topic Re: I need help in Credit Cards

I need help

Anonymous — Thu, 04 May 2017 06:59:34 GMT

I need help in deciding what cards I do not need and should close ? Here is the list and rewards for each card I have.

Amex PRG
* 3x on air fair
* 2x dining/groceries/gas
* 1x everything else
* $195 annual fee

Chase Amazon Prime
* 5% Amazon
* 2% dining/gas/pharmacies
* 1% everything else
* $2000

Discover "IT"
* 5% rotating categories
* 2% everything (first year)
* 1% everything else
* $2000

Amex Everyday
* 2x groceries
* 1x everything else
* 20% points in swiped 20x
* $1000

Capital one Quicksilver
* 1.5% everything
* $39 annual fee
* $1100

Capital one platinum
* secured
* $500

Paypal extras MC
* 3x restaurants + Gas
* 2x Paypal
* 1x everything else
* $3000

Gap visa
* $5 every $500 spent
* $1600

Care Credit
* health Credit card
* Financing
* $2500

My main goal is to lower my number of cards I would like to have maybe 4 at most, so please if you can give me some advise on which ones to close I would greatly appreciate it it.

Also my fico scores are
Experian; 719
Equifax; 710
TRANSUNION; 729

How much do you guys think my scores would drop if I close most of those cards? I do have a car loan that I still have like 9k on it .

Re: I need help

Anonymous — Thu, 04 May 2017 07:13:08 GMT

Personally, I would keep the following and get rid of everything else:

Chase Amazon Prime
* 5% Amazon
* 2% dining/gas/pharmacies
* 1% everything else
* $2000

Discover "IT"
* 5% rotating categories
* 2% everything (first year)
* 1% everything else
* $2000

Amex Everyday
* 2x groceries
* 1x everything else
* 20% points in swiped 20x
* $1000

Paypal extras MC
* 3x restaurants + Gas
* 2x Paypal
* 1x everything else
* $3000

Re: I need help

Anonymous — Thu, 04 May 2017 07:42:45 GMT

I would keep the Amazon, Disco and no AF Amex.
Attempt to PC CO to a no AF card.
Cut the PRG if you don't use the perks.
Decide if you want/need the Care cc based on the CL/Af/APR.