Another Credit Card Application?

You wouldn't believe this but I wanna risk applying for a new credit card and the curent economic developments dont scare me. This Visa card is special for me. It offers a bunch of irresistible rewards that i didn't dream of with my previous card.
I cancelled it, by the way. Paid off the balance and cancelled it. It did no damage to my credit rating as far as i see in the report so i'm pretty well done with it.
PS: credit rates dropping... take time to make a new deal before it becomes too costly.