Keri is now editor-in-chief at UP, overseeing daily content operations and r...
& Kellie Jez
Kellie Jez's image

Kellie Jez

Director of Operations & Compliance

6 Published Articles 1243 Edited Articles

Countries Visited: 10U.S. States Visited: 20

Kellie’s professional experience has led her to a deep passion for compliance, data reporting, and process improvement. Kellie’s learned the ins and outs of the points and miles world and leads UP’s c...
Jump to Section

We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

Key Takeaways

  • The Chase 5/24 rule limits approvals for Chase credit cards if you’ve opened 5 or more credit cards from any issuer in the past 24 months.
  • This rule applies to most Chase cards, making it important to be strategic about when you apply.
  • Understanding your current 5/24 status by checking your credit report can help avoid unnecessary denials.

Before applying for any credit card, you should become familiar with the issuing bank’s application rules. Every bank has rules, some of which restrict who can open particular cards. Chase has one of the most stringent rules in the industry, known as the “Chase 5/24 rule,” which we’ll explain here.

The 5/24 rule is an internal rule that Chase doesn’t formally publish. It’s based on crowdsourced information from Chase credit card approvals and denials. Even though it’s unofficial, it has been in existence for years.

If you plan on getting more than 1 travel rewards card (and Chase has some of the best!) to start building up your miles & points balances, then you need to know the ins and outs of the Chase 5/24 rule.

The Chase 5/24 Rule

Put simply, Chase will not approve you for any of its cards if you have already opened 5 (or more) credit card accounts in the last 24 months (with a few exceptions).

This includes cards you open at Chase and cards you open at other banks that are reported to your personal credit report.

The good news? Most business credit cards DO NOT count against you under the 5/24 rule.

Which Credit Cards Are Impacted by Chase 5/24?

Disclaimer: This information is based on crowdsourced reports and is subject to change; Chase does not officially confirm this list.

The 5/24 rule currently impacts applications on all Chase cards, including:

Advertisement

How Does Chase Know What Accounts I Open?

When you submit a new Chase credit card application, you authorize Chase to access your personal credit report. Chase will pull this report from 1 of the 3 major credit bureaus: Equifax, Experian, or TransUnion. The bureau used depends upon where you live and differs from state to state.

Chase reviews your credit report, which shows credit card accounts reported by other banks where you have accounts. And each reported account shows an opening date and payment history. Chase uses this information, along with factors like your credit score and income, as part of its decision to approve or deny your application.

Which of My Accounts Are Included in the 5/24 Count?

Chase counts all new accounts it sees on your personal credit card report toward your 5/24 total.

Accounts that may count in the Chase 5/24:

  1. New personal credit cards that you open at any bank. Even if you later close these accounts, they still are counted.
  2. Retail credit cards that you open. These are credit cards, too!
  3. If you are added as an authorized user to someone else’s credit card account.
  4. Business cards from Capital One (except the Capital One Spark Cash Plus CardInformation collected independently. Not reviewed by Capital One.), Discover, and certain other banks. However, MOST business credit cards DO NOT count against you under the 5/24 Rule.

Also worth noting is that denied credit card applications won’t count against you. If you’ve applied for a card and are denied, that application won’t show up on your credit report. Therefore, the application won’t count against your 5/24 status.

How To Check Your Chase 5/24 Status

The best spot to look in order to determine your 5/24 count is your credit report. Your credit report will show the credit card accounts you’ve opened and when you opened them. From there it’s just about doing a bit of math.

Count 24 months back from the day you’re checking your report. Then count the number of accounts that were opened within that timeframe. For example, if you check your report on August 1, 2022, you’ll need to count the number of credit card accounts you opened between August 1, 2020, and August 1, 2022.

Advertisement

Removing an Authorized User

If you are added as an authorized user to someone else’s account, this will be reported to the credit bureaus. Chase doesn’t distinguish between an account in your name (where you are the primary user) and authorized user accounts.

The good news is that you can erase an authorized user account from your credit report with a bit of work. Here’s how:

  1. Have the primary user contact their bank and remove you as an authorized user.
  2. Contact the 3 credit bureaus to remove the authorized user account from your report (Equifax, Experian, TransUnion). You need to contact all 3 bureaus because you can’t be sure which bureau Chase will use for your application.

Having the authorized user account removed from your credit report won’t happen overnight, though. It can sometimes take 60 to 90 days. So if you’ve already applied for a card, it’s worth calling Chase’s reconsideration line and asking for an exception if it’s an authorized user account that’s preventing you from being approved for a Chase card.

Signing up for Chase Credit Cards After 5/24

chase bank
Image Credit: Tooykrub via Shutterstock

If you’ve hit 5/24 and are looking to sign up for a new Chase credit card, there are a few approaches to take:

1. In-branch Pre-approvals

As much as we all love the internet, did you know you can still sign up for a credit card in person? You will sometimes find that you are pre-approved for a Chase card if you visit a bank branch and speak with a banker.

2. Targeted Mailers

Sometimes you might receive a physical offer in the mail, which you can complete either by visiting a Chase branch or going online to finish your application.

3. Targeted “Just for You” Offers

On your Chase Ultimate Rewards account under Explore Products, you might find cards offer under Just for You. There are reports of some of these offers (if they’re showing a fixed APR) bypassing the 5/24 rule.

Final Thoughts

The Chase 5/24 Rule has shaken up how miles and points enthusiasts decide what credit cards to open. Many people new to earning credit card points have made earning Chase Ultimate Rewards points with Chase cards a priority ahead of applying for credit cards from other banks.

Hopefully, Chase rethinks this rule at some point. Until then, we’ll keep an eye out for any changes and let you know! It can be frustrating for those already beyond 5/24 to want some of these cards.

The information regarding the Capital One Spark Cash Plus Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Amazon Rewards Visa Signature Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Chase Freedom Flex℠ was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Marriott Bonvoy Bold® Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Marriott Bonvoy Boundless® Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the United Club℠ Business Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

Frequently Asked Questions

What is the Chase 5/24 rule?

This rule refers to a restriction that Chase places on credit card applicants. If you have opened 5 cards in the last 24 months, Chase will not approve you for any of its products.

Are charge cards included in the count of 5?

Yes. Personal charge cards issued by American Express will be counted.

If I'm an authorized user on someone else's account, will that count toward my 5/24?

Yes. However, you can have this authorized user account removed from your personal credit report by contacting the issuing bank.

I'm at exactly 5/24 but not above the limit. Can I still get a card impacted by the rule?

No. At this point, you are restricted by Chase until your time has passed.

Does Chase care about credit inquiries?

While hard inquiries will show on your credit report for up to 2 years, these inquiries aren’t factored into your 5/24 status. Only accounts opened in the past 24 months count against your 5/24 status.

Alex Miller's image

About Alex Miller

Founder and CEO of Upgraded Points, Alex is a leader in the industry and has earned and redeemed millions of points and miles. He frequently discusses the award travel industry with CNBC, Fox Business, The New York Times, and more.

INSIDERS ONLY: UP PULSE

Deluxe Travel Provided by UP Pulse

Get the latest travel tips, crucial news, flight & hotel deal alerts...

Plus — expert strategies to maximize your points & miles by joining our (free) newsletter.

We respect your privacy. This site is protected by reCAPTCHA. Google's privacy policy  and terms of service  apply.

Deluxe Travel Provided by UP Pulse
DMCA.com Protection Status