Most things are already covered here. I got dinged by a couple of points when I closed my secure card with capital one. The utilization rate is also important. I use mine to maximum 10% and pay them off monthly. I also got dinged when I
opened a new credit card. Not just the hard pull but it decreased my average credit history age. I'm done with getting new cards for a while. I would suggest to keep the oldest card
open and use it at least 1% of the credit limit to show activity.
I'm not sure what Amex has planned for the Costco cards once the expiration date comes closer. Maybe they'll convert the accounts? I haven't heard anything about
Edit: after a quick Google search I find that the Amex Costco cards will be converted indeed. Either to the new Costco credit card or it will be another Amex card.
UC since 2002
Past treatments: Steroids, 5-ASAs, immunosuppressants, biologicals
Currently on 100 mg Azathioprine (Imuran), CCherbal (as needed), Wellbutrin 150 mg, Zoloft 50 mg, Klonopin 1 mg (as needed)
Scope on 3/6/2014 showed no inflammation but scarring
Also suffer from: Depression, Trichotillomania, Osteoporosis, Floaters, Misophonia
Post Edited (Andrina) : 4/21/2016 2:32:17 PM (GMT-6)