@Anonymous wrote:
@CreditMagic7 wrote:
@Anonymous wrote:I've had my Overstock since July and started at 4800.00 and now at 6600.00 and it will be closed before the end of March. I too was tickled pink at the SL and a SP! You are right about Ebates, a much better card, cash back, Visa as well. I only use Overstock now, when I want a CLI to report. It's not worth it to me, and now it won't impact my utlization. I closed 3 accounts Brylane Home, Sunglass Hut and Newegg and there was no negative impact on my reports. While these cards were 7 months old, when I merged Cap One accounts, they still are appearing on my CR but just closed and no impact whatsoever.
@CreditMagic7 wrote:I'm looking for some basic collective consensus on this card. As many of you i was tickled pink when approved for it (like many other cards) with a $3K SL that is reached a peak now of $6500. Ok, i've made use of it only occasionally since the start but completely overlooked during that time that my Synchrony Ebates Visa (Cash Back) card also includes the Overstock online store in their massive list of retailers and so i really can't see any real benefit of keeping it anymore due to little use given Ebates has it covered and without the O-rewards annual membership fee.
Mot of you will say if you don't use it just get rid of it and i understand that but at what point, if any, is it best to close this card. It's coming up on 1 full year reporting. Does it make any difference if you close it before 1 year or doesn't really matter anyway?
Thanks Roseyk
I been trying to find a way to justify holding on to it but nothing adds up close since Ebates Visa has the corner on overstock as a retailer too. That variable percentage (changes from time to time) Cash Back buying from them with Ebates IMO just simply overtakes and outweighs any benefit the store card offers.
Since it seems it's ok to just close it before a 1 year mark i guess i'll do just that next week. I mean all my other Comenity cards are doing just fine and are at acceptable limits too.
CreditMagic7. When a card weighs on your mind and there really isn't a justification to keep it, closing it is the best decision. I have decided to close Walmart, just after I got it to 10K. My Ebates, Stash, Sams Club MC and PayPal Extra MC are far more valuable to me and I much rather get increases on those cards, then to tie up 10k with a store card. I can always use Sams at Walmart. While I love Ebates, the cash back for PayPal Extras is great as well.
I know. I really am completely satisfied with PayPal MC, Ebates Visa, and of corse Sam's Club just as they are. As you already know a new nice increase just came thru on Ebates Visa recently and my Sam's Club MC is $10K and PayPay MC at $8K. Anything extra Synchrony want to add to those is fine.
On the store side both Amazon & Walmart cards are at $6K respectively and the CLI's have stopped right there on those but also is OK. Although i do use the Amazon Card a lot, Ebates Visa has that one and Walmart covered too so it's just a matter of what percentage of utility you're comfortable with too whether or not to let them go as well.
After all on this end it took a long enough time for me to finally work those store limits up to where they are now and i can't stomach wasting all that effort just yet after putting the energy into it. 
@CreditMagic7 wrote:
@Anonymous wrote:
@CreditMagic7 wrote:
@Anonymous wrote:I've had my Overstock since July and started at 4800.00 and now at 6600.00 and it will be closed before the end of March. I too was tickled pink at the SL and a SP! You are right about Ebates, a much better card, cash back, Visa as well. I only use Overstock now, when I want a CLI to report. It's not worth it to me, and now it won't impact my utlization. I closed 3 accounts Brylane Home, Sunglass Hut and Newegg and there was no negative impact on my reports. While these cards were 7 months old, when I merged Cap One accounts, they still are appearing on my CR but just closed and no impact whatsoever.
@CreditMagic7 wrote:I'm looking for some basic collective consensus on this card. As many of you i was tickled pink when approved for it (like many other cards) with a $3K SL that is reached a peak now of $6500. Ok, i've made use of it only occasionally since the start but completely overlooked during that time that my Synchrony Ebates Visa (Cash Back) card also includes the Overstock online store in their massive list of retailers and so i really can't see any real benefit of keeping it anymore due to little use given Ebates has it covered and without the O-rewards annual membership fee.
Mot of you will say if you don't use it just get rid of it and i understand that but at what point, if any, is it best to close this card. It's coming up on 1 full year reporting. Does it make any difference if you close it before 1 year or doesn't really matter anyway?
Thanks Roseyk
I been trying to find a way to justify holding on to it but nothing adds up close since Ebates Visa has the corner on overstock as a retailer too. That variable percentage (changes from time to time) Cash Back buying from them with Ebates IMO just simply overtakes and outweighs any benefit the store card offers.
Since it seems it's ok to just close it before a 1 year mark i guess i'll do just that next week. I mean all my other Comenity cards are doing just fine and are at acceptable limits too.
CreditMagic7. When a card weighs on your mind and there really isn't a justification to keep it, closing it is the best decision. I have decided to close Walmart, just after I got it to 10K. My Ebates, Stash, Sams Club MC and PayPal Extra MC are far more valuable to me and I much rather get increases on those cards, then to tie up 10k with a store card. I can always use Sams at Walmart. While I love Ebates, the cash back for PayPal Extras is great as well.
I know. I really am completely satisfied with PayPal MC, Ebates Visa, and of corse Sam's Club just as they are. As you already know a new nice increase just came thru on Ebates Visa recently and my Sam's Club MC is $10K and PayPay MC at $8K. Anything extra Synchrony want to add to those is fine.
On the store side both Amazon & Walmart cards are at $6K respectively and the CLI's have stopped right there on those but also is OK. Although i do use the Amazon Card a lot, Ebates Visa has that one and Walmart covered too so it's just a matter of what percentage of utility you're comfortable with too whether or not to let them go as well.
After all on this end it took a long enough time for me to finally work those store limits up to where they are now and i can't stomach wasting all that effort just yet after putting the energy into it.
I do recall your increases which were great. I recall many saying that there is a 100K cap with Synchrony and I do have Care Credit, Belks, Walmart and Amazon and Chevron all with fantastic limits. I may have a window of 25K divided into the 4 cards that I really enjoy. I need to reduce my limits on Amazon and care credit and close Walmart and I will have more wiggle room. I do know what you mean regarding putting so much work in building some cards. But I would be sick to be denied a increase on Ebates or be given a small CLI because of my CL with Walmart. And yes utilization is always a consideration, I'm constantly crunching number, always, lol! Managing my credit is becoming a full time job. 😂😂.
@Anonymous wrote:
@CreditMagic7 wrote:
@Anonymous wrote:
@CreditMagic7 wrote:
@Anonymous wrote:I've had my Overstock since July and started at 4800.00 and now at 6600.00 and it will be closed before the end of March. I too was tickled pink at the SL and a SP! You are right about Ebates, a much better card, cash back, Visa as well. I only use Overstock now, when I want a CLI to report. It's not worth it to me, and now it won't impact my utlization. I closed 3 accounts Brylane Home, Sunglass Hut and Newegg and there was no negative impact on my reports. While these cards were 7 months old, when I merged Cap One accounts, they still are appearing on my CR but just closed and no impact whatsoever.
@CreditMagic7 wrote:I'm looking for some basic collective consensus on this card. As many of you i was tickled pink when approved for it (like many other cards) with a $3K SL that is reached a peak now of $6500. Ok, i've made use of it only occasionally since the start but completely overlooked during that time that my Synchrony Ebates Visa (Cash Back) card also includes the Overstock online store in their massive list of retailers and so i really can't see any real benefit of keeping it anymore due to little use given Ebates has it covered and without the O-rewards annual membership fee.
Mot of you will say if you don't use it just get rid of it and i understand that but at what point, if any, is it best to close this card. It's coming up on 1 full year reporting. Does it make any difference if you close it before 1 year or doesn't really matter anyway?
Thanks Roseyk
I been trying to find a way to justify holding on to it but nothing adds up close since Ebates Visa has the corner on overstock as a retailer too. That variable percentage (changes from time to time) Cash Back buying from them with Ebates IMO just simply overtakes and outweighs any benefit the store card offers.
Since it seems it's ok to just close it before a 1 year mark i guess i'll do just that next week. I mean all my other Comenity cards are doing just fine and are at acceptable limits too.
CreditMagic7. When a card weighs on your mind and there really isn't a justification to keep it, closing it is the best decision. I have decided to close Walmart, just after I got it to 10K. My Ebates, Stash, Sams Club MC and PayPal Extra MC are far more valuable to me and I much rather get increases on those cards, then to tie up 10k with a store card. I can always use Sams at Walmart. While I love Ebates, the cash back for PayPal Extras is great as well.
I know. I really am completely satisfied with PayPal MC, Ebates Visa, and of corse Sam's Club just as they are. As you already know a new nice increase just came thru on Ebates Visa recently and my Sam's Club MC is $10K and PayPay MC at $8K. Anything extra Synchrony want to add to those is fine.
On the store side both Amazon & Walmart cards are at $6K respectively and the CLI's have stopped right there on those but also is OK. Although i do use the Amazon Card a lot, Ebates Visa has that one and Walmart covered too so it's just a matter of what percentage of utility you're comfortable with too whether or not to let them go as well.
After all on this end it took a long enough time for me to finally work those store limits up to where they are now and i can't stomach wasting all that effort just yet after putting the energy into it.
I do recall your increases which were great. I recall many saying that there is a 100K cap with Synchrony and I do have Care Credit, Belks, Walmart and Amazon and Chevron all with fantastic limits. I may have a window of 25K divided into the 4 cards that I really enjoy. I need to reduce my limits on Amazon and care credit and close Walmart and I will have more wiggle room. I do know what you mean regarding putting so much work in building some cards. But I would be sick to be denied a increase on Ebates or be given a small CLI because of my CL with Walmart. And yes utilization is always a consideration, I'm constantly crunching number, always, lol! Managing my credit is becoming a full time job. 😂😂.
You make a good point Roseyk
I caught wind of this when one of their credit solutions guys slipped while requesting a CLI to my PayPal MC where he asked me if i was requesting for the Walmart card 
That right there told it all. They look all across your store cards with them too.