Questions and Answers

So I just received a cancellation notice from Chase this week, with the reason being a [B]lack of activity[/B] on my card. Rather than an UR earning card, this is for my old United Mileage Plus no-annual fee card I opened 15 or more years ago.

With all of my spending on other points/miles earning cards, I don’t think I’ve had a charge on this card in at least 8 years. I’ve only kept it for the long perfect credit history and never running into a 5/24 issue with Chase.

Should I try to fight this cancellation with Chase to keep the credit history? Or just let it go… and further reduce the chance of a 5/24 problem in the future. The rest of my credit is stellar, but with only one other no-fee card having more than 3 years of history. Should I expect my FICO score to drop much at all losing one card?

I’d try to negotiate to keep the card open since it’s got such a long credit history. Having it cancelled will have an impact on your credit score though it’s less of an impact if you have a few cards with an equally long or longer history.

I agree with David. Can you set up some monthly, or even annual, recurring charge and set the account up on autopay? Having a card open for that long is definitely helping your AAC if all your other cards are 3 years old or less.