Originally Posted by
queensgambit
Ok thanks! At this point if you were in my shoes what would you do over the next 6 months (this question applies to everyone)?
Do nothing in the way of CC apps for the next 6 months, or even 12 months, IMHO. Read, read, read and plan out your strategy using what you learn.
In the meantime, you have over 100K miles/points in whatever partner you transferred them to...you should be able to have some fun travels with that.
Just consider yourself lucky you were able to transfer out those 100K UR points.
Can you share the "points coach" service/company you used?
Originally Posted by
windcloud5
While many ppl brought up online gambling, and applying for new cards too fast. Both are valid points and I concurred with both. But I see a third red flag - it is asking for a human review while you have "skeletons" in the closets. The scenario probably went like this:
You: I need a manager to expedite my UR and SW points.
Manager: I have a request to expedite UR and SW points. This is not very common. Let me see what I can do for this person and why he/she need these points so fast.
Manager: This is odd, this person applied for so many cards in such a short time. Does his income sustain so much more credit line? Let me see what type of charges he has. Holy smoke, he has quite a bit of gambling charges. I can see some red flags already and let me forward his/her file to the fraud department.
Fraud department: This person pose a credit risk to Chase. We decided to close the accounts.
There is a saying in flyertalk that slow and steady wins the race. Unfortunately, you were probably too aggressive. It's ok to do that in poker but it's not very prudent in the CC game. I also must add that if you really paid for a points coach and he/she told you to do what you did, then he is not a very good coach.
Good advice. I'm sure having added the human into the loop with the expedite request didn't help, it may have even been the trigger.