After the CLD earlier this summer I closed my CapOne Quicksilver. 2003 to 2020 at $10k --> $5k --> Closed.
Just closed my Savor card, $30k limit, but 19.99% APR, and really not seeing the "entertainment" category even though I tried.
So, no more Capital One in my wallet at all.
Total CC CL are about $305,000 now, but I'm finding myself focusing on fewer cards, not looking for odd corner cases to fill.
Next up is closing the Citi MileUp card to close out Citi from my wallet.
I get it. Their website, app, and security features have frustrated me to no end. I kind of regret my Quicksilver and it's been sock drawered. I am grateful that they approved me, and I like knowing I have a backup credit card and a second revolving account in good standing, so I guess it probably makes sense to keep it open in my case. But someday, I can see myself being in your position and closing it just to be done with them.
@NRB525 wrote:After the CLD earlier this summer I closed my CapOne Quicksilver. 2003 to 2020 at $10k --> $5k --> Closed.
Just closed my Savor card, $30k limit, but 19.99% APR, and really not seeing the "entertainment" category even though I tried.
So, no more Capital One in my wallet at all.
Total CC CL are about $305,000 now, but I'm finding myself focusing on fewer cards, not looking for odd corner cases to fill.
Next up is closing the Citi MileUp card to close out Citi from my wallet.
Good for you for the downsizing @NRB525. Sometimes, too much complexity is a headache and it sounds like you had little value for their cards. Oddly enough, I'm adding major banks to my wallet instead of removing them! Lol 
My Quicksilver is not one of my most valuable cards but I plan to keep it. It's over 11 years old now, about half as much as my four oldest continuously-open cards. A couple of years ago, the best uncapped and uncategorized return I had was that 1.5% on Quicksilver and Freedom Unlimited. Now I've got multiple that pay 2% or better (AOD FCU, BofA PR, PenFed PCR.) On the other hand, I painfully and very slowly grew it from a $1K limit up to $25K. I've had good customer service and fraud support from them. It's one of my only Mastercards, if that ever matters. And I think the app and website interface are good. So I plan to throw them a bone periodically to keep it open, even though it will probably never see heavy spend. If they CLD it due to insufficient use, so-be-it.
But if I ever do start down-sizing again, it will probably be on the short list. Out of my lower rewards cards, my Discover ranks much higher. It's twice as old, my currently oldest card. Twice the limit at $50K. Even though I don't max out the 5% categories all year long, the rewards return rate has the potential to be much higher.
Now, if Capital One cranks Quicksilver up to a 2% card or offers other enhancements, that might change things. I wouldn't put it past them. IIRC, that flat 1.5% was the first mass market card to break that barrier. They're not afraid to shake things up. That's why I like to keep my foot-in-the-door with the major players.
Just wondering ... how many cards are you down to and what is your target number of cards and limits?
@Anonymous wrote:Hey you gotta do what's best for you. Just wondering was your savor grandfathered?
No, I could have PC'd the QS to Savor when it first came out, but didn't expect it would become an AF card.
However with the AF Savor, that got me the $500 SUB, a few years after the Venture $500 SUB, so I can't complain too much.
I doubt I would have ever made up $500 of earnings on a grandfathered Savor.
@Hoben02 wrote:If you are looking for bonus on the entertainment category look at the bofa premium. I've had things like skiing, sporting event tickets, and now ammo purchase classified as recreation which counts as a travel category
Yeah, there's likely places it makes sense. While I was getting the SUB spend in December 2018, I bought a ski jacket at a small ski area. It coded as Entertainment ( same processing as the ski lift tickets ) and I got 4% on $377, so there are times when the earnings are there. That $95 AF is a difficult one to earn out of, though, on a regular year.
@Aim_High wrote:
@NRB525 wrote:After the CLD earlier this summer I closed my CapOne Quicksilver. 2003 to 2020 at $10k --> $5k --> Closed.
Just closed my Savor card, $30k limit, but 19.99% APR, and really not seeing the "entertainment" category even though I tried.
So, no more Capital One in my wallet at all.
Total CC CL are about $305,000 now, but I'm finding myself focusing on fewer cards, not looking for odd corner cases to fill.
Next up is closing the Citi MileUp card to close out Citi from my wallet.
Good for you for the downsizing @NRB525. Sometimes, too much complexity is a headache and it sounds like you had little value for their cards. Oddly enough, I'm adding major banks to my wallet instead of removing them! Lol
My Quicksilver is not one of my most valuable cards but I plan to keep it. It's over 11 years old now, about half as much as my four oldest continuously-open cards. A couple of years ago, the best uncapped and uncategorized return I had was that 1.5% on Quicksilver and Freedom Unlimited. Now I've got multiple that pay 2% or better (AOD FCU, BofA PR, PenFed PCR.) On the other hand, I painfully and very slowly grew it from a $1K limit up to $25K. I've had good customer service and fraud support from them. It's one of my only Mastercards, if that ever matters. And I think the app and website interface are good. So I plan to throw them a bone periodically to keep it open, even though it will probably never see heavy spend. If they CLD it due to insufficient use, so-be-it.
But if I ever do start down-sizing again, it will probably be on the short list. Out of my lower rewards cards, my Discover ranks much higher. It's twice as old, my currently oldest card. Twice the limit at $50K. Even though I don't max out the 5% categories all year long, the rewards return rate has the potential to be much higher.
Now, if Capital One cranks Quicksilver up to a 2% card or offers other enhancements, that might change things. I wouldn't put it past them. IIRC, that flat 1.5% was the first mass market card to break that barrier. They're not afraid to shake things up. That's why I like to keep my foot-in-the-door with the major players.
Just wondering ... how many cards are you down to and what is your target number of cards and limits?
I am "down to" 18 actual credit cards. After the Citi card gets closed, then the next set of decisions is a little more difficult, as the remaining cards have various positives.