I believe #2 created a number of shutdowns, but not sure why it would have been so delayed. You would think their system would have caught it if that was the reason

He’ll get a letter from them stating the reason. It won’t be detailed, of course, just something generic like “rewards abuse.”

The banks which are also in the bussiness of providing mortgage for home etc, such as Chase, I wonder when they shut you down, whether they will decline you mortage or not? any DP?

The answer is yes, at least for Chase.
There have been DPs for decline on debt related items such as mortgages, although if you owe them money, they will keep those accounts open. If it is on a credit card account, one will not be able to add charges, but only pay off the amount due.

Anyone have any DPs on getting back in with Amex after an account shutdown?

Citi just shut down all my credit card accounts with them.
 

I had a Costco card for years and used it normally. Earlier this year I got a AA miles-up card, and spend about 30k on it. I did VISA gift cards in HT for $1000 each time.

That's rude
while gaming the banks, if they all shut down one by one, that could be a problem especially the ones they provide you no fee ever CC such as Citi, Discover, Chase, Amex, wells. All the other ones wouldnt matter anyway. Any DP on this?

The strategy here could be keep the game ON till the last one left assuming they are not going to shut down all in the same month.

If I was doing 300k, I can accept the closure. But it was only 30k!!! Citi sucks

Not sure if I should be scared or not...Doing about 10k/mo on Citi purely with SMVGCs... Also churning the card every 48 months for SUB.

But I have multiple other Citi cards that I would not want to lose, so may scale back

I suspect that it's the other card's business you are doing with Citi that is giving your naughtiness a pass on the one card you are dong MSing on.

However, you never known when you either cross the line or the line changes. If you canot afford to lose the other accounts, you may want to rethink your game ;)

Probably - it's a card I've had for more than 20 years and put at least $50k/year on it.

I really do like getting the 120k annually in AA points for so little though, plus the 60-70k every 4 years...

Chase Datapoints Regarding Maxed Cards
 

I have 4 Inks, 3 of which are completely maxed (to take advantage of the 0%).
The first 3 Inks had a mix of GC but also organic. They only gave me 4-5k limits.

The most recent Ink I was given a $14k limit and I plan to max the whole thing and let it sit for a year. Is this risky?

You have 3 credit cards maxed out with a credit limit of $5K per card or $15K of debt.
I presume that with the 0% deal you got, you are required to make some small payment each month to keep the account current.
The way banks structure deals such as the one you describe is that they charge you the interest on the balance due, minus the small payment you make each month. At the termination of the contract, you make a balloon payment of the outstanding prinicpal and the outstanding interest is forgiven.

The danger is missing a payment. That makes the debt due immediately as well as the accumulating interest. Be careful of that!!

Very easy as long as you don't miss a payment each month, no matter how small, and secondly, that you make the balloon payment in full at the end of the contract.

As long as you have assets to insure payment at the termination of the deal, I doubt that Chase gives a hoot how you spend the money. Since you have maxed out your credit line, they aren't giving you any more money, until you pay down some of it. It may even improve your credit score as long as you make your payments.

But I honestly doubt Chase would shut you down.






With business cards you may use your full credit line. Doing the same with personal cards would be risky though, and may negatively affect your credit score.

Any DPs on people getting shut down for point combine? E.g. P2 and P3 both combine point into P1?