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Cancel 2nd highest limit?

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New Visitor

Cancel 2nd highest limit?

Would like to cancel my 15k Arrival plus card. It is my second highest limit. Six months ago, I was approved for the First National Bank 2% card and I enjoy being able to redeem for anything without an annual fee.

I tried to downgrade three times to a no AF card but each time was told no.

My current reported Credit Card balances total 741 on 67,000 in credit lines (not counting the Arrival Plus).
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3 REPLIES
Valued Contributor

Re: Cancel 2nd highest limit?


Roe9595 wrote:
Would like to cancel my 15k Arrival plus card. It is my second highest limit. Six months ago, I was approved for the First National Bank 2% card and I enjoy being able to redeem for anything without an annual fee.

I tried to downgrade three times to a no AF card but each time was told no.

My current reported Credit Card balances total 741 on 67,000 in credit lines (not counting the Arrival Plus).

Assuming you're not carrying like $10k in balances (and really need all the help you can get with utilization), I'd go ahead and close it.

 

Some people do downgrade successfully, but others don't get the offer. When you call to close, it might be worth asking one last time.

Spend: BBP, Costco, Hyatt, Discover, Freedom
Perks: Schwab Platinum, IHG
Retention zombies: Prestige, SPG
Rarely useful: BCE, ED, Arrival, FreedomUn
Message 2 of 4
Super Contributor

Re: Cancel 2nd highest limit?

Roe9595 had the same quandary with my old Barclay Sallie Mae forced conversion to to the Barclay Commence WMC where there was no further use and Barclay would not p/c so I closed it out and dropped the equivalent of $14K which was a World Card so lost the flexible limit.
Starting Score: 829
Current Score: 830
Goal Score: 850


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Message 3 of 4
Community Leader
Super Contributor

Re: Cancel 2nd highest limit?

If its credit you arent using and dont need, i say KICK THE BABYSmiley Wink
To obtain Credit One Kenobi status upon 0/24 is to Garden Harden!!
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