Ran out of credit cards to apply for

Old Dec 24, 15, 7:21 pm
  #1  
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Join Date: Jun 2014
Posts: 274
Ran out of credit cards to apply for

I think I actually ran out of "good" credit cards I can apply to, at least given the stricter churn limits from Chase/Amex/Citi. I've applied and received every good, notable reward card on the market (Have been doing this for ~3 years out of grad school). Some already 2x times.

Basically at the point where I'll need to wait X months until I can reapply for certain cards with 18/24 month churn limits.

Anyone else? What to do now?
sedubby is offline  
Old Dec 24, 15, 11:57 pm
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Join Date: May 2010
Posts: 23
I'm in the same situation. I've recently applied for:
- Citi AA Gold - 25k, $750 spend
- BOA Alaska - 25k, $1000 spend (to remove fee)
- BOA Alaska Business - 25k, $0 ($75 fee)
- TD Aeroplan 25k, $1000 spend
xal1124 is offline  
Old Dec 25, 15, 9:26 am
  #3  
 
Join Date: Apr 2015
Posts: 26
Have you been exploiting the citi AA plat loophole? I am in a similar situation but Citi keep approving me!
waggles is offline  
Old Dec 25, 15, 9:59 am
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Join Date: Nov 2014
Posts: 37
Have you tried:

Wells Fargo Propel World - 40k ($400), $3000 spend
Capital One Spark Cash - $500 bonus, $4500 spend

The Spark Cash is a business card but just apply as a sole proprietor.
ICEE45 is offline  
Old Dec 25, 15, 10:52 am
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Originally Posted by waggles View Post
Have you been exploiting the citi AA plat loophole? I am in a similar situation but Citi keep approving me!
Can you take advantage of the Citi loophole if you've had the card and didn't let it upgrade? 7 months ago I applied for the AA plat but when I called in they confirmed no points. If I had that, let it upgrade, then the clock would still expire? Could I then cancel that and now get the points in my next app?
xal1124 is offline  
Old Dec 29, 15, 8:22 am
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Originally Posted by ICEE45 View Post
Have you tried:

Wells Fargo Propel World - 40k ($400), $3000 spend
Capital One Spark Cash - $500 bonus, $4500 spend

The Spark Cash is a business card but just apply as a sole proprietor.
Do you also know if the Spark cards (or any Capital One Business card for that matter) is a separate division of Capital One Personal Credit?

I ask this because Cap1 Personal hates me... measly 750 DOLLAR CL on my quicksilver and wouldn't approve me for any other consumer personal cards. I've been trying for quite some time. Haven't bit the bullet on the business cards yet.
macrophage is offline  
Old Dec 29, 15, 10:02 pm
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Join Date: Feb 2015
Posts: 45
How soon should you close account after signup rewards are posted and how soon can you product change into another card before af hits? Any preferences?
zackwz is offline  
Old Dec 30, 15, 9:07 am
  #8  
 
Join Date: May 2012
Posts: 728
Originally Posted by sedubby View Post
I think I actually ran out of "good" credit cards I can apply to, at least given the stricter churn limits from Chase/Amex/Citi. I've applied and received every good, notable reward card on the market (Have been doing this for ~3 years out of grad school). Some already 2x times.

Basically at the point where I'll need to wait X months until I can reapply for certain cards with 18/24 month churn limits.

Anyone else? What to do now?
citigold checking account, citi elite loophole, business cards are possible options. I am in the same condition. Another long shot option (if not married or spouse doesn't want to play) is engaging a partner where you become an AU paying the bills that you incur and you find a way to split the rewards
g8trgr8t is offline  
Old Dec 30, 15, 10:51 am
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Join Date: Dec 2013
Posts: 15
This is a great idea and an excellent thread. Funny how I feel the exact same way as OP. In the past two years I have gotten the following:

2014:
AMEX Mercedes-Benz Platinum (still open)
Citi AAdvantage Executive x 4 (only one still open)
AMEX Hilton (still open)
AMEX SPG (still open)

2015:
Citi AAdvantage Platinum (closed)
AMEX PRG (still open, will close in Jan after airline credit posts)
Chase Ritz (lowered to $1500 limit, amazing deal)
Capital One Venture (closed)
Capital One Spark (still open)
Chase Marriott (still open)
AMEX SPG Business (still open, will close after two stays post in Jan)
Another Citi AAdvantage Executive (closed)
Citi Premier (closed)
Citi AT&T More (still open)
Barclays Arrival + (still open)
Citi AAdvantage Business (still open)
Wells Fargo Propel (still open)

I am waiting until March for the AMEX Gold Business (had an old business card that was closed in February) and also the AMEX Platinum Business but want that to have a six-figure MR incentive before I sign up. Still am eyeing Citi Prestige. Avoiding anything and everything Chase.

It is getting more and more difficult to find new cards and at least in the case of Wells Fargo, where there are no branches in my geography, getting a relationship to open accounts. I am self employed and pay estimated taxes so the signup benefits can be quite lucrative and are separate from my normal monthly spend. I am EXP on AA, so I really don't need to accumulate an arsenal of miles, although I don't object to more in the account.

I am canceling a bunch of cards today and will plan on an AOR 7/1/17. Any suggestions as to what next would be appreciated, but it seems like I am going to play the waiting game and hope new products are released after January 1st.
BUYSELL is offline  
Old Dec 30, 15, 11:11 am
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Join Date: Apr 2014
Posts: 68
Originally Posted by BUYSELL View Post
This is a great idea and an excellent thread. Funny how I feel the exact same way as OP. In the past two years I have gotten the following:

2014:
AMEX Mercedes-Benz Platinum (still open)
Citi AAdvantage Executive x 4 (only one still open)
AMEX Hilton (still open)
AMEX SPG (still open)

2015:
Citi AAdvantage Platinum (closed)
AMEX PRG (still open, will close in Jan after airline credit posts)
Chase Ritz (lowered to $1500 limit, amazing deal)
Capital One Venture (closed)
Capital One Spark (still open)
Chase Marriott (still open)
AMEX SPG Business (still open, will close after two stays post in Jan)
Another Citi AAdvantage Executive (closed)
Citi Premier (closed)
Citi AT&T More (still open)
Barclays Arrival + (still open)
Citi AAdvantage Business (still open)
Wells Fargo Propel (still open)

I am waiting until March for the AMEX Gold Business (had an old business card that was closed in February) and also the AMEX Platinum Business but want that to have a six-figure MR incentive before I sign up. Still am eyeing Citi Prestige. Avoiding anything and everything Chase.

It is getting more and more difficult to find new cards and at least in the case of Wells Fargo, where there are no branches in my geography, getting a relationship to open accounts. I am self employed and pay estimated taxes so the signup benefits can be quite lucrative and are separate from my normal monthly spend. I am EXP on AA, so I really don't need to accumulate an arsenal of miles, although I don't object to more in the account.

I am canceling a bunch of cards today and will plan on an AOR 7/1/17. Any suggestions as to what next would be appreciated, but it seems like I am going to play the waiting game and hope new products are released after January 1st.
Why avoid chase? They have some good cards. What's your decision on Chase Marriott and Ritz once annual fee comes due?

Yeah definitely Citi Prestige (get one with $350 annual fee) if you have less than 6 HP within 6 months. How about US bank cash plus, Discover it?
greatname is offline  
Old Dec 30, 15, 12:29 pm
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Join Date: May 2012
Posts: 728
and there are some reports of targeted Amex PRG offers that no longer contain the 1x per lifetime language. WIth Costco dropping amex and chase chewing into their business line I hope that amex drops the 1x per lifetime on more offers soon.
g8trgr8t is offline  
Old Dec 30, 15, 12:36 pm
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Join Date: Dec 2013
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Originally Posted by greatname View Post
Why avoid chase? They have some good cards. What's your decision on Chase Marriott and Ritz once annual fee comes due?

Yeah definitely Citi Prestige (get one with $350 annual fee) if you have less than 6 HP within 6 months. How about US bank cash plus, Discover it?
I will go for Prestige in the first few months of the new year. I am avoiding Chase because of the large amount of HPs in the past 24 months. And I see no benefit to renewing the Ritz or Marriott cards. I am linked into Gold Hilton and am Platinum SPG so those Chase cards were simply a play to free rooms. Worked well.

I am going to go on a hiatus and work through someone else and then come back to the game in six months or so.
BUYSELL is offline  

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