I recently got a letter offering me the option to opt out of my store revolving credit account’s transition to a Visa card. I have no idea of the pros/cons of having these co-branded “store visa/mastercards” and am not finding much clarity via Google.
I have zero revolving account debt and very little credit card debt (will be at zero at end of 2019 thanks to a comfy zero % balance transfer which allows me to pay off and add to my emergency fund, and then I’ll be debt free, save for my car payment). However, I have a TON of available credit- more than it would ever be smart to use. Not sure show much available credit is too much (is there such thing?), or whether these department store cards turning to Visa/Mastercard makes any difference re credit score/credit-worthiness.