Reply
Regular Contributor
a3quit4s
Posts: 211
Registered: ‎03-07-2013
0

Re: Should I close my Zync with $500 limit

and $625 in annual fee's (in the 2nd year of course)


EQ 733 3/3/13 GOAL: 800 Merrill Lynch Merrill+ $12,500 | AMEX BCE 6K | AMEX PRG NPSL | CSP 6K | Freedom 5K | Discover IT 5K | HVFCU 10K | American Eagle Visa 5K | Citi Thank You Preferred 6,100

In the garden since 4/22/13 | Hating on Capital One since '09
Regular Contributor
jm00ser
Posts: 156
Registered: ‎07-11-2012
0

Re: Should I close my Zync with $500 limit

I've read some blog posts as well as some posts on here that PRG and Platinum can actually complement each other quite nicely, assuming a decent amount of travel and most if not all spending on the PRG! (Platinum just for the benefits... points earnings are meh)

In full gardening/ debt annihilation mode! (4/15/13)
Notre Dame FCU Visa 0/2k (8/04); CapOne Best Buy 800/1.5k (7\06)
Citi Thank You World MC 4800/9.7k (1/11); Amex Zync NPSL (9/11)
Chase Freedom Visa 1600/3.8k (9/11); Chase Southwest RR Premier Visa Signature 4300/10.7k (6/12); Discover It 0/3k (7/12)
EQ: 751 (4/1/13) EX: 742 (4/8/13) TU: 732 (4/8/13)
Established Member
waihao0405
Posts: 32
Registered: ‎02-21-2013
0

Re: Should I close my Zync with $500 limit

[ Edited ]

If me I wouldn't keep both card since both have a high annual fee... They sent me preapproved upgrade from my prg to platinum card but the annual is kinda too high for me and I don't really use that benefit so I didn't take it,,

Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: Should I close my Zync with $500 limit


jm00ser wrote:

I've read some blog posts as well as some posts on here that PRG and Platinum can actually complement each other quite nicely, assuming a decent amount of travel and most if not all spending on the PRG! (Platinum just for the benefits... points earnings are meh)


This combination makes sense for a certain type of spender.

 

If you travel extensively and are a heavy spender, then you'd use the PRG for airfare, gas and groceries. The Amex platinum would be used for the benefits such as lounge access. Often people with this kind of spenidng profile add the CSP for dining and/or SPG for non-bonus category spend.

 

For those who aren't heavy spenders and travellers, keeping both past the first year won't make much sense due to the high AFs.

FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+