Good afternoon, everyone.
So I have two credit cards - one with HSBC and one with Capital One. My Capital One card is relatively new (December) with a limit of $7,500.00, whereas my HSBC card is ~2 years old and (had) a limit of $600.00. I received a letter from HSBC last week that due to the economic times, my limit has been cut to $300.00.
I keep both cards under 10% at the time of the monthly statement (I use them a lot more, though). I'm curious as to whether it would be better to keep both cards, or if the low limit of the HSBC is dragging me down, should I dump it.