Chase 5/24 Rule Question?

QuestionsChase 5/24 Rule Question?
asked 4 years ago

Hey guys! So I have been deciding over the past few days about applying for the Chase Sapphire Preferred card to get the 50,000 UR points with the sign-up bonus. 

 

There is only one problem: I feel like I may be in violation of the 5/24 rule. From my understanding, you can not have 5 credit card accounts opened up in the past 2 years. 

However, does the 5/24 rule apply to closed accounts? I have an AMEX PRG that I closed about a year ago. 

 

Here is a picture of my Experian report via Credit Karma: 

http://i63.tinypic.com/wrieyr.png

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