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?