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rated:
which issuers can you multi-app/ apply for credit limit increases with?
With Citi, I have seen people say that you can only apply for 1 card at a time, then wait a week, then wait another 65 days. At the end of 2012, I applied for the Citi Premier card 2x  on the same day and got 2 sign up bonuses but that's apparently a thing of the past.

Can you apply for a credit card with say, Chase, and also apply for a credit limit increase on all of your other Chase cards?

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Got a targeted offer of a $250 sign-up bonus for an Amex Blue Cash Everyday (not preferred). Seems like a good deal, except that I got an offer a few months ago for a $150 sign-up bonus for the same card, which I didn't act on.

In the past, I've noticed, the longer I wait on these, the more they offer. I got my wife a $400 sign-up for Blue Sky (also not the preferred one) last year, by waiting through a few smaller targeted offers.

So... anyone ever get more than $250 sign-up for BCE? Or should I just go for it now?

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Hey everyone. I've spent about 12 hours catching up on churning, app-o-rama's and whatnot and it definitely seems like the trend has moved from BT to offer rewards. It seems like I have a strong understanding of this. I currently have 2 credit cards (Chase Freedom and Bank of America Cash Rewards) my only questions at this point would be

1. If I'm doing mini app-o-rama's according (say 4 cards every 91 days), within a year I would have 16 cards. Is that feasible?
2. Assuming #1 is feasible. Wouldn't I run out of credit cards to take advantage of if I did this for 2 years, or would I just have 32 CC's after 2 years?
3. I have heard other people talk about this, but I'm not 100% sure that I "get it", but I'm going under the assumption that consolidating credit cards is possible, but is it that easy to consolidate them without closing your credit cards?

I just want to make sure I have done my due diligence before doing an app-o-rama

rated:
1. That's aggressive by my standards but A-OK by others. Your average age of accounts is going to be a negative for a while.
2. I've been doing this for decades now, I haven't run out yet.
3. I'm not sure I understand... consolidating means closing one of the accounts that you are consolidating. Consolidating is definitely possible. It is often as easy of a phone call.

Regarding your opening statement, I'd say that things have moved from BTs to offer rewards to something beyond that yet. Keep reading and brainstorming!

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GodelianKnot said:   Got a targeted offer of a $250 sign-up bonus for an Amex Blue Cash Everyday (not preferred). Seems like a good deal, except that I got an offer a few months ago for a $150 sign-up bonus for the same card, which I didn't act on.

In the past, I've noticed, the longer I wait on these, the more they offer. I got my wife a $400 sign-up for Blue Sky (also not the preferred one) last year, by waiting through a few smaller targeted offers.

So... anyone ever get more than $250 sign-up for BCE? Or should I just go for it now?

  Yes I got the same

rated:
Hi,
I'm a noob here Im still in college, I have one Bank of America card and one discover card. I got discover card approved just a couple of days back would it hurt to apply for one Amex card?

rated:
No

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Okay, I'm gearing up for my next AOR.

Current cards:
Amex Costco Total Rewards
Amex Blue Cash (old one)
Amex SPG
Amex JetBlue
Chase Freedom
Chase Amazon
Chase Southwest Premiere
Chase Sapphire Pref
Citi Thank You Pref (two of these)
Citi Forward
Citi Dividend
Fido Amex
Discover IT
BOA Cash Rewards
Capital One Venture (no AF one)
Barclay Arrival (no AF one)
US Bank Cash +
US Bank Club Carlson
Wells Fargo Cash Rewards

I just got a new job, and there will be travel, maybe up to twenty weeks a year. My company is totally cool with me purchasing all travel on whatever card I want and reimbursing me later. They prefer we fly Delta since Delta has a hub in SLC which is where I'll be flying out of, but if something else is cheaper I can book that. I received an offer from Delta for the Gold Delta Amex with 35,000 miles after $1000 in spending in the first three months, plus a $50 statement credit for my first Delta purchase within the first three months. Since I'm currently at four Amex which is the limit, I'm more than happy dropping the JetBlue one, I rarely ever fly them anyway. What is the best way to go about that, should I apply for the Gold Delta Amex first and see what happens, or cancel the JetBlue card and see if they will let me move the balance to one of the other three? I don't want them canceling one of the other three without asking me, is that a possibility?

I've had the no AF Barclay Arrival since Feb, and have twice applied for the Sallie Mae card and been turned down. I'd like to pick up the Barclay Arrival, but I'd really like to get approved and not turned down again. Do you think it has been long enough to try? May was the last time I applied for the Sallie Mae. I've also been turned down twice for the Capital One Quicksilver, and since they pull all three bureaus, I'm not really eager to go for the regular Venture card. I plan on applying for the Sam's Club 5% Gas 3% restaurants and travel Mastercard. The Citi Double Cash looks like a good card too. I've thought about adding another hotel card, either the Chase Marriot or the Chase IHG, just in case a city I travel to doesn't have a SPG or Club Carlson, which one do you think is the better option? One thing I look for is something that has free breakfast because I get paid per diem for food, if I can knock out one meal like that, it would be awesome which is why the IHG is tempting because I like Holiday Inn Express, but I also like Marriott Residence Inn
and Fairfield Inn. Any other cards that people would suggest? It doesn't need to be travel based, I like Cash Back cards too as you can tell from my list.

rated:
If you're going to be flying Delta a lot, I'd suggest looking into the Platinum or Reserve cards to get bonus MQMs. Also if you spend 25k/year, you'll waive MQD requirements for elite status.
I would call/chat and get as much of the Jetblue CL over to a different card, cancel jetblue, and apply for Delta card.

You didn't give a reason for why you got denied for Sallie Mae, but I'd suggest waiting til 12 months (feb next year) get get a card.
I would pass on all capone cards.

For another hotel card, I'd wait until you pick a hotel chain. Chase IHG card is good for the annual fee night at any IHG property gives platinum status, but that's not worth much. Chase Marriott card gives silver status (worth nothing). I prefer Hilton, and i'd go with the Citi HHonors Reserve card to get gold status (free breakfast and internet at most properties). Then I would go with Chase Hyatt card - i personally like the Hyatt program better than Marriott and IHG, but to each his own. Figure out which you like, and get that card. You'll likely often goto a city that doesn't have a viable SPG or Club Carlson Property. FYI, I have all those cards (Marriott, hyatt, IHG, Citi Hilton).
I would put Chase Amazon on chopping block (you have Forward)
The only program that will give you free breakfast with a credit card is Hilton. The others you mention (HI Express, Residence and Fairfield Inn) give free breakfast regardless of status or card.

rated:
Thanks imbatman, you always give great advice on cards. hmm, I will look into the other two cards, their annual fees were pretty high, but having elite status would be pretty cool.

Barclay said two things in turning me down, too many new accounts (duh AOR!), and my account was too new to extend me more credit. I esclated it as far as I could up the chain both times, and offered to move half the CL from the Arrival, they still said no. I think I will take your advice, and hold off on going for the regular Arrival and try after the one year mark. Yeah, I will likely pass on all CapOne cards from here on out.

Not a bad idea to wait until I choose the chain, I'll look at the Citi HHonors card more closely. Yeah, I have no love for the Chase Amazon, I am more than happy to get rid of it if Chase wants me to for a better card. That's true those three hotel chains give free breakfast no matter what, but I figured if I was building up points by staying there too, it would be a good idea to grab one of the cards. I hadn't considered the Hilton card, and didn't realize the value of having the flexibility that it offers free breakfast at most properties, I can see why you like the perks.

Update:

Applied for Citi Double Cash, Sam's Club 5% gas 3% Travel Dining Mastercard, Platinum Delta Skymiles, and Barclay's US Air card. Approved on all cards. Kind of low CL's on both Citi and Sam's though, but overall not bad with a 4 for 4. I had no intention of going for the US Air card, but after seeing so many people get approved for that great offer, and hearing that Barclay's was approving people that had one of their cards for less than a year, I thought why not? They actually gave me my highest CL on any card I have, hopefully they will let me move some of that to the Arrival when I cancel in November.

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Nemesis22 said:
So glad the SW card is back up to 50k RR! Gonna pull the trigger on an AOR hopefully tonight. My concern is I already have 3 Chase cards, Freedom (24k CL), Sapphire (which I downgraded from Preferred, 6K CL) and United Explorer (2k CL). Only carrying a balance on the United card. I'd like to get the PRemier and Business, but not sure how much more Chase will extend me. Should I expect them to transfer some of the credit from one of my other cards?

Hate to waste an AOR, I thought about adding an AmEx SPG card as well, but I book most of my hotels via Priceline. *fingers crossed*

**UPDATE: Applied for Chase Southwest Plus and Southwest Business Plus cards, plus AmEx Starwood Preferred for good measure. Got approved for AmEx and using it now! Got approval for the Chase SW personal card (no confirmation but I see it in my Chase login), rejected for SW Business card for "too many cards". I will call recon line tomorrow. Best to ask them to take part of Freedom credit limit to cover SW Business card? Thanx everyone!

**2ND UPDATE: Moving this thread over from Southwest 50K RR thread. Just spoke to Chase recon line about app for SW Business card and they are refusing to reconsider application at this time due to "newness of business" and "low revenue". I've had Chase cards in good standing for years, work full time and own my home. Wasn't sure what else to say to have them review my app; I suggested moving the CL from one of my unused Chase cards but to no avail. I listed Avon retailer as the business.

Any suggestions?? Was hoping to qualify for Companion Pass with $100k points by February. Thanks as always for any advice!

rated:
do your minimum spend on the southwest plus for 2015, then wait 6 months and apply for the premier. If not automatically accepted recon and say "I realized that the premier is actually cheaper card if I consider the anniversary bonus, and has no FOREX fee so I can put my international transactions on a rapid rewards earning card, so I am planning on closing down my Plus soon and making the Premier my primary card." I think that is a reasonable argument. You will then have the companion pass for about a year and a half

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Alternatively, if you have a bunch of UR points saved, transfer 100k UR points to Hyatt and then those 100k Hyatt points will become 60k RR points that count towards the companion pass.

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IMO, that's a pretty crappy return on 100k UR regardless

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Great advice, LearningFast!  I actually did ask the CSR about foreign transaction fees when I activated, so that will be a good enough reason to upgrade.  6 month waiting period sounds about right.  

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Nemesis22 said:   Great advice, LearningFast!  I actually did ask the CSR about foreign transaction fees when I activated, so that will be a good enough reason to upgrade.  6 month waiting period sounds about right.  
  
Fingers crossed that they buy it. 

rated:
acromontanoj said:   Hey everyone. I've spent about 12 hours catching up on churning, app-o-rama's and whatnot and it definitely seems like the trend has moved from BT to offer rewards. It seems like I have a strong understanding of this. I currently have 2 credit cards (Chase Freedom and Bank of America Cash Rewards) my only questions at this point would be

1. If I'm doing mini app-o-rama's according (say 4 cards every 91 days), within a year I would have 16 cards. Is that feasible?
2. Assuming #1 is feasible. Wouldn't I run out of credit cards to take advantage of if I did this for 2 years, or would I just have 32 CC's after 2 years?
3. I have heard other people talk about this, but I'm not 100% sure that I "get it", but I'm going under the assumption that consolidating credit cards is possible, but is it that easy to consolidate them without closing your credit cards?

I just want to make sure I have done my due diligence before doing an app-o-rama

  1. I would suggest starting a bit smaller than that. If you haven't had many cards, it can be hard to keep track of when bonuses post, how to keep many different kinds of miles and points active, when the AF is due on each card etc. I would try 3 cards now and 3 cards in 6 months. Then if this time next year you find that you can handle your now 10 cards no prob, move on with 2-3 cards every 3 months. 
Also I would apply for the harder to get cards now before you have a million inquiries. For example, do you want any US Bank Cards? Probably better to apply for those now rather than later because US Bank hates inqs, and then you have to start icing secondary CRAs and all that. 
Also think about what cards you will actually want to keep in the long term. You wanna apply for those first so you can keep them, build credit and your relationship with the bank. For example now would be a good time to get the Citi Preferred, since it has a 30k points offer and no AF. Pair that with one of the cards with a high bonus (ie some Chase card) and an AMEX you wanna keep forever (Everyday, Hilton etc) because AMEX will backdate all your accounts to this year. Apply for the AMEX now (december 2014) and all future AMEX cards in january of their respective years as much as possible (that way they will all backdate to 01/2014). 

2. Not really. Cards change all the time, new cards come around. Plus with Chase and Citi you can get a card and bonus again in 2 years (not so with AMEX). 

3. Basically what you do is call and transfer credit line from card 1 to card 2, then close card 1. 


 

rated:
Things are different than about 10 years for these APP-O-RAMAS. I am pretty knowledgeable in this area. It is possible to get a few cards every 90 days or so, but you have to mix banks and products carefully. Age of accounts also matters and with some of the pickier underwriters they see a good amount of recent credit which might hurt you. A number of years ago there were far more auto approvals online. Also you could apply for 5 cards or more same day and the others would not see all the inqs. Having a business helps. Or creating a business. Sell a few items on eBay. Having business cards mixed in makes it a process of going for a few cards personal and 3-4 months time go for a few business card, then back to personal. There are more good personal cards over business branded ones, but there are a few good business ones also like Chase INK etc. Chase INk 5X Office stores and cell phones/telephone/cable
You can buy gas cards at Staples etc an end up getting 5X points on gas. If you get a turndown you could call recon line. If they ask why are you getting this airline crd or something state you heard the benefits are good and you are flying alot with that airline lately. Most banks you can have some success. US Bank and Barclays generally dont bother calling. They are super picky. Try at a later time and they might say yes.

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