American Airlines are currently running a massive campaign for their 60,000 miles on signup credit card offer. As we travel to the US each year with our kids, my wife and I are thinking of signing up, making the purchase, getting the miles, then cancelling the credit card within three months or so. This means that we would get two tickets at a vastly reduced price next year by booking separately and consuming the miles (along with other miles we have saved) for one of the bookings.
We considering applying for and then cancelling a credit card, for the sole purpose of receiving the sign-up incentive. Is there anything we should be aware of when doing this, and what is PFs general feeling about this practice?
Thanks.
Submitted September 14, 2018 at 05:03AM by sennett https://ift.tt/2MulCkn
