No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Okay, since Macys is not reporting CLs anymore and I have a balance of $828 out of a 1000 available I am wondering if I should close my Orchard with a $400 limit and a $39 AF? Maybe I should keep it one more year to help overall utilization? Is is better to just close it anyway? I probably wont have Macys paid off until later this year. Any advice on this thought?
Thanks,
BJ
Whats your AAoA?
My AAoA is 3 years....
Dont close it then
Unless you have a real need to increase your credit score in the next couple of months, I suggest, if Orchard will not waive the Annual Fee, CLOSE the account. The $400.00 credit limit will not hurt that much.
Besides, add the $39.00 to your payment to your Macy’s Card to lower utilization of that card.
Only time and good payment history will increase your score.