Most Business Cards Aren’t Considered in Your Chase 5/24 Count

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Updated 1/5/17: I do not believe Chase Business cards count toward your 5/24 limit. Read below for more info.

Business credit cards from the majority of issuing banks are not considered in your Chase 5/24 count because they do not show up as new accounts on your personal credit report.  This is important to be aware of if you sign up for enough cards that you are concerned with the Chase 5/24 rule.

Before I elaborate, let’s go over Chase’s 5/24 rule and what it entails.

If you have opened five credit cards from any issuing bank in the last 24 months, Chase will not approve you for their credit cards. This is what we mean when we say Chase 5/24.

The enforcement of the now infamous rule, while not unexpected, has obviously been a big blow to miles enthusiasts as Chase’s cards have some of the most lucrative sign up bonuses available to avid travelers.

Chase determines how many cards you’ve opened in the last two years by checking out your credit report. All personal credit cards, as well as all personal credit cards on which you are an authorized user, show up on your personal credit report. Most business credit cards don’t show up on your personal credit report.

Many credit card issuers do not report the activity of a business credit card on your personal credit report because the card is, in essence, associated with a business and not the owner personally– as long as you pay the bills on the time. If you don’t, then the delinquency will negatively impact your personal credit report since the owner is ultimately responsible for the business.

Which Banks’ Business Cards Do & Don’t Show Up on Your Credit Report

Doctor of Credit has a thorough list of which banks’ business cards do not show up on your credit report and therefore wouldn’t be totaled into your 5/24 count. Here’s a summary of his summary.

Banks’ whose business credit cards show up on your credit report:

  • Barclay’s
  • Capital One

Banks’ whose business credit cards don’t show up on your credit report:

  • American Express (nor will their business charge cards show up)
  • Bank of America
  • Chase**
  • Citi
  • Discover
  • US Bank
  • Wells Fargo

**I’ve read enough evidence from other blogs, data points, as well as Flyertalk (check out the wiki in Applying for Chase Credit Cards- May 2015-Present) to tentatively say that while Chase can obviously see the business cards you’ve opened with them, they don’t count them towards your 5/24 total. Please share your experiences in the comments if you can contribute as this is still a somewhat unclear conclusion.

As you can see, the majority of business cards will not show up on your credit report. Interested in a business credit card to help organize your finances and earn extra miles and points? Learn how to be approved for a business card.

Note that applying for any credit card, personal or business, does result in a hard inquiry on your personal credit report. But those hard credit inquiries won’t count as opening a new account (for the purposes of Chase 5/24).

Examples of Business Cards That Won’t Total Into Your 5/24 Count

Bottom Line

If you are trying to determine how many credit cards you’ve opened in the last 24 months that, in the eyes of Chase, count towards your 5/24 limit, then know that you don’t need to count Business cards from American Express, Bank of America, Citi, Discover, US Bank, or Wells Fargo.

If you’re over 5/24 and are trying to lower that count back down so you can once again be eligible for Chase cards, then know that you can still apply for business credit cards from American Express, Bank of America, Citi, Discover, US Bank, or Wells Fargo in the meantime and they won’t count against you.

Chase 5/24 isn’t the only rule to consider when applying for credit cards. Make sure you’re familiar with the major issuing bank rules before diving headfirst into rewards card collecting. We’d also be happy to advise through our Free Credit Card Consultation Service if you want new cards but fear wasting hard credit inquiries in vain.


Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

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25 COMMENTS

  1. Hi – Two questions.

    First, where it says “Applications Quick Links (thanks for your support)”, is the CreditCards.com mini-ad where to click to apply (and ensure Mileavlue.com will get its well-earned comp), or are there links missing from the post?

    Second, do store cards count towards 5/24 (i.e. a Macy’s store card)?

    • Hi Sean. I addressed your first question via email. Second, some do and some don’t. Check out this Flyertalk thread to see data points. If you can see a store card on your personal credit report, Chase can too, so you can check yourself. If you’re wondering ahead of signing up for the card whether or not it will show up, then the best thing to do is not sign up for it–it’s probably not worth it. But if you really want the store card, check that Flyertalk thread to see if you can find anyone else’s experiences with it.

  2. Here is a question: does the rule with business cards ONLY apply if using an EIN, or does it apply with a sole proprietorship (using SSN) as well?

  3. I had applied and been accepted for an Amex Gold Delta Skymiles Business card in reliance on such reports. It absolutely DID show up as a credit inquiry on my personal credit report and will count against me in a Chase 5/24 credit review. I also applied and was accepted for a BOA Alaska Business card, and that one DID NOT appear as a credit inquiry on my personal credit report. Based on my experience, I’d say that these kinds of analyses can be helpful, but you really have to be careful to not over-generalize conclusions based on limited data. It is possible that my experience was an outlier. But I was instantly approved, so I would guess that Amex reported my inquiry systematically and would do so for others too.

    • Thanks for your data point.

      As it says in the post, all applications for personal and business cards will result in a hard inquiry on your personal credit report. No doubt about that. However, those hard inquiries shouldn’t (at least from the experience of most people as reported in this Flyertalk thread) count as opening a new credit card account for the purposes of Chase 5/24. Is that not the experience you’ve had?

      Thanks again for sharing your experience, every data point is helpful in putting together a bigger picture.

  4. Any idea if you cancel as the AU on accounts and this then puts me under the 5/24 rule will this count – and how long must i wait before this is apparent on the credit report?

  5. Target credit card: When Target opened here on Maui a year or so ago, some lady at the register talked me into getting their card, and I thought it was something like a Safeway rebate card, and it only dawned on me, when she said: ‘No this purchase is paid for with the new credit card you just opened….’ DANG !!!
    Does a Target card count toward my 5/24? According to my Discovery FICO score of 790 and 2 ‘New enquirers’ this card seems to be counted. Any input ? I only opened a Sapphire, the one with 50,000 miles, and a new car lease, as usual every 3 years, within the last year, so is the Target one counted under 5/24, or is the car lease counted under 5/24. I think I am in good shape anyway… 😎

    • Apparently it will count against 5/24 if it has payment network like Mastercard, Visa, Amex, etc, meaning you are able to use the card outside of Target. If you are only able to use it in Target, it shouldn’t count against you.

  6. Interesting that Chase will issue you a business card, but not count it in 5/24, assuming that you’re under 5/24 to begin with. Thanks so much for the data point!

    • Capital One business cards do count towards your 5/24 limit as they do show up on your personal credit report.

  7. I just got approved for a southwest rewards plus card with 50k bonus despite having 5 cards (4 from chase) since may 2015. Two of the five were chase business cards, the ink plus and Southwest business premier. So apparently chase didn’t count the business cards for the 5/24 rule. Woo hoo. Onward to qualifying for the Southwest companion program.

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