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Established Member
Goal810
Posts: 31
Registered: ‎12-24-2010

Minimum to keep credit card open

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‎04-15-2012 05:39 PM

I am planning on getting a Walmart Discover credit card for the free monthly credit score. There is no Walmart near me and it only gives 0.25% cash back until more than $1500 is spent. So I am not planning on using it very much, how often do I need to use and how much do I need to spend to prevent it from being closed?

 

Thanks!

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Frequent Contributor
andyaycw
Posts: 269
Registered: ‎07-25-2007

Re: Minimum to keep credit card open

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‎04-15-2012 05:41 PM - edited ‎04-15-2012 05:41 PM

I would just charge a few dollars to it at least once every 3-6 months to keep it active.

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Current Score: TU 766, EQ 773
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JusdoNit
Posts: 921
Registered: ‎12-10-2011

Re: Minimum to keep credit card open

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‎04-15-2012 06:24 PM

+1

Starting Score: 722
Current Score: Now 687 what the hockey sticks...from a 784 (Aug 12 EX 751 EQ Fico)
Goal Score: 800
If your outGo is more than your INcome than your UpKeep will become your downFALL.

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trumpet-205
Posts: 1,909
Registered: ‎11-11-2010

Re: Minimum to keep credit card open

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‎04-15-2012 06:31 PM

You can even go to postal office and buy a stamp with that. 45 cents and you are set for couple months.

In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | BofA Travel Rewards (07/2011) | Chase Freedom (11/2011)
GECRB/PayPal (05/2012) | Discover it (07/2012) | US Bank Cash Reward (08/2012) | AMEX BCE (09/2012)
Target (10/2012) | Chase Ink Classic (11/2012) | BofA Balance Rewards (04/2013)
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MarineVietVet
Posts: 14,084
Registered: ‎07-14-2009

Re: Minimum to keep credit card open

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‎04-15-2012 06:49 PM

The proverbial pack of gum will also serve to show activity.

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