@iNathanDrake wrote:Hello everyone, I'm new to the forums and fairly new to the credit building world. I was hoping to get some better explained information regarding American Express cards and some of my other credit cards. It's a lot to read I know, so I'll seperate it by category so you can just read what you need.
Some minor background on myself and my cards and score
I'm currently 22, I work full time and am currently in possesion of 3 Credit Cards and 1 on it way in the mail for a total of 4 accounts. I recently closed a card I had from Credit One bank as I didn't agree with their annual fee and preffered to keep my cards from well known creditors like Chase and Amex.
I starting out so my score isn't amazing or anything. I in the mid to high range 600s. I currently have a QuickSilver Credit card from Capital One that was recently upgraded as an offer from my Capital One Journey card. This was my first and oldest credit card. My 2nd Card was Credit one bank which is now closed. 3rd Card is a Best Buy Credit Card, and 4th is a Chase Freedom (Not unlimited new one).
My Experience with Amex so far
I've heard alot about Amex and how good and prestigous it is. Yesterday I decided to try applying for a card, since I am just starting out I didn't wanna get myself into any hefty annual fee's so starting with Blue Cash Everyday seemed like a good idea. For anyone who knows about this card, is it worth having? I was approved for the card but was not pleased with my credit line amount as my other cards were more generous. So I read about the harm in canceling a card right after opening and it is minimal to none. I contacted customer support and explained to them that I was interested in closing my card and account due to the limit. I know that might seem kinda childish or so, but I don't intend to have too many credit cards. I more or less want to have 3 credit cards with high limits for my uses, and 2 at most retail cards like best buy and another. So wasting one of my 3 slots on such a low card seemed like a bad idea. She insisted that I contact their credit line team to request an increase. When I explained to her that that would cause another hard inquiry on my account and for that I'd rather apply for another card from one of my current creditors, she said she understands completely but that in her experience she highly reccomends that I call them and that I might be able to receive the line im looking for.
My Question regarding my situation with Amex
So my main question aside from general advice with credit cards and all is, should I contact them and keep my Amex Blue Everyday Cash CC? Is it a good card? Is it worth having? Or should I just go ahead and close it? What benefits are there to the card, as well as my current cards? I am 100% new to all of this, I have my own understanding of how it all works, but learning more seems like a very smart move to better educate myself on the matter. I thank everyone in advance who takes the time out of their day to help a beginner out!
Welcome to the Forum and the Credit world!
You seeem to have a decent start into your credit adventure. If anyone, in their response, seem to be a little hash, don't take it personal 
It is for our good and to be straight to the point. MAkes things easier. Now, one mistake you made is to apply for a credit card before you ask the questions or do a research about it, and now you want to close it. You said it is a low limit, but you did not mention your approval limit, and the limit you were expecting, and also the limit and the balance on your other cards and how long you had your other cards. These are all data points that creditors use when determining your approval, and your starting limit. BCE is a very good card. I got mine in Dec. and i love it. Amex is very generous when it comes to credit limit increases. You can use the card for 61 days and ask for cli on 61 day, up to your 3X initial limit. So if your approval was for $1000, you are likely to get a cli up to $3K in 2 months, and another 3X 6 months after that. So it is very likely to take a $1K card and increase your limit to $9K in just about 8 months. I would definitely keep the card, unless you are in to travel / hotel points and such; which in that case you applied for the wrong card to begin with. BCE will give you cash back that you can use towards statement credit. Let us know your approval amount and the limit / balance on your other cards you currently have, and we can help you further make a decision.
@iNathanDrake wrote:Thank you for the quick answers, I generally pay for my groceries, gas, etc with my debit card when I had the funds available. IF not i'll plan out what I need, charge it on one of my cards, and when I get my pay check, pay it off immediately. I don't know how bad or good that is? I guess I just feel, if I can pay for it, don't use someone else's money. Is that a bad mind set? Thanks!
The AF wasn't the biggest issue, so much that I wanted to keep my credit cards from bigger better known creditors. I'd rather see Chase then Credit One, I'd rather see Capital One, than seeing Milestone. I don't mean it to sound pretentious or anything, just personal preference. And as far as annual fee's, I don't know much about making use of your credit card benefits outside of just putting it towards balance payment. So I don't know how I feel about paying annual fee's and not taking advantage of what I'm paying for, because of this reason I tend to stick to No AF cards.
I am going to call Amex's Line increase line during my lunch break to explore the options the rep had suggested. Will post here to update within 2 hours!
Stop
Ignore the CSR and what they told you about a CLI =HP
I'll edit this post in a minute with more info
And stop using that debit card today Lol
Edit to add
Start using your BCE for gas and groceries that's what the card is designed for and no more debit card unless you need some cash
Change your mindset of using someone else's money this is what you want to do
Be rewarded for the use of a free loan in this cards sake 3% and pay off monthly in full
Just be sure not to over spend.....spend as normal that's it
Now I see nothing wrong with the limit they started you with and in fact it's in line with your others limits not counting BB which is a store card
Are you aware that in 61 days you can request a SP CLI on the card and if approved it then become your largest limit of all cards?
You haven't proven yourself with big banks yet and so don't expect large limits but if you manage Cap1, Chase and Amex good for a year the doors will open
I have to now grade you for your research on the product before you applied D-
All hope is not lost if you keep your emotions out of the equation and except the makeup paper due in 62 days 
