closing credit card while not effecting credit

[LYNDA]

I have a membership awards account for years.  I would like to close it due to the $175 annual fee.  They say that there is no option to downgrade it. I already have a blue card linked to it. Inorder to avoid effecting my credit score, is there a better option for closing this account?

[creditor]

I have a membership awards account for years.  I would like to close it due to the $175 annual fee.  They say that there is no option to downgrade it. I already have a blue card linked to it. Inorder to avoid effecting my credit score, is there a better option for closing this account?

closing a charge card won't necessarily effect your credit.

but why not try getting a retention bonus ? [call up to close card and ask them if they would offer you something MR points/credit to keep the account open

[Yeki89]

my friend just wanted to close this card. They offered him 25k if he spends 1k and a few other beenies, read more in the retention thread.

[123ablack]

my friend just wanted to close this card. They offered him 25k if he spends 1k and a few other beenies, read more in the retention thread.

Which department and number did he call?

[Yeki89]

Amex Membership Rewards: 800-297-3276

[mow]

Does it matter what time of day you call are the night shifts better or worse for retention

[creditor]

Does it matter what time of day you call are the night shifts better or worse for retention

retention, the way we civilians understand is a screen/system pop-up when calling to cancel card so it isn't really dependent on the rep your talking to.

just thinking to myself: maybe there are some exclusions on that, like talking to a supervisor. or,
as yeki98 said, talking to MR Dep, they might have more power honoring points

[Jkhein]

retention, the way we civilians understand is a screen/system pop-up when calling to cancel card so it isn't really dependent on the rep your talking to.

-1 and Depending which cc company. Its a special dept. That you will be put through to, who have the power to see this screen and perhaps still make changes to it.

[creditor]

-1 and Depending which cc company. Its a special dept. That you will be put through to, who have the power to see this screen and perhaps still make changes to it.

-2
1) he is talking about amex
2) `special department‘ who tells you that ? whenever I called,its just done by pressing ...... button to cancel your card and its by the account cancellation Dep that retention comes into picture
3) have you ever had [with amex] that they `made changes to it‘

[Jkhein]

-2
1) he is talking about amex
2) `special department‘ who tells you that ? whenever I called,its just done by pressing ...... button to cancel your card and its by the account cancellation Dep that retention comes into picture
3) have you ever had [with amex] that they `made changes to it‘

1) your (retention civilian explanation) looked very general.
2) not understanding
3) yes, Ive squeezed out more and more points.