More Points: Another Card Churn!

I was originally denied a card because of "too many accounts" with Chase. I knew this was incorrect as I closed 2 accounts a month ago. I was going to forget it and move on but then I read a post on another blog about calling their credit department for reconsideration. I had a few minutes and nothing to lose so I called.

I was surprised how easy it was. Less than 10 minutes on the phone and I was approved. My card will be here in roughly in a week. This time I will get 50,000 points when I spend $3,000 in 3 months. These points, which are Chase Ultimate Rewards, can be used for a variety of things but also transferred to some miles programs. One of those happens to be Continental/United and so far that is my plan for the points.

If this pace keeps up for points earning I will have lots of inexpensive travel for the next year at least. I have to be careful now not to overdo it. I don't want to get flagged by Chase or any other bank for getting to greedy. I think at this point I will back off for 6 months or so to let things settle out. That may change of some really huge bonus offer comes up. We'll see!