What strategy advice to collect them all efficiently
Hi all,
New to this credit card game and have done a lot of reading but i can't figure out the best way forward, would love your advice.
Here are my current cards:
OCT-2016: AMEX CR (Personal)
25-AUG-2017: CSR (Personal)
25-SEP-2017: CIP (Business)
01-NOV-2017: Chase Marriott Rewards Business (Business)
So that puts me at 2/24 for personal cards.
On my wishlist:
AMEX Platinum Ameriprise (Personal)
Southwest Rapid Rewards Business (Business)
Southwest Rapid Rewards Plus (Personal)
Marriott Rewards (Personal)
Of course 3 of those 4 are on chase's 5/24 rule and i'm already at 2/24.
Ideally, i want to get the AMEX platinum in 2017 to get the $200 travel credit in 2017 and then again in 2018. Going for Ameriprise because no AF and the regular personal offer is only 60k (waiting for 100k).
So, if i apply for AMEX in 2017, that puts me at 3/24, meaning i only have 1 chase card left.
Maybe i can do AMEX, then Chase Southwest Business (no credit hit) and then apply for the last personal Chase Southwest Personal.
That means i miss out on the marriott rewards card. No big deal but i would like that points bonus (i stay at marriotts often) and it ties well with the status match from the AMEX.
What are my chances of applying for both:
Southwest Rapid Rewards Personal + Business in 1 day?
Keep in mind the credit limit for my last card (marriott business) was only $5k which i think is the minimum. Meaning i'm close to reaching my credit ceiling?
Do i have to wait for instant approval before doing the next application? Because if it gets manually reviewed won't they see that i applied for 2 in 1 day pushing me over 5/24?