As of right now, I have four credit cards:
Fidelity Investment Rewards Amex
Costco Amex
LL Bean Visa
Bank of America MasterCard
I'm trying to get the number down to two--I'm keeping the Fidelity Amex for obvious reasons. The Costco Amex is going to be a waste now that Amex and Costco broke up so that's gone. My dilemma lies with the Visa and MasterCard. I get some small rewards with the Visa, none with the MasterCard, but I've had the MC for by far the longest (2005). I've heard it said that it's a good idea to keep an old card even if you don't use it for credit history purposes, but I don't like the idea of having that many cards. It makes sense to keep the Visa and ditch the MC because of the rewards and to have on hand if I go someplace that doesn't take Amex, but I don't want to inadvertently screw things up down the road. Thoughts?