What is the Chase 5/24 rule? Everything you need to know (2024)

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The Chase 5/24 rule is an unwritten policy that prevents you from being approved for a new Chase credit card if you have opened five or more accounts with any bank in the last 24 months.

Even with excellent credit, you’ll likely be denied for certain Chase credit cards if you’ve opened too many credit cards recently. In order to maximize your rewards with Chase, it’s important to understand how the 5/24 rule works and to plan your card applications carefully to avoid going over it.

Which Chase cards are subject to 5/24?

According to user reports, most Chase travel cards, including airline and hotel cards, fall under the 5/24 rule. This includes personal and business credit cards.

Chase personal cards

Aer Lingus Visa Signature® Credit Card
Aeroplan® Card
Amazon Prime Store Card
Amazon Rewards Visa Signature Card
British Airways Visa Signature® Card
Chase Freedom Flex℠
Chase Freedom Rise℠ Credit Card
Chase Freedom Unlimited®
Chase Sapphire Preferred® Card
Chase Sapphire Reserve®
Chase Slate Edge℠
Disney^® Premier Visa^® Credit Card
Disney^® Visa^® Credit Card
DoorDash Rewards Mastercard®
Iberia Visa Signature® Card
Instacart Mastercard®
IHG One Rewards Premier Credit Card
IHG One Rewards Traveler Credit Card
Marriott Bonvoy Bold® Credit Card
Marriott Bonvoy Boundless® Credit Card
Marriott Bonvoy Bountiful credit card
Southwest Rapid Rewards® Plus Credit Card
Southwest Rapid Rewards® Premier Credit Card
Southwest Rapid Rewards® Priority Credit Card

Chase business cards

Southwest® Rapid Rewards® Premier Business Credit Card
Southwest® Rapid Rewards® Performance Business Credit Card
IHG One Rewards Premier Business Credit Card
Ink Business Cash® Credit Card
Ink Business Preferred® Credit Card
Ink Business Premier® Credit Card
Ink Business Unlimited® Credit Card
United℠ Business Card
United Club℠ Business Card
World of Hyatt Business Credit Card

How do I check my 5/24 status?

The best way to check your 5/24 status is to log in to a free service like LendingTree Spring or AnnualCreditReport.com and count the number of card accounts you’ve opened within the last 24 months.

You should count all accounts you have opened within the last two years. This includes both accounts for which you are the primary account holder and authorized user accounts.

You do not have to count the accounts for which you were declined. These may appear under recent inquiries but do not count toward your 5/24 status since they were never opened.

Tip

If you’re waiting for an account to fall off, wait to apply until 25 months since your last account opening to be on the safe side.

What account counts toward 5/24?

As you’re counting up your credit card accounts, it’s important to know that certain accounts may not count against your 5/24 limit. There won’t be any designation on your credit report since this is a rule specific to one credit card issuer and not an industry standard.

As you look through your credit report, you should count:

All personal accounts
Accounts on which you’re an authorized user
Business cards with Discover, TD Bank and Capital One. Any business card that is disclosed to your personal credit report counts toward the 5/24 rule.
Store cards that can be used at other businesses. Cards like the Costco Anywhere Visa® Card by Citi can be used outside of their brand. Closed loop cards, like the Exxon Mobil Smart Card+™, that are only valid at the store they’re for, might be excluded. However, if it’s listed on your credit report, assume that Chase will count it.

Tip

If a credit card account appears on your credit report, count it. Most business credit cards (with exceptions noted above) do not report to your personal credit report and won’t count as one of your five credit accounts.

Chase 5/24 rule exceptions

The Chase 5/24 rule is only for credit cards that report to your credit report. Credit accounts that are excluded from the Chase 5/24 rule include:

Credit cards you were denied for
Small business credit cards (except the ones noted above)
Auto loans
Mortgages
Student loans

Tip

“Just for you” offers from Chase that you receive online or in the mail might be excluded from this rule and can be applied for even if you have met the 5/24 threshold.

Tips for opening your next Chase card if you’re at 5/24

If you’re coming close to hitting the five-account limit to apply for a Chase card or not even close, use these tips to help you as you plan to apply for your next card.

Keep a running list of your cards’ opening dates. This could be in a Google document or a physical notebook. For easier reference, also include the date at which the account will fall off of your personal 5/24 tally.
Apply for Chase cards when you are well below 5/24. Since Chase has this rule, it stands to reason that they would prefer to be your second or third account rather than the fifth.
Remove yourself as an authorized user on accounts. Unless you’re an authorized user to build credit, consider taking yourself off of your partner’s or friend’s account. Once the account falls off your credit report, it should not count against your 5/24 status.
Wait until the 25th month before applying. To avoid a denial, make sure a full 24 months have passed before you apply for your next Chase card. If your earliest card was opened in July 2022, then wait until July 2024 to apply. Don’t apply in June (the 24th month), thinking it’s “close enough.” Without official guidance from Chase on how closely they adhere to this policy, it’s best to err on the side of caution and wait a few more weeks.

All accounts opened within the last 24 months count, including being added as an authorized user. However, you can have yourself removed from the account and then keep an eye on your credit report. Once the card drops off your credit report, it should no longer count toward your 5/24 status.

The Chase 5/24 rule only applies to applications for Chase cards. If you meet the application requirements for a card from Discover or Wells Fargo, it’s possible to apply and be approved.

According to user reports, downgrading from one card to another, such as the Chase Sapphire Reserve® to the Chase Sapphire Preferred® Card, won’t be counted against you. If, before the downgrade, you were at 4/24 then you’d remain at 4/24.

As far as we know, Chase still follows the 5/24 rule. It’s an unwritten policy, and it’s implemented at Chase’s discretion. Also, it may not affect every Chase credit card. For instance, some cardholders reported in 2023 that they were at 5/24 and still approved for Chase-issued co-branded cards like the Amazon Prime Visa.

Some people report that you may be approved if you get preapproved for a Chase card by visiting a branch and talking to a banker. Another option that may work is to look for targeted “just for you” offers that come via mail or appear in your online portal.

Other than this, there are few ways to bypass the Chase 5/24 rule. Chase cardholders report that there used to be workarounds like applying for two cards, one right after the other, to trick the technology. However, once Chase discovered this, the Chase accounts were typically closed.

The information related to the Aer Lingus Visa Signature® Credit Card, Aeroplan® Card, Amazon Prime Store Card, Amazon Rewards Visa Signature Card, British Airways Visa Signature® Card, Chase Freedom Flex℠, Chase Freedom Rise℠ Credit Card, Chase Slate Edge^℠, Iberia Visa Signature® Card, Instacart Mastercard®, IHG One Rewards Premier Credit Card, IHG One Rewards Traveler Credit Card, Marriott Bonvoy Bold^® Credit Card, Marriott Bonvoy Boundless^® Credit Card, Marriott Bonvoy Bountiful credit card, Southwest Rapid Rewards^® Premier Credit Card, United Club℠ Business Card, World of Hyatt Business Credit Card, Costco Anywhere Visa^® Card by Citi, Exxon Mobil Smart Card+™, Prime Visa have been collected by LendingTree and have not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The above offers and/or promotions may have since changed, expired, or are no longer available. Check the Issuers’ website for more details.

On this page

Which Chase cards are subject to 5/24?
How do I check my 5/24 status?
What account counts toward 5/24?
Chase 5/24 rule exceptions
Tips for opening your next Chase card if you’re at 5/24

FAQs

What is the Chase 5/24 rule? Everything you need to know? ›

What is the 5/24 rule? Many card issuers have criteria for who can qualify for new accounts, but Chase is perhaps the most strict. Chase's 5/24 rule means that you can't be approved for most Chase cards if you've opened five or more personal credit cards (from any card issuer) within the past 24 months.

Read On ›

How does the Chase 5 24 rule work? ›

According to the 5/24 rule, you won't be approved for a Chase credit card if you've opened five or more cards from any bank (excluding most business credit cards) in the past 24 months, even if you have an excellent credit score.

Discover More Details ›

How do you get around the Chase 5 24 rule? ›

To avoid the Chase 5/24 rule, wait to apply for a new Chase card until some of your recently opened accounts fall outside the 24-month window. Prioritize applying for the Chase cards that offer the most value to you.

How to check Chase 5/24 rule? ›

How do I check my 5/24 status? Download a copy of your free credit report from one of the three bureaus (Transunion, Equifax or Experian) and count all the credit card accounts that you've been approved for in the last 24 months (also count closed accounts). Add up all these credit card accounts to get your 5/24 score.

See Details ›

How many inquiries are too many for Chase? ›

Hard pulls can affect your credit score and may also hurt your eligibility for new credit cards and/or loans — especially if the number of inquiries reaches six.

Find Out More ›

Does churning hurt your credit? ›

Lowered average age of accounts: Credit card churning can hurt your credit scores because each new account lowers the average age of your credit accounts. In general, a higher average age of accounts is best. Closed credit cards can continue impacting age-related scoring factors until they fall off your credit reports.

Tell Me More ›

Which business cards don't count towards 5/24? ›

Here Are The Business Cards That DON'T Count Against Chase 5/24

American Express.
Bank of America.
Chase (weird that it doesn't count against your Chase 5/24, I know)
Citi.
Barclays.
US Bank.
Wells Fargo.

Nov 20, 2023

Show Me More ›

Are there exceptions to Chase 5/24? ›

Chase 5/24 rule exceptions

The Chase 5/24 rule is only for credit cards that report to your credit report. Credit accounts that are excluded from the Chase 5/24 rule include: Credit cards you were denied for.

Explore More ›

What is the 10x Chase 5 24 rule? ›

The 5/24 rule blocks applicants from opening a Chase credit card if they've opened five or more cards from any issuer in the past two-year period. Understanding this policy could be the difference between rejection or getting a lucrative new card.

Do store credit cards count towards 5/24? ›

If you have specific retail store credit cards, these will only count towards your 5/24 status if the card can be used outside of the specific store. This means if the card has a payment network listed on it such as Visa, American Express, Discover, or Mastercard, it will be counted.

Show Me More ›

How do I know if I am 5/24? ›

There are several ways to check your 5/24 status. If you already subscribe to a service that allows you to see your entire credit report for free or if you've ordered your free credit report from annualcreditreport.com, you can simply count the accounts opened in the last two years.

Read The Full Story ›

What is the 2 30 rule for Chase? ›

Chase 2/30 rule: Too many new cards in one month? Some credit card experts believe that Chase is also likely to decline new card applications if you have opened two credit cards within 30 days. This is known as the "2/30 rule." Because I had just opened two new cards, Chase was reluctant to let me open another.

See Details ›

How many credit cards should you have? ›

It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.

Get More Info Here ›

Do denials count towards 5/24? ›

The following accounts will not count toward your 5/24 standing: Cards for which you applied but were ultimately denied (credit inquiries aren't counted)

Does Chase do a soft or hard pull? ›

Before we dive in, know that Chase will only perform a soft inquiry on your credit report to see if you're prequalified for a card offer. Unlike a hard inquiry — which can negatively impact your credit score and requires your full Social Security number — a soft inquiry only requires very basic personal information.

Is 7 credit cards too many? ›

So, while there is no absolute number that is considered too many, it's best to only apply for and carry the cards that you need and can justify using based on your credit score, ability to pay balances, and rewards aspirations.

View Details ›

How many credit cards will Chase let you have? ›

Hopefully you're not disappointed to learn that there is no official, widespread restriction on the number of credit cards you can have.

Does a product change count against Chase 5 24? ›

Do product changes affect my 5/24 count? According to user reports, downgrading from one card to another, such as the Chase Sapphire Reserve^® to the Chase Sapphire Preferred^® Card, won't be counted against you. If, before the downgrade, you were at 4/24 then you'd remain at 4/24.

Learn More ›

Can you open two Chase credit cards at the same time? ›

Chase reportedly limits credit card approvals to two Chase credit cards per rolling 30-day period. Data points conflict on this, but a safe bet is to apply for no more than two personal Chase credit cards or one personal and one business Chase credit card every 30 days.

Discover More Details ›

Does closing a credit card hurt credit? ›

Will Closing a Card Damage My Credit History? Not really. A closed account will remain on your reports for up to seven years (if negative) or around 10 years (if positive). As long as the account is on your reports, it will be factored into the average age of your credit.

Show Me More ›

What is the Chase 5/24 rule? Everything you need to know (2024)

How Does LendingTree Get Paid?

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Editorial Guidelines

Which Chase cards are subject to 5/24?

Chase personal cards

Chase business cards

How do I check my 5/24 status?

Tip

What account counts toward 5/24?

Tip

Chase 5/24 rule exceptions

Tip

Tips for opening your next Chase card if you’re at 5/24

Recommended Reading

FAQs

What is the Chase 5/24 rule? Everything you need to know? ›

How do I know if I am 5/24? ›