For Chase: does card downgrade or being an authorized user on another card count towards 5/24 rule?

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Google is always your friend, A1. Literally you could tap 4 buttons on the very device you were holding and you'd have your answer

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I don't think you would be eligible for a bonus by downgrading...

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AU counts but then you can call them after you get the rejection letter, tell them you don't use any of the credit cards that you're an AU on, and reconsider your application without counting AU towards 5/24.

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Authorized user absolutely does. I got rejected for CSP a year ago because of AU making me hit 5/24.

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Mo

What's the 5/24 rule?

It's very simple - have you opened a card in 24 months? It counts. Doesn't matter what it is or even if it's still open. There are certain cards like the Ritz where 5/24 doesn't apply though.

But does someone adding me as an "authorized user" count as me opening one?

Gahhh - thanks for the confirmation!

I'm at 3 now including the AU. Planned to downgrade CSR to Freddum Unlim, and then apply for CSP.

Then you should be fine. Also why are you downgrading CSR and getting CSP? Most people do the opposite

Used all the benefits, including last years $300 credit and this years. 110k points used for awesome Costa Rica trip. Now just want to avoid the hefty fees while being able to enjoy the CSP...seems like an easy way to get another 50k points. Will also likely be traveling much less this year.

D1 is correct. Sign up for CSP seperately if you want the bonus and downgrade the CSR to Freedom or Freedom Unlimited

Correct, downgrade to Freedom and apply for CSP

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