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Credit Card Churning: The next one

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I mentioned previously that I’m pro-credit card churning. In fact, I feel like it’s my turn. I’ve given the credit card industry so much money that it’s time for me to get something out of it.

So, I got a Chase card with cash-back rewards. So far, I’m really liking it. It lets me pay entire balance every month, which is the only way credit cards work, in my opinion.

Last week, I went on a business trip. At the airport, a guy stopped me to talk to me about Delta’s American Express card. 30,000 mile sign-up bonus, a free checked bag every trip, and not to mention a prize at the airport.

Like I need more stuff. But I did get the water bottle. And I was convinced. Simply because  he said that if I wanted to cancel it, all I had to do was use it for 90 days, and I’d have those 30,000 miles.

Sounds pretty good to me.

Now, for those of you who do this on a regular basis, at what point do I start canceling the cards that no longer have recurring transactions and have zero-dollar balances?

Also, I wonder if I’ll even be approved, since American Express denied me when I last applied. Will that hurt? I mean, will it hurt more than just my ego?

I have no idea. Any thoughts? Was talking to a credit card rep stupid?

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