You’ve all probably heard of Chase’s “5/24” rule by now. Essentially, Chase counts up all of the cards on your personal credit card report you’ve been approved for in the past 24 months, and if that number is 5 or more, they will automatically deny you. While most Chase cards fall within this rule, there are a few that do not.
Which Chase cards DO NOT fall within the 5/24 rule?
- Chase Amazon Rewards Visa Signature
- Chase AARP Credit Card
- Chase British Airways Visa Signature Card
- Chase Disney Premier Visa Card
- Chase Hyatt Credit Card
- Chase IHG Rewards Club Select Credit Card
- Chase Marriott Rewards Premier Business Credit Card
- Chase Ritz-Carlton Rewards Credit Card
This means, for the handful of cards listed above, even if you are way past 5 credit card approvals in the past two years, you can still get approved! There is no known rule why this cards are exempt from the rule, but for now it definitely helps if you are looking for a new card/sign up bonus and are blackballed from some other Chase cards. The above cards also carry some great sign up offers and benefits, although none of them will help you earn Chase Ultimate rewards points. For example, the British Airways card is offering their 100,000 point offer (highest you’ll ever see, although requires a ton of minimum spend). The Hyatt credit card is offering their standard 2 free nights at any Hyatt hotel. And while the IHG credit card is not offering as high of a sign up bonus as they have in the past, you’ll receive a free night annually (valid at ANY IHG property), so getting this card sooner then later is always suggested! You can learn about all of the Chase offers here.
Now, do keep in mind though, once you apply for the above offer (exempt the Marriott business card), that approval will count towards your “5/24” status. So even though they are exempt from the rule, they still count towards the rule. The reason why the Marriott business card is exempt is because most business credit cards are not listed on your personal credit report and only cards listed on your personal report are counted. You can see an entire list of all business credit cards that will not count towards the rule.
While there are some ways to get around the Chase “5/24” rule, there is no guarantee. And, success is slim. One main reason why folks are able to get approved for a card, despite having way too many credit card approvals is if they’ve been pre-approved for a card offer. There also is just sheer luck – for example, I was approved for a card last November despite surpassing the maximum allowed. I did apply for two cards in one day so that might of helped. Unfortunately being a Chase Private Client will no longer help you get approved for cards.
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“once you apply for the above offer (exempt the Marriott business card), that approval will count towards your “5/24” status”
My wife was rejected for the Sapphire Reserve because she was at 5/24. One card she was only an authorized user on and another was the Marriott Business. Even if it is a business card, it is still issued by Chase, so they knew about it and counted it against her.
Authorized user cards get counted against 5/24.