Originally Posted by
loungesong
I've read what feels like thousands of posts...
I didn't initially get this card to cancel immediately after earning the 100K bonus miles, but the situation seems to be presenting itself.
I had a big purchase coming up so I charged the $10,000 in the first few days upon receiving the card. My statement date isn't for another three weeks.
If I wanted to get out of the annual fee, should I just keep watching my AAdvantage account for the 100K miles, then cancel the card? Should I send them a payment for the balance first?
Would it be safe to apply for the Citi HHonors card in the meantime (I haven't applied for any other Citi cards in many years) and try to transfer some of the credit away from this card before I close it?
I don't have interest in "churning" this card again.
Thanks!
Brian
Hey Brian! Let me see if I can help you out and to all the senior flyguys and flygirls please cut me some slack if I get this one wrong!
Keep the card open until the statement closes. Then wait for your miles to post to your AA account. They usually post one full day plus a few hours after midnight. So if your statement closing date is May 16th, check back on the morning of May 18th and they should be in your AA account. That said, apparently a lot of flyers have been having trouble getting their points to transfer properly - at which point you need to keep your account open until they transfer otherwise you will risk losing your 110K miles. (And read all the posts about people in similar situations!)
As long as you are past 8 days from when you applied for the AA card then you are good to go with the Hilton Visa. However, it's my understanding that they don't transfer credit from another card unless you actually have to call Citi. So, if you get an automatic approval, you won't have the opportunity to transfer the credit line. Hope this answer is correct, I'm sure I will be corrected if it's not.
I'm a NEWBEE too, and I've also read what seems like a thousand posts! Cheers!!