Originally Posted by
flyer4512
Of course, makes sense, 50 cards a month , a $200K or so credit limit on all the cards combined and a mere $150,000 spend per month to get the miles..............easy peasy
I'm guessing you weren't around during the Citi 100k signup bonus fiasco, were you? supposed to be a 1 time thing, yet people were were getting it numerous times. The problem was it had a $10k minimum to get the miles. Scammers decided it would just be easier to buy a $10k refundable ticket, get the miles, cancel the ticket, close the account.
Where there is a will, there is someone trying to come up with a way around the rules.