I Wasn’t Expecting That Auto-Approval!

I just applied for the Ink Business Unlimited Credit Card.

Issuing Banks Rules for Approvals and New Bonuses

This is a living post, continuously updated over time as the miles and points hobby evolves. They change the rules and we have to stay on top of them.
Today I've updated the section about Citi cards to reflect the new sign up bonus eligibility timelines for their AAdvantage co-branded credit cards. If I've left something important out please feel free to let me know in the comments.

Why I Lowered the Credit Limit on my Chase Card

I just got off the phone with Chase card services. I called to lower the credit limit on my United Explorer Business Card. I am gearing up to apply for another Chase credit card, and this is a step to prepare for my next application.

If you keep up with the blog, you'll remember I'm in the midst of a plan to rake in as many Chase bonuses as I can before they decide they've had enough of me.

How to Check Your Chase 5/24 Count

A couple days ago I wrote a post clarifying the Chase 5/24 rule and it's relationship to small business credit cards. A reader asked the following question in the comments:

"How do I figure out if I can apply for the United Explore Card under the 5/24 rule. I didn’t keep track of when I applied for the various cards I have.

Why I Credit Card Fasted

There are numerous ways to accrue travel rewards fast, and many people will fall into more than one of these categories.

Daddy Warbucks Type A: You buy expensive flights and book expensive hotel rooms which earn exponentially more travel rewards than booking cheap flights and accommodation.
Daddy Warbucks Type B: You spend tons on credit cards organically, whether that be personal use, through your business, or both.
Manufactured Spender: You figure out ways to increase your spending for a fee that doesn't outweigh the value of the rewards you're earning.
Road Warrior: You travel for business, get to charge paid

Has 5/24 Been Extended to all Chase Cards?

It looks as though the Chase 5/24 rule has spread its umbrella to maximum reach. For a while now there were a handful of Chase cards that you could still get approved for despite having opened more than five credit cards in the last 24 months. These were the...

World of Hyatt Visa
British Airways Visa Signature Card
Iberia Visa Signature Card
IHG Rewards Club Premier Credit Card
Marriott Rewards Premier Plus Business Card

I didn't want to pull the trigger too early on this one... many bloggers already wrote about this news back in mid November.

The Five Chase Cards You Should Apply For: Combo #3

Once you’ve opened five credit cards from any bank in the last 24 months (not counting most business cards), Chase will likely deny you for all of their travel rewards credit cards.

The Five Chase Cards You Should Apply For: Combo #2

5/24 is a buzzword in the miles and points sphere.

Beautiful Places to Spend Bonus Points from the Hyatt Visa

The Chase Hyatt Card's bonus of 40,000 Hyatt points can be stretched pretty far if you spend them on lower tier Hyatts. That's not to say slumming it is required--there are some fantastic, high-end, well located Category 1 and 2 Hyatts around the world.

If you're into Hyatt hotels and don't have this credit card, it seems like a no-brainer to open.