dennybop Posted May 21 Share Posted May 21 I have 5 credit cards with a total availbe ofbout $9000. My current CC use is is 12% today but will be under 10% the first week of Junee under %10 next month. The only balance of about $1000 is on my Discover 0% card that will end the promo in December 2021. I'm not having a problem paying my monthly balance due. In fact I usually pay in $200 to $400 on my outstanding balance oftern at least 2 times a month. My current credit rate is about 737. I had a bankruptcy 5 years ago. Before that I had excellent credit. My bankruptcy was due to a health crists rather than irresponsible use of my CCs'. I'm now rebuilding my credit. My first question is this: Is it likely or unlikely that I'll get approved for another balance transfer CC? I know no one but the algorithm that accepts or denies any individual I'm just asking for personal experience re: this. My second question has to do with closing one or both of the Capital One CC's I have. There's no outstanding balance on either. My credit line on one is $750 and the other is $250. I don't really need these accounts and very rarely use them, and then pay off the outstanding balance right away. If closing these accounts makes getting a new 0% balance promo (for at least 15 months) I'm willing to do it. If this extra amount of unused credit I have will increase the odds of getting a new $0% balance transfer card I'll leave my Capital ONe CC's open.. As a side note: I've always paid off my Discover card within 3-4 months and that's what I expect to do with the current balance. I'm heading off on a trip in AUgust and would feel more comfortable finding s new ba;amce transfer card befpre going Link to post Share on other sites
Admin MarvBear Posted May 22 Admin Share Posted May 22 Welcome to CreditBoards. Link to post Share on other sites
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