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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I haven’t paid for vacation flights in over 3 years. I travel for leisure with 2 kids, mostly in economy because of numbers, and have no loyalty to any one program. At present I’m working Amex, Chase, American and Alaska programs. Points are earned largely through initial bonuses and ongoing spending.

In the last 3-4 years we went to France, Turkey, UK, Morocco, Netherlands. Just came back from 2 weeks in Scandinavia, and have Austria booked for tgiving and Italy for spring break.

[b]If you and your DH consistently open new cards 3-4 times a year, you can travel in business class 1-2 times a year easily, more if in economy. It’s a fun hobby but there is definitely a learning curve and ongoing research[/b]. [/quote]

I get that this is the strategy, but I feel really uncomfortable with the idea of opening new cards "3-4 times a year." I wouldn't get in trouble with that -- I pay them off each month. But for some reason it still makes me nervous. [/quote]

PP, you don’t keep using them. You spend what you need to get your bonus, and into the sock drawer it goes. Move on to the next. Rinse and repeat. Effectively you’re only using one card at a time. This is my record so far this year:

Barclays Aviator: 60k with American Airlines. Annual fee plus one charge.

Advantage City Business: 65k miles with 4,000 spend. Done.

Hawaiian with Barclays: 70k miles with 2,000 spend. Done.

I’m biding my time till end of July to get a chase sapphire .

Next year I will probably get a couple of amexes, a chase ink and possibly a hotel card.

I keep them all for a couple of years except my amexes and a sapphire.
[/quote]

I get the concept of throwing them into a drawer and not using them. But this is still going to effect your ability to get other credit if you need to (mortgage, car loan, etc). [/quote]

DP here and this is a total urban myth. I’ve opened 3-4 cards a year for 2.5 years now and my credit score is 850. It was around 800 when I started. [/quote]

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