topic Re: Credit One, time to close this account? in General Credit Topics

Credit One, time to close this account?

Anonymous — Thu, 08 Mar 2018 16:56:56 GMT

So as I stated earlier, Discover increased my CL to 2k from a $500 secured card. I also have a Credit One card with a CL limit of $450 and a Capital One card with a $300 CL.

Capital One and Discover are great cards. They work with you on a lot of issues when they arise. Credit One, on the other hand, has been a hassle. I had a suspicious charge on my card and I disputed the charges. They closed that card and informed me they were going to charge me $30 for my new card. I was pretty shocked. Plus all their customer support is in India and it's hard to communicate with them when there are issues.

My question is, should I close my Credit One card and how will it effect my credit?

Thanks!

Re: Credit One, time to close this account?

Anonymous — Thu, 08 Mar 2018 17:17:44 GMT

Time to close since you already have a few other open accounts. No credit effect except for utilization (but can be controlled).

Re: Credit One, time to close this account?

AverageJoesCredit — Thu, 08 Mar 2018 18:36:08 GMT

Close it and never look back

Re: Credit One, time to close this account?

Anonymous — Fri, 09 Mar 2018 01:19:47 GMT

Anytime is a good time to close Credit One.

Re: Credit One, time to close this account?

Anonymous — Fri, 09 Mar 2018 15:54:05 GMT

The fees alone should warrant everyone to close a credit one card lol