Okay, I have 4 credit cards at the moment.
A Bank of America Preferred Visa: $7,000 credit limit.
American Express Blue: $8,000 credit limit.
American Express Clear: $7,000 credit limit.
Discover More: $5,000 credit limit.
My question is...would it be wise for me to combine/consolidate the two AmEx credit cards and just keep one? Does AmEx even allow for this to be done? I just don't like having two of their cards...it's just another extra thing to keep up with. It seemed like a good idea at first, but...
2007-08-07 12:07:18 · 5 answers · asked by JMR 1 in Business & Finance ➔ Credit
Amex does allow people to combine cards.
Amex would probably let you combine the Blue and the Clear.
I doubt they will allow you to combine co-branded cards like the BoA and Discover.
2007-08-07 13:19:13 · answer #1 · answered by echo 7 · 0⤊ 0⤋
Go ahead and close one of the American Express cards. Your credit score may take a small hit but it will rebound quickly.
2007-08-07 19:18:27 · answer #2 · answered by bdancer222 7 · 0⤊ 0⤋
If it is not an old card, you can close it without affecting your credit history
2007-08-07 19:12:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Go to: http://www.credit-card-gallery.com/american_express_credit_card.html and get all information about american express credit cards.
2007-08-08 06:49:18 · answer #4 · answered by Anonymous · 0⤊ 0⤋
American Express is EVIL and I wouldnt trust any of my information with the people that work there
2007-08-07 19:11:10 · answer #5 · answered by Typical White Person 3 · 0⤊ 1⤋