FlyerTalk Forums - View Single Post - Downgrading Amex Business Gold Rewards card or Premier Gold Rewards Card
Old Sep 10, 2015 | 10:44 am
  #5  
rythym05
 
Join Date: Sep 2015
Posts: 7
Originally Posted by bobert24
Maybe more importantly, your score probably won't take a hit. The business card doesn't report on your personal credit report. If it reports, it reports on your business credit report, which is completely different.

But do charge cards really report out on your credit reports at all? I had heard that they didn't, since they're charge, not credit. I'm not somewhere where I can verify right now, but it may be worth double checking. It's very possible that they're not currently reporting at all, so closing them would have no effect whatsoever.
I will open my card with my SSN instead of Tax Identification Number. I am only a small scale ebay seller doing my business part time.

Is it correct that closing charge cards have no impact on credit score ?
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