Upgrade from Gold to Platinum [USA] [Consolidated]
Sep 27, 2018, 11:10 am
#395
Join Date: Feb 2014
Location: PHL, LHR
Posts: 219
I've had my PRG for just under the 90 day threshold and have been considering at some point in the near future to upgrade to Platinum to replace my Citi AA Executive. With the new benefits coming up on the PRG, I'm now going to keep that card as the benefits totally outweigh the AF for me. So it makes sense to apply new for the Plat. A few minutes ago I got pinged with a 75,000 offer w/ $5k spend for the Platinum. Should I go for it now? Or is it wise to wait another few weeks till I hit 90 days for credit score reasons but risk losing out on the the 75k offer? Will there be unnecessary red flags raised b/c I'm under 90 days? Any thoughts/insight would be great.
Sep 27, 2018, 11:15 am
#396
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Sep 27, 2018, 11:18 am
#397
Join Date: Feb 2014
Location: PHL, LHR
Posts: 219
From what I understand, applying for 2 cards within a 90 day period is a red flag no-no. In other words, a totally avoidable credit issue if I'm patient and just wait a few more weeks till the 90 days passes (but again, probably risk losing the 75k offer in the short term). Is the 90 day thing not true, or not that big of a deal?
Sep 27, 2018, 11:21 am
#398
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Sep 27, 2018, 11:38 am
#401
Join Date: Feb 2014
Location: PHL, LHR
Posts: 219
FWIW, a lot of those posts in the link you shared about people who successfully were approved for multiple cards in a short amount of time (i dont think approval is an issue for me) - but none (that I could tell) reported the overall impact on their credit score on those decisions, which was more my initial question/concern... I'm OK with a 1-2 point hit for the pull, but it would be annoying to see an 8-10 point drop for simply being impatient
Jan 24, 2019, 12:08 pm
#403
Join Date: Dec 2014
Programs: UA Silver (woohoo), Hyatt Explorist, Hilton Gold, Marriott Gold
Posts: 24
Have platinum and thinking of downgrading or closing - I have trouble justifying the AF. Have had the card since 2013. ~20k annual spend - almost all on travel.
I've heard anecdotes about people downgrading to green (or gold) and receiving upgrade offers back to platinum. A co-worked downgraded and received a 100k bonus to upgrade 3 months later (pending they hit spend requirements). Said they've done this two time.
Has anyone else seen this? I'd be more open to a $550 AF if it came with another 60K bonus.
I've heard anecdotes about people downgrading to green (or gold) and receiving upgrade offers back to platinum. A co-worked downgraded and received a 100k bonus to upgrade 3 months later (pending they hit spend requirements). Said they've done this two time.
Has anyone else seen this? I'd be more open to a $550 AF if it came with another 60K bonus.
Jan 24, 2019, 1:38 pm
#404
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Jan 25, 2019, 10:47 am
#405
Join Date: Aug 2015
Location: SFO
Programs: AS 75K (OW), SK Silver (*A), UR, MR
Posts: 3,346