A little backround. About a year ago, I had an awakening! I couldn't figure out where all my money was going. Turns out...It was going for late fees and interest on just about every bill I had. My credit score was horrid, and I had to do something about it. At the time, I had 2 Capital One cards, the Platinum with a $2000 limit, and a regular with a $600 limit, a Chase Speeway/SuperAmerica card with a $300 limit, a First Premier card with a $600 limit and a closed Credit Union MC with $1000 limit and balance. All of these cards were within $25 of their limit ALL of the time. I would stupidly forget dates payments were due, and miss them by a day, and get nabbed $39 plus the over limit fees.....I'm sure more than a few of us have been there.
ANYWHO.....Since January and my budget revival, I've paid off 1 of the capital one cards ($600) and the Chase card. I've dropped the balance of the Platinum Card to $1100 with an expected payoff in December. Last month, I applied for an increase on my First Premier, and got the limit up to $750. My scores have gone from the Mid 500's to what I can figure is the Mid 600's. Last week, I applied for a Barclays Frontier Airlines card and got approved for a CL of $750, and with that, I am tranferring the balance of my First Premier card to it because it has a 0% APR for 6 months on transfers.
My question is....My annual fee for the First Premier is up, should I cancel the card now? Try to negotiate getting the annual fee dropped? Try to negotiate getting the limit raised again? I'm not really a fan of this card, but it's one of my oldest cards (2002), and I don't want to ding my credit just as I've started to get it under control again. Thanks!!!
Amex Gold, Capital One VentureOne & Platium Cards, AAA BoA Signature Visa, Barclays Airtran & Frontier Airlines Cards, Paypal MC, Best Buy RewardZone Mastercard and Chase Speedway Mastercard....and I FINALLY Welcome to Discover...thank you and have a great day!!!!
EX: 667 (8/6 Amex App) - EQ 700 - TU 697
