- Centurion Member
- Posts: 1077
- Joined: Thu Aug 04, 2011 7:07 pm
- Location: Phoenix
It sounds like you will have most of your bases covered with the Freedom (cash back) and CSP (highly overrated card IMHO). Both earn UR points so ultimately you can use the UR points from both cards to your advantage for travel etc.
Therefore, I don't think you really need anything from AMEX right now that would be better than the CSP and Freedom cards. BCE would be redundant if you use Freedom (but it depends on if your spending is mostly for everyday living wherein the BCE would be better); Blue by itself only earns MRE points similar to your ZYNC and Blue Sky...again, with CSP Blue Sky seems redundant. You would be better off putting all your spend on the Chase cards to maximize your rewards. I would keep the ZYNC for now or you may close it. In the future when you open another AMEX product the new account will have the 2012 Member Since date and opening year reflected on your credit report.
Now, having said that...a BCE might be a good idea for you because you might want to get a $5,000 credit line on your own for the best chance at being approved for a CSP which are always Visa Signatures and require a $5,000 limit. It has been documented on these credit forums that Chase likes to see an applicant have a high limit before they will give you a shot (meaning they don't want to be your first). So, if you get approved for a BCE now with a $2,000 limit (very common starting limit from AMEX), you can do the 61 day CLI to get the limit up to $6,000 and then in May apply for CSP. Maybe others can chime in and either agree or disagree but this is my two cents on the matter.