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Just got approved for Barclay's iTunes card

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Breakthecycle2
Established Contributor

Just got approved for Barclay's iTunes card

My credit is so much better then what I was. I just recently got a $500 CLI (without asking) on my Paypal credit line and also another increase on my Walmart card. I currently have an Orchard card at a lowley $400 CLI. Should I cancel and if I do, would it negatively effect my credit rating?


Starting Score: 454
Current Score: 690
Goal Score: 750


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Message 1 of 10
9 REPLIES 9
203bravo
Established Contributor

Re: Just got approved for Barclay's iTunes card

If there is an annual fee then I would personally recommend "yes" close the account.. if no annual fee keep it.

Message 2 of 10
mrmagic9799
Regular Contributor

Re: Just got approved for Barclay's iTunes card

Closing could affect it if it reduces your overall avail credit. But seeing as how you just got a CLI that shouldn't be the case. If no AF then I'd leave it be and just have it avail.
Message 3 of 10
Breakthecycle2
Established Contributor

Re: Just got approved for Barclay's iTunes card

It's only a $400 limit with a $79 annual fee. I used to to rebuild, but now I have no use for it. I will also not affect my AAA


Starting Score: 454
Current Score: 690
Goal Score: 750


Take the FICO Fitness Challenge
Message 4 of 10
visorboy1974
Valued Contributor

Re: Just got approved for Barclay's iTunes card

Cancel it...no more AFs!!!

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Message 5 of 10
203bravo
Established Contributor

Re: Just got approved for Barclay's iTunes card

save your 79$

Message 6 of 10
JonStur
Established Contributor

Re: Just got approved for Barclay's iTunes card

Feed it to the shredder!!!!

Starting Score: TU 595 EX 600 EQ 585
Current Score: TU 820 EX 825 EQ 812
Goal Score: 800 Club (Mission Accomplished)

Amex Platinum, Amex BCP $17.5K, 5/3 Sig $10K, Capital One Quicksilver 15K, Walmart 10K, US Bank Cash+ 15K, Sam's Club 10K, Chase Freedom $6K, Discover More $15K, Chase United Club MileagePlus $33K, Costco $6K, CapOne Quicksilver One $7K, Cap One Quicksilver $5K, Amazon $3K, Barclays $12.5K, Home Depot $7.5K, AppleCard $6K
Message 7 of 10
Breakthecycle2
Established Contributor

Re: Just got approved for Barclay's iTunes card

Thanks!! Im going to do that tomorrow. I appreciate all the feedback.


Starting Score: 454
Current Score: 690
Goal Score: 750


Take the FICO Fitness Challenge
Message 8 of 10
Breakthecycle2
Established Contributor

Re: Just got approved for Barclay's iTunes card

How are they with having multiple cards? I have one more rebuilder card id like to toss.


Starting Score: 454
Current Score: 690
Goal Score: 750


Take the FICO Fitness Challenge
Message 9 of 10
Anonymous
Not applicable

Re: Just got approved for Barclay's iTunes card

Hi break,

 

What other rebuilder card do you want to give the ole' heave-ho?

Message 10 of 10
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