Chase issues some of the most sought-after rewards cards on the market, but the bank also has some of the strictest policies regarding credit card "churning." It limits cardholders to earning only one welcome bonus per consumer Sapphire card and has its infamous 5/24 rule.
Chase has never officially commented on the 5/24 rule's existence, but crowdsourced data confirms that applicants will almost certainly be denied new Chase cards if they have opened five or more accounts across issuers in the past 24 months.
All personal credit card accounts count toward this rule, including cards with no preset spending limits and certain store cards. However, many business credit cards, including those issued by Chase, aren't considered when Chase determines your 5/24 standing.
A great solo travel tip spotted this week on The Points Guy Articles.
