Hey donna, Not a silly post. I can only answer for myself (of course!), but my reason for combining is really to cut down on maintenance (two statements, two payments, two sets of balance transfer checks each month, etc. etc. etc.). I'm really tired of keeping up with all this paper. Another benefit is a higher credit line. When you apply for new cards, a lot of the issuers will try to top the limit on your highest card. That can be a big boost.
1. Less tradelines. 2. Higher Credit line on report. 3. Smaller minimum payment (in theory). 4. Ability to get more accounts from same creditor. 5. Don't have to carry as many cards in wallet/deal with payments/etc..
my husband has 3 accounts with providian -gold mastercard 1000cl -classic visa 2300cl -getsmart visa 500cl the gold and getsmart are fairly new and the classic he received in 1999. would it be possible to try and combine these??
