topic Re: CSP $400 bonus second time? in Credit Cards

CSP $400 bonus second time?

gr33nsuit — Tue, 11 Aug 2015 07:37:10 GMT

I got approved for CSP sometimes in july 2013 and cancelled the card before july 2014 to avoid the af. I was reading the offer term and it stated the followings. Should I reapply for the bonus again and will I get it? Thanks guys

40,000 Bonus Points after you spend $4,000 on purchases in the first 3 months from account opening
This new cardmember bonus offer is not available to either (i) current cardmembers of this consumer credit card, or (ii) previous cardmembers of this consumer credit card who received a new cardmember bonus for this consumer credit card within the last 24 months.

Re: CSP $400 bonus second time?

Skye12329 — Tue, 11 Aug 2015 07:54:33 GMT

As long as its been 24 mos since account closing it should be fair game from my understanding

Re: CSP $400 bonus second time?

noobody — Tue, 11 Aug 2015 08:05:11 GMT

24 month clock start at you got your last bonus is my interruption.
I have not try myself tho.

Re: CSP $400 bonus second time?

kdm31091 — Tue, 11 Aug 2015 11:19:59 GMT

@gr33nsuit wrote:
I got approved for CSP sometimes in july 2013 and cancelled the card before july 2014 to avoid the af. I was reading the offer term and it stated the followings. Should I reapply for the bonus again and will I get it? Thanks guys

40,000 Bonus Points after you spend $4,000 on purchases in the first 3 months from account opening
This new cardmember bonus offer is not available to either (i) current cardmembers of this consumer credit card, or (ii) previous cardmembers of this consumer credit card who received a new cardmember bonus for this consumer credit card within the last 24 months.

Wouldn't recommend it, really. You only closed it a year ago (to avoid the fee) and opening it again is going to make it obvious to Chase what you are trying to do. Not going to make you look good!

Re: CSP $400 bonus second time?

takeshi74 — Tue, 11 Aug 2015 12:07:20 GMT

@gr33nsuit wrote:
CSP $400 bonus second time?

It is possible to do better than $400 for 40K UR's.

@gr33nsuit wrote:
I got approved for CSP sometimes in july 2013 and cancelled the card before july 2014 to avoid the af. I was reading the offer term and it stated the followings. Should I reapply for the bonus again and will I get it?

You can answer this yourself with the information that you already have. What does July 2014 + 24 months equal?

Re: CSP $400 bonus second time?

yfan — Tue, 11 Aug 2015 12:24:21 GMT

Have you done this with other Chase cards? Banks are getting good at catching this type of behavior.

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 12:49:24 GMT

@takeshi74 wrote:
@gr33nsuit wrote:
CSP $400 bonus second time?
It is possible to do better than $400 for 40K UR's.

@gr33nsuit wrote:
I got approved for CSP sometimes in july 2013 and cancelled the card before july 2014 to avoid the af. I was reading the offer term and it stated the followings. Should I reapply for the bonus again and will I get it?
You can answer this yourself with the information that you already have. What does July 2014 + 24 months equal?

I dont think it is July + 24 months, it's 24 months from whenever the bonus was received (at least going by the quote). They don't want to give the bonus too often, when you last closed is less important in this case (for Citi it does matter).

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 12:50:52 GMT

@yfan wrote:
Have you done this with other Chase cards? Banks are getting good at catching this type of behavior.

Which is why they have the 24 month rule. OP might feel the potential bonus is worth the chance of being rejected.

Re: CSP $400 bonus second time?

DrZoidberg — Tue, 11 Aug 2015 13:16:25 GMT

It's not only declined. He could be blacklisted. But if a silly sign up bonus is worth it, then go for it.

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 13:24:53 GMT

@DrZoidberg wrote:
It's not only declined. He could be blacklisted. But if a silly sign up bonus is worth it, then go for it.

But how likely is that. Also, IMO using phrases like "silly sign up bonus" is in itself, well silly. For some at least, THE attraction of Chase cards is the sign up, so being blacklisted from that silly little issuer is fine.

Re: CSP $400 bonus second time?

kdm31091 — Tue, 11 Aug 2015 13:35:41 GMT

Right but theres a very clearly stated policy. If you have recieved the bonus within 24 months, which OP has, you wont get it again. He wouldnt have recieved it in July 2013, it would have been at the very least on the next statement. So it has been close but not quite 24 months.

I think what is meant by silly is that really, in the grand scheme, even 400 bucks is not that much money vs ruining your reputation with an issuer. Anyone who thinks they don't or cant track these things has their head in the sand. Now whether one cares or not what chase thinks is another story. But you're milking them for THEIR bonus money so you could respectfully decide not to churn their products. Its a personal choice as always though.

If OP does want the bonus again, they need to wait longer

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 13:54:40 GMT

@DrZoidberg wrote:
It's not only declined. He could be blacklisted. But if a silly sign up bonus is worth it, then go for it.

Come on now. He's not going to be blacklisted for applying for the card again. Chase implemented the 24 month rule to set the limit where they feel comfortable in giving it out again. Let's not over state the issue here. And the bonus is not worth just $400. It's 40K points which is worth about twice that if used properly.

Re: CSP $400 bonus second time?

DrZoidberg — Tue, 11 Aug 2015 14:25:58 GMT

My apologies. I guess I'm not too worried about churning silly (yes, very small) sign up bonuses enough to make a thread about when is the minimum I can apply. And maybe not the first or 2nd churn but Chase tracks it and you're naive if you think you can't be blacklisted for it. There are a few churners on FlyerTalk that have been.

If you're hurting for points/ bonuses so much why not just MS?

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 14:31:28 GMT

@DrZoidberg wrote:
My apologies. I guess I'm not too worried about churning silly (yes, very small) sign up bonuses enough to make a thread about when is the minimum I can apply. And maybe not the first or 2nd churn but Chase tracks it and you're naive if you think you can't be blacklisted for it. There are a few churners on FlyerTalk that have been.

If you're hurting for points/ bonuses so much why not just MS?

I read FT as much as the next person. People aren't being closed out for applying for a 2nd CSP 2 years later.

Re: CSP $400 bonus second time?

DrZoidberg — Tue, 11 Aug 2015 14:36:35 GMT

@Anonymous wrote:
@DrZoidberg wrote:
My apologies. I guess I'm not too worried about churning silly (yes, very small) sign up bonuses enough to make a thread about when is the minimum I can apply. And maybe not the first or 2nd churn but Chase tracks it and you're naive if you think you can't be blacklisted for it. There are a few churners on FlyerTalk that have been.

If you're hurting for points/ bonuses so much why not just MS?
I read FT as much as the next person. People aren't being closed out for applying for a 2nd CSP 2 years later.

If you read FT as well as you read my post then I'm not surprised you don't see it. I said maybe not the first or 2nd churn.

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 14:39:40 GMT

@DrZoidberg wrote:
@Anonymous wrote:
@DrZoidberg wrote:
My apologies. I guess I'm not too worried about churning silly (yes, very small) sign up bonuses enough to make a thread about when is the minimum I can apply. And maybe not the first or 2nd churn but Chase tracks it and you're naive if you think you can't be blacklisted for it. There are a few churners on FlyerTalk that have been.

If you're hurting for points/ bonuses so much why not just MS?
I read FT as much as the next person. People aren't being closed out for applying for a 2nd CSP 2 years later.
If you read FT as well as you read my post then I'm not surprised you don't see it. I said maybe not the first or 2nd churn.

I read it and the OP is not doing multiples. He can apply for the 2nd CSP and have no problems.

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 14:39:41 GMT

I'm usually a rule follower, so if it says to wait 24 months, then I would wait 24 months. Especially if you really want the sign up bonus again. I would probably wait 26-28 months to ensure enough time has passed, but that's me. I tend to be conservative when it comes to credit. Good luck!!!

Re: CSP $400 bonus second time?

DrZoidberg — Tue, 11 Aug 2015 14:41:02 GMT

His profile says he's been gardening in 2014. He may not even be eligible if he's had 5 accounts in 2 years.

Re: CSP $400 bonus second time?

Anonymous — Tue, 11 Aug 2015 14:41:57 GMT

@DrZoidberg wrote:
His profile says he's been gardening in 2014. He may not even be eligible if he's had 5 accounts in 2 years.

That could very well be true

Re: CSP $400 bonus second time?

kdm31091 — Tue, 11 Aug 2015 14:43:02 GMT

Right the 5 account in 2 years thing must be considered also.

Its not really about being conservative or not here. Chase simply won't pay you the bonus if you got it in the last 24 months. Trying before then is a waste of time.