What do you think about opening and closing credit cards for the initial sign up offers?

Marriott just sent me a great deal. Get their credit card and get 50,000 points and 1 night free and no annual fee the first year. I’m considering doing one of these every couple of years or so, so nothing extreme, and closing it out before the annual fee hits.

I know it affects my credit a little, but I don’t think it will negatively impact that much. I know a lot of people will caution me against my next statement, but here goes, I can open it under my name and I think it does not affect my husband’s credit. We both have stellar credit, but his is 30–50 points higher at any given time than mine. Since he is the bread winner, any major purchases we only run his credit anyway usually.

The marriott deal amounts to about $350 in free hotel stays. That’s pretty good. We do stay Marriott, so it is something we will use.