JBG89

Hey folks, churner that has been on break here.

Have been laying low for over a year with 0 applications and new cards. 790-800 credit score and have about 15 cards atm. Looking to do a new round of apps. I am over the 5/24 and my portfolio of cards is below.

I do not have a specific goal in mind at the moment.

Can anyone advise on my strategy? I miss the game!

* BofA Merrill + ($1,000 airfare)
* Alaska Personal (30k) - already have 1 opened but lowered CL
* US Bank Altitude Reserve ($750 airfare)
* Amex Business Blue+ (20k)
* Amex Business Rewards Gold (50k)
* Citi AA Platinum Personal (65k?)



Cards Open

• Chase Freedom Sep 3, 13
• Discover IT Sep 4, 13
• Citi Thank You Plus Nov 22, 13
• JPM Reserve Jul 3, 14
• Chase IHG Jul 8, 14
• Chase Ink Plus Jul 29, 14
• Chase United Mileage Plus Aug 11, 14
• Chase Hyatt Sep 10, 14
• Amex Business Platinum Dec 17, 14
• Citi Hilton Reserve Feb 15, 15
• Citi AA Plat Personal May 18, 15
• Amex SPG Guest Personal Feb 1, 16
• Citi Prestige Feb 9, 16
• Amex SPG Guest Business Mar 8, 16
• Citi Business AA Plat Apr 11, 16
• Amex Plat Mercedes Benz May 1, 16
• BofA Alaska Air Jun 3, 16
• BofA Alaska Air Jun 3, 16
• Amex Delta Gold Jul 11, 16
• Amex Delta Gold Bus Jul 13, 16
• Chase Marriot Bus Nov 1, 16
• Chase Ritz Carlton Nov 5, 16

Closed / Rejected

• Citi AA Exec Jul 8, 14 (Closed)
• Citi AA Business Plat (Rejected) Oct 19, 15
• Chase Sapphire Preferred (Rejected) Oct 19, 15
• Amex Platinum May 8, 14 (Closed)
• AMEX PR Gold Oct 19, 15 (Closed)
• Barclays US Airways Aug 11, 14 (Closed)
• Chase Sapphire Preferred Dec 30, 15 (Closed)
• Citi AA Plat (Rejected) Dec 28, 16 (Closed)
• Chase British Airways Visa Feb 1, 16 (Closed)

philemer

You really should have a "specific goal". Don't apply just to apply. Even if it's a loosey-goosey goal. What would you like do in the next couple yrs? Where would you like to go? Do you need airline miles or hotel pts? Transferable pts (UR, CITI TY and MR) are the best according to many.

You say-" laying low for over a year with 0 applications and new cards" but you list 6 cards opened in the the last 7 months of 2016. I'm confused.

sdsearch

A couple thoughts which go together:

1. Do you want to get under 5/24 for Chase? There is a way: Apply only (or almost only) for business cards for a year or two. Business cards from Amex, BofA, Barclay, Citi, and US Bank (and Chase) don't appear on credit reports, and Chase evaluates 5/24 by checkiing your credit report for bank cards with an "opened on" date in the past 24 months, so (non-Chase) business cards that don't show up on your credit report are "invisible" to Chase and thus don't count toward 5/24.

2. These days many people are getting denied for an Alaska personal card if they have one open. However, having an Alaska personal card open doesn't keep you from getting approved for an Alaska business card. And with the Alaska business card you either get approved and get 30k or get denied, while with the personal card there's a horrible third option: getting approved only for the Platinum version and getting only 5k not 30k.

So if you want to get under 5/24 sometime, I suggest you go for Alaska business instead of personal, go for the Amex business cards, but consider skipping the "cashback" cards from BofA and US Bank.

philemer

Solid advice from sdsearch. I'm going to stick with Biz cards so I can get out from under the 5/24 Chase guillotine.