American Express has placed a no-churn clause for their normal applications in Canada.
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The Chase Marriott Visa, which carries an excellent 50,000 Marriott point + free night certificate sign-up bonus, has sort of “disappeared” from the Chase homepage. Here’s what I mean:
Although this isn’t as great a deal as last time (which will probably never come back!), BMO is currently offering their World Elite Mastercard with a $300 travel credit and first year free (this is not a referral). You must apply by April 10, 2015 to be eligible for this promotion.
Per Canadian Kilometres, the AMEX SPG sign-up bonus is back up to 20,000 SPG Points. It used to be 21,000 with a referral, however, it was brought down to 10,000 for awhile. You can see my review of the SPG AMEX card, where I explain why it's one of my favourite cards.
In this series, ‘The Churn’, I will examine the multifaceted aspects of churning credit cards, probably the quickest and most used way to get free flights and other travel credits fast.
What is churning? Churning is the process of acquiring a credit card, meeting the requirements for any associated bonus, cancelling the card, and restarting the process anew. That is, it's getting the card, cancelling, wash and repeat.