topic Re: Chopping block for 2013 in Credit Cards

Chopping block for 2013

swpopham — Tue, 01 Jan 2013 20:38:06 GMT

1. Citi- gave 5k limit. dont need it

2. amex- just for the hell of it.... may pick up bcp for backdating

3. jared- dont need it

4. PD card- will transfer the limit to the select card before af is due

wanted to close walmart but I like them too much

whats yours? and why?

Re: Chopping block for 2013

L-TWT — Tue, 01 Jan 2013 21:09:22 GMT

I contemplated giving my AmEx BCP the boot in 2013, B/C i hate paying an AF for a CC, even if I tend to re-cap the AF with rewards gained. Although, BCP is my oldest trade-line I was not concerned about a nose dive in my credit score, what goes down will come back up & vice versa. So I called AmEx spoke with a front line CSR about closing acct, transferred to retention dept., and they lowered my APR down from 10.24% to 8.24% and lowered my AF from $75 to $25, so i folded!

Re: Chopping block for 2013

flowfaster — Tue, 01 Jan 2013 21:41:02 GMT

Wow nice!!!

For me it's:

Amazon: Don't need it. EDIT: I meant the Chase Amazon. Love the GE Amazon.

NFL card: Don't need it.

Target: $200 CL lol

My cap one was saved by the EO. Got the bump to 5K and added 1.5% rewards w/ no AF.

Re: Chopping block for 2013

RockinRay — Tue, 01 Jan 2013 21:41:11 GMT

I think I am going to chop a few cards here.... Still thinking about which ones.

Would be nice to get to 5 cards - total. Right now I have like 16....

Re: Chopping block for 2013

QAMngrGirl — Tue, 01 Jan 2013 21:50:51 GMT

Orchard goes if the CapOne change doesn't benefit me.

Re: Chopping block for 2013

swpopham — Tue, 01 Jan 2013 21:56:22 GMT

@QAMngrGirl wrote:
Orchard goes if the CapOne change doesn't benefit me.

i would can those 2 to start with, you have better cards that dont look bad to other lenders, the orchard is as bad as first premier. IMO

Re: Chopping block for 2013

QAMngrGirl — Tue, 01 Jan 2013 21:58:33 GMT

@swpopham wrote:
@QAMngrGirl wrote:
Orchard goes if the CapOne change doesn't benefit me.

i would can those 2 to start with, you have better cards that dont look bad to other lenders, the orchard is as bad as first premier. IMO

I have only kept it thus far because it is one of my oldest accounts but I don't think I will get dinged too hard. I already have a relationship woth CapOne so I may not wait for the transition in any hopes it will benefit me lol

Re: Chopping block for 2013

Anonymous — Tue, 01 Jan 2013 22:00:16 GMT

@L-TWT wrote:
I contemplated giving my AmEx BCP the boot in 2013, B/C i hate paying an AF for a CC, even if I tend to re-cap the AF with rewards gained. Although, BCP is my oldest trade-line I was not concerned about a nose dive in my credit score, what goes down will come back up & vice versa. So I called AmEx spoke with a front line CSR about closing acct, transferred to retention dept., and they lowered my APR down from 10.24% to 8.24% and lowered my AF from $75 to $25, so i folded!

Wow, I didn't know they would be flexible with the AF on BCP. Would try it now except it is useful (and, via backdating, my oldest TL going back to 1987) and don't want them to call my bluff and close....

Re: Chopping block for 2013

Anonymous — Tue, 01 Jan 2013 22:03:08 GMT

Just axed the Orchard, Capital one is next later this year.

Re: Chopping block for 2013

bluesnowman — Tue, 01 Jan 2013 22:08:33 GMT

Im considering my prg or downgrading to gold or green before the af hits. Got the prg just to get my foot in the door and build history with Amex, and it has been good to me so far but the annual fee is quite high.

Re: Chopping block for 2013

daveg38 — Tue, 01 Jan 2013 22:09:58 GMT

Did Orchard kick and scream when you canned them?

Re: Chopping block for 2013

bbb3601 — Tue, 01 Jan 2013 22:27:35 GMT

I am looking to axe barclays and chase if they don't pony up a decent cli this spring. Other than that all is good!

Re: Chopping block for 2013

Anonymous — Tue, 01 Jan 2013 22:30:45 GMT

i Wouldnt say screamed but they where persistent that I keep my account, no thank you moved on to prime cards now.

Re: Chopping block for 2013

maiden_girl — Tue, 01 Jan 2013 22:37:53 GMT

The chopping block for 2013...hmmm

Capital One --- b/c their customer service just bothers the crap out of me.
Macy's --- I don't even shop there anymore and the limit is bad. I'd do better with a JCP card.

Amazon --- I haven't used this card on a official capacity but I might keep it open for when I buy my new desktop and take advantage of the 0% financing

US Bank Flex Perks -- Opened this card to get next to Cash+...if that doesn't work out...gonna get rid of this card.

Re: Chopping block for 2013

dodgerslv — Tue, 01 Jan 2013 22:41:34 GMT

for me:

Merrick Bank Visa-650 limit, annual fee, high APR, plus despite excellent payment history (PIF every month for last 8 months), instead of rewarding me with a CLI they sent me a letter warning me that if i opened anymore new accounts they may be forced to close my account with them.

Capital One MC-750 limit,annual fee, had over a year and i know i will never see a CLI in my lifetime with them.

Chevron/Texaco Gas card- 400 limit, just hasnt grown on me cuz they keep denying me a CLI and had it for 10 months.

Re: Chopping block for 2013

L-TWT — Tue, 01 Jan 2013 23:07:52 GMT

@Anonymous wrote:
@L-TWT wrote:
I contemplated giving my AmEx BCP the boot in 2013, B/C i hate paying an AF for a CC, even if I tend to re-cap the AF with rewards gained. Although, BCP is my oldest trade-line I was not concerned about a nose dive in my credit score, what goes down will come back up & vice versa. So I called AmEx spoke with a front line CSR about closing acct, transferred to retention dept., and they lowered my APR down from 10.24% to 8.24% and lowered my AF from $75 to $25, so i folded!
Wow, I didn't know they would be flexible with the AF on BCP. Would try it now except it is useful (and, via backdating, my oldest TL going back to 1987) and don't want them to call my bluff and close....

AmEx can be VERY flexible, only thing I have yet to see AmEx allow is PC'ing a revolver <----> charge card. But your right, If you are not actually planning on cancelling the card I would not call their bluff, B/C in my opinion I think their BCP is their best product offering. I just came to the conclusion that from this year forward I refuse to pay for anything thats not necessary and TRY not to live above my means but below!

Re: Chopping block for 2013

jsickz32 — Tue, 01 Jan 2013 23:28:48 GMT

citizens bank cash back -1100

kohls - 300

Re: Chopping block for 2013

sandman2435 — Tue, 01 Jan 2013 23:57:02 GMT

I've already axed a bunch of cards..Any that were under 5K, I closed out..As I have many over 10K..I don't mind paying member ship fees as long as I can max out the rewards

Re: Chopping block for 2013

creditnocash — Wed, 02 Jan 2013 00:04:59 GMT

@jsickz32 wrote:
citizens bank cash back -1100
kohls - 300

out of all that just those? lol

im the same.

plan on closing

citizen's bank-500

citizen's bank-2k(might keep this one for a backup)

kohls-400

ae-700(unless my next cli goes above 2500 like walmart)

since ALL my card's are no af expect the zync i have no real reason to close any except for convenience.

Re: Chopping block for 2013

jsickz32 — Wed, 02 Jan 2013 00:39:05 GMT

@creditnocash wrote:
@jsickz32 wrote:
citizens bank cash back -1100
kohls - 300
out of all that just those? lol
im the same.

plan on closing

citizen's bank-500
citizen's bank-2k(might keep this one for a backup)
kohls-400
ae-700(unless my next cli goes above 2500 like walmart)

since ALL my card's are no af expect the zync i have no real reason to close any except for convenience.

ill try for a cli on citizens bank cc, if not then its bye bye