Category Archives: Denial & Reconsideration

Daraius’ March 2013 App-O-Rama – 6 Cards. 265,000 Miles & Points

[Emily and I get a referral for links to the Chase Ink Plus & Credit Sesame.  We do not get a commission for links to the US Air, Mercedes-Benz Platinum, and the Citi American Airlines cards because of the mother-in-law rule. We thank all readers who apply using our links!]

Warning:  If you’re new to miles and points, you should NOT apply for more than 1 or 2 cards at time.  Much better to start small, gauge the impact for yourself and then work your way up to more.  Also read The 5 Dangers of Credit Cards before applying for a credit card!

Emily and I set travel goals and we then collect miles and points to get to those goals. Our goals are quite simple.  We want to have enough miles and points to travel within the US in coach to visit friends, to go to Michigan or Ohio to visit family and to have weekend getaways.

We also want to travel internationally 2 to 3 times a year – ideally in business or first class, but we’ll choose a flight in coach if it means less connections and more time on the ground (like we did when we visited Brazil during Carnival).

We also need hotel points since we have to stay somewhere. We don’t really care which airline we fly or hotel we stay in as long as we can save money while traveling.

daraius’ March cards

Credit Card
Sign-on Bonus
Minimum Spending Required
Annual Fee
Total265,000 Miles$7,000 in 3 months + $3,250 in 4 months$494 Waived for 1st year + $475 Not Waived for 1st year
Chase Ink Plus50,000 Bonus Points$5,000 in 3 months$95 Waived For 1st Year
American Express Mercedes Benz Platinum50,000 Bonus Points$1,000 in 3 months$475 Not Waived For 1st Year
American Express Premier Rewards Gold50,000 Bonus Points$1,000 in 3 months$175 Waived For 1st Year
Citi American Airlines Visa50,000 Miles$2,500 in 4 months$85 Waived For 1st Year
Citi American Airlines MasterCard30,000 Miles$750 in 4 months$50 Waived For 1st Year
Barlcays US Air35,000 MilesAfter First Purchase$89 Waived For 1st Year

The minimum spending requirements may seem high, but you can meet the minimum spending requirements quite easily these days! Continue reading

Why I Called the Chase Business Reconsideration Department

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I recently applied for the Southwest business card to get the Southwest Companion Pass and got approved after calling the reconsideration line.  Earning the Companion Pass in 2013 means that Emily can fly for free, up to the end of 2014, on every Southwest ticket I book using either miles or points!

The 50,000 point Chase Ink Plus, Chase Ink Bold, and the Chase Southwest card are among the best business cards by Chase, so I thought I’d post my experience with the Chase business reconsideration line (800-453-9719).  The Chase reconsideration line is closed on Sundays.

The credit line for business cards does not show in my personal credit report and impact my credit utilization or credit aging, so it doesn’t impact my personal credit score in the long term.  However, the credit inquiry does show in my  personal credit report, but the effect drops off after 3 to 6 months (though it does stay on my credit report for 2 years). Continue reading

When to Call The Credit Card Reconsideration Department?

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If you apply for credit cards regularly, at some point your application will get denied.  This is most likely because of too many recent credit inquires on your credit report.

But Million Mile Secrets readers know that calling the bank’s reconsideration department and making your case will usually help get you approved!  For more information on how to convince the banks to approve you for a credit card and which telephone numbers to call, check out my earlier post on how to make your credit card reconciliation telephone call a success, which has 278 comments so far.

It almost always makes sense to call the credit card reconsideration department.  That’s because you’ve already got the credit inquiry recorded on your credit profile, so you might as well try to get approved for the credit card and get the sign-on bonus.

When to Call?

But readers often ask when is the best time to call the reconsideration line?  Is it as soon as you apply?  Or is it when you receive the denial letter via email or by US mail?  Perhaps it is best to call a few days after applying? Continue reading

Daraius’ March/April 2012 App-O-Rama – 7 Cards. 300,000 Miles & Points + 2 Free Hyatt Nights [Expired]

 [Emily and I get a referral for links to the Chase Ink Bold, the Chase Sapphire Preferred and Credit Sesame in this post.  We're very grateful to all readers who apply using our links. 

My referral links are not the best offers for the Citi Thank You Premier and the Chase Hyatt so I've not included them in this post, but have included better offers for those cards.]

I applied for 6 credit cards in March and 1 credit card in April in my 1st App-O-Rama of the year.  Last year, I earned over 1 million miles and points, but I don’t expect to do that again this year.

I eventually got approved for all the cards except for a 2nd Barclay’s US Air card.  In case you’re wondering, I have a 12+ year credit history and a credit score above 700.

Daraius March App o Rama

Daraius’ March/April 2012 App-O-Rama

Continue reading

I got rejected for a second US Air credit card

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A few weeks ago, I wrote that Emily was able to get a second US Air credit card as part of her February App-O-Rama.

Well, I wasn’t so lucky. Continue reading

Emily’s February 2012 App-O-Rama – 6 Cards. 350,000 Miles & Points. [Expired]

 [Emily and I get a referral for links to the Chase Ink Bold and Credit Sesame in this post.  We're very grateful to all readers who apply using our links.]

Emily applied for 6 credit cards (only the Chase Ink Bold pays me a referral) in February.  So far, she’s been approved for 4 cards for 240,000 miles and points.  In case you’re wondering, Emily has a 6 year credit history.

Emily's February App-O-Rama

Emily’s new cards on the left, and two old US Air & Virgin Atlantic cards on the right

She also got approved for the US Air MasterCard and Bank of America Virgin Atlantic card for a second time as you can see in the picture, though as always, your experience may be different. Continue reading

1 Million in 1 Year: How I Earned 1 Million Miles & Points From Credit Card Bonuses in 2011

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 [I currently earn a referral for only 2 out of the 16 cards mentioned in this post - The American Express SPG card and the Citi Thank You Premier card which  Emily and I both applied for.  As always, we are very grateful to the readers who apply for those cards using the links on the blog!]

When CNN Travel interviewed me in November 2011, I had earned only~900,000 miles and points for the year.

But I ended 2011 with over 1 million miles and points from credit card sign-up bonuses, and my credit score is still above 730.

That’s worth $10,241 if you assume a very conservative value of 1.5 cents per SPG point,  1 cent per airline mile, & 0.6 cents per Hilton and Priority Club hotel point.

Credit Card Churn

Daraius & Emily at the Holiday Inn Phi Phi, Thailand

Much more importantly, Emily and I have had terrific memories thanks to miles and points such as traveling to India in First Class, having a weekend proposal in London, visiting Brazil during Carnival, surprise birthday getaways, flying to see our families more often, and taking our parents on trips they otherwise wouldn’t have gone on. Continue reading

320,000 Miles & Points. 5 Cards. Daraius’ November 2011 App-o-Rama.

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As I’ve written before, Emily and I don’t have any big loans in the next 2 years (equity, house, student, etc.) so we regularly apply for credit cards to earn millions of miles and points.

We then use these miles and points to have lots of Big Travel with Small Money!

Churn Analysis November 2011

5 Credit Cards. 320,000 Miles & Points.

Continue reading

“No” is not acceptable

 

One of the best things about blogging is getting lots of emails from readers sharing their successes!

Richard writes in to remind us that an initial rejection of your credit card application may be converted into an approval. Continue reading

Warning: Don’t apply for too many Chase credit cards

 

I had my toughest call with the Chase credit card reconsideration department a few weeks ago, and I’ve decided to be very selective with my Chase credit card applications. Continue reading