I'm looking into whether this might work for me. The idea is that for $295 per year, I get HHonors Gold all the time. But I'm wondering, if I cancel the card, and get re-approved for a new Macquarie HHonors Visa just after the 1st April (say, 2nd or 3rd April), so my anniversary date is then. The deal is that if you have spent $40,000 on the card when your anniversary dates arrives, then you are upgraded to Diamond. From what I understand, if you're upgraded to Diamond on or after 1st April 2014, then you get to keep it until 30th March 2016, right?That way, every second year prior to 1st April (so, 2014, 2016, 2018, etc.) I spend the $40K on the card and get upgraded to Diamond and it lasts almost two years. Then just repeat the process in every second year.The only issue would be that there would be a period of downtime at Gold in early April whilst your previous Diamond membership expired and your new approval for Diamond membership is processed. For people on the Velocity Diamond deals, etc., how long does this processing take?This might be a way of getting off the constant searching for Hilton stays and nights. No longer will I be forced to stay at Hiltons to get the stays I need, or move between two Hiltons in the one city to get more stays. I can just focus on enjoying the benefits of Diamond (which I probably will do for about 30-40 nights a year, if not more!).What do you think?