As of today, I only have the Citi AA Visa card that I received last year when they were offering the 75k signup. Between that and BankDirect I seem to be generating AA miles out of my ears. After reviewing all of the program award changes for 2012, I'm going to branch out to different programs. I've already applied for and will receive the SPG AmEx, so I'm good there. However, I'm strongly looking at the no-fee Citi Hilton HHonors card for when a merchant cannot take AmEx (and I have a few merchants who do this). I'm primarily getting the HHonors card for the automatic Silver status it confers, and I'll accept free points if companies are willing to give them to me. Since I have a relationship with Citi, ideally I'd like to do the following: 1. Keep my current credit line open 2. Change the Citi AA Visa to a Hilton HHonors card (no fee) 3. Receive signup bonus for Hilton HHonors card (because 40k HHonors points, while they may be small in value, is better than zero). I have a sufficiently large credit line on the AA Visa to shift some over to a new card if Citi allows for it. My questions are: 1. Is the above possible, in some sort of fashion? Ideally I don't want to have a ton of credit pulls and the average account age to go down. 2. If it is possible, are there any timing concerns (a la Chase) that I need to be concerned with? I'm in no rush to move the cards since I have a while before the annual fee on the AA Visa comes up again. 3. Understanding that everyone values status and benefits differently, is getting the HHonors card a good idea? My other option is to transfer my Visa charges to a 1% cash back card that I currently have open. Thanks in advance.