What is the Chase 5/24 rule?

Make better financial decisions by understanding this rule.

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If your credit card application has been declined by Chase because you’ve opened too many new accounts in the last 24 months — you’ve been affected by Chase’s unpublished 5/24 rule. Understanding what it is and how to avoid it could save you a hard pull, your time, nerves and potentially money.

What is the Chase 5/24 rule?

This is an unwritten rule that says Chase will decline your application for certain credit cards if you’ve opened five or more credit card accounts in the past 24 months. This includes credit cards from all card issuers, even some small business credit cards.

Chase 5/24 cards

As of this writing, all Chase cards fall under the 5/24 rule.

Name Product Filter values Rewards Purchase APR Annual fee
2x points on travel and dining and 1x points on all other purchases
17.99% to 24.99% variable
$95
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.
3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
18.99% to 25.99% variable
$450
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months
2x miles at restaurants, hotels and United and 1x miles on all other purchases
18.49% to 25.49% variable
$0 intro annual fee for the first year ($95 thereafter)
40,000 bonus miles after you spend $2,000 on purchases in the first 3 months from account opening.
5% at office supply stores, on Internet, cable and phone up to $25,000 combined annually (then 1%), 2% on gas and dining up to $25,000 combined annually then 1% after that and on all other purchases
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
$500 bonus cash back after you spend $3,000 in the first 3 months.
1.5% cash back on all purchases
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening.

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How do I check my Chase 5/24 score?

You can sign up for free at experian.com. Once you log in, sort your credit card accounts by opening date. That way you can easily see the accounts you opened in the past two years.

Note: It doesn’t matter if you closed your account during this time. What Chase sees is the accounts you opened.

Do Chase business cards count toward my 5/24 score?

Yes, all Chase business cards count toward the 5/24 rule.

Does being an authorized user count toward my 5/24 score?

Unfortunately, it does. But you can fix this by having the primary cardholder remove you from being an authorized user. After that, call all three major credit bureaus — Experian, Equifax and TransUnion to make sure you are no longer an authorized user.

Chase 5/24 rule exceptions

Some card issuers don’t report their small business credit cards to personal credit unless delinquent. If you have such a card, it may not appear on your credit report. Double check to make sure.

TIP: If you’re looking for a credit card which also has a business version, consider applying for the latter as it may not appear in your report. This may work with card issuers that don’t report business cards to personal credit.

Can I get around the 5/24 rule?

Some customers have reported success in bypassing the 5/24 rule. However, there’s no guarantee these methods will work for you.

  • Selected for you offers. You may get special Selected for you offers with a green checkmark in your Chase account. Some customers report that they have bypassed the rule while others claim their application was declined.
  • Apply in-branch for a personal credit card. Some customers have reported success by applying in-branch instead of online.
  • Apply in-branch for business cards. Try to find a business relationship manager, a BRM banker, and ask them to submit a paper application for a business credit card. Some customers report not being negatively affected by the 5/24 rule this way.
  • Call reconsideration. This may work only if you have five credit cards opened in the past 24 months and one of them is being an authorized user. In that case, you may try calling 888-270-2127 for personal credit cards and 800-453-9719 for business credit cards reconsideration. Know that this may not always work.

Bottom line

Opening too many credit cards in a short period of time can raise a red flag with all credit card issuers, and Chase is no exception. The best workaround is to wait until you have less than five credit cards opened in the last 24 months.

But if you don’t want to wait, check out credit cards from different providers and compare your options.

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