topic Re: Cards you've laid out to pasture (August edition) in Credit Cards

Cards you've laid out to pasture (August edition)

Razeus — Tue, 28 Aug 2012 18:35:57 GMT

So many have us obtain cards and share our stories about them and journey getting there, but what about the cards you've laid to rest. I'm not talking an SD party. Permantely. RIP. Put to pasture.

What cards are you canceled and cut up?

Re: Cards you've laid out to pasture (August edition)

jamesdwi — Tue, 28 Aug 2012 18:40:57 GMT

@Razeus wrote:
So many have us obtain cards and share our stories about them and journey getting there, but what about the cards you've laid to rest. I'm not talking an SD party. Permantely. RIP. Put to pasture.

What cards are you canceled and cut up?

HSBC BestBuy Rewardzone MC 600 CL $69 AF

HSBC Sears MC 400 CL R.I.P $39 AF

CapOne Platinum Rewards $500 $39 AF ( thought it was zero AF fee card was pissed and closed it 1 month of open history and 10 years reporting)

Re: Cards you've laid out to pasture (August edition)

Anonymous — Tue, 28 Aug 2012 18:45:47 GMT

Since rebuilding: Orchard Bank and First Premier. They served their purpose, but I'm thrilled to be done with them.

Not quite put out to pasture, but being repurposed: Cap1 No Hassle Cash Rewards MC. It only has a $750CL and will probably never grow with me. The BankAmericard Cash Rewards that I was approved for over the weekend will take it's place. But, my DD is in her early 20s and I spoke with her about the need to begin establishing her credit. I just put her on as an AU and this will be her card so that she can establish some sort of history and then get a card of her own in a year or so. She'll be inheriting almost two years of history, all of it spotless. We've discussed how it should be used and have established guidelines for her spending. Since I monitor all of my accounts like a hawk, I'll be able to see that she's handling it responsibly. I think that this is a good opportunity for her and I believe that she'll do well with it.

Re: Cards you've laid out to pasture (August edition)

webhopper — Tue, 28 Aug 2012 18:46:06 GMT

@Razeus wrote:
So many have us obtain cards and share our stories about them and journey getting there, but what about the cards you've laid to rest. I'm not talking an SD party. Permantely. RIP. Put to pasture.

What cards are you canceled and cut up?

RIP Forever:

In 2008 I laid to rest a Cap 1 card with a $750 limit and a Chase Freedom with a $200 limit. At that time I moved forward with Discover More which had a $1500 limit at that time.

Cards which have been resurrected from the grave (spooky I know right?!):

In 1999 I applied for Discover in order to get a free t-shirt, I was 18 yrs old. I applied using my mom's address. Then promptly forgot about the card. Fast forward to 2006. I was newly separated single mom, ex husband cleaned out accounts. I had a job interview in Oklahoma (I am from Louisiana). I had NO money. My mom decides that its time to dig in her sock drawer and pull out the Discover that had been hiding there for 7 years with no usage. I called the number on the card. Wow. Still open, 1200 limit. Enough to get me to Oklahoma, I got an interview outfit and accepted the job when it was offered. The card is now 13 yrs old and is a permanent part of my collection.

In 2003 I applied for a JCP card to get a discount for new bras. I got the discount, paid the bill, and cut up the card when it came in. Fast forward to March 2012. I see this account still reporting as open on my CR... however the account data had not been updated since 2004. Feeling brave, I called GE and spoke with them about this JCP account. I verified that I was who I said I was and they used a soft pull to go through an identification verification. Bam, account is still open. The card had been CLD to $124. They asked me how much I needed, I said... hmm, how about $600. Instantly approved, they sent me a replacement card. I got an Auto CLI to 1100 back in April.

Re: Cards you've laid out to pasture (August edition)

jonmartin — Tue, 28 Aug 2012 18:56:47 GMT

I got rid of all my capital one cards. I don't see the need anymore with my new freedom and NFCU. I rather not have low limit cards show up anymore as I'd like to get a CSP soon.

Re: Cards you've laid out to pasture (August edition)

Anonymous — Tue, 28 Aug 2012 19:02:42 GMT

I've cut up a few but haven't cancelled them yet..

Merrick bank, credit one bank and my capital one will all be put to sleep after we get the keys to our first house!

Re: Cards you've laid out to pasture (August edition)

Razeus — Tue, 28 Aug 2012 19:15:35 GMT

I'll be putting my Capital One card to rest for good as soon as my new cards arrive. It's gotten me through some tough times, but I've managed it well, but now we must part ways, thanks to an annual fee that does nothing for me, CapOne's inability to upgrade my account, and inability to CLI my line. Plus they try too hard and their commercials are annoying, lol.

The Barclay's Visa will be put to death as well, due to its low limits. I may miss getting free iTunes gift cards in the mail from time to time however, but I'm able to get much better rewards now.

It's been a nice journey. But the time as come to put them down.

Re: Cards you've laid out to pasture (August edition)

learnin113 — Tue, 28 Aug 2012 19:26:41 GMT

Old Navy. They wont CLI and they wont upgrade. So, goodbye.

Re: Cards you've laid out to pasture (August edition)

swpopham — Tue, 28 Aug 2012 19:26:46 GMT

I just axed my freedom card and combined limits with the csp. I maxed the 5% categories out in the first month so it serves no additional purpose after that!

Re: Cards you've laid out to pasture (August edition)

RockinRay — Tue, 28 Aug 2012 20:13:02 GMT

Chase Freedom $5k

Barclay iTunes Visa $3k

Citi Thankyou $4800

Macy's $800

JCP $2400

TJX Rewards $3000

PayPal Smart Connect $3500

Goodyear $2000

Re: Cards you've laid out to pasture (August edition)

Razeus — Tue, 28 Aug 2012 20:26:39 GMT

@RockinRay wrote:
Chase Freedom $5k
Barclay iTunes Visa $3k
Citi Thankyou $4800
Macy's $800
JCP $2400
TJX Rewards $3000
PayPal Smart Connect $3500
Goodyear $2000

Wow. Some good cards in that with great limits. Why?

Re: Cards you've laid out to pasture (August edition)

webhopper — Tue, 28 Aug 2012 20:52:31 GMT

@Razeus wrote:
@RockinRay wrote:
Chase Freedom $5k
Barclay iTunes Visa $3k
Citi Thankyou $4800
Macy's $800
JCP $2400
TJX Rewards $3000
PayPal Smart Connect $3500
Goodyear $2000
Wow. Some good cards in that with great limits. Why?

Because RockinRay is a 'baller

Re: Cards you've laid out to pasture (August edition)

jsickz32 — Tue, 28 Aug 2012 21:00:35 GMT

carecredit card in 2010 5300 limit. applied to get wisdom teeth removed but my insurance ended covering it whew! i canceled it before the card got here,

Re: Cards you've laid out to pasture (August edition)

laboi_22 — Tue, 28 Aug 2012 21:08:57 GMT

I no longer use:

Capital One

Walmart Credit Card

and JCP hardly gets any use anymore

ohhh and (almost forgot) Discover More

Re: Cards you've laid out to pasture (August edition)

laboi_22 — Tue, 28 Aug 2012 21:09:27 GMT

Because RockinRay is a 'baller

LOL

Re: Cards you've laid out to pasture (August edition)

RockinRay — Tue, 28 Aug 2012 21:20:26 GMT

@Razeus wrote:
@RockinRay wrote:
Chase Freedom $5k
Barclay iTunes Visa $3k
Citi Thankyou $4800
Macy's $800
JCP $2400
TJX Rewards $3000
PayPal Smart Connect $3500
Goodyear $2000
Wow. Some good cards in that with great limits. Why?

Get's to be too many to manage!

I am concentrating on my remaining cards to build them up to at least a $10k limit on each of them.

Re: Cards you've laid out to pasture (August edition)

Anonymous — Wed, 29 Aug 2012 00:27:06 GMT

axed my cap1 secured this month. Shelving the More, probably eventually axing the Paypal too at 1 year.

Re: Cards you've laid out to pasture (August edition)

youngandcreditwrthy — Wed, 29 Aug 2012 01:01:56 GMT

I've closed:

Chase Slate $2,500 limit

Cap One Plat $500 limit x2

HSBC Plat $300 limit

Chase Platinum $700 limit

Belk $300 limit

Neiman Marcus $750 limit

I closed these because of their low limits or the AFs.

and Chase Slate tried to rate increase me from 9% to like 20% UGH

after Cap One bought HSBC, they lowered my limit on NM to $505, so I closed it. That's BS!!!!

Re: Cards you've laid out to pasture (August edition)

sandman2435 — Wed, 29 Aug 2012 01:20:43 GMT

Closed out 3 cap1 accounts and 2 HSBC accounts,,Gonna be closing a bunch more as I don't use them and see no use of having them...Gonna be closing out all my store cards and a few others as well.I've opened up some good prime accounts and have rebulit my credit.So the not so prime are no longer needed

Re: Cards you've laid out to pasture (August edition)

UFGuy2006 — Wed, 29 Aug 2012 01:24:57 GMT

Got rid of my 15k Citi Dividend... did not report and was just too many cards to manage.