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Frequent Contributor
GaTech
Posts: 374
Registered: ‎02-10-2013
0

Re: American Express Platinum charge card cancelled...?

I guess so lol

As of 1/10/2014 EX FICO - 748. EQ FICO - 728. Trans FICO - 755

WellsFargo - $3,000 AMEX BCE - $18,000 Chase Freedom - $4,000



New Visitor
Hakaslak
Posts: 7
Registered: ‎01-15-2009
0

Re: American Express Platinum charge card cancelled...?

Honestly I have no clue what happened. I applied for a platinum Amex card two years later and was approved again... I don't use it anymore but that's that. They didn't instantly close it this time. My monthly revolving was about 8k. After I joined a company and stopped consulting I stopped the card.
Frequent Contributor
SuperKirby
Posts: 487
Registered: ‎02-08-2013
0

Re: American Express Platinum charge card cancelled...?

4 years later, he arose from the dead! LoL. 

 

Maybe it was your revolving 8K? So what cards do you use now days?

     
New Visitor
Hakaslak
Posts: 7
Registered: ‎01-15-2009
0

Re: American Express Platinum charge card cancelled...?

Just a discover card. I spent way too much, learned the hard way by going 40k into the hole. I'm at about 9k left now and glad I didn't take the bankruptcy route.
Frequent Contributor
SuperKirby
Posts: 487
Registered: ‎02-08-2013
0

Re: American Express Platinum charge card cancelled...?

[ Edited ]

Yes, high revolving can easily result in bank's closing your credit card account. In addition since they're private, they have the right to not give u a reason. Just like I can tell anyone to get off my property without a reason (weird example but u get the point). But good for you, 31K off is great. I was once 11K in the hole and learned the hard way as well. Keep up the good work and it will always pay off.

 

I love how it says you're a new visitor to this forum but you registered 4 years ago. lol

     
New Visitor
Hakaslak
Posts: 7
Registered: ‎01-15-2009
0

Re: American Express Platinum charge card cancelled...?

I still have the amex.... Just never use it. Lol.
Frequent Contributor
SuperKirby
Posts: 487
Registered: ‎02-08-2013
0

Re: American Express Platinum charge card cancelled...?

Woah really? You pay $450 a year for it still? Do you use anything else from the card? Like lounge passes? Airline credits?

     
Moderator Emeritus
webhopper
Posts: 7,230
Registered: ‎09-16-2011
0

Re: American Express Platinum charge card cancelled...?

Hi! Welcome back to the myFico forum!

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
0

Re: American Express Platinum charge card cancelled...?

Stick around the forums this time :smileyhappy:

 

I'm sure you have knowledge to share and things to learn.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Frequent Contributor
SuperKirby
Posts: 487
Registered: ‎02-08-2013
0

Re: American Express Platinum charge card cancelled...?

Darn, looks like he left again =(

     

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