So I just went on a mini app spree as planned after my Chase/PSECU cards were about a year old, and it totally paid off. Discover It pulled my TU, which is my worst report with a couple old baddies and I was approved anyway, which was slightly surprising, for a $1700 limit after recon. A little low, but hopefully I can get a CLI eventually. This will be great for my upcoming cruise to the Bahamas so I can pay vendors without foreign transactions fees.
Even better is that I was received my first ever instant online approval for a card, when I was approved for the Costco True Earnings Amex card with a $2000 limit. I was disappointed when I just found out the Zync was discontinued and wasn't sure if my profile was ready for Amex yet, but I'm pretty happy to have been approved and be "in" with Amex finally. Also, the 2% travel rewards will be great to pay all my cruise fees with.
So beyond sharing my happiness with these new cards, I also had a question. With these new cards, I now have the following list of credit cards:
- Amex Coscto True Earnings: $2000
- Discover It: $1700
- Chase Freedom: $3500
- PSECU Combo: $1000
- Best Buy: $4200
- Capital One Platinum: $500
Obviously at this point, the Cap One Platinum is my only rebuilder card and that limit becomes less and less useful, since I will probably never get a CLI from Cap One. Is it worth keeping this card just to help my utilization in the future, or do you think I should just cut it loose and have one less to keep track of. Or perhaps should I just sock drawer it until they cancel it, or sock drawer it and use it rarely so they don't. What does everyone think might be the best idea? Thanks!
Starting Score: FICO: 587 EX, 594 EQ, 632 TU, 2/15/12; USAA FAKO: 525 EX, 541 EQ, 525 TU, 2/15/12
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