[quote=bearishgurl]Thanks so much, ER, especially for the advice on keeping the “Member Since (2009)” date. I have already been told by their CSR this morning that they were pretty sure I could keep my same card number for the Blue card if I chose to later downgrade. If this happens, it is likely that no change at all will appear on my AMEX account on my credit reports, except, possibly a new “credit limit.”
It seems like a new “credit limit” will only serve to help my credit score, not hinder it.
Well, I guess I better check out Amazon and spend whatever remaining points I have pretty soon ….[/quote]
I’m not sure about keeping the same credit card #. I would doubt it if you are changing types of cards but maybe they changed that. IIRC, when I was changing between gold to platinum I couldn’t keep the same # but that was a long time ago.
But I wouldn’t get too stressed at all thinking about this. Your FICO is really high and even if you closed this card I doubt it would cause your score to go down too much and certainly nothing to worry about.
Realistically when you are this high I’ve been told by my friend at FICO it’s all the same really. But I’ve been guilty of also being worried about these sorts of things.
Because it’s been so long ago that I had a mortgage on a house or a car loan that these things dropped off my credit report and I pay off my credit cards each month. So rather than paying cash for my last new car I just got a 1.9% loan so I’d get the account mix back up and sure enough once I got the car loan added my FICO went up higher.
It’s funny how FICO works. And how they have gotten some of us consumers to really focus on that score.
