I do something similar, but, arguably, lower-effort than outright cancelling my cards yearly. I use disposable card numbers.
I only wish every single one of my cards offered this service, but, most notably, Amex doesn't[1].
Currently, only Citi[2] and Bofa[3] (from their MBNA acquisition) offer it on reward cards I'm willing to use[4]. If anyone knows of other issuers who offer this on such a card or who offer it on an otherwise full-featured[5] business card, with all cardholders having access to this feature, I'd be very interested in knowing.
[1] They had it under the mark "Private Payments" but discontinued it. I don't think they ever offered it on the Costco co-branded cards, so I never tried it.
[2] "Virtual Account Numbers"
[3] "ShopSafe"
[4] At least 1% kickback payable as cash. Miles and "points" don't do it for me.
[5] Employee cards with spending limits settable online is the critical one.
I only wish every single one of my cards offered this service, but, most notably, Amex doesn't[1].
Currently, only Citi[2] and Bofa[3] (from their MBNA acquisition) offer it on reward cards I'm willing to use[4]. If anyone knows of other issuers who offer this on such a card or who offer it on an otherwise full-featured[5] business card, with all cardholders having access to this feature, I'd be very interested in knowing.
[1] They had it under the mark "Private Payments" but discontinued it. I don't think they ever offered it on the Costco co-branded cards, so I never tried it.
[2] "Virtual Account Numbers"
[3] "ShopSafe"
[4] At least 1% kickback payable as cash. Miles and "points" don't do it for me.
[5] Employee cards with spending limits settable online is the critical one.