Second Card from Credit One.

[Nikita2008]

I currently have a Credit One card that I have had for exactly a year ($400 limit) . My history with them is good , no lates. I've been at a 0 balance for a few months, I rarely use it because of the no grace period thing. I actually have a small credit balance because of rewards that posted after I paid my bill.  The $99 annual fee is coming up. I was thinking about swallowing the fee for one more year because I just closed a First Premeir Card that was far worse, $49 annual fee, & $14.50 monthly fee, 36 % APR .Don't want to close them all at once. 

I logged into Credit One, and it said that I was preapproved for a new card with a $1000 limit, with a slightly lower rate, $39 fee , and a grace period. In all honesty, I don't want or need another card right now.

I got some decent cards recently ( past month or so) NFCU Cash Rewards 15k, Discover Cashback 9k, Amex Blue Cash 2k. So the plan was to garden for 6-12 months and start working on my goal Jet Blue Card.

That said I don't want another hard pull ( I got 2 on Experian for Amex and Discover, and 1 on TU for NFCU ), nor do I want another new account to report. Anyone have any luck getting Credit One to convert the terms on existing cards?

[Anonymous]

You're in with Navy, Amex, and Discover. Not only would I not take this new Credit One card, I'd close the other before the AF hits and never look back. Your current good cards and their limits mean you're beyond the need for garbage subprime cards. 

[Brian_Earl_Spilner]

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@Anonymous wrote:

You're in with Navy, Amex, and Discover. Not only would I not take this new Credit One card, I'd close the other before the AF hits and never look back. Your current good cards and their limits mean you're beyond the need for garbage subprime cards. 

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Ditto

[OmarGB9]

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@Brian_Earl_Spilner wrote:

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@Anonymous wrote:

You're in with Navy, Amex, and Discover. Not only would I not take this new Credit One card, I'd close the other before the AF hits and never look back. Your current good cards and their limits mean you're beyond the need for garbage subprime cards. 

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Ditto

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Double Ditto

[Brian_Earl_Spilner]

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@OmarGB9 wrote:

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@Brian_Earl_Spilner wrote:

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@Anonymous wrote:

You're in with Navy, Amex, and Discover. Not only would I not take this new Credit One card, I'd close the other before the AF hits and never look back. Your current good cards and their limits mean you're beyond the need for garbage subprime cards. 

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Ditto

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Double Ditto

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Tritto?

[8in2years]

triple ditto

[Papa_Bear]

Speaking as someone about to cancel their Credit One, you can probably kiss them goodbye and work on the better relationships you've started. I can't really say that they have great or even good growth potential so your worst card is probably way better then whatever they can offer you. Unless you just really love them that much.

[Nikita2008]

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@Papa_Bear wrote:
Speaking as someone about to cancel their Credit One, you can probably kiss them goodbye and work on the better relationships you've started. I can't really say that they have great or even good growth potential so your worst card is probably way better then whatever they can offer you. Unless you just really love them that much.

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BertNo love at all. I don't even use the card lol. I thought it was bad to close everything all at once.

[Nikita2008]

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@Anonymous wrote:

You're in with Navy, Amex, and Discover. Not only would I not take this new Credit One card, I'd close the other before the AF hits and never look back. Your current good cards and their limits mean you're beyond the need for garbage subprime cards. 

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Is it not bad to close them all at once? I parted with First Premeir last week. I have to say that felt good.

[Anonymous]

I see no issue with it. It'll say "closed by consumer" and I think any good lender seeing it will understand completely.