simple AA credit card strategy?
Hi, I am considering the following credit card strategy, with the goals being to maintain the American Airlines perks (free checked bag); mileage bonus for signing up; and avoiding the $95 fee. I don't use my AAdvantage card for anything other than these perks--I use cash rewards credit cards for all purchases. I have good credit; carry no balance; travel a few times per year, usually on American Airlines; and do not otherwise churn credit cards.
Is this a good strategy?
Year 1: I sign up for Citi AAdvantage Platinum Select Card as primary user and wife as authorized user and spend the $3000 in 3 months to get the bonus miles
Year 2: cancel my Citi AAdvantage Platinum Select Card (cannot open it again until Year 4); sign wife up for Citi AAdvantage Platinum Select Card with myself as authorized user
Year 3: cancel wife's Citi AAdvantage Platinum Select Card; I sign up for AAdvantage Aviator Red Barclay's Card with wife as authorized user
Year 4: cancel my AAdvantage Aviator Red Barclay's Card; I sign up for Citi AAdvantage Platinum Select Card as primary user and wife as authorized user
Year 5: repeat Year 2