what is the 5/24 rule from chase??? ....

[greent]

I see this a lot and don't know. Thanks.

[dragontears]

If you have opened 5 or more credit cards in the last 24 months you will be denied, no way to overturn the denial

[greent]

Thanks. 

[creditguy]

The rule does not apply to all co branded cards though as of yet. There are some that 5/24 apply to. There are data points floating around here that can help clarify which ones, also some people have had luck getting a Slate even though they were in 5/24 territory, but ymmv. The flagship cards line CSP and the freedoms definitely fall under 5/24.

[RonM21]

True. As creditguy mentioned not all apply, and there are even some situations where certain cards aren't known definitively whether they apply or not yet.

[Anonymous]

As a clarification to the original question regarding 5/24:

Does this include ONLY credit card accounts? (not auto loans, other lines of credit)

Is it known if it also include Synchrony accounts like Amazon and Chevron?

[Anonymous]

Perhaps if you bank with Chase they would overlook the 5/24. Try applying in person.

[UncleB]

Here's a link to a fairly recent article over on Doctor of Credit that explains it in detail:

http://www.doctorofcredit.com/chase-524-rule-explained-detail-need-know/

[greent]

Thank you all for your replies.

[Anonymous]

I'd be surprised if applying in branch would make any difference?