So currently I have about 3 credit cards with a combined limit of some $91k, I only owe $3,500 all up and have always paid my balance in full after the interest free period.
I went and applied for the HSBC platinum card for the 60,000 Qantas points and get denied. I followed up with a call and they tell me I don’t meet their criteria; asked for specifics and they couldn’t tell me. I suspect it’s because I got enough cards already?
I intend to apply for as many cards that offer Qantas points as possible but after this denial - I’m thinking twice before applying for another one so quickly. And maybe I should cancel my cards so I can make room for others?
Appreciate any response on this. Thanks.