Originally Posted by
pallhedge
Yes, take your time doing this. $10k CL is gonna make it tough. Cycling credit as you suggest might not just get your WoH card closed, Chase could shut down their entire banking relationship with you. It's not worth it.
If it were me, I'd spend no more than 75% of my CL each month. Once or twice over the spending period, I'd pay down the balance mid-month to spend more. I would not cycle the CL every month and I certainly wouldn't do it more than once during any statement period. If you're lucky, Chase might increase your CL with this new level of spending.
I concur, most likely OP you lose X2 , Chase closing you down and not making Globalist.
If you want Gloablist due to planned or hopeful travel in '21, youd be better off crunching the #s and see if doing mattress runs is worth the expense. A 3rd X would be you plan to go Intl and then places still wont let Americans in. I was thinking OP of doing the same going after globalist but decided not to since the way things look I have no idea when , if at all Intl travel will be back in '21