![]() ![]() The following accounts count toward your 5/24 standing: Related: How to calculate your 5/24 standing What accounts add to your 5/24 status? 17, 2021, do not apply for a new card until at least Nov. For example, if your fifth most recent account was opened on Oct. MARKO GEBER/GETTY IMAGESĪccording to most recent data points, you will not technically be below 5/24 until the first day of the 25th month after your fifth account was opened. Instead of tracking your 5/24 status manually, there are tools that can help you figure out where you are at in your credit card journey. Chase only looks at whether an account was opened - it doesn't matter if you've since closed it. From here, count anything opened within the last 24 months. Using the Experian app, you can view all of your accounts and sort them by the date they were opened. We've found the easiest way to check your 5/24 status is to sign up for the free credit report service at Experian (make sure you don't accidentally sign up for a paid service). Related: Clearing up the confusion: How to complete a Chase business credit card application How do I check my 5/24 status? For business cards, Chase also sometimes requests documentation such as financial statements or articles of organization to show that you have a legitimate business or sole proprietorship. Remember that 5/24 is not the only factor determining whether your Chase credit card application is approved - your credit score, income, debt levels and many other variables get considered. Some online reports have noted that Chase will not accept you for more than two new accounts within 30 days.īecause of that, a general recommendation is to avoid applying for a new account more frequently than every three or four months. Reader reports also indicate that applying for too many Chase cards too quickly can lead to account scrutiny and shutdowns, regardless of your 5/24 status. The Points Guy will not share or sell your email. ![]() I would like to subscribe to The Points Guy newsletters and special email promotions. The card details on this page have not been reviewed or provided by the card issuer. *The information for these cards has been collected independently by The Points Guy. Marriott Bonvoy Bountiful Credit Card.*.IHG One Rewards Premier Business Credit Card.Southwest Rapid Rewards Performance Business Credit Card.Southwest Rapid Rewards Priority Credit Card.Southwest Rapid Rewards Premier Business Credit Card.Southwest Rapid Rewards Premier Credit Card. ![]() Southwest Rapid Rewards Plus Credit Card.The following are cards reported to be subject to the 5/24 rule: Most travel cards issued by Chase are subject to 5/24 for approval, including cobranded cards. Related: The best ways to use your 5/24 slots Are all Chase cards subject to 5/24? The 5/24 rule only applies to getting approved for cards issued by Chase, but your 5/24 count includes credit cards from all banks. This means you actually need to be under 5/24 to be approved. Chase credit cards are some of the most popular offerings available - which is why you need to be aware of the 5/24 rule. ![]()
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