Credit Card Ceilings

AIRTRAN A+ REWARDS CREDIT CARD

I got offer in email for Airtran credit card today (2 round trip flights, 2 business class upgrades, no fee for first year) that expires Oct 4th. I had to jump on it! I had been using Ultimate Reward points to transfer to Southwest for free domestic travel. But UR points are more flexible than that – I can transfer them to British Airways for travel outside the US, or to many other points programs.

To the best of my knowledge, Southwest/Airtran points are really only good for US and Caribbean travel. So rather than use up my remaining 35k UR points in the event we want to fly within the US, the Airtran credits are a great alternative for domestic travel. [To be fair, the credits have more hurdles for redemption than regular points, but we live within a 2-4 hour drive of 3 Southwest/Airtran airports and figured we could handle it. When we used Southwest credits -not points- for travel to Florida, we flew out of an airport 4 hours away, and tacked on a visit to the in-laws, who live an hour from that airport.]

So once I applied, I got the message that further consideration was needed before I could be approved. I called the reconsideration line right away (1-888-609-7805) and immediately was able to speak to someone. I explained to her that I had applied for a card yesterday, before I got the email for the Airtran limited time offer. I asked what I could do to help secure the approval for the new card. Here’s what happened.

I hit the Chase “card ceiling”. The representative told me that Chase doesn’t normally approve you for more than 4 or 5 personal credit cards. I already had 5 older cards, along with one new one from yesterday that put me at 6. I offered to close one of my other cards to stay within their limit.
– 4 existing accounts (Slate, Southwest, Sapphire, British Airways – I did have 5 but offered to close the Freedom card)
– 1 approval yesterday (Intercontinental Hotel Group)
– 1 new approval today (Airtran)

I also had to reduce outstanding credit amount. Without getting into too much detail about my credit limits, lets just summarize that they wanted me to reduce my total available credit by $9k – which is the sum of reducing credit on other cards plus the new credit from the Airtran card.
– closed card freed up some credit
– also volunteered to give up credit on another card (Southwest)

While I had read on some other travel/points blogs that the Chase card ceiling was a normal occurance, I had never personally run into this before. Luckily the rep on the phone was pleasant and helpful and I was able to get approved for the Airtran card less than a day after the IHG card.

Now the only drawback is that I really can’t do any more Chase applications for a while. I’ve had three new cards in just over three months. I need to look into other opportunities.. in fact my next card should be a Mastercard or American Express – all of my other cards are VISA. We’ll see what opportunities arise in the next several months!

Advertisements


Categories: Credit Cards

Tags: , , ,

Let me know what you think!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Steve McCurry's Blog

Steve's body of work spans conflicts, vanishing cultures, ancient traditions and contemporary culture alike - yet always retains the human element. www.stevemccurry.com

Sour Mango

My life in photos and other ramblings

A European Summer

A fine WordPress.com site

lifelyricsandpics

Putting my creative self to work through pictures

Thirdeyemom

Traveling the world and doing good

nicole marie richardson

100 COUNTRIES. 1 LIFETIME. LET'S TRAVEL!

Ming Thein | Photographer

reframing the world one picture at a time

Liberated Traveler

Here to educate, motivate, and liberate.

Travel Geek Mag

Global. Culture. Captured.

(pre) concept - break your journey

On travel and Photography

The World is a Windmill

Travel, science, cooking, culture... well, just anything that makes our ever-changing planet beautiful!

KennethJustice.com

The Periphrastic Mind Of A Liberal Arts Major

A True Tall Tale

The Adventures of a Searching Soul

Gasm Travels

A Photographic Journey

ArchangelTravel

This WordPress.com site is the bee's knees

Heather has a travel obsession.

Just a dorky California lady who dreams of world travel.

George On The Go

A 20 something girl circumnavigating the globe, and teaching languages to all those in her wake.

Travel With Jodi

One Girl, One World, One Big Adventure!

The Art of Bosartis

Computer Art & Me

Victor Travel Blog

An illustrated travel magazine by Victor Tribunsky.

Food 4 The Soul 93

Live, love, laugh, grow...

Fabulous 50's

If you'd like to travel with me, google "Travel Spirit Meetup"

Your Future, Your World

The best way to predict your future is to create it

restlessjo

Roaming, at home and abroad

wishstory

What is CLIPZINE?

Qeysarya

BY ARTISTRY ALLURE

A Tale or Two to Tell......

A great WordPress.com site

the travelling travelator

journeys from middle england

%d bloggers like this: