Amount of cards + utilization = ?

[Anonymous]

My question is this, I have the following:

$300 Cap1 Plat with AF

$500 Cap QS1 with AF

$500 my local CU visa, no AF

$1500 Discover IT, no AF

$2500 Amex ED, no AF

Will there be harm to my report if I leave the two Cap1 cards at zero and don't use them and contain my use to the other three?

It's hard to justify using the two smaller cards when I have better cards to use?

Should I just make one or two purchases a month on all those smaller limit cards and pay them off immediately or leave like 1% of them all, etc.

Basically I'm looking for big score gains so I can focus on the end of the year purging these old cards and getting newer more prestigious ones with higher CLs.

Note: The Cap1 Plat is expecting an auto CLI in May if that matters.

Thanks all!

[Anonymous]

IMHO, see about getting one of your Cap One cards switched to a normal QS card (talk to the EO for this one).  Close the other card.  No sense paying an AF when your credit profile justifies 3 no AF cards...

Your closed card will continue reporting for 10 years after closure, so your AAoA won't take a hit in the interim.  10 years from now, you'll have 4 other cards that are 10+ years old, so your AAoA should be solid.

Edit: realized I didn't answer your question, I apologize.  

Letting two accounts sit idle is completely fine.  In fact, it's better to let only one card report 1-9% util and nothing on the rest, it gives your score a temporary boost.  

You will want to put a small quarterly or annual spend on your card to keep it active.

[Anonymous]

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@Anonymous wrote:

IMHO, see about getting one of your Cap One cards switched to a normal QS card (talk to the EO for this one).  Close the other card.  No sense paying an AF when your credit profile justifies 3 no AF cards...

Your closed card will continue reporting for 10 years after closure, so your AAoA won't take a hit in the interim.  10 years from now, you'll have 4 other cards that are 10+ years old, so your AAoA should be solid.

Edit: realized I didn't answer your question, I apologize.  

Letting two accounts sit idle is completely fine.  In fact, it's better to let only one card report 1-9% util and nothing on the rest, it gives your score a temporary boost.  

You will want to put a small quarterly or annual spend on your card to keep it active.

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What would be the best course of action to PC an existing Cap1 to the normal QS?

I've never done anything EO related, but should I try to PC my plat once it receives a CLI and close the QS1 or ?

[gdale6]

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@Anonymous wrote:

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@Anonymous wrote:

IMHO, see about getting one of your Cap One cards switched to a normal QS card (talk to the EO for this one).  Close the other card.  No sense paying an AF when your credit profile justifies 3 no AF cards...

Your closed card will continue reporting for 10 years after closure, so your AAoA won't take a hit in the interim.  10 years from now, you'll have 4 other cards that are 10+ years old, so your AAoA should be solid.

Edit: realized I didn't answer your question, I apologize.  

Letting two accounts sit idle is completely fine.  In fact, it's better to let only one card report 1-9% util and nothing on the rest, it gives your score a temporary boost.  

You will want to put a small quarterly or annual spend on your card to keep it active.

---

What would be the best course of action to PC an existing Cap1 to the normal QS?

I've never done anything EO related, but should I try to PC my plat once it receives a CLI and close the QS1 or ?

---

I would contact the EO and have them remove the AFs permanently and PC each of the cards up to the next level.

[Anonymous]

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@gdale6 wrote:

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@Anonymous wrote:

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@Anonymous wrote:

IMHO, see about getting one of your Cap One cards switched to a normal QS card (talk to the EO for this one).  Close the other card.  No sense paying an AF when your credit profile justifies 3 no AF cards...

Your closed card will continue reporting for 10 years after closure, so your AAoA won't take a hit in the interim.  10 years from now, you'll have 4 other cards that are 10+ years old, so your AAoA should be solid.

Edit: realized I didn't answer your question, I apologize.  

Letting two accounts sit idle is completely fine.  In fact, it's better to let only one card report 1-9% util and nothing on the rest, it gives your score a temporary boost.  

You will want to put a small quarterly or annual spend on your card to keep it active.

---

What would be the best course of action to PC an existing Cap1 to the normal QS?

I've never done anything EO related, but should I try to PC my plat once it receives a CLI and close the QS1 or ?

---

I would contact the EO and have them remove the AFs permanently and PC each of the cards up to the next level.

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Is that Fico score dependent?