I am wondering if I am on the edge of shutdown territory but I'm feeling greedy for CIP#4. I have several biz cards from amex and citi, but no other activity in the past 2 years. Credit score ~730, 6 experian inquiries in the past 12 months.
The thing that concerns me is high chase velocity, 5 new accounts in the past 6 months. 12/18: CIP 1, 1/19: SW Biz, 2/19: CIP 2, 4/19: CIP 3 , 5/19: SW Preferred. I am meticulous about lowering credit lines and not carrying balances on any of my publicly visible accounts. I am also tolerant of some risk of chase shutdown, just curious if there is a sense that 5-6 chase accounts in 12 months is a specific indicator of shutdown risk
Last edited by camus; Jun 13, 2019 at 12:49 pm