Have to admit it, I am addicted to getting the chase credit card (the one that gets you a roundtrip after first use of card, 16reward credits). Yea it has like a $59.00 annual fee but you cant beat a $59 roundtrip ticket.

I then cancel my credit card then sign back up (7-10 months later) and do it all over again.

Anyone else employ this tactic?

How soon after canceling card has anyone signed back up for a new card/reward or gotten denied for signing back up too soon?

Regards,