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RobertTN

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Chase 5/24 rule. How do they calculate 24 months?
Anyone know if this is done by the day? The nearest month? If - for example - I had 5 accounts with the oldest being July 11 2014, would I then be OK to apply on July 12 2016? (As 1 would have dropped off by then). Or is it "accounts opened in July" meaning I should wait until August?

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I would wait to be safe. I also advise using the preapproval tool on the Chase website before applying for any cards, generally it is pretty accurate.

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