Comments on: Closed a Bunch of Credit Cards

By: The Credit Crunch Finally Hit Me | kekasih orang

The Credit Crunch Finally Hit Me | kekasih orang — Mon, 15 Jun 2009 15:47:33 +0000

[...] none of the credit card companies cut the credit limit on my cards. I see fellow blogger Sun has over $200,000 combined credit limits from 9 credit cards. When I asked How Long Can You Live On Your Credit Cards? last January, a [...]

By: Sun

Sun — Mon, 04 May 2009 03:06:59 +0000

@Ravi I have done with multiple times with issuers like Citibank, Chase, and AMEX. So far all of them were willing to accommodate my requests. If the cards weren’t closed a long time ago, I don’t think you will find any problem doing it.

By: Ravi

Ravi — Sun, 03 May 2009 21:12:52 +0000

Did you ever run into a situation where the issuer would not combine the credit limits? What happened?

By: Citi PremierPass Card 20,000 ThankYou Points Bonus [Card Reviews]

Citi PremierPass Card 20,000 ThankYou Points Bonus [Card Reviews] — Tue, 28 Apr 2009 14:38:46 +0000

[...] 529 Card I am using. Of course, I don’t need that many cards for travel. So I gradually closed some cards that I no longer wanted and keep only the Citi PremierPass Card I got two years [...]

By: Sun

Sun — Fri, 10 Apr 2009 13:37:54 +0000

@Albert I thought about that. If including the cards that have been closed, the average age of my cards is 5.8 years. However, the average age improved to 6.4 when only the cards are still open are counted. So it doesn’t seem I will get hurt too much by closing those cards. I am still keep the oldest cards.

By: Albert

Albert — Tue, 07 Apr 2009 20:36:26 +0000

Wouldn’t it have been more beneficial to you to keep some of the cards you opened in 2002-2004 active since they have aged a little bit longer?

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Mon, 06 Apr 2009 21:29:17 +0000

Closed a Bunch of Credit Cards: After having been mostly in the credit card accumulation mode for years, it seem.. http://tinyurl.com/cjfzrm