If you don't want to cancel it, call and see if you can get the fee waived. Eventually you'll want to cancel it though. 100/yr for no perks is not a permanent card.
@joeyv1985 wrote:All,
I'm pondering on removing a Credit One(Highlighted) credit card from my arsenal. I don't really have a long file on my CC's because I hit a bump in the road about 8-10 years ago. Since then I'm back on solid footing and I've been able to acquire some pretty solid/premium CC's. Below is a list on what I have currently, 6 CC's. I would like to trim that down to 5 CC's and eventually down to 3-4 CC's without adversly effecting my Credit Score. Please feel free to chime in. Thanks.
Credit Card Date Opened Credit Limit
Credit One 8/2014 $1,500
Capital One 10/2015 $4,000
Credit One* 11/2019 $1,500
Citi Double Cash 1/2020 $11,000
Citi AAdvan Plat 2/2020 $8,500
Chase Saph Pref 2/2020 $5,000
I was initially declined for the CSP, however I was able to get one after calling the Recon line last night.
Just close it, and actually close the other Credit One card too.
You can pay off any revolving utilization issues and beyond that it's a non-event from a credit perspective,
I just kicked a 30K line to the curb, my scores didn't even flinch and if they had, I could make them righteous by paying down a little more next month.
