What is 5/24 Rule (Chase)?

Chase's unofficial policy of automatically denying credit card applications from people who have opened 5 or more credit card accounts (from any issuer) in the past 24 months.

Chase's unofficial policy of automatically denying credit card applications from people who have opened 5 or more credit card accounts (from any issuer) in the past 24 months. This rule applies to most Chase cards and is one of the most important factors in card application strategy.

Closely related concepts include Churning, Hard Inquiry (Hard Pull). Each of these helps clarify different aspects of the same topic.

5/24 Rule is a card types concept. It typically appears in the context of specific card types and products.