I already have this card and am considering churning it. This is the timeline that I’m looking at;
2/2 Approved for card #1
2/10 Complete minimum spend for card #1
2/12 Apply for card #2
2/15 Statement closing date for card #1
2/? Cancel card #1 to avoid AF (my understanding is that I have 30 days from the posting of the AF to cancel)
2/25 Complete minimum spend for card #2
What I’m not sure about is when I can expect the miles to post for card #1. Do they post when the spend is met? Or is it after the statement closing date?
My goal is to churn it and only pay the AF once.
So, will this work? Are there other factors that I need to consider? Any input is appreciated.