Misc Credit Card Questions

[ADG]

similar question. with both my biz and personal spg cards coming up with af now, what compelling reason is there to keep one or both open?

I can answer that- keep one card cuz the miles are being bought at 1.9 i.e the most valuable mile 

[12HRS]

I can answer that- keep one card cuz the miles are being bought at 1.9 i.e the most valuable mile

1.5 MR x 1.5 value with EDP + BP = 2.25

[Luvtotravel]

1.5 MR x 1.5 value with EDP + BP = 2.25

so are you saying that theres no reason to keep it if I have EDP and Biz Plat

[ADG]

1.5 MR x 1.5 value with EDP + BP = 2.25

Also Fredom +CSR =2.25

But note you are also paying much bigger fees on those combos

but back to the topic of misc credit q. 

Care to comment on my OP?

[Wizard]

I would like to cancel one of my SPG cards (because AF) My consumer card has 12k credit line and my business has a 3k line. I know the business card has some aspects that make it better (i.e dont report to CB) but the 12k line is also good for my credit.

My question is can I move over the credit line from consumer to business -and if I can- will that be considered as losing the CL from my personal credit file?

TIA

I believe you can move CL from personal to biz but will not show on report so not good. Do you have another Amex personal card you can move the CL to when you close then SPG Personal? If not, consider getting one...

[Wizard]

similar question. with both my biz and personal spg cards coming up with af now, what compelling reason is there to keep one or both open?

Keep biz open - doesn't report to CBs - but move SPG personal CL to another Amex personal card so don't lose that CL on report.

[PillanSmye]

Keep biz open - doesn't report to CBs - but move SPG personal CL to another Amex personal card so don't lose that CL on report.

Unless you have utilization issues, who cares about the CL being "on report"?

[Wizard]

Unless you have utilization issues, who cares about the CL being "on report"?

Nice to have a card that you don't need to pay until due date..

[ADG]

Thank you for your input!

[a good yeshiva bachur]

I can answer that- keep one card cuz the miles are being bought at 1.9 i.e the most valuable mile

so its worthwhile to transfer MR to SPG?

[mmgfarb]

I can answer that- keep one card cuz the miles are being bought at 1.9 i.e the most valuable mile

In what universe?

[mmgfarb]

so its worthwhile to transfer MR to SPG?

No

[a good yeshiva bachur]

No

why?

[lechatchileh ariber]

They only have a high rate if they haven't been transferred in

[mmgfarb]

why?

They transfer at a 3:1 ratio.

[a good yeshiva bachur]

They transfer at a 3:1 ratio.

right, my bad, wasn't thinking

[mmgfarb]

right, my bad, wasn't thinking

Happens to the best of us.

[metsgiantsfan]

Carlos & Gabbys is clearly a restaurant, however chase Reserve does not have them categorized as one; therefore I dont get 3x points. I just noticed this and sent them a secure message but they said they arent a restaurant merchant and they wont give me the credit-I even sent them the website. How do I get chase to charge merchant them as a restaurant?

[LoLo]

Carlos & Gabbys is clearly a restaurant, however chase Reserve does not have them categorized as one; therefore I dont get 3x points. I just noticed this and sent them a secure message but they said they arent a restaurant merchant and they wont give me the credit-I even sent them the website. How do I get chase to charge merchant them as a restaurant?

Chase won't change it, ask the restaurant. Although you can huca for Chase to give you 3x as a one time exception.

[TimT]

HUCA nicely