Chase 5/24 Rule: What You Need to Know for Application Success

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate credit cards to write unbiased product reviews.The information for the following product(s) has been collected independently by Business Insider: Chase Freedom Flex®. The details for these products have not been reviewed or provided by the issuer. As rewards credit cards become more popular, issuers have implemented their own restrictions. Under Chase's 5/24 rule, applicants with 5+ new cards over the past 24 months will not be approved. The best way to sidestep this restriction is to apply for Chase cards before pursuing other issuers. Introduction to the Chase 5/24 ruleIf you want to use points and miles to book travel, rewards credit cards and their associated welcome bonuses are a great place to start. Not only do intro bonuses help you earn a...