Understanding Rewards Credit Card Application Rules and Restrictions [2025] Understanding Rewards Credit Card Application Rules and Restrictions [2025]

Understanding Rewards Credit Card Application Rules and Restrictions [2025]

Wondering which credit card you can apply for next? Issuer rules vary widely — and much of the information out there is incomplete or unpublished. This guide breaks down major bank restrictions, including Chase’s 5/24 rule and which issuers expect you to have a checking account. We’ve compiled what’s known, plus community data points, all in one place.

10x Increase to Delta Diamond MQD Waiver Spending Requirement ($250k Instead of $25k)

Delta has just sent out an email to SkyMiles co-branded credit card holders and has utterly eviscerated the value of the Medallion Qualification Dollar waiver to achieve Diamond Medallion Status. Effective January 1, 2018, the spending requirement will increase tenfold from $25,000 per year to an utterly enormous $250,000 per year to earn the MQD waiver for Diamond Medallion Status.