All card issuers have different ways that they deal with people trying to game the system. Obviously card issuers want to encourage profitable behavior, so they do what they can to create policies that maximize the odds of that.
Continue reading: Bank Of America Adds New 24 Month Credit Card Rule
Share your questions, experiences, and thoughts below.
I think from what I hear that this in fact is the beginning of diminished offerings. As a former investment banker/banker it's about time these programs are not cost effective and adds to the ultimate rate we users pay.
Remember the old EF Hutton ad "we do it the old fashion way we earn it"
Lucky, the link to your Citi post says that you won´t get a sign up bonus if you have/had a card in the same family in the last 24 months, not that you won´t be approved for them.
You can´t apply for the Citi Prestige if you got the Citi Premier in the last 24 months or you can apply but won´t receive the sign up bonuses?
Well, AS miles are going to be pretty useless in 2019 anyways after the CX fiasco.
Theres a huge Alitalia Bizclass Error Fare at the moment. BCN/MAD to JFK/LAX, 450EUR.
ghostrider5408 - which element do you think this is really related to:
1. Merchant fees going down.
2. Annual CC fees going down.
3. Shareholder returns going up.
Hmm.
What does it mean you can get a second card from them? Like a second card of the exact same card you already have and get a bonus for the second one?
@RC. Correct, the same person could have multiple AK personal cards. Did it by mistake the first time but when I called to correct the mistake I realized they didn’t care. In addition to an extra sign up bonus the second card gets you an addditional low cost companion fare.
So this is only referring to new card holders right? I've had my BoA for 2 years come this June now, and I've been given no notice of policy change.
Thank you kindly for sharing this. I can still obtain my Alaskan Airlines Business Visa. I have completely cut ties with Citi after them not awarding the 70K business miles for $4K in purchases in 4 months. I forgot about a "Citi" business card I stopped a long time ago and I can't find my date of closure. My total was near $5K.
No one from Citi told me this prior to spending the $4K plus. It was only afterwards that they notified me of the issue. I have been with them for over 25 years religiously using their cards. I was told I should have read the fine print. Who thoroughly digests this information?
Converting entirely to Barclays, Alaskan Airlines and Chase. I have spent over 1 million dollars with them in the 25 plus years and I considered this a slap in the face! Thanks for your post!
Mike Hinshaw
NomadicTexan
How can you call this 'gaming' the system when we were playing by the rules? I think this sucks.