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Old Apr 24, 2022 | 9:47 pm
  #46  
craz
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Join Date: Nov 1999
Posts: 24,150
Originally Posted by VegasGambler
No, I've done the research. I'm not doing it again just to get references for you. You can feel free to read up and get the facts for yourself. Or not. But I'm certainly not doing it for you.



I'm not threatening shutdowns. I'm just pointing out that Chase has done them in the past specifically for "too many credit card applications" (their words, in the shutdown letters, which you would see if you bothered to actually do the research -- there are plenty of photos on the blogs) and so it seems obvious (to me) that if you apply for too many they will shut you down. I don't know (or care) where the line is but if you are earning 1M pts a year from Ink SUBs that's 12 Ink cards a year so it's obvious (to me) that that's going to be over that line.

Again, I don't care how many CCs you or the OP sign up for but it's reckless when someone comes in to troll/brag about this stuff without being very clear about the risks involved (if he is even aware of them; I'm guessing that OP is very new to this hand and is probably not aware)

It's perfectly reasonable to do this as a calculated risk (you might be willing to risk your relationship with Chase for a few million points) but, again, it's reckless to talk about this without being very clear about the risks.

I'm not telling anyone not to do this. People should do their own research and make their own informed decisions.
Relax unless the OP has something up their sleeve its not gonna happen every year at least to how they pulled it off this year or last year. Chase isnt gonna open up 8 CCs for the OP+ every year = no sign up bonuses. And could be closing all the Inks and then reapplying in 2 yrs will send a red flag up or maybe not. So one can still MS their way to Gaobalist by charging on The Hyatt CC but you not gonna earn 1M pts

Now if the OP has legit businesses with different tax #s then Chase will probably open up the CCs, but not if a personal SS# is being used.Still a nice years haul but being able to repeat it every year or every other year probably will be the problem
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