Can I change my bank of america Amex card to some other amex card for example costco amex card?
I dont want to lose history by closing boa amex and opening a new amex card.
Those are 2 different banks. You have a card from BofA that uses the AMEX network.
The Amercian Express Bank offers the Costo and many other AMEX network cards.
You can have both however.
Your Bofa Amex is a co-branded card. Has the Amex logo but issued by Bofa.
It is not a co-branded Card. It has the single brand which is the AMEX network.
A co-branded card is a Nework and a store brand, like Costco AMEX, Best Buy Mastercard.
The confusion arrises because AMEX and Discover started out as both the Bank and the Network.
if you don't want to lose the history, find another card from BOA that you like and call them see if they can do a product change from your old BOA Amex to new BOA card, that way it'll still be old line/history and no new accounts etc.
it has worked in the past but obviously it's ymmv.
Apply for better Amex card like costco amex or amex blue cash..and close this boa amex card.
I was thinking if there was any way to avoid credit score getting dinged...by changing one amex to better amex card.
You have to do a new application for those which are American Express Bank.
You could product change the BOA later to keep BOA history.
I got a costo flyer - $75 statement credit for opening a costco amex card. I want to apply finally now.
-What will be the approximate decrease in credit score due to this application? (5 or 7 or....)
-I want to add my spouse as AU on this card? Will it show in her credit reports?
After I get this card, i will not use the BOA Amex card.
-I have this card since 2006. I also have a BOA MC from 2004.
-Is there any way I can transfer the BOA Amex history to BOA MC (even though BOA amex has a shorter history than BOA MC) and close the BOA Amex card?
-Will there be any credit score impacts due to the above?
Thanks in Advance.