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Alongside keeping track of rewards card applications and managing your credit score, it’s essential to understand the credit card application rules for each issuing bank. Rules around how many cards you can hold, how often you can apply, and whether you can hold more than one of the same card all vary by issuer.
But, the main problem is card application rules are rarely published by card issuers. So, you're left with scouring the internet, which is often rife with incomplete and outdated information about what you can and cannot do. In this guide, we combine what is available regarding credit card application rules and restrictions with the experiences and data points of the award travel community — all in one place. It's a resource worth bookmarking.
Page Contents
- What Effect Do Credit Card Application Rules Have?
- American Express Application Rules
- Bank of America Application Rules
- Barclays Application Rules
- Capital One Application Rules
- Chase Application Rules
- Citi Application Rules
- Discover Application Rules
- U.S. Bank Application Rules
- Wells Fargo Application Rules
- Navy Federal Credit Union Application Rules
- Final Thoughts
What Effect Do Credit Card Application Rules Have?
In short, these rules should have a huge impact on how you approach your credit card application strategy. In many cases, it may make sense to apply for certain cards before others, especially if you are new to credit card rewards. Understanding the major issuers’ application restrictions can help you build a long-term, sustainable plan for earning points and miles toward great travel experiences.
Application rules can influence:
- Whether you’ll be approved for a new card
- How many cards you can hold with a given issuer at once
- If (and when) you can earn a welcome bonus more than once
- How much total credit a bank is willing to extend across all your accounts

Many application rules aren’t published
Before we get into the specifics, it’s important to understand that not all of the restrictions covered here are hard and fast rules. In fact, many financial institutions don’t publish official guidance on key limitations. Instead, much of what we know comes from anecdotal evidence and crowd-sourced data points from the points and miles community, including readers like you.
Some issuers do make certain policies clear, like Amex’s “lifetime” rule. Others, like Chase’s 5/24 rule, are pieced together through a mix of community data points, loosely worded issuer guidelines, and even policies printed in error and then retracted.
American Express Application Rules
Credit cards vs “Pay Over Time” cards
Before we jump into the rules, we need to clarify the two types of American Express cards. Some American Express cards function like traditional credit cards. For example, each cardholder has a credit limit and the option to finance charges that aren’t paid in full if you carry a balance to the next month. Other Amex cards only allow you to carry a balance for certain charges with a feature called “Pay Over Time.”
If you don't enable the “Pay Over Time” feature, you must pay your Amex card balance in full each month. If you do enable this feature, you'll be able to carry a balance. But any Pay Over Time balance that you carry month to month will incur interest charges. However, unlike a credit card, these cards have no preset spending limit. No Preset Spending Limit means the amount you can spend adapts based on factors such as your purchase, payment, and credit history.
Note: Eligible charges can be included in a Pay Over Time balance, up to the Pay Over Time Limit. All charges not added to a Pay Over Time balance or monthly payment plan or Cash Advance balance must be paid in full each month by the payment due date. Pay Over Time only applies to eligible charges meeting minimum transaction amounts for certain cards.

Maximum number of cards
We covered the distinction between the Pay Over Time cards versus traditional credit cards since it affects how many Amex cards you can hold. With respect to the number of Amex cards you can hold, here's what we understand:
- Each individual can hold five traditional credit cards.
- You can hold up to 10 cards with no preset spending limit (i.e., cards with the Pay Over Time feature).
Both limits apply to the total number of American Express cards you can hold, including both personal and business accounts. While there are some reports of individuals being approved for more than five Amex credit cards, this isn’t the norm. Five has consistently been the limit for most cardmembers, so it’s best to treat it as a general guideline rather than a firm rule.
Application frequency
There are no published rules for application frequency with American Express. Based on anecdotal reports, it's possible to apply for two Amex cards in a single day. However, one will likely be held up for review as a fraud prevention measure. Other anecdotal reports state that you should wait at least five days between applications.
What seems more consistent with Amex is the limit of no more than two credit card applications every 90 days. However, there have been exceptions, particularly when applying for a mix of credit cards and no preset spending limit cards.
Welcome offer restrictions
Amex has some of the most restrictive rules for who can earn a new cardmember bonus. Here's the typical language that you'll see on welcome offer restrictions, pulled from as an example:
“You may not be eligible to receive a welcome offer if you have or have had this Card, the Premier Rewards Gold Card, the Platinum Card®, the Platinum Card® from American Express Exclusively for Charles Schwab, the Platinum Card® from American Express Exclusively for Morgan Stanley or previous versions of these Cards. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.”
You'll see that Amex has language restricting the new cardmember bonus, making it not available to applicants who “have or have had this Card.” This is often referred to as the “once per lifetime” restriction. However, a “lifetime” isn't what you might think it is.
Amex periodically purges old cardholder data, unlocking the ability to earn another welcome offer on the same card. The downside is that it may be several years (generally five to seven) after closing an account before this happens. There's no way of knowing exactly how long you need to wait.
The second thing to note is that Amex has added “family” restrictions to many of its cards. This rolled out on the Delta co-branded cards in 2023. We've also seen family restrictions on the American Express® Green Card, on the Amex EveryDay® Credit Card and Blue Cash Everyday® Card from American Express, and The Platinum Card® from American Express.
Eligibility tool information
There’s a bit of good news when it comes to Amex: You don’t have to guess whether you’re eligible for a welcome offer. Amex has an eligibility tool built into the application process that will let you know upfront.
If Amex determines you’re not eligible for the welcome bonus, a warning will pop up before you submit your application, giving you the option to cancel it altogether. This is a helpful feature, as it can prevent an unnecessary hard inquiry on your credit report.

While Amex’s welcome offer rules can be restrictive, the issuer offers a wide range of cards. That said, applying for one Amex card can sometimes disqualify you from earning a bonus on another card that earns the same type of points, but not always.
For example, if you've received the welcome offer on the Delta SkyMiles® Gold American Express Card, you still can receive the bonus on the Delta SkyMiles® Platinum American Express Card — but the reverse is not true. The welcome offer restriction rules are complicated.
The Marriott co-branded credit card application rules are similarly confusing. Thankfully, we have a dedicated post breaking down the eligibility requirements for each card.
Bank of America Application Rules
Maximum number of cards
Bank of America was once one of the most generous issuers when it came to opening and holding multiple cards, but that’s no longer the case.
There’s no officially published limit on the number of cards you can hold, but based on data points, many account holders seem to hit a cap at four cards. If you’ve been approved for more, we’d love to hear your experience in the comments.
More commonly, applicants run into a limit on the total amount of credit Bank of America is willing to extend. If you’re denied for a new card, lowering the credit limit on your existing cards may improve your chances of approval.

Application frequency
Bank of America has a much more consistent 2/3/4 rule for new card applications that restricts you to no more than:
- Two new cards per two-month period
- Three new cards per rolling 12-month period
- Four new cards per rolling 24-month period
These limits are specific to Bank of America cards, such as the Bank of America® Travel Rewards credit card. Other bank-issued cards are not counted when calculating the 2/3/4 rule.
Several years ago, Bank of America used to accept multiple applications in a single day, sometimes even for the same card. However, such applications are now routinely denied. What's worse, accounts are sometimes closed and points forfeited, so we recommend holding off on applying for multiple cards at the same time. Be mindful of your long-term card strategy!
Another application rule concerns the number of accounts you have opened recently at any bank, not just Bank of America. As with so many of these rules, this is not written and is not always enforced. This rule varies by whether or not you have banking accounts with Bank of America:
- If you have a deposit account with Bank of America: Your credit card application will be denied if you have opened seven new cards in the past 12 months, based on what they see on your credit report.
- If you do NOT have a deposit account with Bank of America: Your credit card application will be denied if you have three new cards in the past 12 months.
Business cards may not play into this calculation. But keep these general limits in mind. It may be worth opening a deposit account with Bank of America to be eligible for a higher limit. I've had better success applying for cards when I've had an open Bank of America deposit account.
Related: Bank of America Credit Card Application Rules
Sign-up bonus restrictions
Most cards are subject to a 24-month waiting period. Thus, you cannot get a card if you currently hold (or have held anytime in the previous 24 months) that card.
Barclays Application Rules
Maximum number of cards
There is no set limit, but Barclays is fairly stringent on how many total credit cards you can hold. The issuer seems to factor in how often you use your existing cards, along with the usual considerations like recent inquiries and current balances. If you’ve opened a bunch of cards recently or are carrying high balances, you’re less likely to be approved.
As one data point, I’ve been able to hold up to four Barclays credit cards at the same time. However, Barclays won’t allow you to hold more than one of the same card.

Application frequency
Barclays has an inconsistent “6/24 rule” that may apply to new applications. Similar to Chase’s 5/24 rule, it considers all new accounts opened in the past 24 months, and if you have more than six, approval becomes less likely. That said, based on data points, this rule seems far less strict than Chase’s version. Anecdotally, I ran into this in my most recent application and was still approved without issue.
Barclays also looks at your existing cards, spending habits, and current credit limits when making a decision. While it’s possible to apply for more than one Barclays card in a short period — even on the same day — we don’t recommend it. A good rule of thumb is to apply for no more than one Barclays card at a time and wait at least six months between applications.
Sign-up bonus restrictions
The language on some Barclays cards can be unclear about earning a second welcome bonus, but in most cases, you can. If you're approved for the card, you're typically eligible to earn the bonus. Unlike with some other issuers, Barclays rarely approves an application only to deny the welcome offer afterward.
If you already have the card, you'll need to cancel it and wait at least 24 months from when you last received the bonus before applying again. Barclays doesn’t allow you to downgrade to another card in the same family and still earn a new bonus — canceling is what resets the clock.
Capital One Application Rules
Maximum number of cards
The conventional wisdom is that you can carry a maximum of five personal Capital One branded cards at any one time. There are also reports of being limited to two starter cards (e.g., one Platinum- and one Quicksilver-branded card).
This is generally backed up by reports from our Award Travel 101 Facebook group. Members have been able to be approved for the Capital One Venture X Rewards Credit Card while already having the Capital One VentureOne Rewards Credit Card and the Capital One QuicksilverOne Cash Rewards Credit Card.
A Capital One banker confirmed the maximum of five Capital One cards to another group member. This had more specificity, including a breakdown of permitting two Venture-branded cards, one Quicksilver-branded card, one Savor-branded card, and one charge card. Still, Capital One’s official stance is that there’s no hard limit.

Regardless of the actual policy, the Capital One card limit doesn't apply to business credit cards. Thus, you could hold a Spark-branded card in addition to your personal portfolio. And that's great news, as Capital One Spark cards offer some incredible bonuses.
However, data points suggest you can't hold both of Capital One's premium small business charge cards at the same time — the Capital One Spark Cash Plus and Capital One Venture X Business.
Application frequency
Capital One’s application rules are straightforward: one card every six months. This applies to both personal and business cards, with no distinction between the two. Based on reports, Capital One doesn’t even run a hard credit check on additional applications submitted within that timeframe. Instead, those applications are flagged as duplicates. While unofficial, this is widely considered a hard and fast rule.
You can reapply for the same card after six months, as long as you're still under the overall card limit. Keep in mind that Capital One pulls your credit report from all three bureaus. Also, business credit cards from Capital One are reported to your personal credit report, meaning they’ll count toward your Chase 5/24 status. The exception is Capital One’s business charge cards — such as the Capital One Spark Cash Plus — which generally don’t appear on your personal report as long as your account stays in good standing.
It’s also worth noting that Capital One is one of the most selective issuers when it comes to approving new cards. Recent inquiries carry a lot of weight. Even applicants with excellent credit have been denied simply due to the number of new accounts.
Personally, I’ve been denied both times I applied in the past couple of years, despite having relatively few recent approvals. For the best shot at approval, we recommend holding off on other applications for a few months before applying for a Capital One card.
Sign-up bonus restrictions
The general rule for Capital One cards is that you'll receive the bonus if you’re approved for the card. Capital One's small business cards have this vague terminology: “Existing or previous account holders may not be eligible for these bonuses.”
However, personal credit cards have this more defined 48-month rule, with bonus terms like the following:
“This one-time bonus is available by clicking the “Apply Now” button on this page, and may not be available if you navigate away from or close this page. Existing or previous cardmembers are not eligible for this product if they have received a new cardmember bonus for this product in the past 48 months.”
It doesn't seem to apply across families of cards or prevent you from ever receiving the same card's bonus for a second time in the future, but you are limited by the 48-month period.
Chase Application Rules
Chase applies its 5/24 policy across its full range of credit cards. It applies to both Ultimate Rewards-earning and co-branded travel credit cards. Check out our dedicated post on Chase 5/24. We also cover how to check your Chase 5/24 status. Even though the rule is unwritten, it's one of the most well-known credit card application rules.
Maximum number of cards
Chase has no formal policy on the number of cards you can hold. Plenty of cardholders possess multiple co-branded travel cards in addition to a full stable of Chase products. There also aren't any restrictions on having multiple cards within the same family (e.g., you can hold both The New United℠ Explorer Card (Rates & Fees) and The New United Quest℠ Card (Rates & Fees) simultaneously).
One exception to this is the Sapphire card family: You can't hold two cards in this family at the same time. The other is the Marriott card family, as you cannot hold both the Marriott Bonvoy Boundless® Credit Card and the Marriott Bonvoy Bold® Credit Card simultaneously.
However, Chase does limit the total amount of credit it will extend to you across all personal cards. For example, if you already have six cards with a combined $80,000 in credit limits, Chase may view that as the maximum they're comfortable offering based on your current income and liabilities.
To open another card, you’d likely need to speak with a Chase representative and reallocate credit from your existing cards to free up room for a new line. I’ve done this more than once to get approved for a new Chase card.
Application frequency
Chase doesn’t publish formal application rules, but its policies can be some of the most restrictive in the industry.
The most well-known is the 5/24 rule. If you’ve opened five or more credit cards from any issuer in the past 24 months, you’re very unlikely to be approved for most Chase cards. This includes any card that appears on your personal credit report, so while many business cards don’t count toward 5/24, personal ones do.
The restriction applies to virtually all Chase cards, including the Chase Sapphire Preferred® Card (Rates & Fees) and families of cards, such as Southwest, Marriott, and Hyatt. You'll know this is the reason you are denied if the letter you receive states, “too many credit cards opened within the past 2 years.”

It’s important to distinguish between cards subject to 5/24 and those that count towards your 5/24 status. You'll need to be under 5/24 to apply for Chase cards. Oddly, however, Chase's business cards won't add to your total number of new accounts.
Chase also limits how many cards you can apply for in a short period. You can be approved for no more than two personal cards in a 30-day window, and just one business card in the same period. Applying for too many cards too quickly is a red flag and could result in a shutdown of existing accounts.
A safe approach is to apply for no more than one personal and one business Chase card every 90 days. This helps keep your account in good standing and improves your chances of approval.
Sign-up bonus restrictions
The majority of Chase products state you can earn the bonus again 24 months after you last received it, as long as you're not a current cardholder of that product:
“This product is not available to either (i) current Cardmembers of this credit card, or (ii) previous Cardmembers of this credit card who received a new Cardmember bonus for this credit card within the last 24 months.”
The exception to this rule is the Sapphire cards. See our detailed post on Sapphire card restrictions. If you already have a Sapphire card — or have received a sign-up bonus on any Sapphire card within the past 48 months — you’re not eligible to apply for another Sapphire card right now. You’ll need to wait until the 48-month window has passed and you’ve closed any existing Sapphire account:
“The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months. “
Other card families also have their own restrictions. For instance, you can't get another personal Southwest card if you've earned a sign-up bonus on another Southwest card within 24 months:
“The product is not available to either (i) current Cardmembers of any Southwest Rapid Rewards® Credit Card, or (ii) previous Cardmembers of any Southwest Rapid Rewards Credit Card who received a new Cardmember bonus within the last 24 months. This does not apply to Cardmembers of the Southwest Rapid Rewards Business Card and Employee Credit Card products.”‘
However, once that time period has elapsed, you can get a second card with its second bonus. You're not completely restricted from getting another card like you are with the Sapphire cards.
The application restrictions on Marriott co-brand cards are a different beast altogether, confounding even the most experienced points and miles fans. We've put together a post detailing the rules, plus a guide detailing the best application strategy for Marriott cards. These rules are complicated due to the fact that both Chase and American Express issue Marriott Bonvoy credit cards, and having a card with one issuer can affect whether you're eligible for a card with the other.
Citi Application Rules
Maximum number of cards
Much like Chase, Citi doesn’t have a firm rule on the number of cards you can hold. Instead, it limits the total amount of credit it’s willing to extend across all of your Citi cards. If you receive an “Application Pending” notice, Citi usually provides a reference number and a phone number you can call for an immediate review.
It is possible to hold more than one of the same card, at least for most cards. Some cards — such as the Citi Custom Cash® Card — explicitly state that Citi will not approve you for more than one of this same card. There are reports of being able to product change a different Citi card to a Citi Custom Cash while already holding one, but your experience may vary.

Application frequency
Citi has strict rules around how often you can apply for new cards, and while they’re easy to understand, they can be a bit frustrating. You’re limited to one personal card application every eight days and no more than two personal cards in a 65-day period. Business cards are even more restrictive; Citi generally allows just one business card application every 90 to 95 days.
Sign-up bonus restrictions
Citi has a 48-month restriction for the majority of its cards. This includes Citi-branded cards, such as the Citi Strata Premier℠ Card, and the AAdvantage® family of cards. You must wait at least 48 months before being eligible for a new cardmember bonus. For example, these are terms and conditions from the Citi® / AAdvantage® Platinum Select® World Elite Mastercard®:
“American Airlines AAdvantage® bonus miles are not available if you have received a new account bonus for a Citi® / AAdvantage® Platinum Select® account in the past 48 months.”
Citi dropped the restriction on applying for other cards within card families. So, you could get a bonus on the Citi® / AAdvantage® Executive World Elite Mastercard® even if ineligible for the AA Platinum Select. Or you could get a Citi Strata Premier and still be eligible for the offer on the Citi Custom Cash.
Likewise, the previous rules that factored in the timing of both account opening and closure no longer apply. This is a plus, as the reset upon closure was frustrating. But the 48-month restriction does make you wait a while before you can get a card for a second time.
Discover Application Rules
Maximum number of cards
The known rules for Discover are straightforward: You can have no more than two Discover cards at any given time. They can, however, be two of the same card. This may be useful if you like 5% cash back on rotating categories. We'll see if this changes in the future, as Discover was acquired by Capital One in May 2025.

Application frequency
You can only get one new Discover card every 12 months. If you want a second card, you'll have to wait a full year to apply for it.
Sign-up bonus restrictions
Discover doesn't appear to have any restrictions on receiving the sign-up bonus for a given card more than once. However, given the issuer's limits on the total number of cards and application frequency, this is limiting enough.
U.S. Bank Application Rules
Maximum number of cards
Like Chase and Citi, U.S. Bank doesn't provide a formal limit on the number of cards you can hold. Instead, the bank limits the total line of credit for each customer. If your application ends up being denied, you can call and see if the bank will reduce your available credit on another card to be able to approve you for the new card.

Application frequency
You can't find any written rules on application frequency. That being said, unwritten rules and consumer experiences show that U.S. Bank is fairly sensitive to how many credit inquiries and new accounts are visible on your credit report.
U.S. Bank is likely to deny your application if you are applying for and opening numerous accounts, even if these are with other banks. We would suggest holding off on new card applications for a few months or more before applying for a new U.S. Bank credit card.
Similar to Bank of America, anecdotal evidence also indicates U.S. Bank factors your overall banking relationship into its decision to approve you for a new card. Having a deposit account with U.S. Bank may not be a bad idea if you want to increase your chances of being approved for a card.
Sign-up bonus restrictions
U.S. Bank doesn't have rules about earning bonuses within the same “card family.” However, you will see this restriction on some cards:
“The bonus is not available to Cardmembers who currently have, or had…”
That means you may not qualify for a second sign-up bonus on a card that you had in the past. Additionally, some cards do not let you earn another bonus until your account has been closed for a period of time. For example, the Korean SKYPASS cards have the following restriction:
“Existing or previous SKYPASS Visa Signature cardmembers are not eligible if you have received a new account bonus for this product in the last five years.”
Five years is a long time! This language is showing up on other U.S. Bank cards as well, such as the U.S. Bank Altitude® Connect Visa Signature® Card. It may be that this is becoming the new standard for U.S. Bank cards.
Make sure you read the fine print, however, as the terms vary a bit.
Wells Fargo Application Rules
Maximum number of cards
Wells Fargo doesn't provide a formal limit on the number of cards you can hold. However, the bank is known to limit the total line of credit extended to each customer. In the terms for some cards, the issuer even states it will automatically adjust your credit limits if needed.
“If you are applying for an additional card, then you agree that we can distribute your credit limits between each card if: You already have a Wells Fargo Credit Card account that has no current balance, and You have not used the Wells Fargo Credit Card account for any reason within the past six months.”
Given the inflexible application restrictions, applying for too many Wells Fargo cards is not likely to present much of an issue for most folks. You simply won't be approved for multiple cards or sign-up bonuses each year.

Application frequency
Wells Fargo restricts applicants to one credit card every six months. Although the language is a little vague, the application restrictions are strictly enforced from all reports. You'll see something along the lines of:
“You may not qualify for an additional Wells Fargo-branded credit card if you have opened a Wells Fargo-branded credit card in the last 6 months.”
There are reports that Wells Fargo considers your total banking relationship in new card approvals. This is similar to both U.S. Bank and Bank of America. Opening a deposit account with Wells Fargo may be a good idea if you're looking to get one of their cards.
Sign-up bonus Restrictions
The Wells Fargo language is a little vague, but you'll only receive one introductory offer on a Wells Fargo credit card product every 48 months — including introductory APR offers. If you're looking to bank Wells Fargo sign-up bonuses, you'll need to stagger your applications significantly. Here are the terms from the Wells Fargo Autograph Journey℠ Card (Rates & Fees) as an example:
“You may not be eligible for introductory annual percentage rates, fees and/or rewards bonus offers if you have the Wells Fargo Autograph Journey Visa® or opened one within the last 48 months from the date of this application – even if that account is closed and has a $0 balance.”
Wells Fargo increased this restriction from 15 months to 48 months in 2024. However, at least for now, the Choice Privileges cards are still subject to this 15-month restriction:
“If you opened a Choice Privileges Mastercard Credit Card or a Choice Privileges Select Mastercard Credit Card within the last 15 months, you may not be eligible for an introductory bonus rewards offer.”
Maximum number of cards
Navy Federal Credit Union confirmed to AwardWallet that members can hold no more than three NFCU cards simultaneously.
Application frequency
You must wait at least 90 days between applying for Navy Federal Credit Union cards.
Sign-up bonus restrictions
When we inquired, Navy Federal Credit Union said that it doesn't have any other sign-up bonus restrictions that potential cardholders should be aware of.
Final Thoughts
Understanding each provider's credit card application rules and restrictions will help you develop a successful long-term rewards travel strategy. In addition, by using this knowledge, you'll be less likely to waste “hard pulls” (credit inquiries) on cards you aren’t likely to get approved for. Remember, many of these restrictions aren't written rules. Instead, they are pulled from community data.
If you receive conflicting information from providers, we’d love to hear about it. Feel free to leave a comment. Additionally, check out our Award Travel 101 Facebook group if you're not yet a member. This is a great place to share data and ask questions about all sorts of travel and credit card rewards topics.
And if you have questions about the information we’ve provided in this post, please get in touch in the comments below. We will do our best to find you an answer and update this guide.
For rates and fees of the cards mentioned in this post, please visit the following links: The New United℠ Explorer Card (Rates & Fees), The New United Quest℠ Card (Rates & Fees), and Chase Sapphire Preferred® Card (Rates & Fees)
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Amex has a new rule. If you have closed a similar type of card in the last 24 months, they will not pay a bonus if that happened. I closed a Gold card last year. I had for 18 months. In that 18 month period, I acquired the Amex Platinum card. I decided to not keep both. I recently applied for the Green card. The pop-up occurred and said that I could open the account as I was pre-approved, but I would not receive the SUB. I never had the Green card before this application.
John – I’m also seeing the pop-up window for the Amex Green card. However, I’m not sure the reason for this is what you’re suggesting. I earned a “similar type of card” bonus after closing another Marriott card within the previous year. If we start seeing more data points on this, it could be something, but at this point I just think they’re being strict with the Amex Green card (several friends also got the pop-up window).
Thank you for this information. I knew about the Chase 5/24 rule, but the rest of these rules…wow! This is a lot of work!
I knew Chase have this as they told me when I got approved for Sapphire reserve Card but didn’t know about others. Now I know other banks also have similar rules. This is very helpful. Thanks !
I just received a sign up bonus for my AMEX PLAT in the mail for 100k bonus plus 10x on grocery and gas. I called AMEX and the first lady said yes! This bonus is for you (even though I told her I already have the Plat card). I was still worried so I called again an hour later another lady said no it wont work and that when I apply, there will be a notification that will pop up saying I do not qualify for the sign up bonus. I decided to apply anyways to see if I get the pop up and I did not get the notification. I read the terms and conditions thoroughly and did not see anything about having more than one Plat. card restrictions to bonuses. I guess I will have to wait and see if i get the sign up bonus.
P.S my social is locked so they didn’t even do a hard pull, according to the applications after I finished, they did a soft pull a month before I locked it. This is so weird. I wonder if there are ever “special rare” times when they do this for their clients?
***Update***
So I can confirm that this lovely offer has worked for me based on my spend and involvement within American Express. I believe they offer same card, same sign up bonuses for certain members. American Express has been really impressing me lately, I really wish their points platform and redemption were more polished however.
I just cancelled my SW Premier card after holding for 2 years, 9 months. A week later I called to see if I was eligible for the SW welcome bonus (I knew I was based on many articles and the terms language). Well, the phone rep said SW is changing the language from 24 months after receiving the bonus to 24 months after last Credit Activity aka closure! Thought I was getting companion pass this year, guess not. Was she wrong? Did I misunderstand?
Hi Claudia, I haven’t heard anything about a policy change. I would imagine this will start coming up in a lot of online forums if it’s true. Hopefully just a misinformed rep.
I had the business Aviator card, canceled it March 2019 and applied for it Dec 15, 2019, got a denial letter stating ” record shows you’ve already established the maximum allowable number of this product with us” Has anyone had this experience?
Are there features within AwardWallet that would help with keeping track of the unique features of each of my credit cards?
Excellent and very thorough summary of all the crazy written and unwritten rules.
The issuer is not the credit card application – it is about the $200 yearly bonus from Charles Schwab on the Schwab Platinum card. We have different SSN (obviously) so I don’t think there is an issue with to respect getting approved but we share the same Schwab account number. If I close my account before she applies one would think her account should qualify for the bonus, but these things don’t always work based upon logic. I was wondering whether someone really KNOWS the answer. If not I’ll have to call AMEX/Schwab.
If you sign up for the Schwab AMEX Platinum card and get the AMEX welcome bonus and $200 annual bonus from Schwab if you close the card account can your spouse sign up and get both bonuses?
Your spouse getting the card has nothing to do whether or not YOU close a card. You’re two different people and are not connected from a credit card application process.
Barclays “one card” includes other company’s credit cards or just Barclays card???
>Application Frequency – Stick to one card every six months and only one card at a time. Barclays is not flexible on application frequency.
WOW! Incredibly useful info. Mahalo from Maui.
I did apply and was approved for the Barclay’s Aviator business card. To get 40K bonus miles I only have to make the first purchase and pay the $95 annual fee. Thinking of AA’s award structure, the difference between a business and first class one way ticket from US to SE Asia is 40K miles. So in other words I just got an upgrade from business to first for the $95 annual fee price. Not bad!
Wonderful information. Thanks.
bookmarked this page! so useful!!!
Great overview, especially the summary table! Really helpful to keep straight and organized when planning apps.
it’s so important to read through these conditions. I got burned badly when I missed the conditon that the amex surpass stated that you cannot have the card previously to get the promo points. 🙁
Howie, I’d like to join other members in thanking you and your crew for doing an incredible service for those of us who like to travel in style!
Steve, we’re happy to have the privilege of being a part in making it happen 🙂
Kindly clarify – I have had the Barclay’s Aviator Red card for a few years and got AA miles as a sign up bonus. Should I be able to get the 40K bonus for the Barclay’s AAdvantage Aviator Business Mastercard (if approved, make the first purchase and pay the $95 annual fee)?
Thanks.
These are two completely different products; yes, you’d be eligible for the associated bonus.
Great stuff here. Howie, you are the new Rick Ingersoll in my book.
Lol 🙂 Thanks!
Great insider tips!
These rules usually make my head spin. Now with this post I have a valuable resource to go to.
Finally reading this and will save for reference to evernote.
Apologies if this has already been answered. However,, am I reading it correctly that one can keep earning the sign-up bonus on BoA cards, even if one is already holding the same card, as long as one is within the 2/3/4 rules? I.e. approved for AK card today, earn sign-up bonus, and keep account open; apply for AK card again in, say, 6 months and earn sign-up bonus again?
That is correct — if you’re approved.
Thanks. Any particular reason to think one wouldn’t be approved outside of non-compliance with the 2/3/4 rule?
any other normal reason you might be declined. Too many recent inquiries. Credit utilization. Sufficient credit already established with the bank. Etc.
Okay, so no hidden pitfalls. The way your previous reply was phrased, it sounded like perhaps there were some additional concern in getting BoA cards approved. At any rate, since none of the things you mention have ever been an issue for me, nor have I, ever, been declined for any card, personal or business, from any issuer, I imagine I’d be equally as successful going for a series of BoA cards. Thanks
thank you for posting this information
Great analysis to keep in mind when applying for credit cards.
this is so important. i tend to gloss over the t&c and gotten screwed for it before.
This could not be more timely for me as just this morning I was contemplating cancelling one of my Barclay cc’s but wondered what my wait time would be before I could reapply. I googled it. Found an answer. Should have come to this site first, obviously!!
Very helpful roundup. Thanks!
Thanks for the detailed post!
I seem to be on some sort of BoA blacklist. I applied for the Alaska card, got it (having just gotten over the 2/3/4 bump), got the card in the mail and then got a letter saying that it was cancelled
I’d suggest calling an asking for an explanation if it didn’t come in the letter.
Thank you for updating this information. this is masterful.
This is the article of the year right here. Wonderfully put together. Well done!
Very helpful guide, thank you!
Thanks for putting this guide together. It’s so helpful to have all this information in my document.
Arguably the most important part of this points hobby of ours. Thanks for the post.
Hi Howie. I just closed my Capital one Venture card. I first opened the account 3-26-16. How long should I wait to reapply for it again to get the sign up bonus?? Also a side note: I recently got the AA aviator red card and CITI AA platinum card for 120k total AA miles. And am planning a trip to Bangkok in Nov 2018. What cards should I get to maximize my points to fly business class of first class one way for one set of miles then maybe one way back for another set of cards or miles or combo of cash and miles. I would appreciate any guidance so my girlfriend and i can plan accordingly. tyvm!
jay –
The questions on redemption are best asked in our Facebook group, Award Travel 101. Check it out: https://www.facebook.com/groups/awardtravel101
Closing and opening the same cards are a surefire way to be a bad bank customer and risk having your accounts terminated. Keep that in mind.
I keep receiving large bonus mail offers for the Delta AMEX card, and I know I had one at least 5 years ago that had a signup bonus. But I don’t remember which one I had. So i never end up applying for it because I don’t want to be denied the bonus just in case it’s the one I previously had. With the others, I’ll just wait a year or 2 (for chase) before applying again.
I believe this blog has become the premiere go to for all things credit card and travel related. Thanks for all the information you provide.
Flattery will get you everything, Bill!
One quick question about the Capital One 1 in 6 rule. Does the 1 in 6 only count for denials as well as acceptances? In other words, if I am denied can I apply again in less than 6 months and be approved if I havent been approved by Cap one in the last 6 months?
Based on our experience, yes. It is 1 NEW card account per six months.
I was recently denied a Capital One credit card. I had not applied nor received one in 10 + years. The reason they gave was that I had opened too many new accounts recently. My credit score was 789. I’m just not sure of the definition of the word “recently”.
Recently is typically 90 days. Something sounds off.
Will you be updating this page with the new Chase Sapphire Family card rules?
We’ve just done that.
Thank you, this is helpful.
I receive approval for 3 BofA cards in one day. These were the first BofA cards I ever applied for and one went to pending but was approved the next days.
How long ago was this John?
Wow…great summary! Thanks for putting this together.
Thank you so much for breaking this down. I am amazed at the complexity involved in being able to utilize all these credit cards. Great credit score and history doesn’t hurt. But it certainly isn’t enough to take advantage of these bonuses being offered.
This article says, “Chase also restricts the number of cards you can apply for in 30 and 90 day periods.” What are the 30 day restrictions versus 90 day restriction?
Typically you can apply for no more than 2 chase cards in a 30 day period. 90 days is typically considered a window in which you might get dinged for too many recent inquiries. While this isn’t a written rule, it is supported through evidence over time.
I’ve bookmarked this page for continuing reference. Will this information be updated if/when a bank’s application rules change?
We will indeed update this post as we identify any updates.
Just a heads up for you that there’s been another update.
Learning the rules is an important part of the game. This is a helpful summary.
Howie, I have the Barclay Aviator red card. I’m aware of the Barclay arrivals card, which is a cash back card. Is there any other Barclay card like the Aviator red which will give me a nice AA miles sign up bonus? Thanks
Steve, this is the only one.
Great to have this all in one place! I appreciate the award wallet service, just realized some miles were about to expire! I’ll have to keep better track in the future!
Thank you for this info. I’m thinking about applying for a new card from several of these companies and did not know their specific rules. It is helpful.
Very informative and thorough. Did not know that BOA had become so restrictive. I guess I know why chase UR denied me now. Well done article
Good article. I have one question about Citi. The article states the following:
“Citi has a 24-month cycle for collecting sign-up bonuses, with a twist. If you open a card and receive the sign-up bonus, you can receive the bonus again after 24 months of having the card open”
So are you saying I can keep the card open for say 25 months and then call Citi to request a bonus if I charge $xxxx in the next 3 months?
Thanks for clarifying.
I’ve updated the language to clear up the confusion. You won’t get a bonus on the same card, you’d need to open an additional card to get that bonus.
Thanks for this post, super helpful!
Thanks for the valuable info. Current and all in one place!
Thank you for this wealth of information. Most helpful.
I love these that have meat to them to read! It really helps move my work day along :o) Truly I’ve started reading through historical blog posts to pass the time at work…so many distract my brain well enough to give it a break from work issues.
I do love these in depth posts. It really helpsS us figure out what we can get easily. I listen to CN Traveler and they mention ya’ll several times to monitor and track :o) It’s cool!
I have gotten several wonderful tips and tricks! So thank you very much!
Any chance of a Canadian version of this?
Unfortunately, we don’t have enough experience in the Canadian credit card market to do this effectively. Sorry!
OK, thanks anyways.
Kind of nice to have these rules in one comparable place. Thanks!
Is it difficult to get a second account/card with Citi? What reason would you give (other than admitting you want another signup bonus) for applying for a card you already have?
I personally had two of the same card because I wanted the rewards the card offered and needed to keep my expenses 100% separate for accounting purposes with work. I would spend and be reimbursed.
Very helpful article indeed!
What would make this an excellent reference is having a table at the end that summarizes the key points.
So the rows could be something along the lines of:
1. Max # of cards allowed
2. Application Frequency – personal
3. Application Frequency – business
4. Signup Bonus Available (Y/N) – this row is only needed because of AmEx
5. Signup Bonus waiting period
And the columns would be the Issuing Banks.
We’re working on it.
Chase also checks for criminal records. Unfortunately, I had a run in with the law about 20 years (white collar and fine/probation), and Chase recently canceled all my credit cards with them. According to Chase, I am a reputational risk to the bank. They did this even though I had had the cards for some time, paid balance in full monthly and have a credit score in excess of 800.
Very helpful. Thank you! I’m actually comparing cards to apply for.
This is the best up-to-date guide! I hate that the banks don’t just clearly tell you what their policies are but this is a great review
Just check Chase Ink and T&C does not mention the 24 months bonus restriction.
thank you for this important information for us regular consumers. I hope you have plans to update the information periodically.
this information is really helpful. thanks for the great info.
Also, the 2 cards in one day mentioned is only for credit cards, you can apply for as many charge cards per day as you want.
Appreciate the clarity here — hopefully no one is applying for that many charge cards in a day.
Where did you guys get the amex 4 charge card limit from? it’s incorrect. and the 4 cc limit is now 5 cc’s according to many reports.
There have been some data points on FlyerTalk but it hasn’t been conclusive. I’ve updated the post to remove that point to help clarify.
This is pretty legit- one of the better posts I’ve read in a while. Keep up the good work!
Super useful, thank you! I didn’t find out about the Chase 5/24 rule util it was too late, so now I’m playing the waiting game.
So many credit cards so little time… This article may encourage me to up my points game
The Advantage Executive 450 per year. I got it for the bonus 50k too and the admiral club for my family and I. Can I have it for a year and reapply to get the bonus?
Based on the current requirements to receive a bonus, you cannot.
This is a very informative and helpful article on flyer club cards. It’s very easy to get carried away and get one card and then apply for another with all the recent promo offers going round but it’s the background we probably do not think about like what it’s doing to our credit ratings etc.
Best advise, keep this article and go steady when applying for various cards.
This is a pretty good guide and one that includes other banks than the usual suspects.
As far as I know there is no limit on Amex charge cards, only the credit cards. For example, I currently have a Platinum, PRG, Gold, Green, BRG, and Biz Platinum. I have run into the Amex credit card limit though. I actually had 6 credit cards and applied for the recently released Blue for Business credit card but couldn’t get approved. To make matters worse, no one in normal customer service understood what was happening with my denial considering my excellent credit and track record with Amex. It wasn’t until I researched on DoC, that I finally found out about the limit, because of course, even Amex weren’t fully transparent about the limit when I called into the business reconsideration line… I spent several calls and several hours moving credit lines around and reducing credit lines to get more available credit which was obviously all for not.
I am opening a case with them about this and should know back in a week if they will settle with me or if there will be a class action. If I have to pursue further recourse would you be interested in sharing your experience about the lack of transparency regarding credit limits?
I wish I had been aware of the 5/24 rule… ruined my shot at an Aviator Red card with it! Hope a good bonus for it still exists in a year or so.
All great info in one place.
good guideline info
Thanks for a great overview of various types of card restrictions! Without your help I’d be searching the internet forever.
This is a great article. Makes it that much easier for those managing multiple cards from multiple providers.
Any good way to track which cards i might have opened in the past so as to avoid opening a card that WONT be able to give me bonus miles?
We’re working on a few things to hopefully replace a pesky spreadsheet.
It’d be awesome to track signup bonuses in AwardWallet. I’m really bad about updating my Excel spreadsheet.
It is definitely something we’ve discussed. Easier said than done, but something we’re continuing to consider.
Thanks for compiling this in one place, easy to understand!
I’ve been interested to see recent reports on Chase in-bank employees letting slip the 5/24 as the unofficially official policy.
Really good information. Thanks!
Great information!! This is a great guide. Wish I could sticky it!
Thank you so much for the info. This is a uaeful guide as we tend to get cards often.
Well done. Thank you.
I have a question about Citi.
You said “Citi has a 24-month cycle for collecting sign-up bonuses, with a twist. If you open a card and receive the sign-up bonus, you can receive the bonus again after 24 months of having the card open.” Does this mean I can ask to receive a bonus again while the card has been open the whole time/without cancelling and getting a new card? How does this work? Do I call customer service?
You’d need to get an additional card. You won’t receive a 2nd bonus on the same card, but rather you’d need a new card account to get the bonus.
I know someone who received a code from Citibank (I guess) which allowed him to bypass any time limit and received another sign up bonus for a card he just received very recently. I assume it was targeted and I don’t know how or why he received it, but, even though I can’t provide more information, it is possible to bypass any time limits for receiving a bonus.
Sounds like a one-off targeted offer.
Thank you so much for this wonderful article!!!
Thank you for this information. I knew about the Chase 5/24 rule, however I did not know the rules for the other banks credit cards.