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Old Jan 17, 2015 | 1:02 am
  #1368  
alexteacher
 
Join Date: Jun 2010
Posts: 198
Originally Posted by JJonahJ
Opinions will vary, but for Amex I'll personally try to adhere to the 6 months guideline.
I don't know an upper limit on churning, as I'm relatively new to this too.

I don't know how deep the creditors will look into your file...you would think that with online instant approvals, the number of opened accounts isn't being considered. But I don't know. I just hope that they aren't keeling over when they see how many I have opened and cancelled.
6 months sounds good with Amex, I think. I waited 8 months the first time..

Originally Posted by Preacher7
JJJ's advice is good. Here's what has worked for our family for years:

1. Apply for a different Amex card every 3+ months.

2. After 6+ months, close the card.

3. After 6+ months, re-apply for the same card.

I hope it works for you as well as it has worked for us!
My pattern is currently off, but yours does sound the best. ^
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