I contemplated giving my AmEx BCP the boot in 2013, B/C i hate paying an AF for a CC, even if I tend to re-cap the AF with rewards gained. Although, BCP is my oldest trade-line I was not concerned about a nose dive in my credit score, what goes down will come back up & vice versa. So I called AmEx spoke with a front line CSR about closing acct, transferred to retention dept., and they lowered my APR down from 10.24% to 8.24% and lowered my AF from $75 to $25, so i folded!
L-TWT wrote:I contemplated giving my AmEx BCP the boot in 2013, B/C i hate paying an AF for a CC, even if I tend to re-cap the AF with rewards gained. Although, BCP is my oldest trade-line I was not concerned about a nose dive in my credit score, what goes down will come back up & vice versa. So I called AmEx spoke with a front line CSR about closing acct, transferred to retention dept., and they lowered my APR down from 10.24% to 8.24% and lowered my AF from $75 to $25, so i folded!
Wow, I didn't know they would be flexible with the AF on BCP. Would try it now except it is useful (and, via backdating, my oldest TL going back to 1987) and don't want them to call my bluff and close....
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