I got a letter in the mail last week telling me that Chase will not give me the bonus miles for my most recent 25,000/$250 United Consumer Visa Card because I have already received the bonus in the past.
This is no big surprise-I have been predicting the end of the churn for some time now…
(Before i get 5 emails asking what is churning cards, it is the process of opening and closing the same credit card multiple times.)
However this move leaves more questions then answers at this point.
1. Is this the end of churning only for the United consumer card, or also for the business card?
2. Can the 20,000 mile United cards, which don’t require a $250 purchase still be churned?
3. How long will it be before other Chase cards(Continental) can no longer be churned?
4. How long will it be before Citi cards(AA) can no longer be churned?
Whatever to the answers to these questions are, there is no doubt that this gravy train is coming to an end…