LogFAQs > #893526329

I'm a semi-credit-card-churner, and I applied for a Barclay's card. They denied me, and I was shocked. Of the 30+ credit cards I have, I was never denied. I called them and asked why. They said I have too much credit, and too little balance on them. I asked why is that a bad thing, and they explained that the system believed that I would just use the card for the bonuses, and not use it as a everyday card, hence the denial.

I asked them to reconsider (because at this point, my credit got hit already), and they asked me for some more details on my finance, then approved me for a $16k line of credit.

.........these banks are catching on to us, credit-card-churners. I might have to start closing some of these dead accounts.