Nervous about high Ultimate Rewards balance?
#422
Moderator: Travel Buzz
Join Date: Aug 2012
Location: Sunny San Diego
Posts: 3,099
I haven't cashed out a UR point in a couple of years. They are accruing steadily and I'm not concerned.
#423
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
RNE.. You pay on time, you're not cycling small credit lines. Your credit score is high and your debt ratio is low. Your address and credit usage patterns haven't shifted. Your lines of credit across the board are in good standing. In other words, you have a healthy banking relationship with the lender. You don't have a gamer profile. I think you're good.
#424
Join Date: Aug 2005
Location: HPN
Programs: not anymore! I'm FREE!
Posts: 3,459
If anything, a high points balance is evidence of someone who spends a lot of money but doesn't really care enough about points to pay attention to his balance.
Or it's evidence that you're saving points up for something big. That could just as easily be a transfer to an airline (costly for Chase) as some item you'll buy via the Chase portal (probably less costly). My guess is that more people do the latter than the former (and even more fall into the high-spend-but-don't-care-about-points category), so on the whole your high points balance isn't (by itself) evidence that you're going to be unprofitable. And therefore Chase doesn't care about it.
#426
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
*I'm not saying all churners and AF-avoiders have high balances nor that that's the only way Chase spots them. Nor, for that matter, am I saying one should avoid high balances or transfer them out preemptively. I'm just sharing my angst in this impromptu group therapy session.