What Credit Cards have you closed and Why?

[AverageJoesCredit]

Lol @ renting a cc😄

[RSX]

Amex Green	Closed Aug 2019	no rewards
Nordstrom	Closed Aug 2019	not needed
Cap1 Platinum	Closed Jul 2019	wouldn’t grow past $7k and had an AF
Barclays	Closed Sept 2019	replaced by the Apple GS
DiscountTire	Closed Feb 8 2020	Closed by Synch
CareCredit	Closed Feb 8 2020	Closed by Synch
Lowes	Closed Feb 8 2020	Closed by Synch
PayPal Credit	Closed Feb 8 2020	Closed by Synch

[Anonymous]

---

@RSX wrote:

Amex Green	Closed Aug 2019	no rewards
Nordstrom	Closed Aug 2019	not needed
Cap1 Platinum	Closed Jul 2019	wouldn’t grow past $7k and had an AF
Barclays	Closed Sept 2019	replaced by the Apple GS
DiscountTire	Closed Feb 8 2020	Closed by Synch
CareCredit	Closed Feb 8 2020	Closed by Synch
Lowes	Closed Feb 8 2020	Closed by Synch
PayPal Credit	Closed Feb 8 2020	Closed by Synch

---

Nice! A table. Could you add a column for starting CL and ending CL? Just kidding. 

[RSX]

funny guy

here you go - and AGE in months

Amex Green	Closed Aug 2019	36	no rewards	5000	12000
Nordstrom	Closed Aug 2019	47	not needed	5000	8000
Cap1 Platinum	Closed Jul 2019	109	wouldn’t grow past $7k and had an AF	300	6975
Barclays	Closed Sept 2019	30	replaced by the Apple GS	4000	12000
DiscountTire	Closed Feb 8 2020	103	Closed by Synch	2000	10000
CareCredit	Closed Feb 8 2020	44	Closed by Synch	2500	20000
Lowes	Closed Feb 8 2020	105	Closed by Synch	5000	35000
PayPal Credit	Closed Feb 8 2020	71	Closed by Synch	3000	10000

[wingennis]

---

@AverageJoesCredit wrote:

Lol @ renting a cc😄

---

I call it like I see it🤔

[Anonymous]

I've closed 6 cards throughout my credit journey:

US Bank College Visa - My first credit card, but it went bye-bye when I got a few rewards cards

US Bank Rewards Visa - My second card, which I got when I was rejected for a US Bank Cash+. I let a bank teller talk me into the Cash+, without me recognizing that my credit reports wouldn't allow for an approval, and I ditched it for better cards after a few months. I was naive with credit at that point, but that mistake led me to search more info on credit and wind up on this forum, so this mistake led me to lots of learning!

Barclaycard Rewards MC - This was a pretty good card for me along the way. No real complaints, but I closed it when I felt I had better cards.

Chase Amazon Prime Visa - This was a good card, but I got rid of this when I decided to significantly reduce my spending on Amazon. I felt I was spending too much on online shopping, so I didn't want to downgrade this card to the regular Chase Amazon Visa. I've saved quite a bit of money by reducing my online shopping.

Schwab Investor Amex - I got this through an impulse application. It didn't really serve much of a purpose. I closed it just over one year after the approval to not have to forfeit the statement credit sign-up bonus. I split most of the credit limit from this card between my other Amex cards before closing.

Fidelity Rewards Visa - This was a good card, but the $50 redemption amount was very hard to reach with the amount of spend I put on the card when compared to my other cards. That's my only complaint with this card. I got rid of this card shortly after getting a Citi Double Cash.

I am the type that prefers to close cards, rather than sockdrawer them.

[joltdude]

@UncleBhad a juniper card if I recalll... 

---

@Anonymous wrote:

I haven't closed a card since 2009. It was a Capital One No Hassle card. I really don't know why I did it. Because I opened another Capital One No Hassle card shortly thereafter lol. Lost the history, which was reset to 2009.

Now that I think of it, could have been a bunch of spend coming and I wanted a 0% APR on purchases. 

I closed a UPromise Citi card in 2003. I realized, I couldn't really pay much tuition with rewards when my kids went to college. The 529 wasn't something that would become large from rewards earnings. I didn't even try to move the CL to my Citi Platinum Select. 

I closed everything down in 2001 during a divorce, then reopened a few after divorce finalized. They were mostly joint account cards.

In 2001, I opened a Juniper Bank credit card because I got an offer in the mail and it was a clear green  card that looked cool. That wore off and the fact it wasn't a well-known bank, I closed it. I think someone made a com,ent about it (Juniper Bank?? Who's that??).

[Anonymous]

---

@joltdude wrote:

@UncleBhad a juniper card if I recalll... 

---

@Anonymous wrote:

I haven't closed a card since 2009. It was a Capital One No Hassle card. I really don't know why I did it. Because I opened another Capital One No Hassle card shortly thereafter lol. Lost the history, which was reset to 2009.

Now that I think of it, could have been a bunch of spend coming and I wanted a 0% APR on purchases. 

I closed a UPromise Citi card in 2003. I realized, I couldn't really pay much tuition with rewards when my kids went to college. The 529 wasn't something that would become large from rewards earnings. I didn't even try to move the CL to my Citi Platinum Select. 

I closed everything down in 2001 during a divorce, then reopened a few after divorce finalized. They were mostly joint account cards.

In 2001, I opened a Juniper Bank credit card because I got an offer in the mail and it was a clear green  card that looked cool. That wore off and the fact it wasn't a well-known bank, I closed it. I think someone made a com,ent about it (Juniper Bank?? Who's that??).

---

Yeah, it was a rare card, but a bet a few here had it.

[UncleB]

---

@joltdude wrote:

@UncleBhad a juniper card if I recalll... 

---

Yep, I sure did... opened around 2002-ish.  IIRC it was my largest credit line at the time.

Unfortunately when I was downsized in the mid-2000s it became a casualty like many others, and that's why I'm on the Barclay's naughty list today. 

As far as I know, that's actually the only naughty list I'm still on.  At the risk of sounding like 'sour grapes' I'm not too torn up over it, though.

[Anonymous]

Amex Platinum (Ameriprise Ed)   It was free AF the first year, but no sign up bonus.  I'm a cashback person, so the 550AF and earning points didn't really grab me. 

Discover IT   It was one of my first cards i got when i started my rebuild.  Even tho it got most of my spend, as i only had 3 cards at the time, it wouldn't grow after graduation (no cli at graduation either)

Home Depot SC  I got it to start working on the house but only got a 500SL, and just wouldn't grow with usage. 

I have at least 5 cards now that are on the fence. I am waiting to increase other ones that do grow so i won't take a hit on Util when i do.