Originally Posted by
Million Mile Secrets
In general, Citi allows 2 applications every 65 days and the minimum wait time between cards for Chase should be 1 month since Chase is getting very strict on the number of cards you can have.
I would urge you to be very selective about the Chase cards which you can apply for. If you haven't already got the 2 Citi AA 75,000 mile offers, I'd suggest going for those.
I've written a few posts on
credit card churning in my blog that may be helpful. If you apply and are denied, don't hesitate to call the
reconsideration line.
MMS is totally right on with Chase. Having currently 3 long-held chase cards, and recently applied for another chase business card. I was approved after multiple questions, and simply they wanted to move some of the CL from any of the cards over to the other, limiting their overall exposure.
While on the phone, I asked about applying for another personal card. The credit dept rep said I would likely have a 95% chance of being turned down (within a app short period) - the system they said, does this automatically now. She said it shouldnt be a problem, just call in, they will verify some questions and likely move some of the CL from one of the accounts over and be approved.
My belief is that Citi must have purchased a boat load of miles from AA, and is why they are looser on the offer limits and churning. Churning may be good for your mileage account balance but its not healthy for your credit score.