Originally Posted by
Global321
I think that is one of these things that we keep coming back to.
15 credit cards a year for 10 years. Banks are okay with it. AA is not.
Where is it written that AA has to be okay/accept one person opening 5/10/15 credit cards a year and having the SUBs deposited?
AA currently has 4 Citi Cards, 1 Citi Checking (sometimes) and 2 Barclays Cards (1 is on hold for now while Barclays review the Barclays Business cards). I don't think AA needs to say they are fine with it, they have partnered with Citi and Barclays and agreed to some sort of terms. No one is doubting that Citi wasn't managing the mailers correctly. Citi is now enforcing the 48 month rule and there is no workaround.
Airlines absolutely do want people to get multiple cards and transfer miles to them. Air France has said as much that they want to be top of mind for USA travelers and have people transfer miles to them. Air France (i.e. FlyingBlue program) and the various banks have agreed to the price. FF programs in the US are a profit center, not a cost center for airlines.
Amex allows people to hold up to 10 charge cards. One is allowed to transfer all of those signup bonus miles to any of their airline partners. I don't think there is a limit.
Most people aren't going to get 7 AA Accounts in 1 year, or 5 Chase Cards and transfer all to United, or 10 Amex cards and transfer all to Air France, but it is allowed and the airlines would love to get paid for those miles.