@FinStar wrote:Hi @Anonymous, welcome to the forums.
On the surface, it doesn't appear as though this would even impact your overall utilization, closing them would not be any issue. Dell is a limited purpose tradeline unless you shop them frequently online, and you already have the SYNCB Amazon store card. Typically, Chase would require a HP for a CLI so not worth it IMO. It also appears you have 3 other accounts dating back prior to 2006.
Why are people on here with really good scores so afraid of a hard pull here and there? People act like a hard pull will tank your scores, it won’t and I’m sure I’m preaching to the choir, but the points drop that inquiry will cause will be temporary at best. Back on topic, I think a HP is a no brainer to advance a 13 year card with a $400 limit.
NFCU GoRewards Sig ($40,000), NFCU Cash Rewards ($33,000), PenFed Power Cash ($25,000), FNBO Evergreen Visa ($20,000), Bread Financial Rewards Amex ($19,150), PNC Cash Rewards ($18,400), PNC Cashbuilder ($18,700) , Citi Double Cash ($9600), Discover It Cash ($9000), Walmart MC ($8000), Bank of America Unlimited Cash Rewards ($7500), Fifth Third Unlimited Cash Back Mastercard ($7500), Wells Fargo Active Cash Sig($7000), Apple Card ($6000), Amex BCE($6000), Amex ED($6600), X1 Card ($5000), PNC Points ($8000), Amex Cash Magnet($2000), Fifth Third Truly Simple ($4000), Truist Spectrum Cash Rewards($4500), Truist Bright Card($4500), CapOne Quicksilver(Bucketed @$1500), US Bank Cash+ ($5,000), US Bank Cash+ ($1,000), WF mortgage 195K Fico 8: EQ 766, TU 763, EX 753, FICO 9:EQ 829, TU 812, EX 791, AAoA-97 months, AoOA-28 years
Close what you dont want. Having a 13 year old card helps but at the end of the day its just a card and will report up to 10 years or more which by that time you b chilling in your Condo sippin a col' one
@FinStar wrote:
@stonedog23 wrote:
@FinStar wrote:Hi @Anonymous, welcome to the forums.
On the surface, it doesn't appear as though this would even impact your overall utilization, closing them would not be any issue. Dell is a limited purpose tradeline unless you shop them frequently online, and you already have the SYNCB Amazon store card. Typically, Chase would require a HP for a CLI so not worth it IMO. It also appears you have 3 other accounts dating back prior to 2006.
Why are people on here with really good scores so afraid of a hard pull here and there? People act like a hard pull will tank your scores, it won’t and I’m sure I’m preaching to the choir, but the points drop that inquiry will cause will be temporary at best. Back on topic, I think a HP is a no brainer to advance a 13 year card with a $400 limit.
@stonedog23, as far as this specific discussion, fear wasn't mentioned with regard to incurring a HP. To level set my response, a [CLI] HP with Chase may or may not yield the desired results for the OP. Moreover, the OP has an Amazon (store) CC as an alternative. Secondly, the OP had indicated applying for a auto loan and/or mortgage sometime during 2020, but without a specific date. That being said, it would behoove the OP to refrain from any unnecessary HPs given the mortgage on the horizon.
Had the OP stated how to 'grow' her Amazon Visa or alternative options on other products absent the potential mortgage in 2020, then that would be a different discussion altogether. In that situation, incurring a HP for a more suitable product could be ideal.
I’d like to know when in 2020 the poster will be going in with a lender for that mortgage. If it’s July 2020, it can’t cause much damage based on my personal pursuit of a mortgage quote. But my fear comment on HPs wasn’t specific to this thread, but repeatedly I see posters fretting a random HP. For instance, I’m not pursing any type of mortgage, car note, new job, etc, so I’m not afraid of a HP for a credit increase.