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Frequent Contributor
Razeus
Posts: 395
Registered: ‎04-02-2012
0

Cards you've laid out to pasture (September 2012 edition)

It's a new month boys and girls.  This thread is for you to tell your story about cards you've "put down".  I'm not talking about an SD party.  I'm talking about taking those cards out back and doing what needs to be done.  Tired of low, toy limits?  Tired of being charged an AF with no benefits/rewards/features? Outgrown your limits? Upgraded for a better card?


Let's here about the cards you've cancelled out right this month and the reasons why!

My Wallet:
Discover It $14,300 | Chase Sapphire Preferred $7,500 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $3,000 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL
Established Member
youngmoneyok
Posts: 31
Registered: ‎08-14-2012
0

Re: Cards you've laid out to pasture (September 2012 edition)

Not in this month, but a few days ago, I cancelled my Chase Amazon card. Amazon is great gateway into online shopping/deals online, and it's reliable for free 2-day shipping. However, as you become better at shopping online and deal hunting, you realize that Amazon is not so great. 

Frequent Contributor
xiownthisplacex
Posts: 260
Registered: ‎08-29-2011
0

Re: Cards you've laid out to pasture (September 2012 edition)

Both my cap1 cards got axed today! Low limits and with $39 AF each, ouch! They have served their purpose and can retire now :smileyhappy:


Starting Score Myfico EQ: 676 08/11/2011
Current Score: Amazon EQ Pull: 781 Walmart TU08: 782 AMEX EX Pull: 745 08/03/2014 Goal Score: 780+
Hover over image to see limits

NPSL$1,000$18,000$9,500$5,000$5,000$5,500$8,000$5,300$9,000$5,500$4,200$1,900$4,000$1,600
Frequent Contributor
AF_23
Posts: 288
Registered: ‎02-06-2012
0

Re: Cards you've laid out to pasture (September 2012 edition)

Dumped my 5 y/o Cap 1 platinum

Established Contributor
rtw
Posts: 797
Registered: ‎05-01-2012
0

Re: Cards you've laid out to pasture (September 2012 edition)

About to cancel my 6 year old Credit One Bank card. It got a reprieve last month when I called to cancel because they waived the annual fee for the next 6 months but I got two great approvals today so unless they feel like giving me a 20K CL......... It's about to be dead man walking.


Starting Score: EX: 575 (PSECU 5/2/12) TU: 582 (3/6/12) EQ: 664 (4/27/12)
Current Score: EX: 699 (PSECU 06/04/14) 702 (my FICO 08/05/14) TU: 699 (08/01/14) EQ: 675 (07/08/14)
Goal Score: 720
20K PSECU 7/12 | 12K USAA 9/12 | 11K BOA 1-2-3 9/12 | 9K Citi HHonors 9/12 | 8.5K Citi AAdvantage 5/08 | 5K Chase Sapphire Pref. 9/12 | 3.8K Barclays USAir 7/12 | 6K Walmart Dis. 11/12 | 1K Amex SPG 11/12 | 2K Amex BCP 1/13
New Contributor
ItchyAppFingers
Posts: 96
Registered: ‎07-31-2012
0

Re: Cards you've laid out to pasture (September 2012 edition)

Axing my First Premier card this month after I pay off a small balance on it. I am definitely not paying their hefty annual fees/monthly fees and on top of that there 49.99% APR. I am also getting rid of Cap 1 MTV visa, 2 Cap 1's is more than enough for me I don't need a 3rd one. :smileywink:
My Current Plastic: {Amazon Store Card} {Amazon Visa} {Amex Zync} {Amex Gold PRG} {Amex BCE} {Bloomingdales} {BOA 123 Cash Rewards} {Capital One Platinum Visa} {Chase Freedom Visa} {Discover IT} {Kohls} {Macy's} {Nordstrom} {SonyCard Visa} {Target RedCard}
Contributor
DVH1980
Posts: 255
Registered: ‎08-24-2011
0

Re: Cards you've laid out to pasture (September 2012 edition)

Well, last month(last 2 actually) was pretty good for card killing. I picked up a few "grow with me cards" so I decided to boot the builders, even though I have had them for a couple years. Heres what I picked up and waht I axed:

 

Picked up:

USAA Visa Rewards-3k

Discover More-3k

Local CU -CLI 2k to 3500.00

Barclay Apple- CLI 2200.00 to 3500.00

 

Killed off:

First Premiere-550.00

Cap 1 Secured-800.00

Credit One- 500.00

Orchard-750.00

 

To start this month off right, my last Cap 1 is going down, that will do away with all my sub prime, sub 1k limits. Next stop 5k limits and an Amex(currently have a USAA secured Amex, but want the real deal)

 

*USAA WORLD MC 12k* *USAA VISA 12k* *AMEX BCE 6k* *DISCOVER IT 11.5k* *AMEX ZYNC* *B of A SIGNATURE CASH 15k* *NAVY FEDERAL PLATINUM 20k* *CITI DOUBLE CASH 15k* *Veridian CU 14k* *Barclays Apple 12.5k*

Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: Cards you've laid out to pasture (September 2012 edition)

Only one I would consider axing is Cap1 but they waived the AF for the year, they're just driving me nuts with no CLI's.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
Razeus
Posts: 395
Registered: ‎04-02-2012
0

Re: Cards you've laid out to pasture (September 2012 edition)

[ Edited ]

1) Firestone Card by CFNA, $900

2) Jared The Galleria of Jewlery Card, $1500

3) Barclaycard iTunes Visa Rewards, $850

 

Up next, Capital One Platinum Visa, $1300.  Just waiting for a dispute to be resolved in case it comes back (though it shouldn't).

 

Still up in the air if I want to put down my Best Buy card with $1500 CL. It's a store card backed by HSBC. I may just SD it.

My Wallet:
Discover It $14,300 | Chase Sapphire Preferred $7,500 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $3,000 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL
Contributor
DVH1980
Posts: 255
Registered: ‎08-24-2011
0

Re: Cards you've laid out to pasture (September 2012 edition)

Once you get a few prime cards with a good rewards program, I really dont see the use in a store card unless it offer superior benefits, which most dont.

*USAA WORLD MC 12k* *USAA VISA 12k* *AMEX BCE 6k* *DISCOVER IT 11.5k* *AMEX ZYNC* *B of A SIGNATURE CASH 15k* *NAVY FEDERAL PLATINUM 20k* *CITI DOUBLE CASH 15k* *Veridian CU 14k* *Barclays Apple 12.5k*


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