topic Re: Closing Amex Gold in Credit Cards

Closing Amex Gold

Anonymous — Tue, 30 Jun 2015 23:43:00 GMT

Hi,

How does closing Amex Gold Rewards affect my credit history/score?

Thanks

Swapnil

Re: Closing Amex Gold

EddieK — Wed, 01 Jul 2015 02:13:23 GMT

It won't. A closed card will stay in your file for 10 years. And since the Amex Gold card is a charge card, it won't affect your utilization.

Re: Closing Amex Gold

Anonymous — Wed, 01 Jul 2015 02:19:58 GMT

@Anonymous wrote:
Hi,

How does closing Amex Gold Rewards affect my credit history/score?

Thanks
Swapnil

Welcome to MyFico... There is a lot that goes into FICO scoring. So this will have minimal impact and will still report for 10 years.

Re: Closing Amex Gold

MyDataMyChoice — Wed, 01 Jul 2015 02:33:49 GMT

How long have you has the card? Amex no longer back dates... id keep it open.... or PC to another charge... call and ask for a free year or reduced rate... can't hurt

Re: Closing Amex Gold

iMacDrew — Wed, 01 Jul 2015 03:07:03 GMT

Amex stopped backdating?

Re: Closing Amex Gold

Anonymous — Wed, 01 Jul 2015 03:13:50 GMT

@iMacDrew wrote:
Amex stopped backdating?

Yes

Re: Closing Amex Gold

SOGGIE — Wed, 01 Jul 2015 03:44:08 GMT

@JTC403 wrote:
How long have you has the card? Amex no longer back dates... id keep it open.... or PC to another charge... call and ask for a free year or reduced rate... can't hurt

Does AMEX not allow the OP to PC from a charge to a revolver?

Re: Closing Amex Gold

myjourney — Wed, 01 Jul 2015 03:52:50 GMT

@SOGGIE wrote:
@JTC403 wrote:
How long have you has the card? Amex no longer back dates... id keep it open.... or PC to another charge... call and ask for a free year or reduced rate... can't hurt
Does AMEX not allow the OP to PC from a charge to a revolver?

No charge to charge

Revolver to relvover

Re: Closing Amex Gold

SOGGIE — Wed, 01 Jul 2015 03:56:40 GMT

@myjourney wrote:
@SOGGIE wrote:
@JTC403 wrote:
How long have you has the card? Amex no longer back dates... id keep it open.... or PC to another charge... call and ask for a free year or reduced rate... can't hurt
Does AMEX not allow the OP to PC from a charge to a revolver?
No charge to charge
Revolver to relvover

In that case, I would never want their charge. I don't blame the OP for wanting to close.

Re: Closing Amex Gold

myjourney — Wed, 01 Jul 2015 04:00:54 GMT

On the contrary they have there perks that revolvers don't

Features

NPSL

Lounge privileges

Better point system and redemption

No FTF in some cases

Airline credit

etc etc

Just depends on what you spend on and the features that best suit you

Re: Closing Amex Gold

Jeff532003 — Wed, 01 Jul 2015 04:08:41 GMT

The 100 dollar airline credit makes it worth it. There are other nice perks too but I was considering how long is keep this card for. That perk made me feel it's worth it. Pays for my curbside check in and a few drinks and extra snacks on the trip for the family and I.

Re: Closing Amex Gold

SOGGIE — Wed, 01 Jul 2015 04:10:54 GMT

@myjourney wrote:
On the contrary they have there perks that revolvers don't
Features

NPSL
Lounge privileges
Better point system and redemption
No FTF in some cases
Airline credit
etc etc

Just depends on what you spend on and the features that best suit you

I suppose you are correct. I didn't look at it that way. Not thinking clearly due to gardening burnout. LOL

Re: Closing Amex Gold

SOGGIE — Wed, 01 Jul 2015 04:12:07 GMT

@Jeff532003 wrote:
The 100 dollar airline credit makes it worth it. There are other nice perks too but I was considering how long is keep this card for. That perk made me feel it's worth it. Pays for my curbside check in and a few drinks and extra snacks on the trip for the family and I.

That's good that you benefit as a cardholder Jeff.

Re: Closing Amex Gold

myjourney — Wed, 01 Jul 2015 04:19:01 GMT

@Jeff532003 wrote:
The 100 dollar airline credit makes it worth it. There are other nice perks too but I was considering how long is keep this card for. That perk made me feel it's worth it. Pays for my curbside check in and a few drinks and extra snacks on the trip for the family and I.

Agreed use to be you would just downgrage to green but now with the $100 credit it makes the AF $95 and with all the added perks I'm keeping mine

Re: Closing Amex Gold

myjourney — Wed, 01 Jul 2015 04:19:57 GMT

@SOGGIE wrote:
@myjourney wrote:
On the contrary they have there perks that revolvers don't
Features

NPSL
Lounge privileges
Better point system and redemption
No FTF in some cases
Airline credit
etc etc

Just depends on what you spend on and the features that best suit you
I suppose you are correct. I didn't look at it that way. Not thinking clearly due to gardening burnout. LOL

Lol rest and keep up the good work my fellow GC member

You're doing a wonderful job

Re: Closing Amex Gold

SOGGIE — Wed, 01 Jul 2015 04:25:10 GMT

@myjourney wrote:
@SOGGIE wrote:
@myjourney wrote:
On the contrary they have there perks that revolvers don't
Features

NPSL
Lounge privileges
Better point system and redemption
No FTF in some cases
Airline credit
etc etc

Just depends on what you spend on and the features that best suit you
I suppose you are correct. I didn't look at it that way. Not thinking clearly due to gardening burnout. LOL
Lol rest and keep up the good work my fellow GC member
You're doing a wonderful job

Thanks MyJourney! Resting for me would be refraining from frequenting the Approval threads. LOL

Re: Closing Amex Gold

myjourney — Wed, 01 Jul 2015 04:30:47 GMT

@SOGGIE wrote:
@myjourney wrote:
@SOGGIE wrote:
@myjourney wrote:
On the contrary they have there perks that revolvers don't
Features

NPSL
Lounge privileges
Better point system and redemption
No FTF in some cases
Airline credit
etc etc

Just depends on what you spend on and the features that best suit you
I suppose you are correct. I didn't look at it that way. Not thinking clearly due to gardening burnout. LOL
Lol rest and keep up the good work my fellow GC member
You're doing a wonderful job
Thanks MyJourney! Resting for me would be refraining from frequenting the Approval threads. LOL

Yep you got it ....

Sometimes you just have to walk away ...I do research on something else credit related other than the approval forum Lol

Re: Closing Amex Gold

SOGGIE — Wed, 01 Jul 2015 04:34:40 GMT

@myjourney wrote:
@SOGGIE wrote:
@myjourney wrote:
@SOGGIE wrote:
@myjourney wrote:
On the contrary they have there perks that revolvers don't
Features

NPSL
Lounge privileges
Better point system and redemption
No FTF in some cases
Airline credit
etc etc

Just depends on what you spend on and the features that best suit you
I suppose you are correct. I didn't look at it that way. Not thinking clearly due to gardening burnout. LOL
Lol rest and keep up the good work my fellow GC member
You're doing a wonderful job
Thanks MyJourney! Resting for me would be refraining from frequenting the Approval threads. LOL
Yep you got it ....
Sometimes you just have to walk away ...I do research on something else credit related other than the approval forum Lol

Yes. So I'm hanging out in the garden club thread now. Going to try to encourage others. Hopefully I'll encourage others and in return, I'll lose the drab feeling.