22 years is a heck of a plus on your credit scores. Depending on other factors, canceling the card could cost you valuable points. You should consider keeping it with just token balances.
I’ll probably do something like that. I’m not going to cut my nose off to spite my face, but I was tweaked to say the least.
22 years is a heck of a plus on your credit scores.
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Many of us don’t give a hoot about scores, especially those of us who owe nothing to nobody and don’t plan or need to. I had AMEX cards of various colors over the years and finally wondered why I thought I needed it. It’s all hype, credit scores and color of card status and the false sense that you had to have AMEX to be worthy of anything. Nonsense and bull!!!!
I cancelled after 32 years of having one and now charge to other brands and payoff monthly just as I did with AMEX and discovered that I really am a person even without AMEX. There are thousands of us out there who really exist without AMEX and we get along just fine without it.