- Centurion Member
- Posts: 3929
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
Good to hear. It's a card you'll probably find useful for a long time.
Some things to be aware of, based on my experience and that of others:
1. Chase rarely does auto-CLIs with the frequency that other issuers do. You'd probably get one every few years, of course, but a lot of people on here expect them every few months. Spending a lot of money on a low-limit Chase card, then paying in full, doesn't appear to help. Having other cards with higher limits, and then opening a new Chase card or requesting a CLI, seems to be more effective.
2. If you get a $100 or $200 bonus for opening the account and spending $500, and you can be patient, that money can be a lot more valuable later on if you get other Chase cards. I wasn't patient (and I didn't understand the full UR system), I have to admit.
I'm certainly not saying you should absolutely get the CSP or Ink Plus. They have annual fees, big spending requirements to get the bonus, and somewhat complicated rules. You might not even be eligible, credit-wise, for several months to a year. I'm just saying you should do some research into those cards and what they can do before you rush to take the Freedom signup bonus in the form of pure cash, as I did.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May