Originally Posted by
loheiman
Churning typically refers to the ability to sign up for a card, receive the sign up bonus, cancel the card, and repeat the process with the same card, over and and over again. If you're still interested in signing up, getting the bonus and canceling the card, you can do that with almost every card. There are very few cards that have a required minimum amount of time that the account must be kept open.
I don't understand your post. FIrst you explain churning (correclty), as "repeat the process with the same card". Then you say "you can do that with almost every card" but only about applying
once and then cancelling. That's not churning according to the definition you just gave!
AMEX tends to not allow churning "ever" with the exception that if the new bonus is bigger than the bonus you got years ago, they may give you difference if you apply for the same card a second time ever.
Citi allows you to churn AA cards (and presumably some others) if you wait 12 to 18 months between applications "bursts". (Citi lets you apply for two AA cards at the
exact same time -- though not close, it has to be just about the exact same time to work! -- and that's what I mean by "bursts".) Btw, that's the Citi personal cards calendar, the business cards calendar is completely separate and different.
I'm less clear on Chase, Barclays, and BofA current churn policies (with regards to repeating the same card).