cancel
Showing results for 
Search instead for 
Did you mean: 

Gift Card usage for rewards and CLI thread

tag
slund5499
Established Contributor

Gift Card usage for rewards and CLI thread

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?

 

I am sure many people can point me in hte right direction to incorporate gift card usage to increase spend and rack up rewards.

 

Please advise.

In the garden since 02/1/23. Newest Account AU Discover It 10K
02/23 Scores; EQ 608 TU 642 EX 575 CCU: 20%, Inq. 2, 1, 2 Collections $39K
Lending Club: newest account 2/3/23. Old Fico 1/17 EQ 530 TU 542 EX 512

Message 1 of 8
7 REPLIES 7
Anonymous
Not applicable

Re: Gift Card usage for rewards and CLI thread


@slund5499 wrote:

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?

 

I am sure many people can point me in hte right direction to incorporate gift card usage to increase spend and rack up rewards.

 

Please advise.


What I can do is to direct you to other websites because that is not allowed to be discussed on these forums.  Try FlyerTalk

Message 2 of 8
slund5499
Established Contributor

Re: Gift Card usage for rewards and CLI thread

Thanks

 

In the garden since 02/1/23. Newest Account AU Discover It 10K
02/23 Scores; EQ 608 TU 642 EX 575 CCU: 20%, Inq. 2, 1, 2 Collections $39K
Lending Club: newest account 2/3/23. Old Fico 1/17 EQ 530 TU 542 EX 512

Message 3 of 8
Anonymous
Not applicable

Re: Gift Card usage for rewards and CLI thread


@Anonymous wrote:

@slund5499 wrote:

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?

 

I am sure many people can point me in hte right direction to incorporate gift card usage to increase spend and rack up rewards.

 

Please advise.


What I can do is to direct you to other websites because that is not allowed to be discussed on these forums.  Try FlyerTalk


And I would add that no-one does this to "improve usage and secure higher credit lines"

Message 4 of 8
Anonymous
Not applicable

Re: Gift Card usage for rewards and CLI thread


@Anonymous wrote:

@Anonymous wrote:

@slund5499 wrote:

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?

 

I am sure many people can point me in hte right direction to incorporate gift card usage to increase spend and rack up rewards.

 

Please advise.


What I can do is to direct you to other websites because that is not allowed to be discussed on these forums.  Try FlyerTalk


And I would add that no-one does this to "improve usage and secure higher credit lines"


+1

 

Only advocacy is disallowed as far as manufactured spending goes. What it is and why people do it (ie, vague) is okay however. Smiley Wink

Message 5 of 8
Anonymous
Not applicable

Re: Gift Card usage for rewards and CLI thread


@Anonymous wrote:

@Anonymous wrote:

@slund5499 wrote:

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?

 

I am sure many people can point me in hte right direction to incorporate gift card usage to increase spend and rack up rewards.

 

Please advise.


What I can do is to direct you to other websites because that is not allowed to be discussed on these forums.  Try FlyerTalk


And I would add that no-one does this to "improve usage and secure higher credit lines"


I did this to "improve usage and secure higher credit lines".

After getting citi DC, my cap1 QS was hardly used, but I pushed the limit and successfully got a CLI for the QS. Now waiting for 6 mo to do it again.

Message 6 of 8
Anonymous
Not applicable

Re: Gift Card usage for rewards and CLI thread


@Anonymous wrote:

@Anonymous wrote:

@Anonymous wrote:

@slund5499 wrote:

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?

 

I am sure many people can point me in hte right direction to incorporate gift card usage to increase spend and rack up rewards.

 

Please advise.


What I can do is to direct you to other websites because that is not allowed to be discussed on these forums.  Try FlyerTalk


And I would add that no-one does this to "improve usage and secure higher credit lines"


I did this to "improve usage and secure higher credit lines".

After getting citi DC, my cap1 QS was hardly used, but I pushed the limit and successfully got a CLI for the QS. Now waiting for 6 mo to do it again.


OK, I will change that to "No-one prudent does this in significant volume PURELY to......"

 

Basically, there is enough risk (leading to card shutdown) that for many the "gain" from getting a CLI (which I actually give 0 value to) is far outweighed by the downside.   Doing it for the rewards, yes, of course.

Message 7 of 8
takeshi74
Senior Contributor

Re: Gift Card usage for rewards and CLI thread


@slund5499 wrote:

Is there any thread on this forum that would explain how to use current credit card limits to obtain gift cards to manufacture high monthly spending on open accounts to improve usage and secure higher credit lines?


Don't rely on usage.  If you want better CL's then you need to work on your credit and income as those are used to determine what you qualify for.

Message 8 of 8
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.