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My oldest Sears Citi card has only $250 limit

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JoshNurse
Frequent Contributor
‎06-25-2014 06:59 PM
‎06-25-2014 06:59 PM

My oldest Sears Citi card has only $250 limit

I had this card for many years but it hurts looking at the CL. I only used it a long time ago because of the low CL and I didnt want my utilization to be over 50% on this card.

 

Should I close it?

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Closingracer99
Valued Contributor
‎06-25-2014 07:00 PM
‎06-25-2014 07:00 PM

Re: My oldest Sears Citi card has only $250 limit

@JoshNurse wrote:

I had this card for many years but it hurts looking at the CL. I only used it a long time ago because of the low CL and I didnt want my utilization to be over 50% on this card.

 

Should I close it?

Lol with a $250 i would close it out on principle ... how much older is it then your other cards? 


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
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JoshNurse
Frequent Contributor
‎06-25-2014 07:01 PM
‎06-25-2014 07:01 PM

Re: My oldest Sears Citi card has only $250 limit

Its from 2006 I get mad just looking at the card.

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JoshNurse
Frequent Contributor
‎06-25-2014 07:02 PM
‎06-25-2014 07:02 PM

Re: My oldest Sears Citi card has only $250 limit

My next newest would be 2008, one on 2011 and many others 2012-2014.

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Closingracer99
Valued Contributor
‎06-25-2014 07:03 PM
‎06-25-2014 07:03 PM

Re: My oldest Sears Citi card has only $250 limit

my .02 cents is close it ... won't hut utli much 


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
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longtime_lurker
Valued Contributor
‎06-25-2014 07:18 PM
‎06-25-2014 07:18 PM

Re: My oldest Sears Citi card has only $250 limit

@JoshNurse wrote:

I had this card for many years but it hurts looking at the CL. I only used it a long time ago because of the low CL and I didnt want my utilization to be over 50% on this card.

 

Should I close it?

Have you tried for a CLI?

Current cards: MSUFCU Platinum, Amex PRG, Amex Surpass, Amex BCE, Citi Prestige, Citi Double Cash, Citi Premier, US Bank Cash +, Huntington Voice, AAviator, Sallie Mae, Discover IT, Chase Freedom TU:753 EQ Enhanced: 758
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Carrie_in_Pa
Established Member
‎06-25-2014 07:24 PM
‎06-25-2014 07:24 PM

Re: My oldest Sears Citi card has only $250 limit

I just closed out an account from 2007 and that dropped my score a little.

 

It's not costing you anything and it's your oldest card. I say keep it.


Starting Score: 382 - 418 (2005) -- Current Score: 628 (TU08) -- 661 (Beacon 5.0) -- Goal Score: 750+
Into the Garden 6-15-2014 -- Digging in the dirt until 6-2015
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DieGo2SHAE
Regular Contributor
‎06-26-2014 12:38 AM
‎06-26-2014 12:38 AM

Re: My oldest Sears Citi card has only $250 limit

Since there's no AF, I'd just SD it and use it to buy a 15 cent amazon gift card for yourself every 6 months just to keep it open for the account age.




May 2013 | June 2013 |Sep 2013 | Dec 2013 |May 2014 | May 2014 | May 2014| April 2015 | April 2015 | April 2015 | April 2015
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rudy0720
Regular Contributor
‎06-26-2014 05:08 AM
‎06-26-2014 05:08 AM

Re: My oldest Sears Citi card has only $250 limit

I would close it as Sears will be out of business by this time next year anyway

Citi Thank You Premier Visa Signature-$9K, Citi Thank You Preferred Vis Signature-$8.3K, Citi AA Signature- 8.5K, Citi Simplicity 9.2K, Citi Diamond-6.1K, Lowes-$10K, Chase Sapphire Preferred- $ 5K, AMEX BCE $14.5K, AMEX Starwood Preferred $15K, ,AMEX Everyday-$5K, Fidelity Amex-$10K, US Bank 123 rewards Kroger-$17K, Penfed Platinum Rewards Visa Signature-$30K, Amex Delta-$10K, Barclay Arrival Plus- $10K, Penfed Travel Rewards Amex-$10K, Bank of America Cash Rewards- $14K
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Carrie_in_Pa
Established Member
‎06-26-2014 05:19 AM
‎06-26-2014 05:19 AM

Re: My oldest Sears Citi card has only $250 limit

I had no idea, i just had to look that up. Smiley Sad

 

Still i would SD the card and let it be closed by the company.


Starting Score: 382 - 418 (2005) -- Current Score: 628 (TU08) -- 661 (Beacon 5.0) -- Goal Score: 750+
Into the Garden 6-15-2014 -- Digging in the dirt until 6-2015
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