Sorry if I freaked anybody out. I wanted to put the information out there just so that people can stay up on the current trends/reports.
1)
For people newer to the game (i.e. less than 5/24) I would pay attention to the shutdowns where a person got 4 Chase cards in 5 months and the person who attempted a 6th Chase application in 11 months. This basically backs up the advice that's been given recently of keeping things slow with Chase. Nobody quite knows how fast is too fast...but obviously these examples were. We all know that you can potentially get 8 or 9 cards within your 5/24 limit (2-3 Biz + a double dip at 4/24) but if that's your strategy you probably need to try to execute it over an 18+ month time frame.
2)
For the veterans (i.e. 10/24 or more) it seems that once you leave Chase...you may not want to come back unless you quiet things down for a good long time prior. You also need to weigh how bad a shutdown would be...if you are in 2 player mode and have duplicates of many cards maybe shutdown isn't terrible. If you're generating decent referral points shutdown would cause you to lose those point earning opportunities. Obviously everybody's situation is different.
3)
For those in the middle (i.e. 6/24 - 9/24) You probably need to decide which camp you're in - are you going to forget Chase and move on (now you're a #2)...or are you trying to get back in Chase's good graces (now you're a #1).
Of course the primary strategy for everybody here to "slow their roll" so to speak is to intersperse some Business cards that DO NOT report to your personal credit report. Additionally - for those in 2 player, alternating applications can make both players look better!
@wendow - to answer your question on the co-brands...the reason most of those cards cause the shutdowns is because they are the only cards you can get beyond 5/24. I'm sure if somebody managed to get a CSR at 19/12 or 42/24 they would be a prime shutdown candidate too. The problem is, nobody who is 42/24 is getting a CSR these days, haha.
@jhoannam - You're in an interesting situation. I'd love to say you'd be fine to get that Marriott Biz...but based on your strategy (and the fact that CIP, CSP/CSR will be much more lucrative than Marriott Biz) it might be for the best to forego the Marriott to keep safe.
@Calfan - At this time the "type" of spend has no bearing on this so I wouldn't worry. These shutdown reports all relate to applying for too many cards too fast.
at least you're making some points.... last week at WM I forgot to use chasepay and used a csr instead...bye bye extra points. I was annoyed, but only for a minute.....
BTW my 10x from Shoprite on the CSR finally posted!!!! yay.
