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Credit One, time to close this account?

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Anonymous
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Credit One, time to close this account?

So as I stated earlier, Discover increased my CL to 2k from a $500 secured card. I also have a Credit One card with a CL limit of $450 and a Capital One card with a $300 CL.

 

Capital One and Discover are great cards. They work with you on a lot of issues when they arise. Credit One, on the other hand, has been a hassle. I had a suspicious charge on my card and I disputed the charges. They closed that card and informed me they were going to charge me $30 for my new card. I was pretty shocked. Plus all their customer support is in India and it's hard to communicate with them when there are issues.

 

My question is, should I close my Credit One card and how will it effect my credit?

 

Thanks!

Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Credit One, time to close this account?

Time to close since you already have a few other open accounts. No credit effect except for utilization (but can be controlled).

Message 2 of 5
AverageJoesCredit
Legendary Contributor

Re: Credit One, time to close this account?

Close it and never look backSmiley Wink
Message 3 of 5
Anonymous
Not applicable

Re: Credit One, time to close this account?

Anytime is a good time to close Credit One.
Message 4 of 5
Anonymous
Not applicable

Re: Credit One, time to close this account?

The fees alone should warrant everyone to close a credit one card lol
Message 5 of 5
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