Credit Cards

[sqrt]

Question: If my total CL is close to my gross income, can I still get new CC? 

I've tired of too many CCs, which one to close?

Citi: Dividend 3.5k, Forward 5k

Chase: CSP 5K, UA 7K, Freedom 5K

Amex: Delta 9.5K, SPG 3K

Barclay: NFL 1.5K

Discover: It 5.4K

Intend to close Delta and UA soon. 

Thanks.

[Repo-ed]

Close none.

[sqrt]

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Repo-ed wrote:

Close none.

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Then do I need to, say, use Delta card every 3 month? 

I may switch Delta to Blue cash anyway because the annual fee.

[nicholasyud]

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sqrt wrote:

Question: If my total CL is close to my gross income, can I still get new CC? 

I've tired of too many CCs, which one to close?

Citi: Dividend 3.5k, Forward 5k

Chase: CSP 5K, UA 7K, Freedom 5K

Amex: Delta 9.5K, SPG 3K

Barclay: NFL 1.5K

Discover: It 5.4K

Intend to close Delta and UA soon. 

Thanks.

---

Why would you want to closed credit card then re-apply for another CC ?

I dont understand ..........

Stay with your current card . Treat them good make a good solid payment every month and stop messing with those new APP.

[nicholasyud]

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sqrt wrote:

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Repo-ed wrote:

Close none.

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Then do I need to, say, use Delta card every 3 month? 

I may switch Delta to Blue cash anyway because the annual fee.

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Give them a call tell them you want a product change from your Delta to BCE.

It's can be done less than 5 mins and your new BCE card should be arrived in a few days.

[sqrt]

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nicholasyud wrote:

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sqrt wrote:

Question: If my total CL is close to my gross income, can I still get new CC? 

I've tired of too many CCs, which one to close?

Citi: Dividend 3.5k, Forward 5k

Chase: CSP 5K, UA 7K, Freedom 5K

Amex: Delta 9.5K, SPG 3K

Barclay: NFL 1.5K

Discover: It 5.4K

Intend to close Delta and UA soon. 

Thanks.

---

Why would you want to closed credit card then re-apply for another CC ?

I dont understand ..........

Stay with your current card . Treat them good make a good solid payment every month and stop messing with those new APP.

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Well, I have large spending coming and I want to apply a card with 0 intro APR. 

[FutureBillionaire]

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sqrt wrote:

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Repo-ed wrote:

Close none.

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Then do I need to, say, use Delta card every 3 month? 

I may switch Delta to Blue cash anyway because the annual fee.

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PC to a card that you like.  Close none unless you opened them just in the past couple of months.

[sqrt]

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FutureBillionaire wrote:

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sqrt wrote:

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Repo-ed wrote:

Close none.

---

Then do I need to, say, use Delta card every 3 month? 

I may switch Delta to Blue cash anyway because the annual fee.

---

PC to a card that you like.  Close none unless you opened them just in the past couple of months.

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Well, I got the NFL card in Nov, so it's better to close this one? 

[LostTime]

I dont know if it makes sense to close your two highest limit cards (33% of your total credit) with the hope that you will be able to replace them with cards of like limits. You will risk killing your util with the hopes of getting a lower rate?

Also considering that you plan a big purchase, what happens if you cant get the rates you want or cant get another card. Now you have to still make your large purchase, but you have given away 33% of your limits.

[LostTime]

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sqrt wrote:

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FutureBillionaire wrote:

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sqrt wrote:

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Repo-ed wrote:

Close none.

---

Then do I need to, say, use Delta card every 3 month? 

I may switch Delta to Blue cash anyway because the annual fee.

---

PC to a card that you like.  Close none unless you opened them just in the past couple of months.

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Well, I got the NFL card in Nov, so it's better to close this one? 

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I think you are missing what everyone is saying. there is NO reason to close a card. DONT CLOSE YOUR CARDS