Originally Posted by travelwave

Some of us see churning as a sport; others like myself consider it more of an art. For this reason I would like to perfect my art. What does it mean when we say that you can apply for a Bank of America or Chase card every 30 days?

ANSWER:
It meams that, at the minimum, no cc issuer will review an application by a current cardholder if received less than 30 days since approval of said cardholder's most recent account. You may call the cc issuer and ask the date of approval. They will be able to tell you.


30 days after you apply?

Nope, see above.


30 days after something happens in the inner workings of the bank?

Nope.


30 days after you receive and activate the card?

Nope.



30 days since your last application for any card?

30 days since APPROVAL of your most recent account within the same DIVISION of the issuing institution.


or 30 days since you applied with a different department e.g. Bank of America business vs. personal?


The business and personal divisions are seperate and don't care about the other's business, so treat 'em as such. If you call your credit card issuer, a customer service agent will be able confirm my opinions on this. Please post any experiences you get, as your "mileage" may vary.



I welcome the input here.

Cheers ^