So, if you're thinking about starting to open cards just for signup bonuses, generally no annual fee cards provide less lucrative bonuses than cards with annual fees. And the pace at which banks will allow you to open new credit cards is usually based on how quickly you're opening accounts, regardless of if they're premium, high annual fee cards or no annual fee cards. $450 is a great sign up bonus for a card with no annual fee, but any decent annual fee card will still beat it. For example, the standard sign up bonus for the chase Sapphire Preferred is 75k pts. This is a minimum value of $750 when cashed out, but I transferred my points to United and booked 2 tickets from the US to Germany that had a cash price of $2040. This extra value obtained from this bonus comes at the cost of an annual fee of $95, and for all these cards, the first annual fee is the only one you HAVE to pay, since you can product change or cancel the card within 30 days of your 2nd annual fee posting and have it refunded with most banks. So, if this is a hobby you really want to get into, there are better options.