The Chase 5/24 Rule Doesn't Apply to Some Chase Credit Cards, Even in 2018. This is good news, as it means you can earn the signup bonus again for the following Chase credit cards, as long 1) you don't currently have the card; and 2) you haven't earned a signup bonus for the same card within the past 24 months.
What is the Chase 5/24 rule?
Simply put, Chase usually denies credit card applicants who have opened 5 or more credit cards (of any kind, not just Chase) within the past 24 months. Note that most business cards (such as AMEX, Chase, Citi, Bank of America, Barclays, U.S. Bank) do NOT report business cards to the personal credit bureaus, so these types of business cards do NOT count against 5/24. That said, Capital One and Discover and perhaps some smaller banks DO report business cards to the personal credit bureaus, so don't apply for business cards from them, if you want to get below the Chase 5/24 threshold while still applying for business credit cards.
Chase Credit Cards Not Subject to 5/24
- Aer Lingus Visa
- British Airways Visa
- Iberia Visa
- Hyatt Visa
- IHG Premier Visa
- Marriott Rewards Premier Plus Business Visa (although note stringent bonus eligibility restrictions–in addition to the usual disqualification if you're a current Marriott Rewards Business cardholder or received a bonus for it within the past 24 months, you'll also be disqualified from the bonus if you are currently or were recently an SPG AMEX cardholder, current or previous SPG Business AMEX cardholder who received a bonus within the past 24 months, or if you applied and were approved for an SPB Business card or an SPG AMEX Luxury Card within the past 90 days)
The above are the key travel cards that are exempt from Chase 5/24. There's also the following cards, which I do NOT recommend wasting a hard pull on:
- Chase AARP Visa
- Chase Amazon Visa (see Amazon Visa 5% Back on Whole Foods and Why the Ink Plus and Ink Cash Still Beat It)
- Chase Disney Visa
Are There Other Ways to Get Around Chase 5/24 for Other Chase Credit Cards?
If you're applying for a Chase card not listed above, you may still be able to get around Chase 5/24 restrictions through one of the following:
Just as with American AAdvantage credit cards (see Reader Success: Earning Citi AAdvantage Signup Bonus Again), if you receive a targeted offer via snail mail for a Chase credit card, it can enable you to bypass Chase 5/24, even if you normally wouldn't qualify.
Some readers report being told in-branch (without them asking) about credit card offers they're pre-approved for. A true pre-approval offer should have a fixed APR (not a range).
Business Relationship Manager Paper Application
If your goal is a Chase business card, it may be possible to get around Chase 5/24 if a Chase Business Relationship Manager submits a paper application via fax (not online) as it will then go to a business lending department that does not adhere to 5/24. Note that usually significant business revenue is required, and not all Chase branches even have a Chase BRM, so your mileage may vary.
My husband, who is well over 5/24, recently applied for and was approved for the British Airways Visa, which he hadn't earned a bonus for in over 24 months. Have you recently been approved for a Chase card not subject to Chase 5/24?
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