@Anonymous wrote:
Usually 24mos after receipt of last bonus but apparently there is new language that removes this.
In which direction?
The reasons why this might not be the best thing for a cardholder to do aside, I can't imagine that issuers put up with people canceling and then re-enrolling for a second sign-up bonus more than once?
I remember many moons ago when I was but a wee young GT20, I worked in a retail establishment with a store card (backed by our friends at Synchrony, though it was GE back then. Or maybe even a different bank, that's how long ago we're talking.) Typical sign-on bonus of X% off if approved. I had a woman who applied and was absolutely indignant that she had been denied, stating "I've never been denied for your card before!" Of course, I could only ask, "How many times have you gotten our card before?" "At least 10. I always get it for the bonus, pay it off, and cancel it!" 
The funny thing was, we generally offered a similar discount to cardholders at least 2 or 3 times a year (on top of other rewards, of course) so if she'd been smart about it, there really was never a need to cancel the card, ever.
