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Alliant no longer giving 3% on giftcards.com purchases and sent out letters to HHs

February 19, 2018February 16, 2018 Vinh  Credit Cards  alliant  2 Comments

Introduction The Alliant 3% card is a card most HHs (heavy hitters) use.  They’ve been cycling the card and running some pretty big numbers on the card.  Well, it seem as of 1/30, they aren’t giving 3% on giftcards.com purchases and to make matters worse, I heard they aren’t even giving 1% on it.  Straight […]

How to reallocate your new Discover Miles credit line

February 2, 2018January 25, 2018 Vinh  Credit Cards  Discover  3 Comments

Introduction It’s tribal knowledge that Discover gives out a very low credit line, especially on the Discover Miles card.  I’ve tried numerous times in the past to move credit from my IT card to the Miles card and have gotten rejected.  The only time I’ve heard of it working was if you got a pending […]

Reader – Capital One shut down my account for MS

January 25, 2018January 23, 2018 Vinh  Credit Cards  capital one, Credit Cards  10 Comments

Introduction A reader sent me this email and let me share it with you guys.  By the way, kudos to the reader for answering every question I would have asked him: Just got shutdown today by Cap1 on my Venture card. Had the card since 2011, but did not really do any MS until 2017. […]

Reader – Chase shut down my accounts but I was able to re-open

January 12, 2018January 11, 2018 Vinh  Credit Cards  Chase, shutdown  16 Comments

Introduction Continuing on with Chase shutdown week, this reader was shut down earlier this week (seems like a mass audit happened lately with Chase.)  Anyway, it was actually the reader’s spouse that got shut down.  Initially, the reader thought it was due to sudden spend on one of their Chase cards, but ultimately, they called […]

Reader – Chase shut me down for opening too many Chase cards

January 11, 2018January 9, 2018 Vinh  Credit Cards  Chase, shutdown  5 Comments

Introduction Continuing on with this week’s series of Chase shutdowns, another reader got the axe in the past week.  This was on his wife’s account.  He wasn’t sure what it was since he didn’t have a ramp up in spend or high utilization.  The letter they sent him was the usual, “Too many new accounts” […]

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