CarefulBuilder14 wrote:Is that a new Kohls card?
If you're willing to take 2 minutes per card/issuer to log into your less-active online card accounts every few weeks, then I say keep the accounts open.
There's a big difference between having a card you won't be using often, and a card you'll absolutely never use again. You don't want to be in the position of re-applying for cards you closed for no good reason.
The Kohls Card is my first actual credit line issued to me. Kinda forgot I had it since I never use it and I wasn't the one who wanted it in the first place as my parents opened it for me. I've only used it once and it was PIF. It was opened last year so I imagine it will be closed for inactivity next year at some point. The cards I don't see myself using actively are my Amazon Rewards card and my BoA (after the promo APR) along with the Discover card (after the double cashback promo). However it wouldn't be hard for me to keep those accounts open. I can find a use for those cards not a problem. I'm just worried that I might run into a situation where a lender would think I have "too much" credit and deny a car financing or some such thing
you have decent amount of credit; i wouldnt say its too much unless you grow it to xxk.
Ive seen folks get turned down for not having past installment loans (eg student loans, other auto loans) or too little credit, not too much credit (unless you're maxed out and carrying the balances)
I would in your shoes--cancel the store card of amazon like JonE stated, as well as your kohls, and than see if you can get the freedom, it, and the amazon cl to grow. if you get pass the 5k mark, awesome. down the line if you can get over 10k, even better.