The 4 Personal Travel Credit Cards NOT Subjected To The 5/24 Rule

In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!

Last year Chase expanded what’s commonly referred to as the “5/24 rule.” I’ve received quite a few requests from readers asking for an updated list of which cards aren’t subjected to this rule, so that’s what this post is about.

What is Chase’s 5/24 policy?

With Chase’s 5/24 policy, you typically won’t be approved for a card if you’ve opened more than five new accounts in the past 24 months. This is more of a general guideline than a strict rule, though. Here’s what you should know about 5/24:

  • A vast majority of new credit card accounts will count towards that limit, meaning that opening more than five cards in 24 months will make you ineligible for certain Chase cards
  • One exception is most non-Chase business cards, like The Business Platinum® Card from American Express OPEN, which don’t count towards this limit
  • There are people who report not having any issues being approved for a card even though they surpassed the 5/24 rule, so it’s not consistently enforced
  • The 5/24 rule doesn’t apply to all Chase cards, meaning that there are some Chase cards you can still easily be approved for if you’ve opened more than five card accounts in the past 24 months
  • This is mostly anecdotal, since Chase doesn’t officially publish this restriction for most cards

How do Chase credit card approvals work in general?

There’s no set limit to how many Chase cards you can have. For example, I have six, though I know people who have more than that. With Chase the limiting factor is typically the total amount of credit they’re willing to extend you. This means that if you apply for a new card and are maxed out in terms of the credit Chase is willing to issue you, you may be asked to switch credit lines around.

As far as the number of cards you can apply for in a certain period goes, there doesn’t seem to be a consistently applied limit. Some report not being able to apply for more than two cards in a 30 day period, while others suggest you can be approved for at most one personal and one business card in a 90 day period.

Personally I’d wait at least a month between two Chase card applications, but that’s just me.

The 4 personal Chase travel cards not subjected to the 5/24 rule

With that in mind, here are the four personal Chase travel credit cards that you can anecdotally be approved for even if you’ve opened more than five accounts in the past 24 months:

The Hyatt Credit Card

Sign-up bonus: Two free nights at any Hyatt property after spending $2,000 within three months, plus 5,000 bonus points after adding an authorized user and having them make a purchase within that same time period
Annual fee: $75

This card offers two free nights that can be redeemed at any Hyatt property, including hotels like the Park Hyatt Sydney, Park Hyatt Maldives, etc.

Park-Hyatt-Maldives-3
Redeem your two free nights at the Park Hyatt Maldives

On top of that, the card offers a complimentary annual free night certificate valid at any Category 1-4 property, which for most people should more than offset the annual fee.

The card also offers World of Hyatt Discoverist status, which gets you 2PM late check-out, preferred rooms, bonus points, and more. Lastly, if you spend $50,000 on the card in a calendar year you’ll receive Explorist status, which gets you 4PM check-out, upgrades to the best available non-suites, and four club lounge passes per year.

Grand-Hyatt-Hong-Kong-Grand-Suite - 38
Use your club lounge passes at the Grand Hyatt Hong Kong

IHG® Rewards Club Select Credit Card

Sign-up bonus: Earn 60,000 bonus points after you spend $1,000 on purchases within three months
Annual fee: $0 introductory annual fee the first year, then $49

The single biggest benefit of this card is that it offers an annual free night certificate at any IHG property in the world on your account anniversary. That’s incredible, given that this is also the hotel credit card that has among the lowest annual fees. There are no category restrictions on the free nights.

Furthermore, the card offers IHG Rewards Club Platinum status for as long as you have the card, plus a 10% refund when you redeem points, for a total of up to 100,000 refunded points per year.

InterContinental-Hong-Kong - 17
Redeem your annual free night certificate at the InterContinental Hong Kong

British Airways Visa Signature® Card

Sign-up bonus: Earn 50,000 bonus Avios after you spend $3,000 on purchases within the first 3 months from account opening. Earn an additional 25,000 bonus Avios after you spend $10,000 total on purchases within your first year of account opening for a total of 75,000 bonus Avios. Earn a further 25,000 bonus Avios after you spend $20,000 total on purchases within your first year from account opening for a total of 100,000 bonus Avios.
Annual fee: $95

Avios are incredibly useful for shorthaul travel, given their distance based award chart. Avios can efficiently be redeemed for travel on Alaska and American on domestic flights.

On top of that, the card offers a Travel Together ticket when you spend $30,000 on the card per year. With this voucher you can have a companion fly with you on a British Airways award ticket, and they just have to pay the carrier imposed surcharges and fees, and not the actual Avios (though those fees can be high).

British-Airways-A380-First-Class
Use your Travel Together voucher for British Airways first class

The Ritz-Carlton Rewards® Credit Card

Sign-up bonus: Earn 2 complimentary nights at any participating Tier 1-4 Ritz-Carlton hotel after spending $4,000 on purchases within three months, plus 10,000 bonus points after adding an authorized user and having them make a purchase within that same time period
Annual fee: $450

This card has a high annual fee though offers a $300 annual travel credit, Ritz-Carlton Gold status (which is also valuable at Marriott properties), a $100 domestic companion airfare benefit, three Ritz-Carlton club upgrades per year, etc.

There are so many fantastic properties at which you can redeem those Ritz-Carlton complimentary nights. However, do note that several months back the sign-up bonus on this card offered three complimentary nights, while now it only offers two complimentary nights upon completing minimum spend.

ritz
Redeem your two nights for a weekend getaway to the Ritz-Carlton Rancho Mirage

Bottom line

The above are the four Chase personal travel cards that you’re potentially eligible for if you’ve opened more than five new accounts in the past 24 months.

These are all fantastic cards. Personally I think almost everyone would benefit from having the IHG® Rewards Club Select Credit Card and The Hyatt Credit Card, given that they offer an annual free night certificate valid at many great properties, which more than justifies the annual fee, in my opinion.

Meanwhile I just applied for the British Airways Visa Signature® Card, given that I haven’t had the card in years. It has a great sign-up bonus that I’ll get a lot of value out of.

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Comments

  1. These cards do count toward the 5 for application of other cards, though, right?

    That is, if you have 5 in the last 24 months, you can get the Hyatt card perhaps, but once you get the Hyatt card, it would count as number 6 and thus affect the time when you could get a card that is subject to the 5/24 rule (like the Sapphire).

    In other words, these cards are good for someone with 10 or 20 etc., but won’t help those trying to clear their decks to get the Ink preferred or Sapphire, etc. At least that’s my understanding.

  2. If I’m at 5/24 and will be at 4/24 on May 16th. when should I apply for my favorite chase CC ? June 1st or May 17th?

  3. @ ABC — Maybe someone can chime in, as I’m not sure, to be honest. I’m not sure when you technically become eligible. Sorry.

  4. @ Larry — That’s correct, all personal cards count towards that limit. Sorry for any confusion.

  5. I love the Hyatt card and hope it never changes. It was one of the first cards I ever got and used it for my first major trip (used it at the PH Tokyo). I got it a second time and convinced a family member to get it so we could use the nights at the PH Maldives. I had been to the Conrad Maldives last year and it wasn’t a great experience. The PH Maldives was beyond my expectations and it’s probably the first hotel I really want to go back to.

  6. @ ABC — June 1st. They would count the whole month of May as part of the 5/24. At least that was my experience.

  7. If I’ve had these cards before — Hyatt card canceled early last year, BA card canceled a couple of years ago — can I apply again and get the bonus?

  8. Hmm… why so much attention to the Hyatt card now?
    BTW, I think it’s possible to get the Hyatt card with a $50 credit if you apply from the checkout screen of a top
    booking.

  9. @ Julia603 — You’re eligible for the sign-up bonus on these cards if you don’t have them at the moment and haven’t gotten a new cardmember bonus on them in the past 24 months.

  10. Steve, funny thing is that I applied for the IHG card a week later and got approved. So it’s def not my credit score.

  11. @ABC although referred to as the 5/24 rules, hard pulls actually stay on your credit reports 25 months, not 24 [unless b*] . The Chase rule is suppose to be 24 months from your last line of credit, not the credit pull so it should be 24 months. However when considering credit pulls you should really calendar 25 months.

  12. @abc when I applied for the Chase Ink card, I was at 5 credit/charge cards and about 6 store cards (I know, I know, I discovered the CC game after screwing up with the store cards). In any case, when they called to verify my identify, the CSR went through my report and called out every single card I’d opened in the past 3 months before telling me no.

    I noticed she said 12 accounts first before I asked her if she was considering the store cards. That’s when she said hold on, and after a minute or so, went through my report. I’m guessing they see an actual number/tally of accounts opened in two years first before they actually look to see which ones.

    So, I would advise that you wait until your credit reports show the two year mark before you apply. I’ve noticed some bureaus report the exact date while another just reports the month. Look at your report and plan accordingly.

  13. To bad Chase discontinued the Fairmont cards as they were also a nice option. We picked up 2 of them just before they went off the market and have redeemed the 4 free nights in Barbatos next year.

    I’m wondering if a replacement is planned for the future.

  14. Just got rejected for the MileagePlus Explorer card. Got a targeted offer for 70k bonus points.Have excellent credit score. Applied today and although the last page said that “we need more time to consider the application”, when I called the reconsideration hotline, they told me flat out that my application got rejected because “I opened too many credit cards in the past 2 years”. One rep told me I opened 3 cards myself and am on 3 of my wife’s cards. I called back 2 hours later, same reply. They were very unhelpful, whatever I asked, their answer was: “you opened too many cards”. Were not willing to reconsider. The annoying thing is that when I checked my cards on Chase’s FreeCreditscore webpage, it showed that I had 2 cards.

  15. I applied for the IHG credit card and was denied. I have had Chase Ink and Sapphire cards, so I must be in the 5/24 group.

  16. So with these 4 cards, if I closed out the BA card last year, when am I eligible to get the signup bonus again?

Leave a Reply

Your email address will not be published. Required fields are marked *