Would this be frowned upon by banks?

QuestionsWould this be frowned upon by banks?
asked 3 years ago

A lot of credit cards state in their terms that if you have had that particular card open within the last 18/24 months that you would not qualify for that cards signup bonus.

It just seems a little shady to take advantage of an offer, close and then open it up again in another 18/24 months to use that signup bonus once again.

But another part of me thinks, it is there to get you to signup and use the card anyway…

Would this be frowned upon by banks? Is this a practice to stay clear from?

Would a bank blacklist you for doing this?

What are your opinions?

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