- Centurion Member
- Posts: 211
- Joined: Thu Mar 15, 2012 10:08 pm
- Location: Ohio
Thinking about closing a card or two to reduce my vector for identity theft. Right now I have the following:
American Express BCP - $350 in rewards I earned in 2013 less the annual fee, so $275 in rewards. I think I want to keep this one open in case I ever decide to get an Amex Platinum again if they fix the reward program.
Chase Freedom - Used to be my primary card, but now I use it for the rotating categories mainly.
Chase Sapphire Preferred - This is really my primary card now because of the 7% points dividend, if I don't keep this around its not work keeping the Freedom around because its the only way I can transfer points out to other rewards programs. $95 annual fee though.
Ritz Carlton Preferred - Just opened it to rack up Marriott points bonus and get a lot of the perks back that I used to have with my platinum Amex. $395 fee though, combined with the Sapphire to take advantage of transferring UR to Marriott points its $490 which is slightly more than the platinum (but potentially more benefits between the 3 cards).
Discover More - I only use this in Oct-Dec to get the online 5% cash back bonus, so no annual fee but I get $75.
City Freedom Preferred - I just plain never use this card, it has no perks, no nothing really, but it is the only non-Chase branded Visa/MC - I thought about keeping it around in case of a pinch, but Amex and Discover are accepted most places domestically. I would just hate to be abroad and have my chase cards stop working for some reason (although unlikely).
So thoughts anyone? Is it worth closing any? Limits are below as well.
Everyday Preferred $45K | Amex Platinum NPSL | Citi Hilton HHonors Reserve $45K | Delta Platinum $30K | Chase Sapphire Preferred $64K | Citi Hilton HHonors $45K | Discover IT $25K