For years, getting Alaska cards has been a “sure thing” for me. When Bank of America started limiting personal cards, I just switched over to the Business side and kept cruising along there. It has been one of the few predictably easy things left for me in the credit card game.
Well, a surprising sight just showed up in my mailbox…
A decline letter for my “sure thing.”
Based on emails from others who’d been cruising along too, this looks like a change for everyone. Finally, after many years, it looks the Business side is limited too.
As I see it, there’s a pattern with the life cycle of awesome deals. Even with something like MoviePass…
1. A deal comes out and it’s so good that people can’t believe it’s true.
2. It’s genuinely amazing for a while.
3. It’s still technically good but is becoming challenging. The prime is clearly over.
4. It dies (or becomes not worth the time and effort).
I’m sure I’ll be able to get Alaska cards again at some point. But it looks like that will be a more “reasonable” number. The prime is clearly over.