Hi Everyone!

[Oppai21]

Hi all,
First post here. Have not travelled since pre covid but planning to do a few trips this year.

Have just got into credit card churning and have applied and been approved for 5 (!) credit cards in the past fortnight. Have met the bonus minimum spend requirements for all today. If i get all the bonus points within 41 days, i should get into points club plus. I wonder what my chances are?

 

[Dr Ralph]

Welcome to AFF.

It's very unlikely that all of your points will be awarded in that time period. 3 months after reaching the spend is not uncommon.

 

[Steady]

Welcome aboard @Oppai21

 

[snabbu]

Another warm welcome @Oppai21

 

[Seat0B]

Hi all,
First post here. Have not travelled since pre covid but planning to do a few trips this year.

Have just got into credit card churning and have applied and been approved for 5 (!) credit cards in the past fortnight. Have met the bonus minimum spend requirements for all today. If i get all the bonus points within 41 days, i should get into points club plus. I wonder what my chances are?

That’s a spectacular approval rate! Well done and welcome.

 

[Oppai21]

That’s a spectacular approval rate! Well done and welcome.

Checked my credit file and it shows a ton of enquiries but no open accounts yet. So I applied for another two this week! One has been approved (Citi prestige with 20k limit). Still waiting on westpac. I have now obtained ~$60k in unsecured credit over 6 cards in the past month. My net salary is not even 6 figures. (Living with parents, no mortgage or dependants)
I guess the banks dont put much weight on the classic red flag of 'many recent credit inquires'.

 

[Oppai21]

Just got first statements and bonus points credited for two of the cards (nab and anz).

 

[prozac]

Welcome @Oppai21

 

[Catardale]

Welcome aboard!

 

[adammarcos]

Welcome to AFF.

Hi all,
First post here. Have not travelled since pre covid but planning to do a few trips this year.

Have just got into credit card churning and have applied and been approved for 5 (!) credit cards in the past fortnight. Have met the bonus minimum spend requirements for all today. If i get all the bonus points within 41 days, i should get into points club plus. I wonder what my chances are? Showbox jiofi.local.html tplinklogin

 

[knagelli]

Welcome @Oppai21 ; looks like you are on a roll

Well the posting of points generally depends on the spend criteria and any minimum duration as stipulated by the cards terms n conditions.

As long as you are within the terms and have ticked all the requirements , you should be having all points sooner than later.

 

[prozac]

...
I guess the banks dont put much weight on the classic red flag of 'many recent credit inquires'.

You might want to ease off the applications for a while before it begins to affect your credit rating. This from credit site Clearscore where you can check your credit rating.

How this affects your score​

If you apply for too many credit products in a short period of time, lenders may view this negatively as it can make you appear overly reliant on credit.
Enquiries stay on your credit report for 5 years, but this will have less of an effect on your credit score over time.

Clearscore shows credit scores and reports from 2 different credit bureaus, illion and Experian.