Questions and Answers

Have a travel related question? Post it here, and I’ll do my best to answer it as quickly as possible.

While anyone can comment on regular blog post, registration is required in order to post a question in this space. Creating your account is free, and you'll be able to see when your question is answered, as well as like comments from other users. And of course, you'll earn status points for offering helpful answers!

This space is intended to be more of a community as well, so please jump in and share tips!

Filter by:

Ask a question

QR Lite Fare – Lounge Access

by Tar00 New Member

March 21, 2024

Can you help?

Trans Atlantic

by Fabrice New Member

March 7, 2024

Can you help?

Arkia in Beirut?!

by Soberman New Member

March 3, 2024

Can you help?

Ticket Expiration Policy

by caumong10 New Member

February 20, 2024

Can you help?

Air France

by Tar00 New Member

February 1, 2024

Can you help?

Global Entry Application Question

by W Gold

January 27, 2024

Can you help?

Emirates miles

by cross40 New Member

January 19, 2024

Can you help?

Canceled flight recompensation

by KB New Member

January 14, 2024

EK DXB – JED

by Mal_00 New Member

January 10, 2024

Can you help?

BA status

by Loz New Member

January 3, 2024

Ask a Question

Everyone can read and comment, but you must login to post a new comment.

Answers (2)

Churning exclusively with new checking/saving accounts. Good idea ?

by Flo New Member November 11, 2015, 9:11 pm

Churning exclusively with new checking/saving accounts. Good idea ?

Flo New Member
November 11, 2015, 9:11 pm

I wanted to know what were the risks involved with this. Does opening/closing accounts with high amount ($5000) rises red flag ? Has anyone gotten into any issues doing this ?

Also I have successfully completed my requirements for the citi aa advantage and got approved for the prestige today. Can I open a savings account with citi and fund it with my new prestige ?

Thanks for your help !
Anonymous Guest
November 11, 2015, 10:46 pm

If Citi deems you to have earned more than what they consider the equivalent of $600 in rewards per year from bank accounts (not including credit cards) they will report it to the IRS and you will owe taxes on those rewards.

Not to mention repeatedly opening and/or closing checking accounts will get you flagged with ChexSystems which could prevent you from being able to get even legitimate bank accounts for years and years. Heard the term “unbanked” before? They’re unbanked because of their bad ChexSystems reports.

To put it simply: [B]do not do it.[/B]