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There was an excellent thread in the applications section on getting applications approved after retirement. I wanted to approach the subject from the direction of being able to keep the cards and the credit limits you have after retirement. I am looking to retire next year at 58, What are others views and experiences on using cards after retirement. Have you faced any card cancellations or CLI reductions?
@baronetheanvil wrote:There was an excellent thread in the applications section on getting applications approved after retirement. I wanted to approach the subject from the direction of being able to keep the cards and the credit limits you have after retirement. I am looking to retire next year at 58, What are others views and experiences on using cards after retirement. Have you faced any card cancellations or CLI reductions?
I am sure a lot depends on your credit profile and finances.
I retired 13 years ago and have not had any cards canceled or CL decreases.
Have also not had any problems getting new cards.
Generally I have not been responding to the "Tell us your income" prompts on existing cards. But as a test i recently reported a much decreased post-retirement household income to Chase, and no CLD so far
@Kforce wrote:
@baronetheanvil wrote:There was an excellent thread in the applications section on getting applications approved after retirement. I wanted to approach the subject from the direction of being able to keep the cards and the credit limits you have after retirement. I am looking to retire next year at 58, What are others views and experiences on using cards after retirement. Have you faced any card cancellations or CLI reductions?
I am sure a lot depends on your credit profile and finances.
I retired 13 years ago and have not had any cards canceled or CL decreases.
Have also not had any problems getting new cards.
@Kforce you got new card like 12 years ago
@Remedios wrote:
@Kforce wrote:
@baronetheanvil wrote:There was an excellent thread in the applications section on getting applications approved after retirement. I wanted to approach the subject from the direction of being able to keep the cards and the credit limits you have after retirement. I am looking to retire next year at 58, What are others views and experiences on using cards after retirement. Have you faced any card cancellations or CLI reductions?
I am sure a lot depends on your credit profile and finances.
I retired 13 years ago and have not had any cards canceled or CL decreases.
Have also not had any problems getting new cards.
@Kforce you got new card like 12 years ago
![]()
I know it seems like that but in truth, when working I only had 3 cards.
It was retirement and this forum that ruined me.
It started with two SalieMae's then the Bank of the West, USBank Cash+, FNBO travel elite, and last year that 3% USAlliance, and a second 3% - January this year.
I have been closings some. ( 3 this year ).
Now only 6 cards, with 2 marked for closure next year.
@Kforce wrote:
@Remedios wrote:
@Kforce wrote:
@baronetheanvil wrote:There was an excellent thread in the applications section on getting applications approved after retirement. I wanted to approach the subject from the direction of being able to keep the cards and the credit limits you have after retirement. I am looking to retire next year at 58, What are others views and experiences on using cards after retirement. Have you faced any card cancellations or CLI reductions?
I am sure a lot depends on your credit profile and finances.
I retired 13 years ago and have not had any cards canceled or CL decreases.
Have also not had any problems getting new cards.
@Kforce you got new card like 12 years ago
![]()
I know it seems like that but in truth, when working I only had 3 cards.
It was retirement and this forum that ruined me.
It started with two SalieMae's then the Bank of the West, USBank Cash+, FNBO travel elite, and last year that 3% USAlliance, and a second 3% - January this year.
I have been closings some. ( 3 this year ).
Now only 6 cards, with 2 marked for closure next year.
Oh I didn't know that ❤️🤣
@Remedios wrote:
@Kforce wrote:
@Remedios wrote:
@Kforce wrote:
@baronetheanvil wrote:There was an excellent thread in the applications section on getting applications approved after retirement. I wanted to approach the subject from the direction of being able to keep the cards and the credit limits you have after retirement. I am looking to retire next year at 58, What are others views and experiences on using cards after retirement. Have you faced any card cancellations or CLI reductions?
I am sure a lot depends on your credit profile and finances.
I retired 13 years ago and have not had any cards canceled or CL decreases.
Have also not had any problems getting new cards.
@Kforce you got new card like 12 years ago
![]()
I know it seems like that but in truth, when working I only had 3 cards.
It was retirement and this forum that ruined me.
It started with two SalieMae's then the Bank of the West, USBank Cash+, FNBO travel elite, and last year that 3% USAlliance, and a second 3% - January this year.
I have been closings some. ( 3 this year ).
Now only 6 cards, with 2 marked for closure next year.
Oh I didn't know that ❤️🤣
It's all about his secret 3% MC... 🤣





Sock - 

On my 




Debit Cards - 


@unsungivy wrote:
It's all about his secret 3% MC... 🤣
Right, time for some peer pressure: "It's not nice to keep valuable secrets from your pals in MyFico who have given you so much information over the years. Is it really just Take Take Take?"
That's why I never mention my secret flat rate 5% rewards 0% APR for ever card (a.k.a the never pay card)
@Anonymous wrote:
@unsungivy wrote:
It's all about his secret 3% MC... 🤣
Right, time for some peer pressure: "It's not nice to keep valuable secrets from your pals in MyFico who have given you so much information over the years. Is it really just Take Take Take?"
That's why I never mention my secret flat rate 5% rewards 0% APR for ever card (a.k.a the never pay card)