Originally Posted by
GundamWing01
could you let us know how long it took BofA to shut you down? with that volume, im curious how long it took. did it take more than a year?
oh my bad. i misread. it was
TheGreatMongo however, it looks like you also got shut down for MS simon and cycling. appreciate the DP. same question though. could you let us know how much MS/mo (assuming its over 20k/mo) and for how long before bofa to shut you down? ive been doing 5k simon/mo on just one card for about a year now. im thinking of stopping or doing less because i dont want a shutdown. always thought 5k is super low, but thats just me. wondering about your experience. im sure in your case, bank bonuses, MS 20k CL + WMBP + going over CL is all part of the reason.
When the simon $1k cards came out (July??), the following months I would MS at least 20k a month on my premium rewards card up until November/December (after Walmart implemented their $8k/month for WMBP). I would pretty much max out the BP limits each month (5 on Visa and 5 on BofA rolling 30 days). I did cycle 2-3 times but maybe going to 25k (in total) at most each time on a 20k limit. As you can see, I was much more active than you. I think doing 5k a month will be just fine.