topic Re: Old Navy card in Credit Cards

Old Navy card

Anonymous — Mon, 10 Sep 2012 18:12:48 GMT

So I have a quick question. I use to work at Old navy and decided to apply for an Old navy card. I got approved with a really low limit ( I think $200). Within about a month my limit had gone up to about $400. I started using it more (paying it off in full every month) but I was seeing myself getting into trouble and decided to stop using it. I haven't used it in about a year. I recently got a copy of my credit report and that card is still open. I thought it would be closed by now just becasue when I worked at Old Navy they would close accounts that hadn't been used between 6 months to 1 year. I'm just wondering if I should close it myself or leave it open and hopefully eventually Old Navy/GE will close it for me.

Re: Old Navy card

Shogun — Mon, 10 Sep 2012 19:02:16 GMT

Leave it open. It's aging and you are still getting the Util listed from it. Even if they do close it it will stay on as a good account for 10 years and add to you AAoA.

Re: Old Navy card

apandabear — Mon, 10 Sep 2012 19:05:41 GMT

@Shogun wrote:
Leave it open. It's aging and you are still getting the Util listed from it. Even if they do close it it will stay on as a good account for 10 years and add to you AAoA.

Agree 100%

Re: Old Navy card

CS800 — Mon, 10 Sep 2012 20:06:26 GMT

Go there and buy a $10 t shirt to keep the account active.

No AF = keep it open but every 4 months or so buy something there.

Re: Old Navy card

Anonymous — Mon, 10 Sep 2012 20:19:19 GMT

I cut up the card haha so I would have to request a new card but I think I will do that. Thanks for the advice everyone!

Re: Old Navy card

Anonymous — Mon, 10 Sep 2012 20:45:31 GMT

You could probably get a decent CLI from it also. (GE is almost always a SP to my knowledge) Like the others said, SD it and use it once every 4 months

Re: Old Navy card

youngandcreditwrthy — Mon, 10 Sep 2012 23:43:02 GMT

Get a CLI and NEVER charge it up again. What Ive done with a lot of my GE cards is charge s'thing on them that's super cheap... Or I'll spend 50-100 so that even if I onlu make the min, it's paid off in time for a CLI. Haha

Re: Old Navy card

LS2982 — Mon, 10 Sep 2012 23:57:49 GMT

Keep it open! Buy something cheap every 3 month's or so.

Re: Old Navy card

bichonmom — Tue, 11 Sep 2012 00:09:54 GMT

Your ON can upgrade to a Visa. I used my ON very infrequently, but did CLI every 4 mos after reading about it here. It went from $200 CL to $1500 in 1 yr and then on 1 yr anniv, upgraded to $4k visa. Just a thought.