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-   -   How long to wait before reapplying for the same card to earn a bonus? (https://www.flyertalk.com/forum/credit-card-programs/2146368-how-long-wait-before-reapplying-same-card-earn-bonus.html)

Ayimo Jan 1, 2024 8:26 pm

How long to wait before reapplying for the same card to earn a bonus?
 
How long do you have to wait if you cancel your credit card before you can qualify for bonus miles if you re-apply for the same credit card?

Need to know how long do you have to wait to qualify for bonus miles if you cancelled your credit cards and later on re-apply for the same credit card.

guv1976 Jan 1, 2024 9:04 pm


Originally Posted by Ayimo (Post 35867563)
How long do you have to wait if you cancel your credit card before you can qualify for bonus miles if you re-apply for the same credit card?

Need to know how long do you have to wait to qualify for bonus miles if you cancelled your credit cards and later on re-apply for the same credit card.

The answer varies from one credit card to the next. If you read the terms and conditions of the bonus offer for the card in which you are interested, you may get a specific answer. Some card issuers are cagier, saying something like, "You might not be eligible for the bonus if you've had this card before."

mia Jan 2, 2024 11:44 am

Chase (Sapphire branded only) and Citi cards stipulate 48 months since the last bonus was received for the same card. American Express seems to require 7 years from the time the previous account was closed, but they often send targeted offers without this requirement. It's important to understand not only the amount of time, but the event which starts the clock running. Also, some issuers do not enforce the terms as written. Chase (INK branded only) show a 24 month waiting period that is ignored.

hurnik Jan 2, 2024 12:08 pm


Originally Posted by mia (Post 35869526)
Chase (Sapphire branded only) and Citi cards stipulate 48 months since the last bonus was received for the same card. American Express seems to require 7 years from the time the previous account was closed, but they often send targeted offers without this requirement. It's important to understand not only the amount of time, but the event which starts the clock running. Also, some issuers do not enforce the terms as written. Chase (INK branded only) show a 24 month waiting period that is ignored.

And some (at least one of my cards), are a one-time promotion. Bank of America Premium Rewards Elite (for example), states: "Limit 1 bonus points offer per new account. This one-time promotion is limited to customers opening a new account in response to this offer and will not apply to requests to convert existing accounts."

Barclays is 24 months from card opening (I think).

Also to consider is some banks also don't like you closing the card, and then re-applying in X days (30 days, 60, etc.) Varies per bank/lender.


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