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Keep or close credit builder Cards
A4445
Posts: 1,103 Forumite
in Credit cards
I opened 2x cards with Capital one to rebuild my credit. One card has £1750 limit and the other £1500. I've been accepted for normal cards with average interest rates. Should I close these accounts it's unlikely that I will use them again. They are my oldest cards. Usage isn't an issue as I always pay in full and don't carry a balance.
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Comments
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I'd also be interested in the outcome of this thread.0
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How long have you had them? I'm always wary of closing the oldest account because it can hit your credit. When were you accepted for the normal cards?0
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I've had the Capital One cards for a year. The new cards are all from August this year.0
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As there is no real history there I would be tempted to ditch one them and leave it 6 months and ditch the other. Have you got decent limits on the new ones ?0
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Limits are OK for my needs.
£4000
£3000
£1900
I have a Barclycard £2000 but it's high APR but they offer 0% on money and balance transfers every month so it's a good idea to keep that one.0
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