As the title says - if you are going to ‘churn’ a few cards to get their sign up bonuses, what do you do with those points? Do you end up choosing one airline to transfer all the points to before you close the card and apply for another (defeating the point of having flexibility)? Or do you hold multiple cards at once?
Hi @mavmitch
Interesting question!
My primary flexible points programme is AmEx Membership Rewards, and I don’t churn my AmEx cards.
I do have one non-AmEx (A CommBank Smart Awards Mastercard), with the lowest possible credit limit – so it doesn’t impact my ability to take out other cards – which I primarily keep for overseas spending, since it does not have international transaction fees. I don’t churn that card but, especially since CommBank Awards is about to be gutted, I’m willing to close it if something better comes along.
Other cards I churn and, because I get them for the sign-up bonuses, it doesn’t bother me whether their points are flexible or not.
But everyone’s circumstances, travel habits, income, priorities etc are different. There’s no right or wrong way to go about things and everyone needs to make their own choices and decisions.
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