The Plum Card® from American Express does not currently have a welcome bonus, though it does give 1.5% discount on balances paid before the due date. Other benefits of having the Plum Card are that it has rental car insurance* and extended warranty*.
*Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
The Plum Card credit score requirement is at least 700. That means you need good credit or better for a decent shot at approval.
What you should know about the Plum Card credit score and other approval requirements:
Your personal credit score is taken into consideration. Although Plum Card is a business credit card, you’re personally responsible for paying off balances on this card. As a result, Amex considers your personal credit history (along with that of your business credit) when you apply.… read full answer
Credit score required: A 700 credit score or better is required for approval. That means applicants need at least good credit to get this card.
Other Factors: Apart from your credit score, there are other factors that could impact your chances of approval. Some other key criteria include your income, existing debt load and recent credit inquires.
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Plum Card credit score requirement. You can check your credit score for free, right here on WalletHub.
The Blue Cash Preferred card offers a $250 statement credit for spending $3,000 in the first 6 months. The card’s annual fee is $0 intro 1st yr, $95 after and you need at least good credit for approval.
The Marriott Bonvoy Brilliant card offers 150,000 Marriott Bonvoy bonus points after spending $5,000 in the first 3 months. The card’s annual fee is $650 and you need at least good credit for approval.
To cancel a Plum Card, call customer service at 1 (800) 528-4800 and ask a customer service rep to cancel your card account. Cardholders can also cancel an account by mail.
Be aware that if there’s a balance remaining on the canceled account, you will still need to make at least the minimum payment every month until the balance is paid in full. You will also need to update the payment method for any recurring charges linked to your Plum Card.… read full answer
How to Cancel a Plum Card
Call customer service at 1 (800) 528-4800 and enter your card number and Social Security number to verify your identity.
Then, follow the prompts to speak to a customer service representative, and let them know you want to cancel. The representative may offer you a retention bonus to keep you on as a customer, but you can simply decline the offer and proceed with canceling the account.
Send your written request to cancel the card to:
American Express P.O. Box 981535 El Paso, TX 79998-1535
It’s important to know that when you cancel a Plum Card, you may see a decrease in your credit score, depending on the card’s credit limit and how long you’ve had the card. You can get an idea of how much a canceled credit card will affect your credit score by using WalletHub’s free credit score simulator.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.