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Cancelling alaska cc and then re-applying 3 months later
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Aug 30, 2009 | 2:32 am
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beckoa
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Quote:
Originally Posted by
MagicCarpetRider
I don't think that there is a loop to close. As long as you pay your annual fee, I think the Bank is fine with you opening up Credit Cards.
I don't think Alaska Airlines minds who purchases the bonus miles to put into your account.
I suppose if you were trying to open up 2-3 accounts at a time and then close them, redeem miles, and then do it all over again, it could/would cause your account to be locked down.
From a Credit Standpoint, I would assume that the bank is only going to allow you to open "x" amount of cards. I would also assume that this type of activity would be on a credit report for "x" amount of years.
I would think that as long as "you know" that you are aren't being fraudulent then this would
not
be a problem whatsoever.
So other then the $75 fee... the biggest Issue I see with this is credit wise... each application triggers a pull on your credit... and impairs your rating a bit... so the whole idea of churning (which according to some on FT works well for the AA CC's) scares me
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