Yup, im in the same boat, they've got a 59 AF with a 1500 CL, havent given me a CLI since Aug 07 right as the economy was tanking...now i really see no need for the AF.
I just dont want to mess around with the age of the count..Its been open since 6/2005 and has the longest tenure on my report.
Sjp, the acct will stay on your report for 7-10 yrs, so it won’t (or shouldn’t) mess w/the age. Due to being "underground" for quite awhile credit wise, my AAOA is fairly young anyways, so fico impact should be minimal. I have 6 other ccs opened between 08-09 + I'll be opening up a USAA + NFCU secured ccs soon, so that should more than cover the loss of orchard.
I just couldn’t justify paying orchard for another year for a cc w/o rewards, a cl I can’t really use much (I travel A LOT, so usually had to max the cc out/use several ccs to book a trip), + most importantly, little to NO chance for a cli. Seriously, 1 200$ cli in 3 years w/flawless history on the acct? What irked me a bit is that I saw others (most of whom barely had their orchards for 6 mos.) recently get auto 200 clis. Every time I called in 3 years, I kept getting some song and dance about why they would NOT give me a cli. Had they totally waived the AF, I would’ve stayed w/them, but I just couldn’t justify paying nearly $40 for another year w/them.