No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
@ToxikPH wrote:
I have a few cards that built my base but don’t give any rewards so I don’t use them anymore. These include a kohl’s card, guitar center, a credit union card. Is there any point to keeping them as they will stay on for 10 years?
My personal opinion: cancel the two store cards, and maybe the credit union card too, depending on what it is (if it's a secured card, I would think cancel or ask if it can be upgraded/whatever to a normal credit card because you have good FICO scores, according to your signature for this forum).
Credit unions are apparently able to offer interest rates lower than commercial banks, so if your credit union credit card seems appropriate for those with good credit, then my personal opinion is: keep it, at least for now.
@ToxikPH wrote:
I have a few cards that built my base but don’t give any rewards so I don’t use them anymore. These include a kohl’s card, guitar center, a credit union card. Is there any point to keeping them as they will stay on for 10 years?
In order to answer your question I would want to know
-the ages of the accounts and how they compare to your others
-your revolving utilization profile
I wouldn't cancel the credit union card. I would instead try to change it to another card which they might have that is more useful. Also, if it's the type of credit union platinum card that has no balance transfer fees and no cash advance fees, I would keep it period. I find those very handy.