Author Topic: Open/Close cc acounts  (Read 1919 times)

Offline Bigyid

  • Dansdeals Bronze Elite
  • *
  • Join Date: Jul 2011
  • Posts: 26
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Open/Close cc acounts
« on: July 27, 2011, 12:27:51 PM »
Can I close my Amex platinum and gold, and then reapply for the same cards again a month or 2 later, and then churn those miles again for 75k and 100k miles?

Offline bem684

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Aug 2010
  • Posts: 679
  • Total likes: 4
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Open/Close cc acounts
« Reply #1 on: July 27, 2011, 12:37:19 PM »
I believe the standard answer to this question is "YMMV"

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 31012
  • Total likes: 7974
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: Open/Close cc acounts
« Reply #2 on: July 27, 2011, 12:43:41 PM »
Can I close my Amex platinum and gold, and then reapply for the same cards again a month or 2 later, and then churn those miles again for 75k and 100k miles?

So long as you get approved, and they agree to match you for offers which you weren't targeted for, yes.

Do to those two conditions, primarily the latter one, it's say bem684 is right, YMMV.
DDF FFB (Forum From Birth)

Offline zale

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2011
  • Posts: 1450
  • Total likes: 375
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: Brooklyn, NY
Re: Open/Close cc acounts
« Reply #3 on: July 27, 2011, 01:45:52 PM »
Can I close my Amex platinum and gold, and then reapply for the same cards again a month or 2 later, and then churn those miles again for 75k and 100k miles?

YMMV, however, this can trigger a FR. If you are not earning the salary you claim on the application, then be careful.

You can also be denied due to "abuse of rewards program".

Search the forums here for more details.

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 31012
  • Total likes: 7974
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: Open/Close cc acounts
« Reply #4 on: July 27, 2011, 01:53:18 PM »
YMMV, however, this can trigger a FR. If you are not earning the salary you claim on the application, then be careful.

You can also be denied due to "abuse of rewards program".

Search the forums here for more details.

I think it's more like "Participated in too many bonus offers".
DDF FFB (Forum From Birth)

Offline zale

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2011
  • Posts: 1450
  • Total likes: 375
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: Brooklyn, NY
Re: Open/Close cc acounts
« Reply #5 on: July 27, 2011, 03:27:59 PM »
I think it's more like "Participated in too many bonus offers".

Yep, that's the professional way of saying "take a hike".

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 31012
  • Total likes: 7974
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: Open/Close cc acounts
« Reply #6 on: July 27, 2011, 06:43:47 PM »
Yep, that's the professional way of saying "take a hike".

Rightfully so :P
DDF FFB (Forum From Birth)