topic Barclays Advice in Credit Cards

Barclays Advice

Anonymous — Wed, 24 Aug 2011 21:03:48 GMT

Hi all,

I need some Barclays advice. I have 2 Barclays cards, an Airtran Visa (not signature) at a rate of 25%, and a Frontier Card at a rate of 18%. I try not to carry a balance, so the rates don't really affect me, BUT....here is my dilema. The AT card has a limit of $4,500....the Frontier Card has a limit of $750. I'd really like to combine the cards into one and close the other. Do you think it's worth it for me do switch it all to the AT account even though that's the one with the higher rate? I'm not sure if I could even do it the other way.....

Re: Barclays Advice

Anonymous — Wed, 24 Aug 2011 21:35:36 GMT

If you always PIF, rate doesn't matter. The only issue here is AAoA...what are the ages of those two cards and do you have any other accounts reporting?

Re: Barclays Advice

Anonymous — Wed, 24 Aug 2011 21:39:54 GMT

The Frontier is like a year and a half, and the Airtran is almost a year. Right now, my AAoA is 5+ Years, oldest being 10+, so that shouldn't matter much. I guess my other concern comes in with what will happen when the AT/SW Merger is complete. Not sure if I wanna leave Barclays for Chase....

Re: Barclays Advice

Anonymous — Wed, 24 Aug 2011 21:43:00 GMT

I'd say go for it then...it won't affect your AAoA at all for 10 years and by the time that rolls around, loosing one of the accounts won't hurt at all. And why don't you want to leave Barclay's for Chase? I'm totally satisfied with Chase.

Re: Barclays Advice

Anonymous — Wed, 24 Aug 2011 21:45:46 GMT

Guess I phrased that wrong...I don't want to be FORCED to leave Barclays for Chase. If I do, I want it to be on my terms. I'm just looking to do this because if that happens, I'll end up with big line at Chase, and still have this smaller line at Barclays.