Advice??? Additions or Subtractions???

[Hammer23]

Hello My Fico ers, 

Below is my current portfolio of cards I have been seeing recently when I apply for CLIs "too many open bankcard accounts" as being a denial reason. I am wondering of I should close any of these accounts if I hope to get better rewards cards. 

A little backround. Ficos are 685-710 ish. Utilization is at 15%. I had a BK7 discharged in March of 2009. I took Chase, and BOA down in the BK Citi also took a loss on a Home Depot account. (Job loss and marriage problems)

I now have 7 years on the job, income of about $90,000. I have a good mortgage and auto history.

Here are my list of cards: 

Wells Fargo Home Projects Visa - $8500 limit {0% on home improvements} 

Towpath Credit Union Visa - $7000 limit {9.99% fixed rate $0 fee BT}

Chase Freedom Visa Platinum - $5500 limit {Everyone is familiar with this one I am sure} - J.ust replaced my Slate card with this and closed Slate

Capital One Quicksilver Signature Visa - $5000 limit 

Barclaycard Ring Platinum Mastercard - $5000 limit {8% rate for purchases, BT, and Cash, no BT fees, $1 Cash advance fee}

GECRB Lowes - $5000 limit

Citi Best Buy MC - $4350 limit

Barclaycard Rewards Platinum Visa - $4000 limit {2% Gas, Grocieries, Utilities 1% elsewhere} - This is my main spend card. 

BFG CU Visa - $3500 limit {8.99% rate on all categories, no BT fees}

Citi Sears - $3000 limit {I have been notified that this card will be upgraded to a Sears MC in May/June} - Have not used in over a year

Wells Fargo Platinum Rewards Visa - $2000 limit

GECRB Walmart - $1900 limit 

GECRB Care Credit - $1900 limit  - Have not used in over a year 

GECRB Amazon - $1400 limit 

GECRB Old Navy - $800 

Webbank Fingerhut - $700 - Have not used in over two years 

So there they are. Who stays, who goes and who should I be shooting for? My main spend is household and I do not do much air travel or hotel stays. 

[gdale6]

Why be in such a hurry here. The real reason for the decline(s) is not what you think it is or what they are telling you; its the BK & lower FICOs. Sit back and relax while letting all these age and your FICO rise. Ron1 has over 100 cards and he has less income than you do.. I would cancel out that fingerhut though and maybe the care credit I dont think they are useful cards. Good luck on your journey

[Hammer23]

Thank you, I am not in a hurry per say, just trying to formulate a long term strategy at this point. Prune the dead leaves and grow the trees that will bear fruit. 

I would eventuallty like to have a card like AMEX BCP, USBank Cash+, or Citi AT&T Universial (I have a lot of AT&T spend)  but I know I am a long way out from those goals. 

The declines where for SP CLIs not for new apps. 

[Hammer23]

Anyone else have any advice on these?

[CreditExpressNJ]

My suggestion is Garden and also to choose which cards you dont really need because they may be comparing your available credit to your income .... And if your income doesnt suit how much available credit you have could cause a decline too.... I cannot tell you which to close but you can think of what you really use vs what you need ....