I’m new to the whole Frequent-Flyer / accumulating points thing.
I’ve noticed some cards offer no fees for the first year, others have a modest fee with a large amount of bonus points available.
I’ve wondered for a while - is it worth signing up for a credit card in order to get the bonus points on offer and then cancel it once the conditions have been satisfied and points credited to your account? In my mind, the annual fee that some cards charge is modest in comparison to the bonus points on offer.
Can you even do this? If so, is it likely to affect your credit rating?
I’m just thinking of ways to quickly build a large balance of points - in particular QFF.