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Cancel secured card??

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Pshaw72
Member

Cancel secured card??

I have a BOA secured card that is my 2nd oldest card. I have since obtained several higher tiered cards with nice CL's. After receiving an Amex charge card, I called BOA to see if they would graduate the card. They denied on the basis that they wanted to see me use it more. Should I just go ahead and cancel this card or just ride it out?
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1 REPLY 1
Anonymous
Not applicable

Re: Cancel secured card??

Cancel it if you don't see yourself using it. It will still stay on your credit file another 10 years. By that time it won't matter coz your overall credit profile has aged well.
Message 2 of 2
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