- How you can apply for up multiple credit cards at once and apply again several times per year to get the most miles.
- Why you should check your credit score against multiple agencies
- Learning which credit agencies pull your score through other sites like creditboards.com (see their credit pulls database once you are a member) or Rick's Flyertalk thread that is a mini database of credit card pulls.
- A FICO credit score above 700 is recommended for credit card churning
- A VantageScore of at least 800 (B or good)
- Keep track of your promotions with copies of your application, promotion details, and first card charges (if required to fulfill the promo)
- Don't cancel your card until it's going to cost you money. If it doesn't cost you anything, hang on to the credit card until they ask for an annual fee
- A denial does not hurt your score, its only the inquiry. The inquiry usually drops your credit score by 2 to 5 points. Obviously if you apply to several and you are not getting approve, then you shouldn't be applying
- Keep your scores in the good to very good range
Got any credit card churning tips? Let us know in the comments below.