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Old Apr 21, 2015 | 2:41 pm
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MaxVO
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Originally Posted by tev9999
Closing a card the instant you hit minimum spend is not profitable for them. Same with charging $20K a week in gift cards at Staples to get a 5X points that costs them more in rewards than the merchant swipe fee makes up.
I never close Chase accounts in less than a year, and my spend at Staples has been under 1K annually. But when the AF hits, I often do cancel. Is there much chance of that unleashing their wrath?
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