Chase does not approve applications for certain credit cards if the applicant has already opened 5 or more credit card accounts in the last 24 months. It is not only for the cards you open at Chase, but also cards you open at any other bank that is reported to your personal credit report.  This is the Chase 5/24 rule.

If you have been following cards for Travel for a while, or have applied for more than a couple of credit cards over the last few years, you have most likely stumbled upon what the internet refers to as the chase ''5/24'' Rule.

While there is no official bank documentation outlining this policy, it's widely referred to by points and miles collectors and very important to understand.

Whether you have loved new credit cards and the signup bonuses that come along with them for a while, or if you're just getting your first travel rewards credit card, here are few things you should know about the 5/24 rule:

  • The rule affects applications for chase personal and small business credit cards ( including the Chase Sapphire Preferred and Ink Business Preferred).
  • The number of credit cards opened in the last 24 months is a rolling count. if, for instance, your 5th credit card was opened 23 months ago, you will be eligible again in just one month.
  • small business credit cards do not count towards your 5th cards.
  • if you are a Chase Private Client, you may be exempt from this rule.
  • if you are an authorized user of another card, it will count towards your 5/24 card tally.
  • even if you are under 5 card applications, you could still be declined for a card application for another reason.
Woman using credit card online
Chase 5/24 Rule Photo by bruce mars from Pexels


If you are new to travel credit cards and/or have not opened any new card accounts in the last two years, and you want to get a Chase Ultimate Rewards earning card like the Chase Sapphire Preferred or the link Business Preferred, we recommend that you prioritize these.

If you do plan to apply for more than one or two cards ina two year period, we recommend keeping track of the application dates of all your credit cards.

If you have opened your credit card accounts in the past 24 months and did not keep a record of that, you can request any one of your annual credit reports for free to see when you opened the account.

It is important to note that every individual card issuing bank has its own rules the same as 5/24 which limits how often you can get a sign up bonus.


If you are not sure about how many times you have applied for cards in 24 months, you can check your credit report, which includes the dates you opened each account. You can also get one free copy of your report from each of the three credit bureaus every year through

once you can see each of your account dates, simply count your new account you have opened in the last 24 months to determine your X/24 figure.

''Do keep in mind that this applies to new credit card accounts, so things like auto loans do not add to your 5/24 count.''

Some business cards are not reported on your personal credit unless there is a problem. Business cards that are not on your credit report likely will not count toward the 5/24 rule.


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