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What would you do?

Contributor

What would you do?

Hey guys need some advice!

 

I have a Chase Slate Visa with a $1,000 CL  It is officially a year old this month.  But since the slate has no reward structure what so ever and I haven't used it in maybe 4 months. What should I do with it?  I already have a Chase Freedom Visa with a 3k line and a Chase Sapphire Preferred with a 5k line.  I was thinking of trying to PC it to a Freedom Mastercard so that way I could keep the history of the card but also have another Mastercard in my line up.  But then I was like well maybe i could just move the 1k line over to my freedom and close it out entirely.  I'm unsure of what to do.  Help!!

 

Thanks Guys!! As always you guys rock!

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4 REPLIES
Valued Contributor

Re: What would you do?

I would suggest getting another card first, then transfer the CL if possible or close it. You need 3 credit cards to maximize your scores and it wouldn't hurt to diversify by having a card with a different bank.


Starting Score: EQ 653 6/21/12
Current Score: EQ 703 8/5/17 - EX 743 8/5/17 - TU 731 8/5/17
Message 2 of 5
Moderator Emeritus

Re: What would you do?


rbizzle wrote:

Hey guys need some advice!

 

I have a Chase Slate Visa with a $1,000 CL  It is officially a year old this month.  But since the slate has no reward structure what so ever and I haven't used it in maybe 4 months. What should I do with it?  I already have a Chase Freedom Visa with a 3k line and a Chase Sapphire Preferred with a 5k line.  I was thinking of trying to PC it to a Freedom Mastercard so that way I could keep the history of the card but also have another Mastercard in my line up.  But then I was like well maybe i could just move the 1k line over to my freedom and close it out entirely.  I'm unsure of what to do.  Help!!

 

Thanks Guys!! As always you guys rock!


You can ask to convert it to a card such as the BP VISA, Marriot, Amazon, Zappos....    

That's where I would go with the card... if they can't convert it then you can definately close it and try to transfer the limit to your Freedom


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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MyFICO Fitness Goal: 800s Club!



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Message 3 of 5
Established Contributor

Re: What would you do?

+1

Message 4 of 5
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Moderator Emeritus

Re: What would you do?


Credit314 wrote:

+1


 

Is there a Chase card that you are in favor of Credit314? We would love to know your thoughts regarding this; since you agree that a PC is a good idea. Do you carry a Chase card?

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
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