How to Avoid an Annual Fee by Downgrading Your Credit Card [The Motley Fool]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
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Source: The Motley Fool
Canceling isn't the only way to do it. A downgrade is a simple alternative to save money and preserve your credit score. Lyle Daly ( LyleDaly ) Mar 24, 2018 at 2:16PM As enjoyable as it is to score credit card rewards, paying annual fees doesn't hold the same appeal. In some cases, the benefits you get from the card outweigh what you're paying. But if you've signed up for multiple cards to maximize your rewards, you could be shelling out hundreds every year in fees. While your natural impulse may be to cancel a card, that often brings down your credit score. The better solution is to contact your card issuer for a downgrade. Image source: Getty Images. The advantage of downgrading over canceling The biggest reason to downgrade your card is that there's no way it can hurt your credit score. Your new card will have the same credit limit and ret
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News
- Delta's Boeing 747 Amex credit card design returns: What to know about the limited release [Yahoo! Finance]Yahoo! Finance
- Best Business Credit Cards For LLCs Of April 2024 [Forbes]Forbes
- American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design [Yahoo! Finance]Yahoo! Finance
- American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card DesignBusiness Wire
- Best No-Annual-Fee Cards For Travel Of April 2024 [Forbes]Forbes
AXP
Earnings
- 4/19/24 - Beat
AXP
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 8-K
- 4/23/24 - Form 424B2
- AXP's page on the SEC website