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How long should you keep your accounts open before closing them? Looking to close some store cards that I feel I no longer have a need for.
@schsa210 wrote:How long should you keep your accounts open before closing them? Looking to close some store cards that I feel I no longer have a need for.
With Comenity I wouldn't worry about how long you have had the cards that you want to close. Just close away.
As Irish said, not that big of a deal but the general consensus is 1 to 2 years. But if the accounts aren't being used, they are kind of dead weight anyway once you begin to build better cards.
Thank you both for that info, I appreciate it.
When you realize you don't want/need it.
I went on an app spree this year at the start of my rebuild. I opened NY and Company because I like their clothes. About 6 weeks in and 2 attempts at ordering online I closed it. I didn't realize there were no longer any stores in my area (I am close to 3 malls and they're no longer in any of those) and their website is horrible. Both times I ordered a handful of things, received a shipping notification and then later received a notice that an item wasn't available. And it was about 15 days from ordering to getting things in hand. So I dropped the card.
My oldest card also happens to be my only Comenity card. I have zero use for it but I am hesitant to close it. It turns 10 years old this December. I wish I could cut the string on that one but I just can't bring myself to do it.
Don't be like me. If you don't want it, close it.
Thank you MrsCHX and sorry about all of the problems with your online orders. Ordering online seems to be more of a hassle than walking into an actual store.
Annipoo, that is a bad situation to be in, don't wanna lose that AAOA
@Anonymous wrote:My oldest card also happens to be my only Comenity card. I have zero use for it but I am hesitant to close it. It turns 10 years old this December. I wish I could cut the string on that one but I just can't bring myself to do it.
Don't be like me. If you don't want it, close it.
Even if you close it now, the positive history remains for 10 ADDITIONAL years, which any cards you've gotten will be their age + 10 years. I wouldn't worry about it for AAoA...
Best example I can offer having to do with Comenity store cards is the age old story about the two happyest days of a boat owner.... The day you get your boat and the day you get rid of your boat - fits Comenity store cards perfectly.