Getting back into the swing of things re credit card apps after losing focus for a while. Closing down some existing cards so I can apply for others - have my eye on current NAB offer.
Planned to close my Amex Disc but using some of the tips from this thread, was offered Amex Ultimate. Gives 60k pts, $450 travel credit, some lounge vouchers and $200 credit after spend.
Soooo, this looks good, right? The 60k points is certainly lower than some existing offers but no credit pull. As long as I cancel before next yrs fee of $450, I'm ahead. Just want to make sure I'm not missing any key pieces. Am I foolish to give up a $0 annual fee card?
btw, also thinking to lower limit so other cc applications don't get rejected by too much available credit. Is that an issue with Australian cc applications? I'm from US and that can be an issue there, more about available credit than number of cards.