Just wondering...there is an offer out there which I /my family has found very appealling. As a result, my wife and I have done 5 apps (and now gotten 5 approvals) on the card and are using our home address for all 5 apps as the other people (each app was done for a diff person) don't want to be bothered with the offer and simply, in effect, allowed us to get the card in their name, do the spend (with the secondary card), pay the bills and then reap the benefits. We are then planning on cancelling all 5 card accounts when the ann. fees are due in a year.

I was just wondering if by doing this I am setting up any kind of problems with the credit card companies as they will see 5 cancelled accounts (diff people) at the same address in a year. Is this something they look at?

Any feedback would be very much appreciated.