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Valued Member
Posts: 42
Registered: ‎02-17-2012
0

Using Amex only advice

So in February me and my wife got the amex zync card and have been using it like crazy for everything. Get the MR points with on debt I love it and it does not go against your util. my question is if i dont use my visa or mastercards at all will they close them? Has anyone had that happen?

Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Using Amex only advice


Joecooltech wrote:

So in February me and my wife got the amex zync card and have been using it like crazy for everything. Get the MR points with on debt I love it and it does not go against your util. my question is if i dont use my visa or mastercards at all will they close them? Has anyone had that happen?


I really thinking about doing this myself. My overall util. is growing by the week and its frustrating me. I don't thin kthey will close as long as you run a little something through them at least once every other month.




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Valued Contributor
Posts: 2,982
Registered: ‎02-09-2012
0

Re: Using Amex only advice

I opened the Barclays Apple Visa, just so I would have a card, in the event my Amex would not be accepted.  This has happened twice unexpectedly, so thankfully I had the Visa branded card (I stopped using debit card(s) a few months ago) to carry the load those two times.

5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

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Frequent Contributor
Posts: 498
Registered: ‎01-29-2009
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Re: Using Amex only advice

what i have done on the few cards i care to make sure they stay open is to add the small reoccurring charges i have in my life to the cards and have them set up as autopay.

Starting Score: 680
Current Score: 761 From 12/11/2013
Goal Score: 800


Senior Contributor
Posts: 4,694
Registered: ‎02-23-2011
0

Re: Using Amex only advice

The best thing to do is to run some small recurring bills through the cards you aren't going to use.  For instance, on a mobile phone bill, I'll split the payment between a few cards just to ensure there's monthly activity.

 

Leaving a card dormant too long can lead to account closure.

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