I have a below 5/24 plan. How’d that happen?
A combination of things. There was a rumor Discover It would remove Cashback Match after the 12th billing cycle – I held back on my 4th application (they didn’t change anything, btw). Bank of America added application rules for Alaska cards – I held back on my nth card.
And I can’t get most Amex cards because I’ve already earned the welcome offer, or Citi cards because of their 24-month “family of brands” rule. Plus, I got busy baby-making.
So when I checked Credit Karma, I had to blink again. For the first time in years, I’ll be below 5/24 as of July 19, 2019 – only 4 months away!
I mean yeah, there are non-Chase cards I’d looove to get (I’m drooling for the Amex Hilton Aspire). But heck, if I’m this close, I may as well keep trending. And you bet I’m running right for the Chase Ink Business Preferred – I hope that sweet 80,000-point bonus is still around!
More broadly, this might be the beginning of a long-needed credit card overhaul.