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How many comenity cards is it safe to have?

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Established Member

How many comenity cards is it safe to have?

I have 3 comenity cards. Ulta (cold-apped) $250. New York and Company (SCT) $400. And VS (SCT) $350. All got within a couple days. I was thinking about trying for a couple more pop ups until I read that sometimes this freaks Comenity out and they close all the accounts down. I don't want that! Do I have enough? Would doing another one freak them out?
Message 1 of 11
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Valued Contributor

Re: How many comenity cards is it safe to have?

My feeling is that you have a fairly new credit portfolio. I would definately say to stop applying for Comenity cards at this point. If they do bring adverse action your way it can be across all the cards they have issued you.

Message 2 of 11
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Frequent Contributor

Re: How many comenity cards is it safe to have?

I would suggest staying away from using the SCT and getting overloaded with them because in the event they do any adverse action they will close them all down.

Plus, the more you get at one time is just going to lower your AAoA and cause more harm than good.

I know it's exciting to get approved and I got far into that myself cause I have 7 or 8 cards from Comenity. I only use about 3 of them 😬
Starting Score: EQ 606 TU 623 EX 598 - April 17'
Current Score: EQ 644 TU 664 EX 667 - May 18’'
Goal Score: EX 750 TU 750 EX 750


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Message 3 of 11
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Community Leader
Senior Contributor

Re: How many comenity cards is it safe to have?


@Appleman wrote:

My feeling is that you have a fairly new credit portfolio. I would definately say to stop applying for Comenity cards at this point. If they do bring adverse action your way it can be across all the cards they have issued you.


+1  Solid advice here.

Message 4 of 11
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Regular Contributor

Re: How many comenity cards is it safe to have?

I have three when I started my new credit profile from rebuilding an now after getting capital one unsecured I am in the garden I think too many small lines of credit could really hurt down the line
Message 5 of 11
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Community Leader
Mega Contributor

Re: How many comenity cards is it safe to have?

Its not just too many smalll lines of credit but apping too many sct cards in a short period of time. I have 3 Comenity backed cards and thats more than i need from them . Op, take a break and age those puppies, your profile will thank you for itSmiley Happy
Message 6 of 11
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Frequent Contributor

Re: How many comenity cards is it safe to have?

I have 2 Comenity cards, which I got early on in my rebuild.  I have to remind myself to use them occasionally to keep them open and to get them to report.  If you don't use the card for several months....they don't report for several months. Every 4 to 6 months I use the card and make full payment when the charge posts.  The interest rate is very high on these cards.  I would not use them to carry a balance.  

 

I'd let them age with proper use and not get anymore SCT cards.  Just my 2 cents! Smiley Wink

Message 7 of 11
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Established Member

Re: How many comenity cards is it safe to have?

Thank you all so much! Into the garden I go! Smiley Happy God bless!
Message 8 of 11
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Community Leader
Mega Contributor

Re: How many comenity cards is it safe to have?

Good instincts thoughSmiley Happy Best of luck as you move forwardSmiley Happy
Message 9 of 11
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Regular Contributor

Re: How many comenity cards is it safe to have?

Welcome to the garden
Message 10 of 11
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