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I really don't like this card or the $95 AF and i hardly use it. Is it a bad thing not to have any usage for more than a statement period??
@Blueprint83 wrote:I really don't like this card or the $95 AF and i hardly use it. Is it a bad thing not to have an usage for more than a statement period??
IMHO no
If it doesn't benefit you then before the AF hits close it
Ok thanks. Just seems like the points dont really add up to the other rewards cards. I luv using the Chase Amazon rewards and Discover it.
@Blueprint83 wrote:Ok thanks. Just seems like the points dont really add up to the other rewards cards. I luv using the Chase Amazon rewards and Discover it.
Yeah it's a heavy spend card or it's not worth the AF
You could always change to the Amex "Senior Green" version with a $35.00 AF (no Membership Reward points), or $75.00 AF, with MR points.
This card was a fairly recent topic of Forum conversation, if you care to search for more information.
A word to the wise, I would get a revolver before you close the charge card just in case you aren't approved then it's just a SP.
I still don't understand why one would keep this card even with only a 35 annual fee.
What is the value in this card to you, Transmorgifying_Bee? Just very curious to see the value in it. -- As I'm thinking about closing mine, as well.
@myjourney wrote:
@Blueprint83 wrote:I really don't like this card or the $95 AF and i hardly use it. Is it a bad thing not to have an usage for more than a statement period??
IMHO no
If it doesn't benefit you then before the AF hits close it
+1
With the Amex ED cards, unless one needs the NPSL, there is absolutely *NO* reason to pay for the Green Charge.
@ KennyS2006 - - - I agree with your assessment of the Amex Green card. I renewed (@$35.00) for the year, but almost NEVER use this card anymore. I obtained the Amex BCE card last year and now have $24L CL on that card alone, and can probably get a CLI if I need it, which I don't for the foreseeable future! Hence, I will probably NOT renew my Green card next year. Hate to say goodbye to a card I've had for many years, but I am essentially wasting $35.00/year for basically sentiment's sake! My Amex BCE keeps me in their "family," and I can always reapply again in the future for a Green or maybe Platinum card (travel?) IF there's some benefit for me to have a NPSL card. With my decent CL on my Amex BCE card and some degree of NPSL latitude with my Chase Sapphire Visa Signature card, I should be well covered for any anticipated personal spending for the time being.
And as to having too many accounts, I have the same problem. Even though I have only 9 CC's, I plan on eliminating at least 2 or 3 cards. Definitely the Chase Amazon card (transfer my measly $1K CL to my Chase Sapphire card), and maybe closing one or both of my Capital One cards? Gotta think that through a bit more . . . !
@Transmogrifying_Bee wrote:@ KennyS2006 - - - I agree with your assessment of the Amex Green card. I renewed (@$35.00) for the year, but almost NEVER use this card anymore. I obtained the Amex BCE card last year and now have $24L CL on that card alone, and can probably get a CLI if I need it, which I don't for the foreseeable future! Hence, I will probably NOT renew my Green card next year. Hate to say goodbye to a card I've had for many years, but I am essentially wasting $35.00/year for basically sentiment's sake! My Amex BCE keeps me in their "family," and I can always reapply again in the future for a Green or maybe Platinum card (travel?) IF there's some benefit for me to have a NPSL card. With my decent CL on my Amex BCE card and some degree of NPSL latitude with my Chase Sapphire Visa Signature card, I should be well covered for any anticipated personal spending for the time being.
And as to having too many accounts, I have the same problem. Even though I have only 9 CC's, I plan on eliminating at least 2 or 3 cards. Definitely the Chase Amazon card (transfer my measly $1K CL to my Chase Sapphire card), and maybe closing one or both of my Capital One cards? Gotta think that through a bit more . . . !
I wondered what would be the reasons you might keep it. I thought well maybe it's just a good long trade line. Looks like I was right somewhat.
It's crazy.. I want to trim the fat, but I want to build muscle in the way of cards that have better value than the ones I have. Currently have a 2%-er card with the Arrival so that got rid of the 2% Fidelity that I was thinking about.. but I just can't get the Sallie Mae out of my head. lol
Thanks for the valuable input guy's.