Originally Posted by TheDapperDon

Having read FM's post and the Citi shut down thread today, I've come to the following conclusions:

1. The days of heavy churning may be numbered as banks are more savvy about rewards and have devalued the points earning abilities of many cards
2. 5x points or 5% earning cards will continue to dwindle in number
3. Bloggers need to be called out for repeatedly showing the nuts and bolts of deals. FM in particular is now saying that he won't use Citi to churn anymore, even though he has been the main people publicizing it.
4. It makes sense to churn using more than a handful of cards to help fly under the radar. I've come to realize that using different cards at several different banks helps keep my balances in check and way under my credit limit.
5. The creation of petitions against Citi will probably call attention to the product that we all like to by for dessert and may cause a national shut down of the ability to purchase that product with CCs
6. Fewer deals will be shared on public forums due to the bloggers not using discretion. Ultimately, we will have to work harder as individuals to find deals.
7. Deals that are shared will have many more code words used, and specifics will be discussed in PMs.
8. Citi is sending out the updated offers for their TY cards so they can phase out the Forward card , and cover themselves legally if folks are churning their products.
9. 2% will be come the new 5% for rewards.

This is just my two cents.