@Anonymous wrote:
Discover (1000) 04/14/2020
Langley Platinum Select (500) 04/06/2020
PayPal (750) 12/10/2019
Store cards:
Ulta (500) 11/11/2020
Children’s Place (500) 10/25/2020
Target (600) 12/03/2019
Kohl’s (750) 01/11/2017
Nordstrom (300) 01/09/2017
Cards with AF:
Merrick (1300) 01/07/2020
Mission Lane (500) 11/09/2020
Credit One (550) 10/15/2019
Indigo (300) 12/10/2020
Other:
Capital One Spark Business (1000)
BK 7 discharged in 09/2019
I am not married to any card. I'll do whatever I need to.
Keep the top three, the majors. I'd keep Spark too. As for store cards, which do you use regularly and reward you? I have Target and Kohl's and would personally hold onto them as they offer a lot for frequent shoppers. The others have lesser rewards abs you'd probably make out fine using Disco for them and getting cash back on those purchases. On the starter cards, Indigo has been outgrown and isn't worth their fees. If Credit One has an annual or monthly fee I'd dump it too (if monthly, watch the account after it's closed for another installment of the monthly fee and any trailing interest). Merrick has a useful limit so it may be worth keeping. Not sure Mission Lane has any real purpose either.
How you go about it depends on how many balances you're carrying and how high. If you have significant usage of your total lines, pay them down first so you don't take a scoring hit when you reduce your overall credit lines.
