In the points and miles world, a mention of the infamous 5/24 rule is sure to follow whenever a Chase card comes up. Essentially, this refers to the unofficial rule that Chase won't approve a credit card application for someone who has opened five or more new credit cards from any issuer in the past 24 months.

However, without any official published policy from Chase, dissecting the 5/24 rule relies heavily on crowdsourced data. Because of this, some data points are outliers. That being said, here's what you need to know about Chase's 5/24 restrictions.

Related: The best ways to use your 5/24 slots

A great solo travel tip spotted this week on The Points Guy Articles.

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