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High limit credit cards / sky miles card /American express card wanted
Hey guys, to help further my credit I would like to get a high limit credit card to leave in the safe and only use in emergency necessities ( available credit to debt ratio ). The last high limit card I had was a Bank of America with a 20k limit.
During my college years I ran it up and payed it off in full and a few months after closed it out because they kept creeping up the the interest rate over the life of the card, mind you I opened the card 10 years ago and they started at 5% and over time went to 10 , to 14 to 16 because of the economic downturn. So I payed it off , let it sit at zero balance for 6 months and closed it out and went cash only for a few years. Fast forward to now and I've paid off my student loans in full and ahead of schedule and I've got a chase slate card with a $2k limit that is my credit builder /gun finance since they gave me 15 months 0 apr.
So I'm assuming since I paid off my student loan last year that it probably triggered credit advertisements (kinda like when you declare bankruptcy and all the card offers flood in ) . I received an advertisement for an American Express blue sky card which they touted 15 months zero APR zero annual fees and 15k sky miles as a bonus which they say is $200 towards airline voucher.
Now my questions are, what are everyone's opinions on American Express as the only ones I've ever seen are business cards or a select few people I know have the Centurion card. Is the sky miles worth it or just a scam , as I'd like to fly to Vegas this year and if I can take advantage of a low to no cost ticket that would be even better. Last question is would there be any benefit to a card that charges an annual fee versus the card with no annual fee. For qualifying for the cards my credit average is 815 and my fico is 750.
During my college years I ran it up and payed it off in full and a few months after closed it out because they kept creeping up the the interest rate over the life of the card, mind you I opened the card 10 years ago and they started at 5% and over time went to 10 , to 14 to 16 because of the economic downturn. So I payed it off , let it sit at zero balance for 6 months and closed it out and went cash only for a few years. Fast forward to now and I've paid off my student loans in full and ahead of schedule and I've got a chase slate card with a $2k limit that is my credit builder /gun finance since they gave me 15 months 0 apr.
So I'm assuming since I paid off my student loan last year that it probably triggered credit advertisements (kinda like when you declare bankruptcy and all the card offers flood in ) . I received an advertisement for an American Express blue sky card which they touted 15 months zero APR zero annual fees and 15k sky miles as a bonus which they say is $200 towards airline voucher.
Now my questions are, what are everyone's opinions on American Express as the only ones I've ever seen are business cards or a select few people I know have the Centurion card. Is the sky miles worth it or just a scam , as I'd like to fly to Vegas this year and if I can take advantage of a low to no cost ticket that would be even better. Last question is would there be any benefit to a card that charges an annual fee versus the card with no annual fee. For qualifying for the cards my credit average is 815 and my fico is 750.
