CarefulBuilder14 wrote:I got upgrades on some store cards. There were no bonuses or special rewards, and they closed old accounts and opened new ones. The risk of fraud is also increased, since the cards can be used anywhere V/MC is accepted (even though I have a dozen better V/MC options for most purchases). Still, they're definitely upgrades!
Then I read about someone else getting AA, and decided I didn't want to risk it, so I closed the accounts proactively.
The whole "proactive closure" thing is silly to me. It's fine if you just don't want a card anymore, but closing accounts because AA could occur is unnecessary. AA can occur on any and all accounts so by that logic, better shut them all down.
And don't understand what the real need is to be proactive about it. If they cut your limit or close the card, who cares? It's not like it's a derog or something that will make your score plummet. Deal with it if it happens, otherwise stop stressing about it.