Credit Card Question & Answer
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
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?

Answered by , at
Add to Favorites:

Tags: , ,

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.

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $500 travel statement credit
For Excellent/Good Credit
For a limited time, earn 50,000 American Airlines AAdvantage® bonus miles after making $3,000 in purchases within the first 3 months of account opening
For Excellent/Good Credit
$250 Air Travel Credit each year
For Excellent Credit

Other Questions in
Travel with Credit Cards