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mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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How often should i use my best buy store card to keep it active

I'm really not trying to put any major use into the card since my CL of $600 is caped an i will never receive a CLI. How often should i use the card to keep in active. The last time i used it was last month don't plan on using it at all this month.  Not gonna close the card cause there is no AF but i will never apply for a HSBC backed card again.

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Senior Contributor
score_building
Posts: 3,552
Registered: ‎01-10-2008
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Re: How often should i use my best buy store card to keep it active

i've seen posts of closure indicating less than 3 months of non use.  i would try to use it at least every other month (or even once a month really) if possible since hsbc seems to leading the pack on snap closures (in any case you wouldn't want to let it get past 89 days of nonuse if you wanna keep it for sure) good for you for taking a stand on hsbc.  i am sometimes baffled by their apparent popularity considering how they handle accts.
 

 

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: How often should i use my best buy store card to keep it active


score_building wrote:
i've seen posts of closure indicating less than 3 months of non use.  i would try to use it at least every other month (or even once a month really) if possible since hsbc seems to leading the pack on snap closures (in any case you wouldn't want to let it get past 89 days of nonuse if you wanna keep it for sure) good for you for taking a stand on hsbc.  i am sometimes baffled by their apparent popularity considering how they handle accts.
 

 


I wonder can you use the card to buy candy or soda they have at the registers? If so that would be great use for the card lol


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
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Re: How often should i use my best buy store card to keep it active

Yep, it will work on peanut M&M's. :smileyhappy:

I've gotten away with going as long as 4-5 months without using it, but I'm moving it up to every 3 months or so. (The parking is terrible, so I hate going there.)

I think that they're a bit more lenient with store cards than they are with their bank cards, but in this day and age, my philosophy is use it or lose it.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Contributor
woopah
Posts: 721
Registered: ‎03-15-2008

Re: How often should i use my best buy store card to keep it active


mjbfan79 wrote:

score_building wrote:
i've seen posts of closure indicating less than 3 months of non use.  i would try to use it at least every other month (or even once a month really) if possible since hsbc seems to leading the pack on snap closures (in any case you wouldn't want to let it get past 89 days of nonuse if you wanna keep it for sure) good for you for taking a stand on hsbc.  i am sometimes baffled by their apparent popularity considering how they handle accts.
 

 


I wonder can you use the card to buy candy or soda they have at the registers? If so that would be great use for the card lol


Last time I was there I spent $2.12 on paperclips and a paperclip holder. For a couple of weeks prior to that purchase I had trouble finding paperclips everytime I wanted one, so a smart cheap purchase that kept my card active.

4/16/09: TU: 775, EQ: 805
2/11/09: TU: 773, EQ: 790, EX:790
11/16/08: TU: 773, EQ: 785, EX: 780
Goals for 2009: 0 Credit Card Debt & 0% Util (achieved 2/6/09), Mortgage! (achieved 11/2/09), getting closer to 800 scores (I crossed this earlier this year, but I'm sure I'm not there anymore!)
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Creditaddict
Posts: 20,863
Registered: ‎10-23-2007
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Re: How often should i use my best buy store card to keep it active

I thought most store cards will never close out, they will just go dormant on credit report or lower cl but would stay open.

I know I'm lucky to use my American Eagle card once a year and they have never closed or cld it. 

Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 695 NASA(10-6-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
63 Cards and Counting :smileytongue:
Senior Contributor
score_building
Posts: 3,552
Registered: ‎01-10-2008
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Re: How often should i use my best buy store card to keep it active

[ Edited ]
i think like you and HTSU are saying they're probably more lenient with store cards, they're wicked fast w/ bank cards apparently, i think i mistook the time frame for store cards.  hsbc is a scary beast, lol.
Message Edited by score_building on 03-15-2009 09:28 PM
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Epic Contributor
Creditaddict
Posts: 20,863
Registered: ‎10-23-2007
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Re: How often should i use my best buy store card to keep it active

I agree, what flew in the past is not the same in this time frame... use your cards every 3 months to be safe! speaking of it, I need to go buy something at AE tomorrow! lol
Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 695 NASA(10-6-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
63 Cards and Counting :smileytongue:
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Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
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Re: How often should i use my best buy store card to keep it active


Creditaddict wrote:
I agree, what flew in the past is not the same in this time frame... use your cards every 3 months to be safe! speaking of it, I need to go buy something at AE tomorrow! lol

They've trained us well, haven't they?

We've turned into little Pavlovian credit dogs, obediently using our plastic to keep it alive.

Luckily, we can always use paper clips and light bulbs (Home Depot.) And I have two daughters in their 20's, so that keeps J.Crew happy. :smileytongue:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Regular Contributor
jahmal
Posts: 181
Registered: ‎08-13-2008
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Re: How often should i use my best buy store card to keep it active

payed off my BB store card about 3-4 months ago and have yet to use it and it's still open though I may charge something on it to get it some use though to save the age.

Starting Score: 8/2008 521
Current Score: 734
Highest Ever: 4/2009 759
Goal Score: 760+

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