If you are carrying a large balance, the risk of AA still exists. The "hidden TL" cannot be seen by other creditor, but that doesn't leave you scot-free with the original lender. Prolonged high util signals risk, period, with any lender. Hidden TL or not.
I find the whole thing kind of overblown. If you are running up high balances enough that you want it to be hidden, you probably need to look at your budget and spending (outside of an emergency situation of course) and stop worrying about rewards, hidden TLs, etc. That's just my take on it 
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@kdm31091 wrote:If you are carrying a large balance, the risk of AA still exists. The "hidden TL" cannot be seen by other creditor, but that doesn't leave you scot-free with the original lender. Prolonged high util signals risk, period, with any lender. Hidden TL or not.
I find the whole thing kind of overblown. If you are running up high balances enough that you want it to be hidden, you probably need to look at your budget and spending (outside of an emergency situation of course) and stop worrying about rewards, hidden TLs, etc. That's just my take on it
You forgot to add... "to each their own"
AA happens to individiuals for a variety of reason regardless if the tradeline is non-reportable or not. Not sure where singling a non-reportable tradeline would make any difference but maybe you're jealous? 
If it doesn't work for you or is not the desirable lending product, then move along. Plenty of other lending products out there for everyone. Besides, no one knew whether the BMO/Diners Club (Elite or Premier) tradelines were going to be reportable or not during the first several months. But, in the end, it benefited a variety of individuals (as Ghoshida mentioned some good points above) and for others not so much who were expecting the tradeline to report.
But then again, you find just about everything that doesn't jive your way as "overblown". Let's cite examples: Amazon Visa, you followed the herd and then you closed it (i.e. APR and whatever other reasons). Same thing with Freedom. Going through the Capital EO to obtain an upgrade on your Capital One card. Blasting other overblown characteristics for the US Bank Cash+ (yet it's in your signature). Obtaining CLIs for no reason, yet you requested on your BJs card knowing full well you didn't neet it. So, is it always overblown? Or, to each their own? Not everything is black and white, sorry.
@Anonymous line, if someone wants to carry balances on their BMO/Diner's Club @ 13.15%, that's their issue. It's their credit profile and if they risk AA in doing so, so be it. It's no different for individuals who abused the card initially and you read what happened with those accounts. At some point or another, appropriate measures are taken. And, I'm assuming we're all adults here plus the sense of responsibilty is upon that individual. By the same token, for those individuals who have a JPM Select or Palladium, if the CL is $50K or $100K (and can charge over 3x that amount) so what? that's what it was intended for. I can guarantee that most individuals with those 2 specific products wouldn't be carrying a balance since the APR is not a desirable financing option and this isn't your ordinary BT or 0% intro CC but they didn't sit down with a CPC banker to apply for a card that could "hide" their financial way of life via a CC.
@FinStar wrote:
@kdm31091 wrote:If you are carrying a large balance, the risk of AA still exists. The "hidden TL" cannot be seen by other creditor, but that doesn't leave you scot-free with the original lender. Prolonged high util signals risk, period, with any lender. Hidden TL or not.
I find the whole thing kind of overblown. If you are running up high balances enough that you want it to be hidden, you probably need to look at your budget and spending (outside of an emergency situation of course) and stop worrying about rewards, hidden TLs, etc. That's just my take on it
You forgot to add... "to each their own"
AA happens to individiuals for a variety of reason regardless if the tradeline is non-reportable or not. Not sure where singling a non-reportable tradeline would make any difference but maybe you're jealous?
If it doesn't work for you or is not the desirable lending product, then move along. Plenty of other lending products out there for everyone. Besides, no one knew whether the BMO/Diners Club (Elite or Premier) tradelines were going to be reportable or not during the first several months. But, in the end, it benefited a variety of individuals (as Ghoshida mentioned some good points above) and for others not so much who were expecting the tradeline to report.
But then again, you find just about everything that doesn't jive your way as "overblown". Let's cite examples: Amazon Visa, you followed the herd and then you closed it (i.e. APR and whatever other reasons). Same thing with Freedom. Going through the Capital EO to obtain an upgrade on your Capital One card. Blasting other overblown characteristics for the US Bank Cash+ (yet it's in your signature). Obtaining CLIs for no reason, yet you requested on your BJs card knowing full well you didn't neet it. So, is it always overblown? Or, to each their own?
@Anonymous line, if someone wants to carry balances on their BMO/Diner's Club @ 13.15%, that's their issue. It's their credit profile and if they risk AA in doing so, so be it. It's no different for individuals who abused the card initially and you read what happened with those accounts. At some point or another, appropriate measures are taken. And, I'm assuming we're all adults here plus the sense of responsibilty is upon that individual. By the same token, for those individuals who have a JPM Select or Palladium, if the CL is $50K or $100K (and can charge over 3x that amount) so what? that's what it was intended for. I can guarantee that most individuals with those 2 specific products wouldn't be carrying a balance since the APR is not a desirable financing option and this isn't your ordinary BT or 0% intro CC but they didn't sit down with a CPC banker to apply for a card that could "hide" their financial way of life via a CC.
I'm certainly not jealous, as if I wanted to, I'd apply for a hidden TL card.
Most people who don't agree with something have a reason. They think it's overhyped, or it just doesn't suit them, etc. So yes, if I disagree with something, I may state its overblown. You may feel it's not. At the end of the day, who cares? State your opinion and move on.
If there's one thing I have learned over time though, it's that I will no longer waste time getting into debates about my posts and who doesn't like/agree with them. Not worth it. I could mention how I'm not sure how you qualify for several 50k-100k credit limits unless you are wealthy, in which case why care about rewards, but I don't because it's your business and I don't really care. But if you don't like my posts, press ignore and have a good day! We don't need to turn every comment I make into a debate about the merit of my posts, like some users like to do.
@kdm31091 wrote:
@FinStar wrote:
@kdm31091 wrote:If you are carrying a large balance, the risk of AA still exists. The "hidden TL" cannot be seen by other creditor, but that doesn't leave you scot-free with the original lender. Prolonged high util signals risk, period, with any lender. Hidden TL or not.
I find the whole thing kind of overblown. If you are running up high balances enough that you want it to be hidden, you probably need to look at your budget and spending (outside of an emergency situation of course) and stop worrying about rewards, hidden TLs, etc. That's just my take on it
You forgot to add... "to each their own"
AA happens to individiuals for a variety of reason regardless if the tradeline is non-reportable or not. Not sure where singling a non-reportable tradeline would make any difference but maybe you're jealous?
If it doesn't work for you or is not the desirable lending product, then move along. Plenty of other lending products out there for everyone. Besides, no one knew whether the BMO/Diners Club (Elite or Premier) tradelines were going to be reportable or not during the first several months. But, in the end, it benefited a variety of individuals (as Ghoshida mentioned some good points above) and for others not so much who were expecting the tradeline to report.
But then again, you find just about everything that doesn't jive your way as "overblown". Let's cite examples: Amazon Visa, you followed the herd and then you closed it (i.e. APR and whatever other reasons). Same thing with Freedom. Going through the Capital EO to obtain an upgrade on your Capital One card. Blasting other overblown characteristics for the US Bank Cash+ (yet it's in your signature). Obtaining CLIs for no reason, yet you requested on your BJs card knowing full well you didn't neet it. So, is it always overblown? Or, to each their own?
@Anonymous line, if someone wants to carry balances on their BMO/Diner's Club @ 13.15%, that's their issue. It's their credit profile and if they risk AA in doing so, so be it. It's no different for individuals who abused the card initially and you read what happened with those accounts. At some point or another, appropriate measures are taken. And, I'm assuming we're all adults here plus the sense of responsibilty is upon that individual. By the same token, for those individuals who have a JPM Select or Palladium, if the CL is $50K or $100K (and can charge over 3x that amount) so what? that's what it was intended for. I can guarantee that most individuals with those 2 specific products wouldn't be carrying a balance since the APR is not a desirable financing option and this isn't your ordinary BT or 0% intro CC but they didn't sit down with a CPC banker to apply for a card that could "hide" their financial way of life via a CC.
I'm certainly not jealous, as if I wanted to, I'd apply for a hidden TL card.
Most people who don't agree with something have a reason. They think it's overhyped, or it just doesn't suit them, etc. So yes, if I disagree with something, I may state its overblown. You may feel it's not. At the end of the day, who cares? State your opinion and move on.
If there's one thing I have learned over time though, it's that I will no longer waste time getting into debates about my posts and who doesn't like/agree with them. Not worth it. I could mention how I'm not sure how you qualify for several 50k-100k credit limits unless you are wealthy, in which case why care about rewards, but I don't because it's your business and I don't really care. But if you don't like my posts, press ignore and have a good day! We don't need to turn every comment I make into a debate about the merit of my posts, like some users like to do.
Re highlighted. I assure you that plently of wealthy people care about rewards, especially travel rewards. Even wealthy people like upgrades, perks, and free anything
