Hello all ...
I have lots of cards as of now and with 740+ credit score. I applied for 50% of my existing cards to ripe welcome bonus and some exciting offers. I am quite confident that my utilization and AAOA will not impact if I cancel couple of them. I would really appreciate, if you can help me understand below queries and give some insight.
If I cancel/close my credit cards from Chase, Amex, Discover, Barclay, US Bank, GE store cards and others which I might have kept in socks drawer and plan to reapply for the same card down the line may be after 12 months or so :
1. will respective banks approve me ?
2. will I be eligible for welcome bonus for the second time ?
3. will I go thru interrogation with a credit analyst and do I need to explain why I cancelled in past and why I am applying now ?
USBank Cash+(14K)/Penfed Rewards Visa Sigg (25K)/ Penfed Promise card (5K)/ Penfed Amex Travel Rewards card(20K)/AMEX ZYNC (NPSL)/AMEX Startwood(9K)/AMEX COSTCO(5K)/AMEX EVERY DAY (10K)/AMEX HILTON HONOURS (8K)/CHASE FREEDOM(4K)/Chase Salte(12K)/AMEX Fidelity Investments(7.5K)/BOA Better Balance Rewards(5K)/BoA Travel Signature Card (10K)/BoA rewards cards (15K)/AMEX MACYS(6K)/Barclaycard Rewards(3K)/Salie Mea (5K)/DISCOVER IT(7K)/ DCU VISA Platinum Card(7.5K)/PAYPAL MASTER CARD(8K)/GAP(4.5K)/US Bank Flex Rewards (6K)/ Best Buy (4k)/Gymbore Visa card(6K)/ TARGET(600)/CHILDREN PLACE(900)/WALMART DISCOVER(8K)/TOY R US MASTER CARD(8K)/JCP(4K)/KOHLS(400)– Total 31 Cards
