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Regular Contributor
Posts: 399
Registered: ‎08-21-2013
0

Re: CreditOne - Activate or Close?


bernhardtra wrote:

It's not worth the fees!  You could try for a different Capone card, you can have multiple. 


+1

Current: EQ FICO 0, TU FICO 0, EX FICO 0 | Starting Score: 0 (08/21/2013)

Starting total revolving credit: $0 | Current total revolving credit: $1600.00

Inquiries (12 Months): EQ 3-4 TU Unsure EX Unsure | Most Recent: 8/19/2013


2013 Goals:
1,000.00 Emergency Fund
1,000.00 Emergency Fund, AGAIN
Mechanically Sound Car
Unsecured Card

Fifth Third $300
U.S. Bank Harley Davidson $300
Capital One Platinum $500
2nd Capital One Platinum $500


Community Leader
Senior Contributor
Posts: 4,923
Registered: ‎08-12-2013
0

Re: CreditOne - Activate or Close?


TMannion87 wrote:

Will my score take a hit if I close the CreditOne card? With a FICO score of 641, are store cards an option for me?


You might want to read the "Closing Cards" sticky thread.   It would reduce your UTIL.  You already have the new account ding and HP hit.

I got all the store cards in my signature with scores below 627.   You may want to try the Shopping Cart Trick if you want a card with no HP. 

 


Start: 619 (Wally, 9/2013) | Current: 669 (Wally, 1/6/15), 703 (EQ myFICO 8/13/14)
Care Credit $10200 | JCP $5000 | Walmart Store $5000 | Amazon Store $5000 | Overstock $4600 | AMEX BCE $4500 | Cap 1 QS1 $4000 | AMEX Costco TE $3500 | Macy's Special Events $2900 | Macy's Revolving $2500 | CU Visa $2500 | Sony Card $2500 | Macy's AMEX $1500 | VS $1450 | Gold Violin $1450 | Citi DC WMC $1200 | Merrick $1200 | Target $1000 | ~~Gardening Since 12/23/14

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