Originally Posted by
vmsea
Amex - life time bonus - so cards are worthless to churn
That's per exact card. In 7 or so years. Have already gotten the bonus on the Everyday, and the Everyday Preferred, and the Premier Rewards Gold, and the non-premier Gold, and the Green, and the Platinum, and the Mercedez Benz, and the business versions?
Citi AA cards?[/QUOTE]
Citi just insituted their own pretty tough anti-churning measure this month:
Since it's one bonus per program (not per card), with a business card separation exception, it may be tougher for some people than Amex, even if it's "only" 24 months rather than 7 (or rumored 4) years at Amex.
Originally Posted by
vmsea
Chase - 5/24 rule - ouch.
[...]
serious question - what are good churning cycles/strategies these days? (have had a couple of little ones last couple of years and haven't kept up with the game).
One strategy is stop churning personal cards, and only churn (non-Chase) business cards. That way, while you wait out Citi and Amex, you can get back to Chase, since (non-Chase) business cards don't show up on your credit report (if not in default) and thus don't count toward Chase's 5/24 (which for non-Chase cards simply counts the cards on your credit report that have an "opened on" date in the past 24 months).