One and it sucks. Guide me Fellas.
Sign up for all of these:
American Airlines Citi Visa
American Airlines Business Visa
Starwood Amex
Starwood Business Amex
Delta Amex
Delta Business Amex
Use them each once and then cancel all of them except for the Starwood Amex. Use the Starwood Amex for every purchase you make and pay it off in full each month so you don't pay any interest. In a year call them and tell them you will cancel unless they waive the annual fee. Here is a database on what you get and what you have to spend along with links to each: http://bit.ly/frugal-database You will end up with a free American Airlines fligh, free Delta flight and anywhere from 2-6 nights at a starwood hotel depending on where you are going.
How often can you churn these?
I'm around 10 or so CCs, but haven't really gotten started on the mileage game. I was originally using them for BT offers back during the days of capped BT fees when it was easy to BT the money to savings accounts.
I just got a notice the one of my old Citi cards was instituting a $60/year annual fee. That card will be getting canceled shortly, so I'll probably start adding mileage cards.
Here's the FW Link
http://www.fatwallet.com/forums/finance/837472/?start=0 to the dollar coin thread. Never got in on it, but looks like it might be dead/extremely difficult at this point: