[QUOTE=sdsearch;28568550]Many of us have done # 1 with no problem. I don't remember reading about anyone trying # 2.
I have tried a couple of times to do a product change on the business card, and they always say it isn't possible, and usually offer to waive the annual fee if I keep it.
And yes, they are getting very difficult to churn, I was just denied after multiple recons for a personal card, even after reducing the limit and changing my last personal Alaska card to a Cash Rewards. The supervisor specifically noted my "pattern of opening and closing accounts" as the ultimate reason for denial.