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What is the 5/24 and 6/24 and those numbers referring to?!

Regular Contributor

What is the 5/24 and 6/24 and those numbers referring to?!

I keep seeing them in posts but what are they?     Are they Credit Card specific?     Or is it Credit Score specific?

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Current Score: 713
Goal Score: 775


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4 REPLIES
New Contributor

Re: What is the 5/24 and 6/24 and those numbers referring to?!

This is referring to the number of new accounts in a 24 month period.

In other words, 5/24 = 5 new accounts in the past 24 months.

Why is this relevant? - Many issuers will decline an application if you are over their new account threshold. Chase is famous for this.
Personal Credit -
AMEX: Platinum, Green, Cash Magnet, Delta Gold
PNC: Cash Rewards
NFCU: Flaghship Rewards, Cash Rewards, CLOC
PSECU: Founders
CapOne: Quicksilver
Discover: IT Chrome
Synchrony: PayPal 2%, PayPal Credit
Store Cards: Target
AU Cards: Citi Rewards+

Business -
AMEX: Blue Business Plus, Amazon Prime, Simply Cash
Message 2 of 5
Regular Contributor

Re: What is the 5/24 and 6/24 and those numbers referring to?!

Ohhh ok that makes a ton of sense TY Smiley Very Happy

Starting Score: 537
Current Score: 713
Goal Score: 775


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Message 3 of 5
Senior Contributor

Re: What is the 5/24 and 6/24 and those numbers referring to?!

Chase 5/24 info: https://www.flyertalk.com/forum/chase-ultimate-rewards/1809882-applying-chase-credit-cards-2017-onwa...

 

Smiley Tongue

Major spend: CSR, BBP, Costco
Rewards/AAoA ballast: CF, CFU, Discover, ED, BCE, Arrival, DoubleCash
Perks: Schwab Platinum, IHG49, Hyatt75
Bonus chasing: Aviator Red, SPG Luxury, Savor
Message 4 of 5
Moderator

Re: What is the 5/24 and 6/24 and those numbers referring to?!

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