Tag: anti-churning

Credit card churning is a strategy of opening new credit cards for their signup bonuses (cashback, points, or miles), then closing or downgrading the cards. While potentially lucrative, it requires organization and financial discipline to avoid negative consequences like credit score damage, surprise fees, and being banned from future perks. Responsible churning involves researching offers, spacing out applications, meeting minimum spending requirements, and paying balances in full to avoid interest. Banks have anti-churning policies, such as Chase’s