💳 3 Chase Credit Card Rules Everyone Should Know
1️⃣ The 5/24 Rule
Chase will usually deny your application if you have opened 5 or more personal credit cards in the last 24 months across all banks, not just Chase.
2️⃣ One Sapphire Rule
You can only hold one Chase Sapphire card at a time. This means you cannot have both the Sapphire Preferred and Sapphire Reserve simultaneously.
3️⃣ 48-Month Sapphire Bonus Rule
You must wait 48 months after receiving your last Sapphire welcome bonus before you are eligible to receive another one.