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Getting rid of low-end cards.

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Anonymous
Not applicable

Re: Getting rid of low-end cards.


@Kenny wrote:

Moved this to Smorgasboard. If anyone actually reads the first post and does NOT think that it needs to be in Smorgasboard, then I'm insane.

 

To answer JoshNurse's question: only you can decide whether or not you should keep a card open. If you feel like the card is below the standard that you keep for yourself, then by all means close it.


Kenny with the move do we get the choice of food?

Message 21 of 44
Kenny
Moderator Emeritus

Re: Getting rid of low-end cards.


@Anonymous wrote:

@Kenny wrote:

Moved this to Smorgasboard. If anyone actually reads the first post and does NOT think that it needs to be in Smorgasboard, then I'm insane.

 

To answer JoshNurse's question: only you can decide whether or not you should keep a card open. If you feel like the card is below the standard that you keep for yourself, then by all means close it.


Kenny with the move do we get the choice of food?


For the insane asylum? Or what? lol I don't understand. Smiley Embarassed

Message 22 of 44
Anonymous
Not applicable

Re: Getting rid of low-end cards.

Smorgasboard in my part of the country is where folks gather and eat lots of different types of food.
Message 23 of 44
CreditCardDiva
Regular Contributor

Re: Getting rid of low-end cards.


@MarineVietVet wrote:

@JoshNurse wrote:

To me an American Express Centrion is a Bugatti. An American Express Platinum is a Ferrari 458.  American Express Gold Premium Rewards card would be an Audi S4. Chase Saphire Preffered would be a 2014 BMW 335i M-Sport Edition.

 

A Capital One Quick sliver feels like cardboard and looks very cheap, I would cringe and get embarrased if I ever used this in public.  Capital One Quick Silver is equal to a used 2012 Honda Fit with 58,900 miles and transmission problems.  

 

My question is do I get rid of all the Honda Fit tierd cards in my inventory?  Will it hurt my credit?


Only you can make that final decision.

 

My oldest card is a Cap 1 that was issued to me in the middle of my BK. I suppose it's looked at as a low end card or rebuilder but I don't really give a hoot.

 

If someone looks down on me for using it then they have a problem; not me.  Smiley Tongue


Exactly! Wow...really people? We stand around and look at what credit cards others use to pay for purchases, and turn up our noses, based on the "status" level of the card? Wow...I never knew people did that. Well to those who do do that, shame on you...and get a life that's more than what credit cards you have.

 

Credit Rebuild Start Date (3/12)
Oakland County CU Visa ($500) | Capital One Quick Silver One ($600) | Capital One Secured MC ($200) | Walmart ($1600) | PayPal Credit ($1000) | Jared ($3500) | Victoria's Secret ($850) | Gettington ($3500) | Amazon Store Card ($850) | NewEgg Preferred ($2400) | Discover IT ($1500) | Dillard's AMEX ($1500) Target ($1500) | Overstock Store Card ($1200) | Kohl's ($1500) | Old Navy ($650) | Macy's Store Card ($800) | The Limited ($350)
Message 24 of 44
CreditCardDiva
Regular Contributor

Re: Getting rid of low-end cards.


@Kenny wrote:

Moved this to Smorgasboard. If anyone actually reads the first post and does NOT think that it needs to be in Smorgasboard, then I'm insane.

 

To answer JoshNurse's question: only you can decide whether or not you should keep a card open. If you feel like the card is below the standard that you keep for yourself, then by all means close it.


Again...exactly. Why would you choose to close a card because of what others think?

Credit Rebuild Start Date (3/12)
Oakland County CU Visa ($500) | Capital One Quick Silver One ($600) | Capital One Secured MC ($200) | Walmart ($1600) | PayPal Credit ($1000) | Jared ($3500) | Victoria's Secret ($850) | Gettington ($3500) | Amazon Store Card ($850) | NewEgg Preferred ($2400) | Discover IT ($1500) | Dillard's AMEX ($1500) Target ($1500) | Overstock Store Card ($1200) | Kohl's ($1500) | Old Navy ($650) | Macy's Store Card ($800) | The Limited ($350)
Message 25 of 44
Chris679
Established Contributor

Re: Getting rid of low-end cards.

Honda Fits have some of the best resale values out there and in general Hondas are known for reliability. Sure it's really ugly but some people value function over form. Personally I laugh at anyone that thinks a car or credit card conveys some type of "status." Many times people driving the flashy cars are leasing them and can barely afford the payments meanwhile the guy driving the 2004 Jeep had it paid off four years ago. It would also never occur to me to care when anyone thought about a credit card.
Message 26 of 44
Kenny
Moderator Emeritus

Re: Getting rid of low-end cards.


@Anonymous wrote:
Smorgasboard in my part of the country is where folks gather and eat lots of different types of food.

lol. I like roasted corn if we're taking orders. Smiley Happy

Message 27 of 44
Anonymous
Not applicable

Re: Getting rid of low-end cards.


@Kenny wrote:

Moved this to Smorgasboard. If anyone actually reads the first post and does NOT think that it needs to be in Smorgasboard, then I'm insane.

 

To answer JoshNurse's question: only you can decide whether or not you should keep a card open. If you feel like the card is below the standard that you keep for yourself, then by all means close it.


Don't tempt me. I have a straightjacket! Smiley Very Happy

Message 28 of 44
ficonian
Valued Member

Re: Getting rid of low-end cards.

I suugest you keep your "Honda fit tierd cards" for making online purchases...private domain. As for me, I will ride my Capital One card, until the wheels fall off. Smiley Happy

 

By the way, nice inventory of cars.  

Message 29 of 44
youdontkillmoney
Valued Contributor

Re: Getting rid of low-end cards.

My Cap One Quicksilver of $20,000 limit gives me FEE FREE balance transfers, the other cards you listed do not. 

Message 30 of 44
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