Closed Overstock Card.

Anonymous · ‎01-27-2016

I have had the card for more than a year. Never, not one CLI. I kinda got upset and asked myself why should I limit myself to a store card anyway? Why feel like you have to buy something just to keep a card open? I like shopping on Amazon better anyway. I once had 12 Comenity cards and now I am down to 3. When I opened my Overstock account it was my highest limit card to that point. It was extremely exciting. I now have 8 major credit cards with higher limits than my Overstock card. So I did what was best for me and shut it down.

Anonymous · ‎01-27-2016

@Anonymous wrote:
I have had the card for more than a year. Never, not one CLI. I kinda got upset and asked myself why should I limit myself to a store card anyway? Why feel like you have to buy something just to keep a card open? I like shopping on Amazon better anyway. I once had 12 Comenity cards and now I am down to 3. When I opened my Overstock account it was my highest limit card to that point. It was extremely exciting. I now have 8 major credit cards with higher limits than my Overstock card. So I did what was best for me and shut it down.

If you had no use for the card any longer, then you did the right thing in closing it.

Anonymous · ‎01-27-2016

Congrats on closing a card you know longer needed. I'm closing three Cards next month.

Anonymous · ‎01-27-2016

Good for you and good riddance to Overstock!

SunriseEarth · ‎01-27-2016

Sounds like a good move. My Overstock will likely be on the chopping block in the future, as I prefer the special financing on my Amazon card (not to mention, the Amazon selection)

Anonymous · ‎01-27-2016

I closed my Overstock card a few weeks ago... they had given me a couple of CLIs, but they were small and stingy... at time of closing, my limit was $1.6K. I've more than made up for the lost utilization by getting a new card (Chase Slate) with an initial $5K limit. Overstock was also my last Comenity card. I'm not missing it, or them, whatsoever.