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Super Contributor
MidnightVoice
Posts: 8,158
Registered: ‎03-25-2007

Be nice, be charitable, and keep your CCs alive the easy way!!

There have been lots of posts recently about closed credit cards (due to lack of use).  One thing I do on cards I don't want to use is put  a charitable donation on each one.  It gets paid every month, I know what the amount is, I can pif before or after the statement, the charity is happy, the CCC is happy, I have a record for the IRS and it is what we are supposed to do if we are nice people  :smileyvery-happy:

 

So I have two SDed cards that are used automatically every month, plus an Amex that does all my phone bills and with which I am not seen in public, and everyone is happy.  :smileyhappy:

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Valued Member
Royal27
Posts: 39
Registered: ‎11-23-2008
0

Re: Be nice, be charitable, and keep your CCs alive the easy way!!

Great idea!

 

Too bad my cards that could have benefited from this were already closed! :smileywink:

SCORES

11/23 TU - 768, EQ - 783, EX 794
Valued Contributor
netpanther
Posts: 1,694
Registered: ‎08-07-2007
0

Re: Be nice, be charitable, and keep your CCs alive the easy way!!

awesome idea and I love that you already have the irs proof!
Community Leader
Senior Contributor
laz98
Posts: 4,296
Registered: ‎09-06-2008
0

Re: Be nice, be charitable, and keep your CCs alive the easy way!!

very commendable idea.  i believe i might do this with my first premier & cortrust cards til i cancel them.

 

 

"plus an Amex with which I am not seen in public ..."  HILARIOUS!!! :smileyvery-happy:

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 716. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Established Contributor
woopah
Posts: 721
Registered: ‎03-15-2008
0

Re: Be nice, be charitable, and keep your CCs alive the easy way!!

That's a good idea, but when you have a store card, you can't do that. 

 

Goodbye Classic Oak GE Home Design CC.  I guess I'll have to use my Discover card to purchase new furniture when I move in 2009!

4/16/09: TU: 775, EQ: 805
2/11/09: TU: 773, EQ: 790, EX:790
11/16/08: TU: 773, EQ: 785, EX: 780
Goals for 2009: 0 Credit Card Debt & 0% Util (achieved 2/6/09), Mortgage! (achieved 11/2/09), getting closer to 800 scores (I crossed this earlier this year, but I'm sure I'm not there anymore!)
Frequent Contributor
Scout65
Posts: 352
Registered: ‎12-09-2007
0

Re: Be nice, be charitable, and keep your CCs alive the easy way!!

I also do the same thing with my cards. 

 

My UNICEF and WWF contributions are set up automatically each month.  I automatically pay Netflix, ATT, and Harris County Tollway on different cards.  Keeps the CCs happy and all of my cards get used each month.

 

And, as MV wrote, I have the proof for my charitable contributions.  :smileyhappy:

 

 

FICOs as of 09/2009 - TU 813, EQ 811, last known EX 797
FICOs as of 08/2009 - TU 791, EQ 809, last known EX 797
FICOs as of 07/2009 - TU 806, EQ 809, last known EX 797
Senior Contributor
MattH
Posts: 3,245
Registered: ‎04-03-2008
0

Re: Be nice, be charitable, and keep your CCs alive the easy way!!


MidnightVoice wrote:

There have been lots of posts recently about closed credit cards (due to lack of use).  One thing I do on cards I don't want to use is put  a charitable donation on each one.  It gets paid every month, I know what the amount is, I can pif before or after the statement, the charity is happy, the CCC is happy, I have a record for the IRS and it is what we are supposed to do if we are nice people  :smileyvery-happy:

 

So I have two SDed cards that are used automatically every month, plus an Amex that does all my phone bills and with which I am not seen in public, and everyone is happy.  :smileyhappy:


 

My employers encourage this: for our matching grant system we've switched from paper forms to an internal website where I enter the charity, the amount I wish to donate, and the credit card number.  They charge my credit card the specified amount, and send the charity twice that much.

 

 

TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
EX always was my highest when we could pull all three
Always remember: big print giveth, small print taketh away
If you dunno what tanstaafl means you must Google it

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