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should i???

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afbar1114
Valued Contributor

should i???

i just paid off 4 of my credit cards:

Walmart

kohls

cap1

chase slate

 

 

 

i am thinking about closing 1 or 2 of those... or should i wait until i get another primce card like freedom or BCP

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650
Message 1 of 41
40 REPLIES 40
Datx
Valued Contributor

Re: should i???

If those are your only 4 accounts, then I would leave it open.

Message 2 of 41
Anonymous
Not applicable

Re: should i???

Didnt you get slate less than 30 days ago?

Message 3 of 41
afbar1114
Valued Contributor

Re: should i???


@Datx wrote:

If those are your only 4 accounts, then I would leave it open.


no they are not my only cards. here is what my profile looks like:

 

Name-CL-Opened-Bal

 

Bestbuy Store-$1000-Jan '12-$945

Amex Zync-NPSL-Jan '12-N/A (keeping)

Chase Slate- $500-Jan '12-$0 (keeping)

Walmart-$500- Jan/Feb '12-$0

Jared-$2500-Dec '11-$370

Cap1 No hassle-$500-Dec '11-$0

Kohls-$500- Jun '11-$0 (Keeping)

Home Depot-$1100-Jul '11-$356

Cap1 Plat-$750-May '11-$494

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650
Message 4 of 41
afbar1114
Valued Contributor

Re: should i???


@Anonymous wrote:

Didnt you get slate less than 30 days ago?


yea i wasnt planing on closing that one since its chase... im just trying to figure out what i should close.. i feel like i have to many.. i think closing store cards are better then closing major

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650
Message 5 of 41
Anonymous
Not applicable

Re: should i???

I think you really need to make up your mind on what you want to do. The point of gardening is to not app for anything and let your current cards grow. It would make sense to close them if they were, say, Credit One or FP. Maybe even Capital One. You have cards from GECRB that will grow, as well as your Slte card that you just opened. The benefit to the Slate is that it is prime, and will grow with you. But like I said, you really need to determine what you want to do. One week you want to open a million new accounts, then claim you are gardening...
Message 6 of 41
Anonymous
Not applicable

Re: should i???

If you actually shop at Kohl's (as I do), I don't see why you would close it.

Message 7 of 41
afbar1114
Valued Contributor

Re: should i???

i am gardening right now 25 days app free... i just want my profile to look good when i app for freedom or bcp in 6-12 months but more like 12 months

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650
Message 8 of 41
LS2982
Mega Contributor

Re: should i???


@Anonymous wrote:
I think you really need to make up your mind on what you want to do. The point of gardening is to not app for anything and let your current cards grow. It would make sense to close them if they were, say, Credit One or FP. Maybe even Capital One. You have cards from GECRB that will grow, as well as your Slte card that you just opened. The benefit to the Slate is that it is prime, and will grow with you. But like I said, you really need to determine what you want to do. One week you want to open a million new accounts, then claim you are gardening...

+1

 

Leave them all open let them grow!! SD if you don't want to use them!




EQ FICO 548 3/3/16
Message 9 of 41
afbar1114
Valued Contributor

Re: should i???

yea kohls i will most likly keep i get 30% off all the time and i dont pay tax on clothes

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650
Message 10 of 41
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