topic Re: Cards you've laid out to pasture (September 2012 edition) in Credit Cards

Cards you've laid out to pasture (September 2012 edition)

Razeus — Sun, 02 Sep 2012 03:13:21 GMT

It's a new month boys and girls. This thread is for you to tell your story about cards you've "put down". I'm not talking about an SD party. I'm talking about taking those cards out back and doing what needs to be done. Tired of low, toy limits? Tired of being charged an AF with no benefits/rewards/features? Outgrown your limits? Upgraded for a better card?

Let's here about the cards you've cancelled out right this month and the reasons why!

Re: Cards you've laid out to pasture (September 2012 edition)

youngmoneyok — Sun, 02 Sep 2012 03:19:36 GMT

Not in this month, but a few days ago, I cancelled my Chase Amazon card. Amazon is great gateway into online shopping/deals online, and it's reliable for free 2-day shipping. However, as you become better at shopping online and deal hunting, you realize that Amazon is not so great.

Re: Cards you've laid out to pasture (September 2012 edition)

xiownthisplacex — Sun, 02 Sep 2012 03:21:42 GMT

Both my cap1 cards got axed today! Low limits and with $39 AF each, ouch! They have served their purpose and can retire now :)

Re: Cards you've laid out to pasture (September 2012 edition)

AF_23 — Sun, 02 Sep 2012 03:27:21 GMT

Dumped my 5 y/o Cap 1 platinum

Re: Cards you've laid out to pasture (September 2012 edition)

rtw — Sun, 02 Sep 2012 03:37:06 GMT

About to cancel my 6 year old Credit One Bank card. It got a reprieve last month when I called to cancel because they waived the annual fee for the next 6 months but I got two great approvals today so unless they feel like giving me a 20K CL......... It's about to be dead man walking.

Re: Cards you've laid out to pasture (September 2012 edition)

ItchyAppFingers — Sun, 02 Sep 2012 09:21:36 GMT

Axing my First Premier card this month after I pay off a small balance on it. I am definitely not paying their hefty annual fees/monthly fees and on top of that there 49.99% APR. I am also getting rid of Cap 1 MTV visa, 2 Cap 1's is more than enough for me I don't need a 3rd one. ;)

Re: Cards you've laid out to pasture (September 2012 edition)

DVH1980 — Sun, 02 Sep 2012 12:16:29 GMT

Well, last month(last 2 actually) was pretty good for card killing. I picked up a few "grow with me cards" so I decided to boot the builders, even though I have had them for a couple years. Heres what I picked up and waht I axed:

Picked up:

USAA Visa Rewards-3k

Discover More-3k

Local CU -CLI 2k to 3500.00

Barclay Apple- CLI 2200.00 to 3500.00

Killed off:

First Premiere-550.00

Cap 1 Secured-800.00

Credit One- 500.00

Orchard-750.00

To start this month off right, my last Cap 1 is going down, that will do away with all my sub prime, sub 1k limits. Next stop 5k limits and an Amex(currently have a USAA secured Amex, but want the real deal)

Re: Cards you've laid out to pasture (September 2012 edition)

LS2982 — Sun, 02 Sep 2012 13:52:24 GMT

Only one I would consider axing is Cap1 but they waived the AF for the year, they're just driving me nuts with no CLI's.

Re: Cards you've laid out to pasture (September 2012 edition)

Razeus — Sun, 02 Sep 2012 18:01:39 GMT

1) Firestone Card by CFNA, $900

2) Jared The Galleria of Jewlery Card, $1500

3) Barclaycard iTunes Visa Rewards, $850

Up next, Capital One Platinum Visa, $1300. Just waiting for a dispute to be resolved in case it comes back (though it shouldn't).

Still up in the air if I want to put down my Best Buy card with $1500 CL. It's a store card backed by HSBC. I may just SD it.

Re: Cards you've laid out to pasture (September 2012 edition)

DVH1980 — Sun, 02 Sep 2012 17:48:13 GMT

Once you get a few prime cards with a good rewards program, I really dont see the use in a store card unless it offer superior benefits, which most dont.

Re: Cards you've laid out to pasture (September 2012 edition)

Razeus — Sun, 02 Sep 2012 18:02:37 GMT

Plus the fact I haven't bought anything on credit from Best Buy in a few years. Or anything for that matter. That company took a turn for the worst.

Re: Cards you've laid out to pasture (September 2012 edition)

DVH1980 — Sun, 02 Sep 2012 18:13:41 GMT

Yeah, Best Buy is looking pretty bad these days. Walmart and other box stores that now carry the same brands are killing them. I think I read they are clsoing quite a few of their stores as well.

Re: Cards you've laid out to pasture (September 2012 edition)

DVH1980 — Sun, 02 Sep 2012 18:14:02 GMT

Your wallet seems to be getting lighter by the second!

Re: Cards you've laid out to pasture (September 2012 edition)

aamex — Sun, 02 Sep 2012 20:16:05 GMT

Capital One annual fee coming up in a few weeks...if they don't waive the fee... i'm laying it to rest... the limit does nothing for my UTL anyhow.

Re: Cards you've laid out to pasture (September 2012 edition)

Razeus — Thu, 06 Sep 2012 21:07:40 GMT

The only one I can think of is the Macy's card becaues it gives you 15% EVERY time you purchase, not just the initial sign up. I don't know if you can combine that with coupons and sale prices though. If not I'm not sure it's worth it if that's the case.

Re: Cards you've laid out to pasture (September 2012 edition)

Razeus — Fri, 07 Sep 2012 16:02:26 GMT

Best Buy store card by HSBC got the axe today. Off to the shredder it goes.

Re: Cards you've laid out to pasture (September 2012 edition)

charyot77 — Sat, 08 Sep 2012 02:32:01 GMT

So far just my Orchard Bank card that gave 2% cash back but had a $59 AF!

Ive just finished an app spree that saw me add 4 prime cards so I'm going to be slaughtering my wallet soon.

Re: Cards you've laid out to pasture (September 2012 edition)

CreditEd — Sat, 08 Sep 2012 02:42:17 GMT

Credit One. I'd tried to do the "threaten to close" thing, and they took my up on it...

Good thing. I canned it before I knew how bad the company actually was. Had no idea that they weren't gonna give me a CL no matter what I said.

Cap1 Platinum next

Re: Cards you've laid out to pasture (September 2012 edition)

irving_magik — Sat, 08 Sep 2012 04:23:14 GMT

I just got approved for a BCP and I will be axing one of my Cap1 cards. Probably the 'platinum' with no rewards..... I will be putting it out of its missery soon.

Re: Cards you've laid out to pasture (September 2012 edition)

angelnyc — Sat, 08 Sep 2012 05:10:45 GMT

Wow looks like a capital1 massacre on this thread.