Who should I drop if any???

[MoreRewards]

I've been pondering this awhile. Thinking which cards to close if any. I'm not against keeping them all open. If any get closed due to non use that's ok too. I know they will stay on my report for 10yrs.
But I'm not sure if having x amount of open lines of credit could look bad in future if I wish to obtain more, new credit. Like I'm a credit risk because I could max out my cards.
I'm not too concerned about it just a thought.
My friend just asked me. " Why do you need so many?" Well I don't & don't use them all!

1. Chase Slate $1300 Considered moving limit & closing but its my oldest card so I'd like to keep open for age so that when if it's ever finally closed it will report 10yrs from that date.

2. Capital 1 Platinum $2500 thought about closing

3. Citi Diamond Preferred $2000 another to close
they've offered me some rewards but it's obsolete with my other cards

4. Walmart Discover $3000 I never use this!

5. FNBO Amex $4800 maybe close it's the same rewards as BCE

My bank MC has good rewards but only a 1k limit!? I've no idea if they will do CLI as then I'd use it. But otherwise I don't need it.

[clocktick]

Well how many would you be keeping open?

[MoreRewards]

I plan to keep

Discover It $3850
Sallie Mae $4350
Chase Freedom $3500
CSP $7600
Amex BCE $8600

If I can get increase on bank card the rewards are good even though it's redemption for pre paid VS or MC vs CB. General spend comes out to 1.1-1.25% & online is 5.56%+ so it compete or compliment DS It this holiday season if the bank will increase my limit.

[colinstu]

What scores do you have? Are you big into carrying balances?

* Open a Chase Freedom or better card and trasfer that Slate CL over & close it. 

* PC the Cap1 card into a Quicksilver

* Sock drawer the citi card or close it if you really want to. 

* Again, SD or close the Walmart Discover card, sounds like you already convinced yourself. A Discover IT would be a better card anyways (walmart cards aren't backed by Discover, so you can't PC it) 

* That FNBO card isn't as good as the BCE. BCE gets you 3% on groceries, not 2% like the FNBO. Do what you want with this card, closing it and opening a BCE would be the better situation, but your CR needs to be in shape before applying (same for Chase and Cap1)... lots of INQs / recent action and they'll turn you down.

EDIT: see you made a reply on some details... just transfer the Slate CL over to the Freedom/CSP then, close the FNBO, Walmart, Citi, your bank's MC cards, and use the Cap1 QS as your 1.5% on everything card. 

[clocktick]

I'm pretty sure you can't transfer balances within the same bank (Chase Slate to Chase Freedom for instance).

[colinstu]

You can transfer CLs, not balances. Pay the balance off first (if it isn't already) and transfer the limit is what I'm saying. 

[MoreRewards]

My scores are EQ 761, TU 777, EX BC Enhanced 774
Sometimes I carry a balance but I mostly PIF. It kind of depends on the card, purchase, ect

I already have Freedom & Sapphire Preferred

Been considering that on Cap 1 but it's a MC & I want Q1 Visa Siggy so would that even be possible.

So Citi chopping block. Will it effect them giving me credit in the future?

Yup Think I'm done with WM since I can get my score through SM & DS.

I will check my card holder agreement after work. I'm pretty sure FNBO is 3% groceries, 2% gas. As I remember it being the opposite of BOA 123 & had considered at one time getting that & using both for 3%.
I have the BCE though so it doesn't really matter.

[clocktick]

Sorry, I misread and thought you meant balances. 

OP - if there are any you want to let go, I would just do it

[ExplicitElicit]

I would do what colinstu said, transfer balances on your cards to other cards that are within the same bank. I don't know about your area but right now until December I get 15c off a gallon by using my Walmart card (at walmart and sams gas stations) and I just pif every month.

[tattooedhusker]

Honestly, I would transfer the Slate limit to your freedom and go ahead and close it out. It won't hit you much/if at all when it falls off in 10 years.