thrasher865 wrote:Which cards (if any) are you carrying balances on? If you pay off all the cards, then no, closing them will not immediately affect your credit. And since they're less than 6 months old, they really won't every affect your credit if you can find some better cards to replace them. I might say try to get approved for one or two more higher CL cards before you go closing your fee riddled cards, though.
If it's an older card that's one of your oldest accounts, I would tread more carefully and try and get the company to lower fees or move you to a better card. Some of the "starter card" companies simply don't offer that option--their business model is to serve the low-credit clientele.
While the inquiries cease to count in scoring after 1 year and they lose their punch after 6 months don't kid yourself into thinking the companies you apply to don't take them into account. I wouldn't go app crazy just yet. Your approval from Wamu might not be indicative of prime credit card approvals. They can be very strange. Tread lightly.