I was declined for my 9th account, but I feel that I had a good run. I called them, on the supervisor level it was explained to me that the “back office” made a decision not to allow me to fund accounts through a Credit Card and that I will never be permitted to do that in the future… period.
I got about 365,000 Hilton Honors points out of it (my early transactions were in the $15k range = 30k points per month, and my later ones we in the $30k range = 60k points), all and all I averaged out at about 45,000HH/month for 8 months, good run.
I did have a high Credit Card line and never exceeded 80% of the allowed line at any given month with them. I think the tweak of having only 3 accounts max at a time, and payout from a different account that it is being funded to (by transferring to the original account) helped to prolong this for 8 months, but I would imagine it all matter on case-by-case. My score always sat in 740s or 750s, it never jumped around through this whole process
Please feel free to share this success story, I would like to request not to disclose my name….
Everybody has varying success with this technique. This reader got about the same number of accounts approved as I did before getting cut off, and indeed had a great free run of over 365,000 HIlton Honors points.
I really can’t add anything to the story other than: read and study the second paragraph carefully
Congratulations to our Frugal Guy of the Day
IHG® Rewards Club Select Credit Card
- Annual Fee: $49 fee waived for the first year
- Foreign Fees: No
- Card Type: Hotel
The IHG Rewards Club Visa is often cited as one of the most underrated hotel credit cards, with good reason. The official offer is for 70,000 points after $1,000 spent within three months, with the first year’s fee waived. The card comes with an annual free night certificate that can be used at any IHG property, including Intercontinental hotels - making this certificate worth upwards of 50,000 points. This is far more generous than some other hotel cards, which limit the categories in which free night certificates can be redeemed.
Cardholders earn 5 points per dollar at IHG hotels; 2 points per dollar at gas stations, grocery stores, and restaurants; 1 point per dollar everywhere else. Moreover, you’ll get a 10% rebate on award redemptions, up to 100,000 points per year. The card also comes with Platinum status, though that doesn’t get you much with IHG. Still, this is a fantastic card to have in your wallet, with benefits that far outweigh the already low $49 annual fee.
- Earn 70,000 bonus points after you spend $1,000 in the first 3 months of account opening
- Enjoy a free night of card membership at over 4,700 hotels worldwide
- Earn 5 points for each $1 spent at our hotels
- Earn 2 points per $1 spent on purchases at gas stations, grocery stores and restaurants
- Bonus points redeemable at hotels such as Intercontinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts and Holiday Inn®
- Automatic platinum elite status, as long as you remain a cardmember
- $0 introductory annual fee the first year, then $49