Too Good To Be True? (credit card)
#1
Original Poster
Join Date: May 2008
Location: PHL (kinda, no airport is really close)
Programs: AA Exp, but not sure for how long. Enterprise Platinum woo-hoo!
Posts: 4,550
Too Good To Be True? (credit card)
Am I missing something?
I have a WP Visa card, got it about 9 months ago. Got a signup bonus, no fee the first year.
So can I actually get a WP "Business" card - get 20K miles, PLUS another fee-free year, plus 200 points in the current promo - all for more or less nothing?
Especially since the cards will probably disappear anyway when the merger closes!
I have a WP Visa card, got it about 9 months ago. Got a signup bonus, no fee the first year.
So can I actually get a WP "Business" card - get 20K miles, PLUS another fee-free year, plus 200 points in the current promo - all for more or less nothing?
Especially since the cards will probably disappear anyway when the merger closes!
#2
Join Date: Apr 2005
Location: Chicago
Programs: AA ExecPlat, UA Silver, Marriott Titanium, Hyatt Globalist
Posts: 1,446
There are more than one type of WP personal visa too. Apply them all. They make great memorabilia once NWA is gone.
#3
FlyerTalk Evangelist
Join Date: Oct 2002
Location: Currently in Bloomington, IN, but Normally NYC, CDG, and even POZ or wherever FT takes me.
Programs: Northwest Airlines. MTA pay-per-ride Metrocard; zero-balance Oyster card.
Posts: 14,019
Two words: credit capacity. Watch out for taking on too much available credit, or your existing lenders will do things to you. Unspeakable things.
#4
Join Date: Dec 2004
Posts: 7,903
This claim is made very often here and on other boards. The fact is that it depends on the individual. When credit cards starting ramping up their offers in 2005, I went from having 1 rewards card to basically all of them in order to get the bonuses. I've seen no adverse effects and my credit score has gone up since then.
#5
Join Date: Feb 2003
Location: Cincinnati, OH
Programs: NW-PE, Blue Star SeaSmiles
Posts: 6,789
Originally Posted by notsosmart
or your existing lenders will do things to you. Unspeakable things.
#6
Join Date: May 2000
Location: Naples, Florida
Posts: 7,419
This claim is made very often here and on other boards. The fact is that it depends on the individual. When credit cards starting ramping up their offers in 2005, I went from having 1 rewards card to basically all of them in order to get the bonuses. I've seen no adverse effects and my credit score has gone up since then.
#7
Join Date: Dec 2002
Location: Taunton, MA
Posts: 447
By using the cards I have enough miles for European trip on United, US Airways, Delta and Northwest and, in addition, have used miles for European trips each year over the last four years. I am a leisure traveller not a business traveller.
My credit rating has not suffered and I try to keep the same dollar value of credit availability.
Cancelling all your high valued credit cards Will hurt your rating. You can have the cards and just not use them or replace one with a lower annual %
rate.