Long story short, I went a little crazy opening CCs with better rates because I figured I could close them when I got the one with the better rate. Now I read NEVER close an CC that doesn't cost you anything, most of them have no annual fee.
Anyway, I think $10,000 in new credit in the past month is going to put a red flag on my credit score. Its between 720-730 but thats just because it looks like I paid off my credit cards (transfers) but it doesn't have the new cards on yet to show I still owe money.
So I have the following
1. Firestone with a $1200 limit (current balance $45 is 21.84% No annual fee)
2. DSRM National Bank (Valero Gas Card) with $900 limit $23 balance Interest 16.99%
No Annual Fee)
3. Chase MC with $2000 limit $0 balance 23.99% no annual fee
4. Chase Visa with $4000 limit with a sub $100 balance 0% till December 2008 then 19.99% No annual fee
5. Capital One with $1000 limit $0 8.79% $39 annual fee
6. BofA with $5000 limit $4100 balance (when all the transfers come thru) 0% till November 2009 then 13.99% variable No annual fee
What should I close? I know the Capital one because of the annual fee but other than that the FAQ says I shouldn't close anything