Established Contributor
Posts: 912
Registered: ‎06-14-2012

I actually closed my 1st card today!

[ Edited ]

Thanks to finding these boards, over the last year I have been able to greatly improve my credit. I always thought I would be stuck with my High AF, Low limit cards, but that all changed over the Summer. I was able to open an American Express card, Chase Freedom, Barclays and a Walmart card. But for some reason I was still hanging on to my Re-builder cards that consisted of a Sears Solution Mastercard ( $59 AF, $450CL), an Orchard Bank Gold Card ($79 AF, $300CL) and a Capital One Platinum Mastercard ($39 AF, $300CL). I finally decided that its time to move on from the re-builders, so today I called to cancel the Sears Card. After 4 years of impeccable history with them, they offered to waive 50% of the $59 AF. wow... So I closed it and it felt REALLY GOOD! I honestly didn't think it would feel that good, but it did! It felt good to reap the benefits of my credit accomplishments over the last year. I started with a scores: EQ-597, EX-612, And TU- 605. Now IM at: EQ-698, EX- 752 and TU-733. Now that SSM is gone, Orchard will be next in December. The only reason IM not canceling Cap1 is bc they just CLI from $300 to $3,500.


That's 1 card down and 1 to go!

Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012

Re: I actually closed my 1st card today!

Congrats, it's a great feeling!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011

Re: I actually closed my 1st card today!

CONGRATS!! Are you planning on closing the rest of your annual fee cards?


Sears really didnt want to keep you as a customer. They would've at least offered to waive the entire fee.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)

Regular Contributor
Posts: 217
Registered: ‎09-25-2012

Re: I actually closed my 1st card today!

Congrats lol nice credit handling on your current fico scores!
TU 746 (10/13)
GOAL: 750+

Established Contributor
Posts: 1,837
Registered: ‎08-20-2012

Re: I actually closed my 1st card today!


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+