I am considering cancelling my current Chase Rapid Rewards card then reapplying right away to get a new card and the 40K bonus points. It has been 24 months since my last big bonus so I'm ok there but I didn't know how much time I would need to give before reapplying. So for example, if I cancel February 1st, can I reapply Feb 5th? Or will I be denied since I still show as a cardmember? If anyone can let me know how much time to leave, I'd appreciate it!
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