Oh please. Chase gives 70K for an Ink so that they could get your precious 5K spend and cancel right away? They hope you'll use the card for a very long time. As most card holders do.
Why is signing up for a card with intent to churn different than signing up for e-statements with intent to revert to paper?
Maybe it's because you won't cross the line for $25, but for 70K UR, that's something else.
You, too, seem to love making assumptions. Who says I make my spend and cancel right away? I do not, FTR.
I do think signing up, getting the bonus, and cancelling before the AF hits is over the line.
As I said, their hope is that you use the card until your old and gray, but their hope is not determinative and signing up for a card is not a blood contract that you'll never cancel.
The equivalent here is signing up for e-statements solely for the $25 with the intention of immediately changing back once the credit posts. It is similarly over the line. Doesn't matter whether its $25 or $2500.
So, please stop projecting your unethical opinions on me as if they're mine.