http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1829871#M68579 <p>I am an additional card holder to my mother's credit card. It has been open since 2000.</p><p> </p><p>The credit limit is $20K.</p><p> </p><p>Will it hurt or help my credit score if I have it removed from my account?</p><p><br>What if I want to increase the credit limit on another existing card.  Will it hurt or help or no effect?</p><p> </p> Thu, 24 Jan 2013 00:30:12 GMT jwblue 2013-01-24T00:30:12Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1829871#M68579 <p>I am an additional card holder to my mother's credit card. It has been open since 2000.</p><p> </p><p>The credit limit is $20K.</p><p> </p><p>Will it hurt or help my credit score if I have it removed from my account?</p><p><br>What if I want to increase the credit limit on another existing card.  Will it hurt or help or no effect?</p><p> </p> Thu, 24 Jan 2013 00:30:12 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1829871#M68579 jwblue 2013-01-24T00:30:12Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1830189#M68582 <p> </p><p>Welcome to the forums !</p><p> </p><p>I'd recommend that you take a look at this sticky thread:   <a target="_blank" href="http://ficoforums.myfico.com/t5/Credit-Cards/Closing-Credit-Cards/td-p/347190">http://ficoforums.myfico.com/t5/Credit-Cards/Closing-Credit-Cards/td-p/347190</a></p><p> </p><p>In general, closing a credit card won't hurt your FICO score unless your revolving utilization increases as a result of losing the credit limit.</p><p> </p><p>What is the balance on the $20K limit card ?</p> Thu, 24 Jan 2013 02:43:55 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1830189#M68582 pizzadude 2013-01-24T02:43:55Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1834679#M68633 I think it also depends on the change in your AAOA. A 13-year-old account is a big deal for a lot of people. If you were removed, that account is liable to be immediately removed from your report. That's my understanding anyway...<br><br>I'm assuming that the account is in good standing with no previous issues Sat, 26 Jan 2013 07:58:33 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Will-closing-this-account-hurt-my-credit-score/m-p/1834679#M68633 slippy84 2013-01-26T07:58:33Z