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5/24 and Issuer Rules

Are you eligible for your next card?

Chase's 5/24 is one of five recent-card rules that issuers use when reviewing applications. Miles checks all five against the cards you entered and shows where you stand under each one. It also names the cards without an open date and the business cards it left out of the count.

Miles showing five recent-card rules checked against one wallet, with two at their limit
askmiles.ai/wallet· Example wallet
5 cards in the last 24 months · incomplete
Chase 5/245 / 5 · at the limit
Wells Fargo 5/245 / 5 · at the limit
Barclays 6/245 / 6 · clear
Bank of America 3/122 / 3 · clear
US Bank 5/122 / 5 · clear
Cards with no open date1

Compare five rules in one table

Chase's 5/24 rule declines most applications from someone who has opened five or more cards in the past 24 months. Four other issuers apply a rule with the same shape: Wells Fargo counts 5 cards in 24 months, Barclays 6 in 24, Bank of America 3 in 12, and US Bank 5 in 12. Each rule counts cards opened at every issuer, not only the issuer applying it. All five are computed from the same open dates.

Miles checks all five against the cards you entered and shows where you stand under each rule on one screen. Add a card once and Miles recalculates every count.

What the count leaves out

The count is only as good as the cards and dates you entered. Miles names any card without an open date and links to add it. Business cards are excluded because most issuers do not report them to a personal credit report. The count states how many business cards it dropped.

These rules are guidelines issuers apply, not published cutoffs. Approvals outside them happen. When a rule is binding, Miles shows its caveat: authorized-user cards count at Wells Fargo and cannot be removed on reconsideration, while at Chase they sometimes can. Bank of America's 3/12 may relax if you hold a deposit account there.

Where it lives

In the app
Wallet
Ask Miles
What's my 5/24 status?
Over MCP
get_eligibility

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Checked Aug 27, 2026