Originally Posted by Mr. S
Would we be considered churners?
Yes
Originally Posted by Mr. S
For the past 5 years or so my wife and I have opened 1 or 2 cards a year to take advantage of mile/point promotions (that we receive in the mail). We typically get the card for it's large opening bonus, spend with it until we reach a desired mile/point threshold for an award, and then close it after about a year before the annual fee comes.
The fact that you open and close accounts just for the miles means you are churners. However, the rate that you churn is very low.