Will AMEX cancel my card for little or no usage?

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dk11
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Will AMEX cancel my card for little or no usage?

Postby dk11 » Wed Feb 23, 2011 3:56 pm

I was approved for the zync recently as I stated in another thread. However I plan on sticking with my cash back visa as my primary card I use. So If i hardly use the zync, will it get canceled? Because if so, I might not even activate it.


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alsteig
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Postby alsteig » Wed Feb 23, 2011 4:42 pm

Another reason not to acitvate is the annul fee. I would advocate waiting and finidng another card that you love. You will want more cards, but wait untill you find one you will be satisfied with.

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Mogul of Pineapples
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Postby Mogul of Pineapples » Thu Feb 24, 2011 7:28 pm

If you hardly use it, I doubt it will ever get canceled as long as the annual fee is being paid to Amex. It's the no annual fee cards you hear getting canceled for inactivity.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
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websteth
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Postby websteth » Sat Feb 26, 2011 8:54 am

I have a Blue, Zync and Gold from American Express. I had the Blue for years and finally just made the move to Gold. I haven't used the blue in over 2 years but they have kept it active. I have another card with Bank of America which I hate but, since it is my first card I just let it sit open. It's been unused for 4 years and still open. I think it all really depends on the bank.
American Express: Platinum, Zync, Platinum Delta SkyMiles, Blue, Starwood Preferred Guest
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Chase: Sapphire Preferred Visa Signature, Freedom Visa
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dk11
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Postby dk11 » Sat Feb 26, 2011 5:47 pm

thanks for the helpful info. Also, If I decided not to activate, would I still be forced to pay the annual fee? I only ask because they have already sent me a statement with the charge of it.

websteth
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Postby websteth » Sat Feb 26, 2011 8:12 pm

dk11 wrote:thanks for the helpful info. Also, If I decided not to activate, would I still be forced to pay the annual fee? I only ask because they have already sent me a statement with the charge of it.


I don't know the answer for this but, I would question why you would get the card and not activate it. Zync is one of the better cards out there and it comes with one of the better rewards programs out there.
American Express: Platinum, Zync, Platinum Delta SkyMiles, Blue, Starwood Preferred Guest
Barclaycard US: iTunes Reward Visa, US Airways Premier World MasterCard
Chase: Sapphire Preferred Visa Signature, Freedom Visa
Citi Bank: Hilton HHonors Visa Signature, AAdvantage Platinum Select World Elite MasterCard
Bank of America Virgin Atlantic World Elite MasterCard
Discover: Discover it
Other:Macy's Star Rewards, Target REDCard

ashleyAMX
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Postby ashleyAMX » Mon Feb 28, 2011 10:54 am

websteth wrote:I don't know the answer for this but, I would question why you would get the card and not activate it. Zync is one of the better cards out there and it comes with one of the better rewards programs out there.


Especially since the annual fee is nominal compared to green, gold, platinum, etc.

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Mogul of Pineapples
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Postby Mogul of Pineapples » Fri Mar 04, 2011 9:46 pm

I have another card with Bank of America which I hate but, since it is my first card I just let it sit open. It's been unused for 4 years and still open. I think it all really depends on the bank.


Do you mind me asking what type of credit limit you have on it? I had the limit on my B of A credit card cut big time for non usage although that was when the economy was rougher.

thanks for the helpful info. Also, If I decided not to activate, would I still be forced to pay the annual fee?


As far as I know you will be charged the annual fee, because you agreed to it during the credit card application process.

Especially since the annual fee is nominal compared to green, gold, platinum, etc.


The Zync was one of the best new product launches for Amex in a long time, that's for sure. Certainly a much more viable idea than the In:LA, Chicago and NYC cards from several years ago.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

websteth
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Postby websteth » Fri Mar 04, 2011 10:27 pm

Mogul of Pineapples wrote:Do you mind me asking what type of credit limit you have on it? I had the limit on my B of A credit card cut big time for non usage although that was when the economy was rougher.


My limit on it was not cut at all. I have another card with my other bank that is backed by Bank of America so they moved some of the credit to that one.
American Express: Platinum, Zync, Platinum Delta SkyMiles, Blue, Starwood Preferred Guest
Barclaycard US: iTunes Reward Visa, US Airways Premier World MasterCard
Chase: Sapphire Preferred Visa Signature, Freedom Visa
Citi Bank: Hilton HHonors Visa Signature, AAdvantage Platinum Select World Elite MasterCard
Bank of America Virgin Atlantic World Elite MasterCard
Discover: Discover it
Other:Macy's Star Rewards, Target REDCard

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Mogul of Pineapples
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Postby Mogul of Pineapples » Fri Mar 04, 2011 10:48 pm

You're very lucky then!
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred



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