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.
Thank you. Reassessed Chase portfolio and looks like I can halt spend on CSR and take that limit and move over about $14k in additional credit to the WOH card, landing us at $24k. At the suggested 75%, this would give us $18k in total WOH spend to work with. We can slow play it over the course of the next 4 months and hit $72k in spend. Coupled with a few stays, should be able to hit Globalist. With stays planned for Oct/Nov/Dec this year, would like to attain Globalist sooner than later. Any other angles to take to allow us to spend more? Possibly request biz credit over to personal side? Wire in $50k to the WOH card (effectively mitigating risk from Chase's vantage), and then spending? Trying to be creative while avoiding security risks.
If it matters, on the business profile side, I have roughly $50k or so in total credit, most of which is utilized. On the aforementioned Ink Business, I've been cycling the past 6 or so months not cognizant of any repercussions this may carry - will stop this behavior immediately.