@creditwherecreditisdue wrote:
If I didn't have to deal with Chase I wouldn't. But my indenture was sold to them so I am stuck. Already being in bed with them requires one type of decision and closing the card might not necessarily be in one's best interest. However, if I did not already have accounts with them, whether by previous choice or transfer I would never get involved with them! Way too much drama for something that should be dirt simple!
You and Hauling make a very good point and give great advice in this regard to members here.
For me, I want to close one or two cards before I apply for another. Closing any cards I carry will not adversely affect my CRs. I am at the age and financial position now where I have little concern about what my AAoA might be in 10 years. This allows for a position of strength when making CCs decisions. However, I would prefer less age that typically provides less strength.
Currently, I have 7 cards that average almost 20k each, with no reported balances, which creates more exercise than I truly want to concern myself with any longer. Besides, seeing "closed by consumer" on my CRs at this point in my life is just fine by me.
I would not recommend, any member, take the kind of action I plan with my CCs. I have read much information here and to advise one to do so would be bad advice.
After grumping off to bed last night, I've realized this morning that a lot of my reaction was due to the fact that I had been excited about being PC'd to a straight Chase bank card with good rewards, instead of an affiliate card, and I had been looking forward to working those categories. Well, that's not the deal any more, except when their categories happen to match the ones I would have chosen, so that's where my disappointment came from, I think. (Along with the fact that I get seriously, seriously bent out of shape by poor/ untrained customer service.)
I doubt very seriously that we'll ever get back to the rockin' and rollin' days of rewards cards that were around just 18 months ago, but still, you never know what the future holds. If Chase one day starts competing for everyday customers again, and if they allow product changes in the future, this Freedom card could be useful as a ticket to a better deal. And since my credit reports and FICO's look very different indeed from where they were when I first app'd, I would be in a pretty good position.
So, we'll see. I'll keep it open and not mess with CLI's and so forth, and use the 3% goodies to keep them happy, and not chat with CS, and wait. And watch. It's not like it's costing me anything.
I doubt very seriously that we'll ever get back to the rockin' and rollin' days of rewards cards that were around just 18 months ago, but still, you never know what the future holds. If Chase one day starts competing for everyday customers again, and if they allow product changes in the future, this Freedom card could be useful as a ticket to a better deal. And since my credit reports and FICO's look very different indeed from where they were when I first app'd, I would be in a pretty good position.
So, we'll see. I'll keep it open and not mess with CLI's and so forth, and use the 3% goodies to keep them happy, and not chat with CS, and wait. And watch. It's not like it's costing me anything.
FretlessMayhem wrote:
Haulie, did you ever find anything to drop your Amex points on?
You mean the ones I had accumulated on Gold, before closing? I cleaned up on restaurant cards! --pretty much the only way in my lifetime that I would ever be able to set foot in a Ruth's Chris or Chris's Ruth or Steak's Chris's Ruth's House or whatever the heck it's called.
@haulingthescoreup wrote:
I cleaned up on restaurant cards! --pretty much the only way in my lifetime that I would ever be able to set foot in a Ruth's Chris or Chris's Ruth or Steak's Chris's Ruth's House or whatever the heck it's called.
UMMMM butter.