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Thread: Current best deals for churning
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Old Mar 22, 2012, 9:23 am
  #14  
DavidAL
 
Join Date: Jun 2011
Location: AL
Programs: All of the Above
Posts: 1,374
Originally Posted by Tony3021990
I just got the AA personal Citi (Visa) a week ago. I co-own a business so i blew through my $3k min spend to get the 50K points in 1 hour. I really want to get the SPG Amex for business (15-20K/month spending) but do i have to wait a certain amount of time so my credit isnt hurt? I have 3 other personal CC w/ 75% balance. Vehicle is paid in full this month, discover will be paid in full when i get my tax return? Or does SPG business not care if I already signed up for the AA
I don't think you should be in the game till all your CC's have a $0 balance. The interest you'll pay will negate any miles earned. Yes, 75% balances most certainly hurt your score bad.
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