consolidating ecosystems: closing my Bank of America and eventually Capital One cards
hello everyone! I just wanted some thoughts about my plan to close my 3 Bank of America and 2 Capital One cards.
I am entering my mid 20s, so I have enjoyed churning cards and maxing card benefits. but I feel I have come to a point where I want to consolidate to make it all easier to manage. I have credit cards with Bank of America, Capital One, American Express, and just recently a Citi Bank card (in addition to an Amazon Store card) for a total of 12 credit cards open currently.
I personally see a lot of use in AmEx and Citi cards, which is what I plan to move towards. so I just want to see, say in the future if I wanted to reopen cards with either of B of A or C1 how hard it would be, or if it would even be worth doing. my idea is to lean on Citi cards for daily spending and AmEx cards for benefits, and with C1 lacking in card variety, and B of A mainly cash back, they seem limiting for my near term purposes.