Originally Posted by
protagonist
Is it a good idea to take a "promotional offer holiday" and wait a year or so before applying for any more cards , and just cancel those cards I would normally cancel, reducing my number of cards?
You are those people who earn because they want to earn.
Your issue is simple - too many new account with too many inquiries. On this basis, I will not surprised that any new apps in the next 6-12 months will be denied. Beside, too many new account opening may generate unnecessary heat from banks (like possible blacklists, etc.)
Instead of taking a "holiday", I will suggest responsible churning instead.
BTW - your credit score has no effect to the approval process.
Originally Posted by
protagonist
Or should I just keep taking advantage of the promos (maybe focusing on Citi and Barclay cards and ignoring Chase for awhile)?
What I can say is if you don't take a rest, Chase will be a history to you.
Originally Posted by
protagonist
Also, given the above, any idea how long I should wait before re-applying for Chase UA or BA cards ?
6-12 months IMHO.