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Let’s Give proper Acknowledgement to the SockDrawer Cards

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CreditCharmer
Regular Contributor

Let’s Give proper Acknowledgement to the SockDrawer Cards

What cards are you currently not showing any love?  Why? 
Tell us, is it in the back of your wallet, in the bottom of your purse?  Has it met the ultimate abandonment, the Sock Drawer?  

For reasons I can't particularly explain, my Chase Freedom Unlimited (5.1k) and my Apple Card (10K) are getting the least amount of love.  
I plan on bringing them back to the forefront in November.  I'll give them a little Holiday Spend Razzle Dazzle.  
C15432C6-2274-4B42-9905-D7307F0074AA.jpeg

 


 

Credit is a lot like a Reputation....It takes 20 years to build it and five minutes to ruin it. If you think about that, and you will do things differently.









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Message 1 of 25
24 REPLIES 24
isik
Regular Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards

I don't have many cards so the list is going to be short:

Cap1 QS: I have a few subscriptions and my power bill autopay on this card but I never use it for anything else

Discover It: I don't use it except when there's a Paypal, Amazon or mobile wallet promo. In those months, some spending but the CL is too low to be actually useful.

And all of my foreign cards: not very useful in the US, except a few old subscriptions from the before times

Personal:

Business:

FICO 8:
Message 2 of 25
Blender
Established Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards

One of my CO hasnt seen a dollar in months. The other carries a small balance. I plan to hack one by years end, the other early next year.

10/2024


Message 3 of 25
CreditCharmer
Regular Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards


@isik wrote:

I don't have many cards so the list is going to be short:

Cap1 QS: I have a few subscriptions and my power bill autopay on this card but I never use it for anything else

Discover It: I don't use it except when there's a Paypal, Amazon or mobile wallet promo. In those months, some spending but the CL is too low to be actually useful.

And all of my foreign cards: not very useful in the US, except a few old subscriptions from the before times


Ahhhhh I forgot about my Discover It.  It's out of rotation b/c I'm currently using it for a Balance Transfer.  I don't have and Cap 1 products to date.  

Credit is a lot like a Reputation....It takes 20 years to build it and five minutes to ruin it. If you think about that, and you will do things differently.









Take the myFICO Fitness Challenge


Message 4 of 25
CreditCharmer
Regular Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards


@Blender wrote:

One of my CO hasnt seen a dollar in months. The other carries a small balance. I plan to hack one by years end, the other early next year.


From the sock drawer to the grave ehhh! May I ask, which one you plan on axing?  

Credit is a lot like a Reputation....It takes 20 years to build it and five minutes to ruin it. If you think about that, and you will do things differently.









Take the myFICO Fitness Challenge


Message 5 of 25
Anonymous
Not applicable

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards

CFF of course, see sig for CL. Scheduled a meeting at the branch tomorrow.

Message 6 of 25
SouthJamaica
Mega Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards


@CreditCharmer wrote:

What cards are you currently not showing any love?  Why? 
Tell us, is it in the back of your wallet, in the bottom of your purse?  Has it met the ultimate abandonment, the Sock Drawer?  

For reasons I can't particularly explain, my Chase Freedom Unlimited (5.1k) and my Apple Card (10K) are getting the least amount of love.  
I plan on bringing them back to the forefront in November.  I'll give them a little Holiday Spend Razzle Dazzle.  
C15432C6-2274-4B42-9905-D7307F0074AA.jpeg

 


 


I have a sock drawer, but I don't put credit cards in it. Every month I use every card I have. Admittedly some are more useful than others, but they're all good IMHO, and I don't want any of them to feel neglected.  If I had a card that was really useless, I would probably just close it.


Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682




Message 7 of 25
CreditCharmer
Regular Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards


@SouthJamaica wrote:

@CreditCharmer wrote:

What cards are you currently not showing any love?  Why? 
Tell us, is it in the back of your wallet, in the bottom of your purse?  Has it met the ultimate abandonment, the Sock Drawer?  

For reasons I can't particularly explain, my Chase Freedom Unlimited (5.1k) and my Apple Card (10K) are getting the least amount of love.  
I plan on bringing them back to the forefront in November.  I'll give them a little Holiday Spend Razzle Dazzle.  
C15432C6-2274-4B42-9905-D7307F0074AA.jpeg

 


 


I have a sock drawer, but I don't put credit cards in it. Every month I use every card I have.


That's awesome, I thought everyone had that one card......lol!  Good job keeping them all in rotation.  

Credit is a lot like a Reputation....It takes 20 years to build it and five minutes to ruin it. If you think about that, and you will do things differently.









Take the myFICO Fitness Challenge


Message 8 of 25
SUPERSQUID
Valued Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards

My longest SD card has to be the Firestone auto card. I havent used it in the last 2 years and the one time i used it was for 164 bucks and i quickly paid it off.

{ BK7 DC 12/2019 } target 2800/ kohls Visa 7000/ discover IT cb 5800 / 2nd discover IT cb 6000/mercury 4100 /legacy 3500 /HUE cc 3500/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4650, Penfed PCR signature visa 10k/ penfed gold 5600 /NFCU signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 55k
Total utilization above 50 pct.
Ficos ,most are slightly above 700, the 9's slightly higher than the 8's

TCL - about 110k
Retired since 2017
Message 9 of 25
notmyrealname23
Established Contributor

Re: Let’s Give proper Acknowledgement to the SockDrawer Cards

Delta Blue: boooooooring. I'll probably dump it when I need a different AMEX.

Petal2; also boring (but it's one of my older open cards).

Hotels.com: well, once the VentureX came out...

Fidelity VISA and SoFi MC: 2% is kind of boooooring these days when I am flush with points earning cards.

Hilton Aspire: not boring but not getting much use outside Hilton hotels.

Citi AA MileUp: Citi desperately wants me to use it with a 0% interest rate until summer + generous balance transfer offers (but not as generous as my CU that doesn't charge a balance transfer fee). But 1x AA miles? Stil boooooring.

Charles Schwab AMEX Platinum NPSL | Amex Platinum (I know) NPSL | Amex Gold NPSL | First Tech FCU Choice Rewards World MC 35k | AMEX Marriott Bonvoy Brilliant 18k | AMEX Hilton Aspire 17.5k | Chase Southwest Priority Visa 15.5k | Bilt Rewards MC 14k | Capital One Venture X 13k | Fidelity VISA Signature 11.5k | Citi Custom Cash 11.9k | Citi Premier 8.9k | Chase Freedom Unlimited 9k | SoFi MC World Elite 8k | Barclays AAdvantage Aviator Red 8k | Capital One SavorOne 7.5k | Amazon/Synchrony 7.5k | Citi Custom Cash 6.9k | PayPal Synchrony MC 6.4k | DiscoverIt Cashback 5k | Hotels.com 5k | Apple Card 3k | Target 800 | Ch 13 filed 12/13 discharged as paid 1/19
Message 10 of 25
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