Originally Posted by Dr Jabadski

Seriously considering closing this 2 month old Barclays/Bank of Hawaii Biz card, would appreciate thoughts I may be overlooking. I realize it’s aggressive, closing a newborn/infant* credit card was commonplace several years ago, more recently in the “anti-churning era” it seems to be quiet rare and considered imprudent. (The entire debate is moot if Hawaiian Airlines and its co-branded credit cards cease to exist, due to Alaska buyout/merger, during the next 2 years.)

Upside: Eligibility for (another) SUB 10 months sooner.

Downsides: Barclays/Bank of Hawaii shutdown (? unknown probability).
- Hawaiian Airlines account closure (? minimal to nonexistent probability).
- Derogatory information reported to credit bureaus by Barclays/Bank of Hawaii (? unknown probability).

Unknown: Clawback of SUB earned and posted 6-8 weeks ago (? unlikely probability).

Reasoning: Barclays/Bank of Hawaii for me is of minimal value in terms of ongoing relationship and earning potential, 4th priority after Chase and AmEx, then BOA. I don’t have any other financial relationship nor interest in any other credit cards with Barclays/Bank of Hawaii so shutdown would be of minimal concern. Even clawback would be of minimal concern as my Hawaiian Airlines miles are speculative without planned use and their cost was minimal (a little time, an annual fee). Hawaiian Airlines its co-branded credit cards might be gone in 2-3 years so wouldn’t make a difference from miles point of view.

Curious what others, particularly those with Barclays/Bank of Hawaii experience think. Thank you.

(* newborn, infant: “The term newborn is often used for babies under 28 days or even up to 2 or 3 months of age, according to experts. After this period (and even during the newborn stage), your little one may be referred to as a baby or an infant up until they're around 1 year of age.”)