- Centurion Member
- Posts: 4564
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
With the issuers seeming to be giving out decent limits these days when they want your business (and if they don't, trust me nothing you do is going to convince them otherwise) I've decided that Barclay's is going to be closed. I just paid a bill on it, as soon as it posts which should be Monday, I'll pay it, and call to close the card.
A 2k limit is something I would have LOVED a year and a half ago, but right now, it's a waste of time to have to feed now and then to keep open. Just the honest truth.
And I've decided to see what Discover does next. If I don't get an auto cli after 6 months with that to at least 5k, it's gone too. Their customer service is great, but if they are truly that conservative, well more power to them I guess, Cap One is conservative also and I have no use for them either at this point in life. Just an honest assessment of where things are.
The others I plan on keeping for now. Maybe in a few months I'll try for something with the goal of getting a starting limit of 10k or higher and re-evaluate my current cards if I should get something interesting. Right now I'm truly not at all interested in ANYTHING under 5k (except Target, 1k is fine though 2 would be better) and only marginally interested in anything under 10k. 2 of my current cards meet the preferred criteria, so I'd like to get all the ones I use regularly up to that, or just not use them.
Last but not least I'm app free in 2013 thus far on all three bureaus, and in June is when I'll look with the goal of getting a higher limit card to add to the portfolio. (10k is preferable as mentioned). I'll have no inquiries in 6 months then. And I don't know who it will be, but I'm blacklisted with Amex, have NO interest in Citi, and Chase is a dead end for me so it won't be those guys. Suggestions are welcome if you wish. I don't qualify for USAA or Penfed or NCFU just as an FYI.