I wrote in November about many reports from people getting approved for some Chase cards, despite being over 5/24.
Incredibly, that doesn’t appear to have been a glitch. There are still lots of reports of Chase card approvals, despite being over 5/24. Most of these reports are from Chase co-brand consumer cards, but if you try your luck on any Chase cards, post a comment with the results!
Chase co-brand consumer cards include:
- Aer Lingus Visa
- Air Canada Aeroplan Mastercard
- British Airways Visa
- Iberia Visa
- IHG Premier
- IHG Traveler
- Marriott Bonvoy Boundless
- Marriott Bonvoy Bold
- Southwest Plus
- Southwest Premier
- Southwest Priority
- United Club
- United Explorer
- United Quest
- World of Hyatt
- Disney Premier
The Chase 5/24 rule has been around for years. If you have been approved for 5 or more consumer cards in the past 24 months, you would be automatically denied when applying for a Chase card.
While the policy was unofficial, it did show up on the Sapphire Reserve application very briefly, though it was quickly removed:
5/24 doesn’t look at card applications. It only counts the number of credit cards (on the single report that they pull) that have been opened within the past 24 months. The report that Chase pulls can vary from card to card and state to state.
You can get all 3 of your reports (Experian, Equifax, and Transunion) for free on annualcreditreport.com to see how many cards you have that have been opened within the past 24 months.
Do you think Chase will continue to wind down the 5/24 rule or will they reinstate it? Share your data points on applying for Chase cards despite being over 5/24!