Quitting CC apps - what cards to KEEP?
Feb 7, 2014 | 8:28 am
#16
Original Poster
Join Date: Jun 2012
Programs: AA EXP, Hyatt Globalist, AF Silver
Posts: 5,018
Ink is $95 a year though. Maybe I'll keep it for one more year to transfer to Hyatt. I spent a lot (both MS and legit purchases) on that card, maybe my AF will be waived for the year when it hits.
Feb 7, 2014 | 9:57 am
#18
Moderator: Travel Buzz
Join Date: Aug 2012
Location: Sunny San Diego
Posts: 3,177
Feb 7, 2014 | 10:50 am
#19
Join Date: Oct 2007
Location: DFW
Programs: AA EXP, Marriott Gold, Hilton Diamond, Hyatt Plat, CC Gold, IHG Plat Amb, Choice Plat
Posts: 306
Also BOFA has a better balance rewards card which gives $25 per quarter just to charge and pay in full monthly...may be you can convert your AS card to this. I just did this with their hawaiian card when annual fee was due.
Keep ink bold and downgrade CSP instead of closing it. Having one UR transfer card will be always useful and I doubt bold will be downgraded. I was just denied for ink plus.
SPG you can convert it to any non-annual fee card (BCP?) to keep the credit line
Feb 7, 2014 | 11:25 am
#20
Join Date: Dec 2003
Location: CA
Programs: BA, AA, United
Posts: 430
Chase is giving statement credit for pretty much everyone I think. I got a statement credit for 4 cards (self + SO for bold and ink+). Also the chase retention offers thread has similar data points from many other FT'ers.
Feb 7, 2014 | 11:44 am
#21
Original Poster
Join Date: Jun 2012
Programs: AA EXP, Hyatt Globalist, AF Silver
Posts: 5,018
I'm paying the $250 for the first card. If others report that their miles are not taken back by Citi/AA without paying the AF then I will spend $10K in one month on the second one, pay it off, and then cancel before the fee hits.
Feb 7, 2014 | 12:25 pm
#22
Join Date: May 2013
Posts: 747
Feb 7, 2014 | 2:34 pm
#23
Join Date: Jan 2012
Posts: 757
51 days is Citi's stated policy - *IF* it falls into the CARD ACT's 45 day cooling off period (basically if any term is adverse to the borrower, AF, interest rate, fees, whatever). I recently converted two cards to Dividend. The TY Pref got the 51 day treatment. The AA Bronze got converted and shipped out w/i 10-14 days.
Mar 29, 2014 | 10:07 am
#24
Join Date: Jan 2013
Programs: AA, SPG, MR, UR, Cash Back!
Posts: 606
51 days is Citi's stated policy - *IF* it falls into the CARD ACT's 45 day cooling off period (basically if any term is adverse to the borrower, AF, interest rate, fees, whatever). I recently converted two cards to Dividend. The TY Pref got the 51 day treatment. The AA Bronze got converted and shipped out w/i 10-14 days.