Merge and close some Credit Cards?

2ilent8cho

Aqua card 1 year, its just the basic one, no cashback but is my second largest limit at the moment, and the Amazon one a few months, got it for the free sign up money.

[Deleted User]

Keep them both - use them every now and then to stop them going dormant

cajef

BillyBills wrote: »

Credit cards are a sure fire way to financial disaster. Only spend what you can afford to spend. I!!!8217;ve worked hard for 30 years and my success is largely due to me never owning credit card.

What a load of rubbish, how you can equate success with never owning a credit is card is ridiculous, I have three credit cards and guess what I have never paid a penny interest because they are used sensibly and paid off in full every month, they never stopped me being successful enough to retire comfortably in my fifties.

T-G-C

2ilent8cho wrote: »

Aqua card 1 year, its just the basic one, no cashback but is my second largest limit at the moment, and the Amazon one a few months, got it for the free sign up money.

You wouldn't believe the amount of times I've heard that :eek: Never commit to a credit card purely out of the welcome gift card. When that awesome £10 or £20 is spent, what next?

You should consider affordability, the financial uses it can provide to you and whether the card's charges and interest rate is worth obtaining.

2ilent8cho

T-G-C wrote: »

You wouldn't believe the amount of times I've heard that :eek: Never commit to a credit card purely out of the welcome gift card. When that awesome £10 or £20 is spent, what next?

I just spend food or fuel on it and pay it off, just more good history to add to the file. I use them all at least one or twice every 2 months.

pcoventry

I use my card for fuel too - although being Electric I spend like £10 a month and do all my mileage so I guess I could just use cash!