I got an email welcoming me to my new Carnival Sea Miles credit card. I haven’t gotten the card yet. When it comes, I will transfer the balance from my current credit card (AAdvantage), and then cancel it. I will get Sea Miles for the transferred balance. Then I will pay off the balance. Way cool! I get 5000 Sea Miles just for activating the card in the first place. I take more cruises than I fly on American Airlines these days.
I’ve read a lot of credit news articles that state you shouldn’t cancel credit cards, even if you won’t be using them anymore, because it will automatically hurt your credit score.
-Clever
Comment by Clever — April 29, 2006 @ 5:01 pm
I think I remember reading that somewhere too. I will have to investigate that. Maybe I will just keep the card, and shove it into our safe, and not use it at all.
Comment by Rob — April 29, 2006 @ 10:09 pm