Credit Card Question & Answer

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Credit Card Applications » Questions » User Questions » Travel with Credit Cards » My credit rating is 684 and I have been paying my bills on schedule. If I pay off one ...

My credit rating is 684 and I have been paying my bills on schedule. If I pay off one credit card and cut them off for good, would it affect my credit rating? I want to apply for an airline credit card. What do you suggest?

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Leo Zhu

You should pay off your existing credit cards, but do not close the accounts. If you do, that good credit history will be removed from your credit report, and that will result in a lower credit score and probably a lower credit limit. With your current credit score you can apply for credit cards with mileage rewards. These cards allow you to earn miles for every dollar you spend. Some also have a 0% introductory APR. Also, some of the cards do not charge an annual fee.

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Unlimited 1.5x rewards on every purchase, every day. For every $1 you spend, you earn 1.5x Miles.
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For Excellent Credit
Earn 30,000 bonus points after $3,000 in purchases made with your card in the first 3 months the account is open
For Excellent Credit

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