Advice on closing my SPG AMEX? Strictly use my CSR and want to cancel due to the $95 annual fee.

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What’s the question here? If you want to cancel, you call them, you’ll be connected with a department that will try to give you an offer to keep it and you decide if you want to cancel or not.

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If your annual fee is after August first, you get a free night at SPG/Marriott. Typically worth more than $95. If not, as long as it’s not one of your older lines of credit, very little harm in closing it.

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You should learn a bit more about what impacts your credit score, by how much, and for how long. Keeping an annual fee card open to avoid a hit is really dumb. Close it, your score will recover quickly.

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OP, unfortunately there’s no non-card fee for SPG - I tried doing that. I am begrudgingly keeping the line open because it is my first credit card for a long time (I’m a foreigner who didn’t know better about US’ credit score system)

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Call AMEX and politely request for a fee waiver.

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Wont Closing out $20k of my credit line impact my credit score? Should I open a new non fee card and move the credit line over to have no impact?

Op it might, but that depends on your overall credit utilization

Try Credit Karma, they have a score simulator tool that lets you see the impact of different actions like cancelling an account. It's not an exact science but will give you a pretty good idea.

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