I wanted to get everyones opinion on how closing good accounts works. I currently have three capital one accounts (two quicksilver mastercard and one just plain mastercard), Discover IT, Chase Sapphire Preferred and Victorias Secret. My Cap1 accounts have been my longest as they are not the greatest lender and was all I could get. I'm thinking about applying for an American Express and Chase Freedom and if approved, I want to get rid of my Cap Ones.
My question is how badly should this affect my credit score considering if I get rid of Cap1 my AAoA will be essentially two years (I don't now if other closed accounts in good standing still count). My other question is this: My parents have had Amex for a very long time. If they were to add me as an authorized user, and I then signed up for Amex, wouldn't that raise my AAoA a huge amount because it backdates the account? What would happen to that AAoA if I were to take myself off as an authorized user once I had my own card with Amex? I don't want my CS to take a huge hit from closing the accounts but considering I want to buy a house in a few years I wonder if now is the time to do it.
Thanks for the help, I'm sorry if this is so confusing! I am just tired of crummy CC companies and I want to phase them out for the top of the line cards. I hope everyone has a great holiday!!
