I was lucky over the past few months and wound up with 3 new Amex (backdated, of course) - 2 charge 1 revolver, and 1 new Discover More. Only 1 of the Amex's report so far. Limits arent' that great,, but I am confident I can grow them over time. I have no immediate use for a significant limit anyway. I was thinking of getting rid of a few cards that have not been good to me over the years, but the problem is that some of them are prime banks, so not sure if it's better to keep or just close for now and reapp when I feel better about it?
BofA Plat+ 1-2-3 - $500 limit (it was up to $2k at one point, then they reduced in '09 and never would increase, tried 2x for CLI) Open since 2007 NO AF. They don't like me, yet I'm dumb enough to bank with them for the past 8+ years (biz/pers both)
Chase SW RR Visa - $400 limit (was $1500 then they also dropped in '09 and will not increase. Also will not PC, I called recently) open since 2008 NO AF. They just hate me, they pretty much said so when I called in for PC recently.
Orchard $500 - I just haven't bothered to call in, but this one's gone ASAP. They didn't charge me an AF for 2 years though, so not sure what my hurry is, besides not having the obviously-orchard HSBC $500 (now Cap1) on my CR.
Hooters / Merrick - $1500 limit $3/mo for the AF, but they are good about CLI once I started PIF and using the card
On a side note, I have NFCU $7500 MC, and some store cards, also a couple business cards - Citi World MC $8k and Chase Ink $2500 and Staples and OD (only the chase ink reports on personal of all the biz cards)
Should I close the cards above that are not able to grow? More interested in the long run, as I don't need to buy anything in the immediate year or so, and don't really need to App for a card anytime soon. Just want to grow my new cards. My biggest concern is AAoA and the fact that even with low limits, they are considered prime and must help somehow when it comes to manual reviews? Not too sure about that tho
Any advice appreciated! TIA
