Amex Platinum ( airline credit)

[shmooz]

Clear your browsers . I got one to work

But look here http://www.dansdeals.com/forums/index.php?topic=11058.msg137257#msg137257 before you apply . Doesnt seem to be guaranteed at all

Were you able to click thru to the actual application, all i can get is aa screen that has the offer but clicking apply now doesnt bring an application. thanks for heads up on what you actually may get

[moishyco]

I was just approved for the Amex Platinum and i met my spending threshhold...

So the next step is to claim my Sign up bonus.... Does anyone know what bonus ID to use when claiming the 50000 points... im assuming the 5478 doesnt work anymore


looking forward for some info!!

i have screenshot of 50k offer    will that be any leverage??

[AJK]

All sounds good except that because there is no listed Credit line on a charge card i'm pretty sure cancelling it does not hurt your credit because your overall credit line does not go down.

This is simply untrue.

[AsherO]

This is simply untrue.

I seem to remember seeing CLs on charge cards that were reporting high-balance for the month (not the life of the card). This may have changed.

[joeb1]

This is simply untrue.

ajk you are correct

[DBpoints]

Please explain how it has a negative affect on your credit.

[AsherO]

Please explain how it has a negative affect on your credit.

The way they report the CL may effect your credit score (by affecting your utilization). Closing the account might also affect your 'average age of accounts', which is a factor in your score.

[DBpoints]

The way they report the CL may effect your credit score (by affecting your utilization). Closing the account might also affect your 'average age of accounts', which is a factor in your score.

But there is no Credit Limit Reported with any Agency it had a "-" where there is usually an amount. If I understand correctly the only negative affect would be from the reported high balance and length of history correct?

Also, Quick question - Since a large amount of your credit is determined by the average length of your cc.  I have a few old cc ( no annual fee or bonuses ) that i've had for 10+ years . I've really only been working the bonus game for a year or so. If i understand correctly, in regard to history ( i realize cancelling will effect overall limit and utilization) if I cancelled all of the cards i've acquired in the last year and only leave open the ones with 10+ years. will those be the only taken for the average or closed accounts as well?

[AJK]

ajk you are correct

Why, thanks.

But there is no Credit Limit Reported with any Agency it had a "-" where there is usually an amount. If I understand correctly the only negative affect would be from the reported high balance and length of history correct?

There may not have been a credit limit reported on your charge card, but IME (like NPSL) cards, the high balance is reported as the CL. Thus, closing the card would have a negative effect on your credit score as your utilization will--all things being equal--go up.

[Sammy12345]

If there is a zero balance on the card and u want to close it I don't understand why it will effect your credit score can someone please explain I am trying to figure this out

[AJK]

If there is a zero balance on the card and u want to close it I don't understand why it will effect your credit score can someone please explain I am trying to figure this out

Google credit card utilization AND score