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If you accept an airline credit card offer and take the miles and a free ticket and then cancel the card will it negatively affect your credit rating or result in harassment by the airline?
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Depending on the airline you may have to give back the miles or pay for them. Many airlines now require that you maintain the account for 6 months or a year before you close it to retain your reward. As for your credit score, anytime you apply for a new card a credit check is done. This kind of check is the type that negatively affects your overall score. It will show up with along with a reason like, "too many recent credit inquiries." Also, when you open an revolving credit account, the entire available credit is attached as a possible liability, so it can negatively affect your credit in both of these ways. As templing as the offer may be, you should balance it against other things that you may want in the long run, such as as access to lower interest rates on a home mortgage or car loan.

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First answer by ID3493559014. Last edit by ID3493559014. Question popularity: 22 [recommend question]

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