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Mini Spree

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JustKeepSwmng
Contributor

Mini Spree

After getting the Amex CLI, upgrade and Gold, decided to do a couple others before going back to the garden. 

BOA- Unlimited Rewards $1.5k SL (preferred rewards Gold member with them so 1.87% cash back)

Apple- $6k SL

Wells Fargo: got a needs review message, called and got "pending". 


I want to get rid of my two secured cards. Citi $1k, BOA $1k. Both about 2 years old, have other older cards. Any harm to axing these?

 

 

The Journey Begins...
4/2020 EX: 591 EQ: 589 TU: 626
03/2022 EX: 725 EQ: 706 TU: 729
11/2025 EX: 773 EQ: 762 TU: 771
Message 1 of 16
15 REPLIES 15
CYBERSAM
Senior Contributor

Re: Mini Spree

Congrats on your mini Spree! 🤑👍👍

 

Any credit card that you close would report for next ten years!







                
Message 2 of 16
Elpadrino1
Valued Contributor

Re: Mini Spree

Congratulations on your approvals!!

Message 3 of 16
cashorcharge
Community Leader
Super Contributor

Re: Mini Spree

That's terrific!!  Congratulations on your Approvals!! 🎉🥂👏

Message 4 of 16
Jordan23ww
Senior Contributor

Re: Mini Spree

Congratulations on all your moves!  Accounts with positive history stay on your credit report for 10 years (negative history accounts stay 7). As long as you are not using a lot of your available credit on your other cards you shouldn't see any major negative affects from closing them.  You'll just lose the closed accounts' limits counting towards your available credit.  

       
 


Message 5 of 16
gdale6
Moderator Emeritus

Re: Mini Spree

Grats on your new approvals Smiley Happy

 

If your utlization is under control then no problem canceling the secureds

Message 6 of 16
Red1Blue
Super Contributor

Re: Mini Spree

Citi and BOA might become unsecure eventually. If there is no AF it does not hurt to leave them alone age. I have 7 secured cards totaling $38k in limits. I closed most of the secured cards that has AF on them. I left the remaining cards open hoping they will become unsecure some day. US Bank / TD Bank/ Sable / Affinity / SDFCU. In your case if you dont need the money right way I would leave Citi and BOA secured cards in place. They will graduate one day.

Message 7 of 16
coreyb80
Super Contributor

Re: Mini Spree

Congrats on the approvals.  Have you inquired with BoA about graduating your secured card?

Message 8 of 16
CreditAggie
Community Leader
Super Contributor

Re: Mini Spree

Congratulations on your approvals!

Current Cards (in order of approval):


         
Current FICO 8 | 9 (June 2026):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 9 of 16
Reviewers
Established Contributor

Re: Mini Spree

Congrats on your spree of approvals @JustKeepSwmng 

Message 10 of 16
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