Re: Axing Credit One & Merrick?

Broke_Triathlete · ‎02-02-2015

he friends I'm going to axe Credit one soon because I've outgrown them and I've read on here that having this card open could possibly hurt me in getting in with the prime lenders. What are the thoughts about Merrick? I don't "need" either of the credit lines as I never go about 10% of utilization on the other 3 cards. I don't use these two cards except for util padding. I plan on a spree in April after my 2yr after discharge. So I'm definitely canning Credit One before my spree. Should I do Merrick as well?

Personal:

Business:

Anonymous · ‎02-02-2015

Definitely close CreditOne.

Merrick.... Does it have an AF?

bigblue7722 · ‎02-02-2015

Merrick has that monthly fee i would close it in a second.

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

Anonymous · ‎02-02-2015

Half a second is better in that case.

Broke_Triathlete · ‎02-02-2015

Yes Merrick has a AF. Are there any possible benefits to me keeping the card open until after my spree?

Personal:

Business:

bigblue7722 · ‎02-02-2015

@Broke_Triathlete wrote:
Yes Merrick has a AF. Are there any possible benefits to me keeping the card open until after my spree?

as long as your ratios are in good shape i dont see any reason to keep them open for a another second lol

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

Anonymous · ‎02-02-2015

I think smarter people than me have already said to close it. So, close it.

Axing Credit One & Merrick?

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Axing Credit One & Merrick?