Too Many Amex - Probably need to Clean House

[sammyfire2001]

I have:

Amex Everyday - Opened Oct 2018 - Limit 2500

Blue Cash Preferred - Opened Oct 2018 - Limit 5000 - Annual Fee $45 (Corporate Advantage Program) 

Platinum - Opened Jan 2019 - Annual Fee 400 (Corporate Advantage Program)

Gold - Opened March 2019 0 Annual Fee 150 (Corporate Advantage Program)

Delta Gold Opened March 2019 - Limit 7,5000 - Annual Fee 95 (First year waved)

So I have a few Amex and I'm thinking  I want to downgrade the BCP to BCE. I can keep the Everyday card because there's no annual fee. 

Any thoughts?

[RicHowe]

Close an AMEX?

[Anonymous]

Makes no sense to have all those cards. Close em up.

[AverageJoesCredit]

Why have any credit cards? Sheesh, Charlie Brown. Just go to the darkside, close all but one Amex and go with a Credit One 1% CB Visa, all your worries will fade away😏

[wasCB14]

Considering how new they all are, beware of bonus clawbacks if you close any.

I'd just stop applying for a bit and see what you like in terms of perks and rewards.

[pinkandgrey]

I would close any you don’t use. However, keep in mind that Amex will frown upon closing such recent cards. 

[sammyfire2001]

I'm not really considering closing a card.   I think I'm just going to downgrade the BCP card after the year mark

I was just wondering if anyone saw any other redundancies. 

[Anonymous]

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@sammyfire2001 wrote:

I have:

Amex Everyday - Opened Oct 2018 - Limit 2500

Blue Cash Preferred - Opened Oct 2018 - Limit 5000 - Annual Fee $45 (Corporate Advantage Program) 

Platinum - Opened Jan 2019 - Annual Fee 400 (Corporate Advantage Program)

Gold - Opened March 2019 0 Annual Fee 150 (Corporate Advantage Program)

Delta Gold Opened March 2019 - Limit 7,5000 - Annual Fee 95 (First year waved)

So I have a few Amex and I'm thinking  I want to downgrade the BCP to BCE. I can keep the Everyday card because there's no annual fee. 

Any thoughts?

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Just curious, how does this Corporate Advantage Program work? And for people already have the cards does it work on top of them as well?

[wasCB14]

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@sammyfire2001 wrote:

I'm not really considering closing a card.   I think I'm just going to downgrade the BCP card after the year mark

I was just wondering if anyone saw any other redundancies. 

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If you're actually going to spend on BCP, it doesn't take much spend at 6% back (vs. 3%) to merit a reduced $45 AF (vs. no AF). Many people happily pay $95 for BCP.

If you go the MR route, then put your grocery spend on Gold. I keep my BCE only for history and the very infrequent useful offer. ED is for whenever my limited supermarket spend doesn't go on Freedom or Discover.

So are you pretty committed to MRs over cash back?

[NRB525]

Congrats on the new cards with the Corporate Advantage AF rates.

Prolly a good idea to keep your same job, so you get those AF waivers