Quote:
Originally Posted by SteelTown
FYI……should keep your visa cards even if you don't have anything on it. Just cut up the card instead and forget about it instead of cancelling it.
By doing that it'll help your credit report, more credit cards you own with a good record will help your standings.
|
My last off topic, for this thread.
Thanks, but my credit rating is stellar. Combinging the limits all the credit cards I carry in my wallet, my total credit exceeds $75K (now only $50K, lol).
I was fed up with their service and when their rep said; sorry he couldn't help with stopping cancellation of my CIBC Aeroplan to replacement with CIBC Infinite, because "that ship had already sailed" (direct quote). I said yes you are right it will be canceled only sooner rather than later, cancel it now. Keeping in mind my wife and I put over $100K (115,000 Aeroplan Miles) on that card for personal and work expenses in only 2.5 years (February 2006 to now), I expected to be treated with a little more respect and accomodation.
It costs $120/year to have that card, so cancelling it makes sense. Now to turn the 115K points into $850 worth of gift cards........