What to do with my Creditonebank card?

Anonymous · ‎08-26-2015

I have 3 cards a freedom that has a 5K limit and is 4months old, a QS1 that is exactly one year old and just got bumped to 3K and a creditone bank card that is my longest CC with a 1200 limit that ive had for 2.5yrs. I also have a car loan thru toyota that is 1.5yrs old. Creditone was at 1K they now gave me free CLI which i find funny i called 3months ago and was going to cancel unless they removed my fee which they did but only for 3months. I basically dont use this card my sunpass is connected to it and charges 25 a month on it and thats it. MY AAOA is 7yrs mostly because im an authorized user on my moms BOA card thats 20+yrs old.. I feel if i cancel Credit one it will hurt me as its my longest aged card in my name. I guess i dont mind calling every 3months and getting the Fee removed but its just a pain in the butt ya know. I dont plan on getting any new cards in the next year so what to do? Thoughts?

Anonymous · ‎08-26-2015

Do you have an acetylene torch handy?

Anonymous · ‎08-26-2015

Target practice. Nothing smaller than a .45

tdj · ‎08-26-2015

+1

711 TU / 693 EX / 675 EQ // $10,000 Cap1 Venture, $5,200 Barclaycard Rewards, $5,000 Citi Diamond Preferred, $4,900 Amex Costco, $4,500 BBVA NBA, $4,400 Citi TYP, $4,000 Amazon Store, $3,000 Cap1 QS, $3,000 Commerce Bank, $3,000 US Bank Platinum, $3,000 NTB, $2,600 Walmart Store, $2,150 VS Angel, $2,000 Chase Amazon, $1,500 Discover IT, $1,100 Toys R Us, $1,000 Amex Delta SM, $1,000 Cap1 QS1, $700 Target, $700 Brylane Home, $650 Upromise Sallie Mae, $650 J. Jill, $250 American Eagle

Anonymous · ‎08-26-2015

.45? That's for children. .500 S&W 😏

SunriseEarth · ‎08-26-2015

@Anonymous wrote:
I have 3 cards a freedom that has a 5K limit and is 4months old, a QS1 that is exactly one year old and just got bumped to 3K and a creditone bank card that is my longest CC with a 1200 limit that ive had for 2.5yrs. I also have a car loan thru toyota that is 1.5yrs old. Creditone was at 1K they now gave me free CLI which i find funny i called 3months ago and was going to cancel unless they removed my fee which they did but only for 3months. I basically dont use this card my sunpass is connected to it and charges 25 a month on it and thats it. MY AAOA is 7yrs mostly because im an authorized user on my moms BOA card thats 20+yrs old.. I feel if i cancel Credit one it will hurt me as its my longest aged card in my name. I guess i dont mind calling every 3months and getting the Fee removed but its just a pain in the butt ya know. I dont plan on getting any new cards in the next year so what to do? Thoughts?

Closed accounts in good standing remain on your CRs for ~10 years and factor into you AAoA for as long as they remain on your reports. Unless UTIL is a concern, I see no reason to keep it open

Anonymous · ‎08-26-2015

Ok, now that I got the jokes out of my system, CLOSE IT. You needed it to rebuild, and you rebuilt. Close it. It will stay on your report for 10 years, by then the extra year won't really matter as long as you keep the rest of your profile in good standing.

It's a subprime card from a subprime lender. It'll hurt you more than it helps at this point.

Anonymous · ‎08-26-2015

Then after you close it, strap a crapton of cherry bombs to it and throw it in a portapotty!

Anonymous · ‎08-26-2015

KILL IT WITH FIRE

Anonymous · ‎08-26-2015

Melt it down with a weed burner, mince the char ball with a hatchet, grind it through a pepper mill, mix it up in some paint and paint yourself a pretty little sign that says "Been there, done that!"