topic Re: Inactivity? in Credit Cards

Inactivity?

mathman — Wed, 31 Jul 2013 05:07:43 GMT

Hi folks -

Since I've gotten my BOA 1-2-3 Cash Rewards card, I don't use many of my other cards. I have a Capital One Platinum and a few GECRB cards. It's honestly inconvenient to use them often, but I don't want to close them until my AAoA gets a bit better.

Does anybody know how long the max (ballpark) amount of time before Capital One and GECRB (Walmart, Texaco specifically) will close for inactivity? I'll use them infrequently when I absolutely have to.

Thanks for the advice!

Re: Inactivity?

Luscher — Wed, 31 Jul 2013 05:10:38 GMT

just use it once every 6 months for a 2 dollar candy bar and it wont close........

Re: Inactivity?

myjourney — Wed, 31 Jul 2013 05:11:22 GMT

@mathman wrote:
Hi folks -

Since I've gotten my BOA 1-2-3 Cash Rewards card, I don't use many of my other cards. I have a Capital One Platinum and a few GECRB cards. It's honestly inconvenient to use them often, but I don't want to close them until my AAoA gets a bit better.

Does anybody know how long the max (ballpark) amount of time before Capital One and GECRB (Walmart, Texaco specifically) will close for inactivity? I'll use them infrequently when I absolutely have to.

Thanks for the advice!

MM

Use them every now and again for small purchases every 3-4 months and you will be fine ....gum,water chips, gas etc etc

Re: Inactivity?

mathman — Wed, 31 Jul 2013 05:17:42 GMT

Every six months I can handle - now every three ... I dunno.

Re: Inactivity?

djc1puno — Wed, 31 Jul 2013 07:43:37 GMT

Re: Inactivity?

Anonymous — Wed, 31 Jul 2013 08:46:17 GMT

Sorry I can't answer your question, but I personally have some bills auto-paid via credit cards (Hulu+, car insurance, etc...). Then you can simply pay the CC in full to avoid interest (if you have a grace period). For example, one of my CC has a 59.9% interest rate so I never want to use it or neither carry a balance; I have some bills that post to the car, then I just pay the statement balance in full.

or you can just occasionally use theme