If you want to grab lots of points and miles, having many credit cards can help create this path. Gaining rewards and not damaging your credit can be tricky and make many people feel uneasy.
Credit card churning opens up cards, hits the sign-up bonuses, and closes them. People will use credit card churning to earn air miles, travel rewards, or cashback.
When looking at creating a strategy, you must be mindful of the Chase 5/24 Rule. Chase doesn’t want people to be signing up for cards and canceling all the time.
American Express only allows one welcome bonus for one person over their lifetimes. Once you get that bonus, you will never get another bonus on that card again.