Update 11/19/2018: I’m calling it. Looks like Chase has almost certainly expanded the 5/24 rule to most if not all co-branded credit cards. I haven’t seen any reliable datapoints of people being approved for these cards that are over 5/24 unless they applied before November 13th, 2018. As always I’d love to hear from any readers that apply, please share your data points in the comments below. RIP Chase.
Earlier today a new /r/churning thread was posted ‘Hyatt card now falls under 5/24 rule (starting this week )‘. So far there are a total of six datapoints in that post, as well as some talking about other cards such as the Chase British Airways and IHG cards. Before we mark these cards as definitively under 5/24 it’s important to understand that a denial for too many inquiries in the last 24 months is not definitive proof that the 5/24 rule exists on that card. A lot of people who applied for and were denied for these cards were given the reason of ‘too many cards in the last 24 months’ (one was even told 48 months, but I suspect that was just an error). That’s a common denial reason for all issuers and Chase denies people for that even when a card doesn’t have the 5/24 rule applied. For a primer on Chase 5/24 rule, read this first.
It’s difficult to prove that the Chase 5/24 rule does apply to more cards, but it’s easy to determine if it doesn’t. If somebody is approved for a card and is over 5/24 then that rule cannot be applied. This post aims to gather datapoints, if you’ve applied for a Chase card in the last 48 hours and that card previously hasn’t been subjected to 5/24 then let us know if you were approved or denied in the comments. In particular we are interested in those approval data points.
Datapoints
With the above datapoints remember that a denial doesn’t mean that Chase 5/24 definitively exists on those cards. I think it’s safe to say if a new rule has been introduced then it’s happened in the last 24-72 hours.
