- Oct 2, 2010
My wife has combined gift cards onto one (well, a few because I think there's a limit to how much or how many can be combined). But we've also paid at the window for APs with multiple Disney GCsCan you get WDW tickets with multiple disney gift cards? Site only has place for one. Maybe have to call? ...
I appreciate the thoughts! For me, I think I will apply for CIP2 from DW referral (at my 95 day mark). I don't really have any other Chase cards that I care about (2 CFs), so if I were to get banned from Chase, not a big deal.Drinking from the CIPpy cup...what could go wrong?
I've been pondering something today, and I feel it's worth sharing. I want to preface this by saying, I personally am ok with the risk of CIPpy and will continue to drink until the cup spills over.
That said, it's worth pointing out that Chase is not afraid to shutdown accounts if they feel abuse has taken place. Earlier this year, a loophole was shared on r/churning that you could generate support links to any Chase card by manipulating the link. This essentially unlocked a backdoor self-support method. Shortly thereafter, it was discovered that these support bonuses had to be posted manually by Chase and could draw unwanted attention to your account. We subsequently decided here, that we would not support this backdoor "self-support" method and we removed all mention of it.
After this occurred, Chase sent letters out to some of r/churning's support link "super users" (more like super receivers) who had used the ability to PC their card multiple times to max out support points two and three times on the same card within one year. Some of these users also had participated in the link manipulation shared above.
The text in that letter said:
We reviewed your credit card account and it appears as though certain transactions represent a misuse of the rewards program...If this activity continues or if there is any other misuse or misrepresentation by you, we may close this and any other accounts you have with Chase.
A picture of that letter can be seen here:
The users who received these warning letters all were clear that they felt it tied to support links and I believe a couple may have called in to confirm that. Then, in a somewhat shocking move, one of those folks who received a letter actually had some of their cards shutdown by Chase (presumably for the same activity as there was no other logical reason for the shutdown). It's worth noting though, that in all instances, they did not clawback any rewards.
How does this tie to CIPpy you may ask? Well it seems that Chase can decide in their sole discretion what they deem to be abuse of their rewards program. Could they decide that repeatedly getting the same card to earn the signup bonus while simultaneously "self-supporting" was an abuse? I certainly think so. It is almost a certainty that this loophole will cease to exist at some point in the future. Nobody can tell you how far away that is, and nobody can tell you what (if any) consequences may occur when it gets shutdown. I will reiterate, that I am not going to stop drinking from CIPpy... But, I am going to try my best to follow some rules to cip safely:
Please don't stop drinking from CIPpy because of this comment...just make sure you've weighed all the options and are doing it in the most safe way possible for your situation.
- I will always do P1=>P2 or P2=>P1 clicks. I know that might not be possible for all (especially those in 1 player mode) but if this is an option, embrace it! Avoiding a true "self-support" click is much more defensible. In the recent Amex clawback debacle, nobody who was supporting via this method experienced any clawback,.
- Follow your pacing guidelines, don't try to accelerate the timeline and do 1 a month. It's just not worth the risk of getting yourself shutdown on your own.
- If you want to be paranoid, you may also consider trying to mix up your business type with each application. Perhaps you own multiple successful "businesses" and you purely were pursuing the best small business card on the market for each business...
Additionally, as we are advising new folks on this option, I think it's important that we make sure they understand that this is not without risk. I don't want to spook them, but it's irresponsible as a "DISchurner" adviser to not at least make sure they understand that this is a loophole and (a) could be shutdown and (b) could come with some level of consequence at some point in the future.
I'm interested to hear anybody else's thoughts on this - even if you're opposed or feel I'm being overly paranoid here...
One CF has a balance at 3.99% that I may just pay slowly (to prove to Chase I a worthy customer?).
As one other person said, what about spreading applications among various Chase Biz cards? I know CIP is the best SUB, but this could potentially reduce more than one of the same card in hand every year. Thoughts?
F_____ Income, Retire Early? Just guessing, here.I'm a workaholic tho. So is DH. We are aggressively pursing FIRE but who knows when we will actually hang it up. Having said that, I do go through periods of burnout where I fantasize about never working another day in my life.
And I've been in and out of this area since 1977. But they keep building new stuff which sometimes changes my landmarks.
When we were here as military we used to shop at Fort Belvoir all the time because they had a decent commissary and a package store (wine and liquors). That was before Total Wine. I used to always go to Springfield Mall when it was new and still nice with all occupied stores and it was a thing to get lunch at Bennigans (probably gone). Never go there any more. Things change.
I'm in the Springfield area too! Are there only 3 of us (that we know of)?I’ve been to the Springfield mall! lol
As if I don't have enough trouble NOT snacking between meals.