What is Chase Bank’s 5/24 Rule and How To Plan Around It

Hey there, fellow credit card lovers! So, we all know how we get bombarded with credit card offers left and right, promising all these amazing rewards, right? Well, guess what? Chase Bank has this thing called the 5/24 rule, and it’s like a secret code to unlock some epic credit card perks! Let me break it down for you!

So, the 5/24 rule is this funky policy by Chase, and it’s kinda like a game they play. If you’ve gotten yourself five or more credit cards from ANY bank in the past two years, Chase might say “no” to your application for their top-tier rewards cards. Boo, right? But don’t sweat it, we’ve got a plan!

Imagine you’re eyeing those awesome Chase Sapphire Preferred or Chase Sapphire Reserve cards – they’re like the Beyoncé of credit cards! To snag those babies, you gotta play it smart. You wanna apply for them first before going wild with other cards. ‘Cause once you hit the 5/24 mark, the chase for those premium Chase cards gets a bit tricky.

But guess what? Not all hope is lost! There’s a clever hack! Co-branded cards like the United Explorer Card or the Southwest Rapid Rewards Premier Card might be your golden ticket! They’re not always affected by the 5/24 rule, giving you a sneaky way in.

Let’s talk strategy! Ever heard of the Chase trifecta? It’s like having a squad of credit cards that work together like a dream team! You’ve got the Chase Sapphire Preferred (CSP) as the squad leader, the Chase Freedom Unlimited (CFU) as the hustler, and the Chase Freedom Flex (CFF) as the wildcard. Together, they’re a force to be reckoned with, and you can still crush those rewards without worrying about 5/24!

If you’re a teensy bit over the 5/24 limit, no worries! Just wait it out. Time flies, and soon enough, you’ll be back in the game, ready to snatch up those sweet Chase rewards! Make sure to keep up with when you open your credit cards, because after 24 months- the card isn’t counted for 5/24 anymore. The easiest way to do this is to download the TravelFreely App. 

So, here’s the deal – the Chase Bank 5/24 rule might be a challenge, but with some smart moves, you can totally level up your credit card game! Keep in mind, though, that there are plenty of other cool credit cards out there too. Don’t get too caught up in the chase; make sure the cards you pick match your style and what you’re all about!

Remember, it’s all about using your cards responsibly and having a solid strategy to become a credit card superstar! With some sass and savvy, you’ll unlock a world of rewards and live that fabulous life you deserve. Happy card conquering, my fellow credit card divas! You got this! 💁‍♀️💅🔥

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