It's been a long road and I am ready to get rid of Credit One. Can't believe I ever signed up for them to begin with but you have to start somewhere I guess? It's a $700 card. They are trying to increase my limit a whopping $125 and charge me $25 for doing so. They are offering me another $500 card for a fee. They just sent me a $200 cash advance check in the mail. Yeah, they need to go.
When is it safe to close them down? Recently opened a few new cards and a new mortgage. Should I let that settle a few months first? I don't plan on anything else for a while. So I am ok with closing them now if that's an option. Merrick is next on the block.
Paid off. Actually have a credit of $35 sitting on it.
Also, thank you! It's been a long road. - Had a lot of help. Lot's of hard work but worth it.
Thanks for the info. Just closed it. Glad I did. Got the spiel from customer service about blah blah blah, let's keep it open, we can waive the fee you're getting next month $45 dollars (didn't know that). I was like, no. Just close it. Never talked to their customer service before. If I could post the shady gif, I would.
Feels so good!
Make sure you give it a good send off with a proper ceremony. I could think of a few that would make sure it would never possess the soul of another rebuilder.... (cue the Excorcist bedroom scene)
If you have another card, I would close Credit One and Merrick immediately, especially as you already have a mortgage. The point behind good credit is to help save you money, not lose it through stupid and excessive fees. Burn that ship, and revel in your new, better cards.