ninim2200

I dont think there is an exact science to when to cancel after you lower your credit limit, in normal cases i let at least one statement close on the new credit limit, this is a personal preference when i have plenty of time.

i also believe 10 days should work just fine for you.

gnomey

Great, thanks!

slickvik

How strict is Barclays with recent pulls?

ninim2200

do you know what barclays pulls in your area? in southern CA they pull transunion, all the others pull experian, so its never an issue.

gnomey

from my experience, they will frown more on the # new accounts you have in the past 6 / 12 months.

slickvik

Approved

RobertHanson

Yes, but....

I've gotten a number of cards from Barclays, and while I'm careful not to apply right after doing an extended churn with other banks, and not to apply for more than one Barclays card per 6 month period, I have always had a large number of new accounts opened in the past 12 months.

What I do, and of course I have no idea if this affects my being approved or not, is put regular spend on all of my Barclays cards, and keep them open at least until the next AF posts. If I get a statement credit for the AF, I sometimes keep that card open for 2 years.

So I don't really know, but I'm guessing they are more averse to churns of their own cards, especially with only min spnd being done and early cancellations, than they are to new accounts in 12 months.

gnomey

^ agree with all of these. i wasnt as diligent in laying all out like you , so thanks for this!

my statement is more relevant if you have to deal with recon. thus , with barclay, what you want is to strive for auto-approval (no human intervention)

RobertHanson

Hadn't thought about that, but yes, it seems nearly all of my apps have gone to auto-approval, mostly instant approval as far as I remember.

wyogold

I've been looking everywhere for some guidance on BC churnability, and I know the 1 app / 6 month 'soft' rule, but couldn't find any recent DPs on this rule. I recently applied and got the AAviator red card, have a Arrival (nonplus) open, and was wondering if I should wait 6 months after AAviator opening before applying for a LH M&M again (churned in the past, now closed), or if I should just try to hit it now, it's been only 2 1/2 months since previous app? Any input would be more than welcome, there's nothing in the wiki. Of course I know YMMV, but anyone knows where the 6 month rule comes from and if it's known to be current? Any input would be very much appreciated.

esha1

30,000 points for $5,000 have posted, but 20,000 points for the first purchase haven't! Anyone with the same experience?

ninim2200

the 6 month rule is not a hard rule, its based on previous experiences with barclays, they are known to be sensitive to abuse of their cards, so the FTers found the safest way is 1 card/6 month. Since everything we do is YMMV here is my wife's last few cards all auto approved
Lufthansa February 2016
Lufthansa July/2016
Aviator January 2017
Lufthansa April 2017
Lufthansa September 2017
I would personally lower the credit limit on all open cards, i wouldn't apply for a card that i have the same open and i will always keep one card open at all times.

navatwal

In regards to this 6 month rule, I have the Aviator silver card right now from Barclays.

I have had the Aviator card since Jan 17 and upgraded in June 17 to Silver.

I'm not sure if I have applied and been rejected for other Barclays cards since then, should rejections count towards that 6 months cooling timeframe?

I will be applying for this card next week to keep M&M Miles active, the last time I had and closed this account was in Dec 2017

I have some miles that will expire at end of 2017.

Am I good to apply?

RobertHanson

Eventually you will realize how important it is to record as much as possible about your ccs. Dates for app, whether accepted or denied, dates the bonus was given, date the card was cancelled, etc....

Since you don't know how the rules will change in the future you need to record all of this. I was caught when Chase added the '24 months since last bonus' rule, which was something I hadn't thought to record. Now everything gets recorded.

navatwal

Setting up a spreadsheet now