No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Hello fellow ficoers! I was finally able move my slate CL (all but 100) to my freedom. My limit on the freedom is a whopping 500, and my slate line was an astounding 1k, but nonetheless, I'm proud of my journey. I'm just a little cynical by nature Anyway, customer service was not helpful, so I had to call the consolidation line and voila, my new freedom line is 1,400 and the slate card is sleeping in the drawer, but I get to keep my history. My rationale all along, btw.
My dilemma is, I have an Amazon Rewards card at 2500, with a balance that will be paid next month. I would like to have just one card with Chase for now and apply for the CSP next year. I plan on moving the limit from the Amazon visa to the Freedom as I did with the Slate. I do shop and use the Amazon points, but I also have an Amazon store card with the special promo financing when I need it. I will have lower limits on my credit report now from moving lines. Will this move possibly hurt my chances for CLIs with other lenders? I have no need for new credit AT all, just wondering since I will have a 100 CL reporting. However, I want my new Amex to grow. I also have a few other store card limits at 400, which I want to close so badly! Thoughts? Thanks in advance!
From my experience I've never seen a lower limit card hurting your score or file.
@Anonymous wrote:From my experience I've never seen a lower limit card hurting your score or file.
You might also want to keep the Slate for the free FICO http://blogs.wsj.com/totalreturn/2015/01/12/millions-more-to-see-their-fico-scores/