Originally Posted by
Dr Jabadski
(6/5/24) … starting ~2018 Barclays started a (anti-churning) policy of 24 months (from closure date) between accounts which became more “non-negotiable” in 2023. I started churning Hawaiian cards ~8 years ago, initially personal for higher SUB, then biz due to Chase 5/24. My account(s) and declined application dates are below.
…
Jun 2024 - biz declined, approved during recon call
A few days ago I received the card mentioned in the quote above, yesterday charged $2 more than minimum required for SUB. (Yes, application was in part based on estimated taxes due date.) After years of keeping almost all cards open for at least 1 year, considering Barclays policy
based on closure date, I’m thinking of closing this account in a month, shortly after paying the first statement balance in full (and seeing SUB post), so as to (potentially) advance my personal 24 month interval by 9-10 months.
I have minimal experience with Barclays (Hawaiian cards have been my only Barclays cards) and it might be moot based on Hawaiian/Alaska merger and possible end of Hawaiian cards but I’m wondering about the prudence of closing a Barclays card shortly after approval. I wouldn’t do it for a Chase or AmEx card, not sure how Barclays will “see” it. Thank you.