Multiple Charge Cards from AMEX Advice Needed!!

[Anonymous]

Hello all! Long time lurker big fan! Okay so I applied for the Green Card on AMEX website on 11/1/13 was not instantly approved got "Having system difficulties please return in 24 hours" message around 12AM after that app I also submitted an app for Delta Gold Skymiles Credit Card Got "Thank you for you application" email around 5 AM that morning app is in progress. Called around 8AM on Saturday. Put me on hold for about 2-5 minutes. Told me I was approved for Green as well as Delta Gold Sky Credit Card. Showed approved on status website.

Called later saying I meant to apply for Premier Rewards said I could not be changed to PRG I had to request an upgrade for the Green or submit a brand new application for Premier Rewards Gold. I told him I would think about it hung up compared the both and decided the PRG is better for me due to bonus at 30k in 12 months w/ 15k MR points. and 3x at flights and 2x points gas stations and supermarkets.

Apped for PRG on 11/5/2013 same thing got please check back within 24 hours. Got in progress around 5 am called in at 8AM got approved and said would be expediting shipping but did not provide account number or CID like I seen before in approval.

My question is if the green has not been activated can I just close it do I have to keep it? Would it be suspicious if I kept both or what anyone have experience with multiple PERSONAL charge cards. (Plat, Green, Zync, Gold, PRG)

[Walt_K]

Not suspicious to have two.  I have a Platinum and a PRG.  Was the AF free for the first year for the Green card?  If so, I'd keep until the AF comes due.  If not, I would probably cancel the Green card.  Really no reason to have a Green card and a PRG.

[Anonymous]

Yes one of the AFs waived. Will the limits on them be exactly the SAME or be split 50/50

[09Lexie]

Welcome to the forum. You will need to check to make sure you will receive the sign up bonus on the PRG since you were approved for the Green within 90 days.

[Walt_K]

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@Anonymous wrote:

Yes one of the AFs waived. Will the limits on them be exactly the SAME or be split 50/50

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If they're split 50/50 then they are exactly the same, no?  Honestly, I don't know how Amex evaluates your internal limit on multiple charge cards.  Remember these are NPSL.  Not sure if they have one common limit between the two cards or if they evaluate them separately based on the spending patterns on each individual card.

ETA: You said one of the AFs is waived.  I know the PRG waives for first year, just wasn't sure what the current offer is on the Green.  If the Green is charging you a $95 AF, if it were me, I wouldn't pay it.  There's really no benefit on the Green that the PRG doesn't meet or exceed.

[Anonymous]

Thanks! Lexie, I am not positive on the offer but the 3x points on travel is my main expenses and what I would be using to put purchases on. On PRG Use points for rewards from over 500 brands. Transfer points to over 20 airline and hotel partners or use points for gift cards and merchandise.‡ Green it says Use points for rewards from over 500 brands. Transfer points to 17 Frequent Flyer programs and 5 frequent guest programs or use points for gift cards and merchandise.‡

How does closing a charge card within a week of opening affect scores or AMEX relationship

[09Lexie]

The offers are important unless the 30k MRs and AF waiver are not valuable. As far as closing the cc, that wouldn't be an issue. The affect on your score will be from the ding to your AAOA and the multiple HPs.

[Anonymous]

So I can just close it and it would not have any lasting effects.

Other than 2 HPs (1 for Delta Gold and Green) (1 for PRG approval)

3 new accounts even if I close one?

[Anonymous]

I edited my thread title to correct typo however; replies still reflect the incorrect spelling of Mulitple. lol Help

[09Lexie]

I would ask them to cancel the Green so that it doesn't report to CRs. Generally speaking, an inq can ding a score 2-5 points. Depending on the thin/thickness of the file will determine the impact to your CS.