Every bank has rules and restrictions to limit who can and cannot get approved for credit cards they issue. But no rule is quite as restrictive as the Chase 5/24 Rule, which can severely limit which Chase credit cards you can get approved for based on your credit history.
If you’ve opened five or more credit cards (from any bank, not just Chase) in a rolling 24-month period, you’ll get denied for almost any new Chase credit card. Whether you’re already deep into the world of credit cards or have an empty wallet, this rule should shape your strategy. It means you should always prioritize getting Chase credit cards before looking to other banks.
Still under 5/24? Look at these credit cards first!
Too late? Already over the dreaded 5/24 benchmark? If you can’t (or don’t want to) wait to fall back under that threshold, we’ve rounded up some of the best current offers available from other banks.
The American Express® Gold Card
Earn 60,000 American Express Membership Rewards points after spending $4,000 in the first six months of card membership. That’s up from the old offer of only 35,000 points for the same spending requirement. You’ll also get six months to meet the spending requirements, twice as long as normal.
Annual Fee: $250 (see rates & fees)
Click Here to Learn More About the American Express Gold Card.
See if you’re eligible for the 75,000-point offer via CardMatch.
Why This Card Makes the List
The American Express Gold Card is one of our favorite travel rewards credit cards, period. A welcome bonus that’s nearly twice the size (or more, if you can get an even bigger bonus via CardMatch) as normal just sweetens the deal.
And critically, American Express allows you to earn the welcome offer bonus on each of their cards once per lifetime. There are no 5/24-like restrictions. That makes it a great option once you are over the Chase 5/24 Rule.
But the value of the Gold card goes far beyond that initial bonus. The card also earns 4x points for every dollar you spend at U.S. grocery stores (up to $25,000 annually) and 4x points per dollar spent at restaurants, making it one of the best cards to use at grocery stores and restaurants.
You’ll also get up to a $120 dining credit each year and a $120 annual credit to use at both Uber or Uber Eats. Maximize these two credits alone and that will cover $240 of your $250 annual fee. These credits and bonus categories are a big part of the reason we feel the card is easily worth the $250 annual fee.
It gets better: The Rose Gold version of the card is back – and back for good. New cardholders can choose between the traditional Gold finish and Rose Gold when applying for the card. Already have a Gold Card and want to go Rose? Just message American Express and ask for a replacement.
The Platinum Card® from American Express
There is currently a targeted offer available through the CardMatch tool to earn 125,000 American Express Membership Rewards points after spending $5,000 in the first three months of card membership.
Even if you aren’t eligible for the 125,000 point offer, you’ll earn at least 75,000 American Express points after spending $5,000 within the first six months. That’s up from the standard offer of 60,000 points – plus you’ve got twice the usual three-month period to earn them.
See if you’re eligible for the 125,000-point offer via CardMatch.
But you can still earn far more points. In addition to that bigger welcome bonus, you’ll also earn 10x points for every dollar you spend at both gas stations and at supermarkets in the U.S. on up to $15,000 in combined purchases in the first six months of card membership! That’s the most lucrative bonus you’ll find for spending at supermarkets or gas stations.
Earn the welcome bonus and maximize that 10x multiplier on groceries and gas stations, and you can earn as much as 275,000 points. That is unbeatable.
Annual Fee: $550 (see rates & fees)
Click Here to learn more about the Platinum Card from American Express.
Why This Card Makes the List
Like the Gold Card mentioned above, American Express allows you to earn the welcome offer bonus on each of their cards once per lifetime. There are no 5/24-like restrictions. So it’s another great option once you are over the Chase 5/24 Rule. Better yet, you can hold both the Amex Gold and Platinum cards at the same time.
The standard offer on this card is typically 60,000 Membership Rewards points after spending $5,000 in the first three months of card membership. We’ve regularly seen a 100,000-point targeted offer for that same spending requirement through the CardMatch tool.
But the current offer to earn 10x points per dollar spent at gas and U.S. supermarkets for the first six months on up to $15,000 spent is the biggest offer we have ever seen in either category. Assuming you can spend the required $15,000 in six months in these categories, you can earn up to 275,000 American Express Membership Rewards points from this offer alone.
That takes the cake for the best offer we have ever seen. It’s unclear when this offer may end. Add in the amazing travel perks like lounge access, instant status with hotel chains and car rental companies, and more, and it makes this a strong option once you’re over 5/24.
Earn 110K Miles With the American Airlines Credit Cards
You can get two American Airlines personal credit cards: Pay one $99 annual fee (on the Aviator Red Card), and spend just $2,500 on the other (the Citi Platinum Select World Elite card) in the first three months. Bam: You’ve got 110,000 American Airlines miles.
Annual Fee: $99 Aviator Red Card. $99 Citi Advantage Card (waived for the first year)
Click Here to learn more about the Citi AAdvantage Platinum Select World Elite Mastercard.
Click Here to learn more about the Barclays AAdvantage World Elite MasterCard (for full disclosure this is not an affiliate link)
Why These Cards Makes the List
American Airlines is different. They have co-branded credit cards with two different banks: Citi and Barclays.
Why does this matter? It means you can apply for and open credit cards from both banks – and earn the sign-up bonus on each. These aren’t the highest bonuses we’ve seen on either card. But the ability to quickly earn 100,000 miles is tough to beat.
And critically, neither Citi nor Barclays will restrict you from getting approved if you’ve opened five-plus cards in the past 24 months. However, some data points suggest Barclays has a similar rule that will restrict you if you have had more than eight new cards in a 24 month period (8/24). So if you are thinking about these offers, don’t wait too long once you are over the Chase 5/24 Rule.
Before you going any further, you’ll want to make sure you have an American Airlines AAdvantage account. That way, you can use your account number on both card applications. If you don’t have one, you can create one here first.
To start, few credit cards offer a better, more lucrative sign-up bonus offer than the AAdvantage World Elite Mastercard from Barclays. Just for opening the card, making a single purchase, and paying the upfront $99 annual fee, you will earn 60,000 American Airlines miles. They’re some of the easiest points and miles you will ever earn.
And then there’s American’s relationship with CitiBank, which means you can also apply for the Citi AAdvantage Platinum Select World Elite Mastercard. This card currently offers 50,000 AAdvantage Miles after spending $2,500 within the first three months of card membership. And the card’s $99 annual fee is even waived for the first year of card membership.
There’s no denying how valuable American AAdvantage miles are: Some amazing partner airlines make AA miles among the best to fuel your future travels. So even if you’re not planning to get on a plane anytime soon, earning American Airlines miles is never a bad idea. Better yet, it’s easier to earn a big stash of these miles fast than with perhaps any other major airline.
Capital One Venture Rewards Credit Card
Earn 60,000 Capital One Venture Miles after spending $3,000 in the first three months of card membership.
Annual Fee: $95
Click Here to learn more about the Captial One Venture Rewards Credit Card.
Why This Card Makes the List
The Capital One Venture Rewards Credit Card is one of our favorite beginner credit cards. And even though they don’t specifically publish a rule like 5/24, they can be very strict on new card applications. That said, if you are interested in the card, it should be one of your first options once you are over the Chase 5/24 rule. Just keep in mind that getting approved is no slam dunk.
When using the card’s purchase eraser feature, each Venture mile will be worth 1 cent each. So the 60,000 bonus miles after spending $3,000 in the first 3 months will be worth $600 towards travel. And you can now transfer Capital One Venture miles to a handful of different airline and hotel partners, too.
You’ll also earn 2x Venture Miles for every dollar you spend on the card.
Citi Premier Card
Earn 60,000 Citi ThankYou Points after spending $4,000 in the first three months of card membership.
Annual Fee: $95
Click Here to learn more about the Citi Premier Card
Why This Card Makes the List
Generally speaking, Citi cards are easier to get approved for than almost any other bank. There is no 5/24 type restriction and they should be among the last cards in your priority list once you are over the Chase 5/24 rule.
And while this card earns 60,000 Citi ThankYou points after you spend $4,000 in the first three months of card membership, we think aren’t quite as valuable as Chase Ultimate Rewards Points and Amex Membership Rewards points.
Sure, they offer a lot of the same transfer partners. But critically, they lack a hotel transfer partner option and a major domestic airline like American, United, or Delta.
That said, you can still get a ton of value out of ThankYou points. But Citi cards should still likely be at the bottom of your priority list.
Don’t worry. Once you are over the 5/24 rule, you still have plenty of options to get a ton of value in the world of travel rewards credit cards.
Still, you should always start with Chase cards when you’re just getting started … before it’s too late.